68 Enchanting Blvd #ENaplesFL34112
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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 68 Enchanting Blvd #E, Naples, FL, 34112 priced at $183,900 converts $1,557/mo rent into $9/mo cash flow after a $900/mo obligation. Total monthly income equals $1,557/mo, and annual cash flow totals $105/yr on $60,963 invested. Return on cash invested prints 20.08% in year one, and rental yield reads 10.16% against a $183,900 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation compiles into $50,808 by year five. Five-year ROI reaches 106.7% and total cumulative return in cash sums $65,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,557/mo property income covering a $900/mo payment, not borrower’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$3,936 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34112, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,833 (100%) |
| Owner Occupied HU | 10,358 (49.7%) |
| Renter Occupied HU | 3,530 (16.9%) |
| Vacant Housing Units | 6,945 (33.3%) |
| Median Home Value | $473,527 |
| Average Home Value | $615,033 |
Housing Distribution
Address Breakdown
Residential
18,664
Single Family
13,834
Multi-Family
4,830
Businesses
704
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Listed by: Yasmine Awad, PA • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224087974
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.