9087 Michael Cir UNIT 6-609NaplesFL34113
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
Investment Highlights
Investment property for sale in Naples at 9087 Michael Cir UNIT 6-609, Naples, FL, 34113 uses $88,743 cash to close to unlock $46,005/yr annual cash flow and $3,834/mo monthly cash flow. Total monthly income runs $5,610/mo, and a $1,310/mo payment keeps the spread at $3,834/mo. Purchase price stands at $267,700, and rental yield measures 25.15% with $5,610/mo rent. Return on cash invested shows 71.75% in year one, and 5% annual appreciation builds toward $73,961 over five years. Five-year ROI reaches 381.43% and total cumulative return in cash records $338,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,610/mo property income covering a $1,310/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34113, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,176 (100%) |
| Owner Occupied HU | 8,358 (46.0%) |
| Renter Occupied HU | 3,244 (17.8%) |
| Vacant Housing Units | 6,574 (36.2%) |
| Median Home Value | $613,166 |
| Average Home Value | $783,586 |
Housing Distribution
Address Breakdown
Residential
16,259
Single Family
10,189
Multi-Family
6,070
Businesses
365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices