8298 Key Royal LN #413NaplesFL34119
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 8298 Key Royal LN #413, Naples, FL, 34119 in Naples, $245,000, 10.79% gross yield, $111/mo net income. Consider it a market-entry position, the $2,203/mo rent covers the $1,102/mo payment with a margin, and 5%/yr appreciation is projected to add $67,689 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.00) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $130,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.1% |
| Monthly Cash Flow | $111 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,203 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34119, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,829 (100%) |
| Owner Occupied HU | 12,915 (65.1%) |
| Renter Occupied HU | 3,072 (15.5%) |
| Vacant Housing Units | 3,842 (19.4%) |
| Median Home Value | $728,985 |
| Average Home Value | $838,696 |
Housing Distribution
Address Breakdown
Residential
18,923
Single Family
14,363
Multi-Family
4,560
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34119, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,829 (100%) |
| Owner Occupied HU | 12,915 (65.1%) |
| Renter Occupied HU | 3,072 (15.5%) |
| Vacant Housing Units | 3,842 (19.4%) |
| Median Home Value | $728,985 |
| Average Home Value | $838,696 |
Housing Distribution
Address Breakdown
Residential
18,923
Single Family
14,363
Multi-Family
4,560
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices