8987 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 8987 Madrid Cir, Naples, FL, 34104 generates $5,230/mo in rent and, after a $2,937/mo payment, leaves $1,089/mo in cash flow. Total monthly income is $5,230/mo, and annual cash flow is $13,068/yr on $197,400 invested. Return on cash invested sits at 26.68% in year one, and rental yield is 10.46% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 140.06% and total cumulative return in cash sums $276,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,230/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
4,356 sqft lot
$N/A/sqft
$1,908 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: Elliot Barton • Waterfront Realty Group Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225013777
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.