980 7th Ave S APT 206NaplesFL34102
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 980 7th Ave S APT 206, Naples, FL, 34102 offers a 9.68% rental yield on a $528,000 purchase with $4,260/mo rent. Total monthly income registers $4,260/mo, and a $2,584/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,477/yr on $173,712 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $3,407/yr while 5% annual appreciation supports $145,877 over five years. Portfolio math shows five-year ROI at 110.37% and total cumulative return in cash at $191,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,260/mo property income against a $2,584/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$7,600 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Caraballo • Gulf Coast International Prop
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225031829
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.