900 8th Ave S #204NaplesFL34102
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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 900 8th Ave S #204, Naples, FL, 34102 uses $196,051 cash to close to unlock $17,318/yr annual cash flow and $1,443/mo monthly cash flow. Total monthly income runs $5,398/mo, and a $2,917/mo payment keeps the spread at $1,443/mo. Purchase price stands at $595,900, and rental yield measures 10.87% with $5,398/mo rent. Return on cash invested shows 28.89% in year one, and 5% annual appreciation builds toward $164,636 over five years. Five-year ROI reaches 151.59% and total cumulative return in cash records $297,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,398/mo property income covering a $2,917/mo payment rather than investor’s personal income.
Condo
Built in 1971
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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