Real Estate Investing in Naples, Florida (34119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34119 (Naples, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.9% of homes vacant — above national norms.
What’s happening in Naples, FL (34119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 34119 Naples
The 34119 ZIP covers a section of Naples that demands careful diligence. Prices near $650K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 34119 can be a a viable market for hunting ground — but the discount at $650K reflects genuine risk that outside investors often underestimate.
In the broader FL picture, 34119 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 34119 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Naples's stable or hybrid ZIPs before stepping into 34119. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Naples:
Property Strategy for 34119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $400,498 | $2,120 | 3.8% | +8.8% | $200,249 |
| 3BR | $622,691 | $2,760 | 3.2% | +9.7% | $207,564 |
| 4BR | $1,047,479 | $3,000 | 2.1% | +11.0% | $261,870 |
| 5BR | $1,241,273 | — | — | +10.8% | $248,255 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 34119 Compare?
| Metric | 34119 | Naples | Naples-Marco Island, FL | Florida |
|---|---|---|---|---|
| Home Value | $649,849 | $595,849 | N/A | $374,697 |
| 5-Year CAGR | 5.4% | 5.0% | N/A | 7.4% |
| Avg Rent | $2,804 | $3,517 | N/A | - |
| Cap Rate | 3.4% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 34119 (Naples, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $649,849 |
| Monthly Rent | $2,804 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +7.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 34119
Population: 35,914
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 34119
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,584 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Naples, FL?
Homes in Naples, FL typically sell near $650K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What kind of tenants rent in Naples, FL?
Naples, FL draws a measured base of working renters. Demand at the $2,804/mo rent level is reasonable for standard single-family and small multi rentals.
Can I live-in-and-rent in Naples, FL?
For house hackers, Naples, FL is a challenging. The $2,804/mo rent on a unit helps defray the mortgage on a $650K property.
How much is rent in Naples, FL?
Rent in Naples, FL is around $2,804/mo. The resulting rent-to-value relationship with $650K pricing is reasonable for most investor models.
What is the typical vacancy rate in Naples, FL?
Naples, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
You know 34119 now. You don’t know where it ranks.
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How 34119 ranks in Naples-Marco Island, FL
Every ZIP in this metro, ranked. Free.
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