788 Park Shore Dr APT E36NaplesFL34103
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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
Investment property for sale in Naples at 788 Park Shore Dr APT E36, Naples, FL, 34103 listed at $365,900 pairs $5,794/mo rent with a $1,791/mo payment to leave $2,346/mo cash flow. Total monthly income runs $5,794/mo, and annual cash flow reaches $28,147/yr on $121,296 cash to close. Return on cash invested measures 43.11% in year one, and rental yield registers 19% at a $365,900 basis. Equity gained on principal adds $2,361/yr, and annual property appreciation at 5% supports $101,091 by year five. Five-year ROI tracks 231.54% and total cumulative return in cash totals $280,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,794/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$12,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34103, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,255 (100%) |
| Owner Occupied HU | 5,109 (49.8%) |
| Renter Occupied HU | 908 ( 8.9%) |
| Vacant Housing Units | 4,238 (41.3%) |
| Median Home Value | $1,137,868 |
| Average Home Value | $1,286,603 |
Housing Distribution
Address Breakdown
Residential
9,610
Single Family
3,911
Multi-Family
5,699
Businesses
872
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Listed by: Jim Natichioni • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224095400
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.