631 Serendipity DrNaplesFL34108
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Naples at 631 Serendipity Dr, Naples, FL, 34108 generates $4,417/mo in rent, after a $6,118/mo payment. Total monthly income is $4,417/mo. Return on cash invested sits at 8.88% in year one, and rental yield is 4.24% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 44.2% and total cumulative return in cash sums $178,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,417/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34108, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,293 (100%) |
| Owner Occupied HU | 7,024 (49.1%) |
| Renter Occupied HU | 1,226 ( 8.6%) |
| Vacant Housing Units | 6,043 (42.3%) |
| Median Home Value | $1,232,225 |
| Average Home Value | $1,335,714 |
Housing Distribution
Address Breakdown
Residential
12,522
Single Family
8,046
Multi-Family
4,476
Businesses
1,125
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