8980 Madrid CIRNaplesFL34104
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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 8980 Madrid CIR, Naples, FL, 34104 priced at $480,000 converts $3,145/mo rent into after a $2,349/mo obligation. Total monthly income equals $3,145/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 7.86% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 91.81% and total cumulative return in cash sums $146,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,145/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2020
3,920 sqft lot
$N/A/sqft
$1,860 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34104, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,029 (100%) |
| Owner Occupied HU | 8,178 (48.0%) |
| Renter Occupied HU | 4,488 (26.4%) |
| Vacant Housing Units | 4,363 (25.6%) |
| Median Home Value | $474,892 |
| Average Home Value | $562,833 |
Housing Distribution
Address Breakdown
Residential
15,059
Single Family
9,063
Multi-Family
5,996
Businesses
1,361
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Listed by: Kathy Knabel-Bailey • Compass Florida LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225044887
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.