880 8th AVE S #202NaplesFL34102
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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 880 8th AVE S #202, Naples, FL, 34102 generates $4,671/mo in rent, after a $6,351/mo payment. Total monthly income is $4,671/mo. Return on cash invested sits at 9.12% in year one, and rental yield is 4.32% on a $1,297,500 entry. Equity gained on principal adds $8,373/yr, while 5% annual appreciation builds toward $358,475 over five years. Five-year ROI reaches 45.51% and total cumulative return in cash sums $191,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,671/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34102, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,934 (100%) |
| Owner Occupied HU | 4,545 (45.8%) |
| Renter Occupied HU | 1,140 (11.5%) |
| Vacant Housing Units | 4,249 (42.8%) |
| Median Home Value | $1,817,500 |
| Average Home Value | $1,578,617 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
5,064
Multi-Family
3,499
Businesses
1,336
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