71 Enchanting Blvd Unit E71 · Naples, FL 34112

$144,900

2 bd · 2.0 ba · 960 sqft · Manufactured · 360 Days on market

Built 1973 Good condition ↓ 7% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +4.0/5.0
• Condition / age +3.8/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Move-in-ready turnkey property with renovated kitchen and baths, includes in-home laundry. New home recently completed next door. Imagine being moments away from Downtown Naples, Beaches, Dining, Shopping, Entertainment, and all that Naples offers! Imagine hosting your family and friends in this spacious, open-floor-plan home, along with ample lanai space. This is a very well-maintained home with updated electrical and circuits, repiped PVC plumbing, a recently replaced hot water tank, and new subfloors with 2” spray foam waterproof insulation. The professionally maintained 3-ton A/C will keep you cool as a cucumber. Relax in this 2018 under roof screened lanai while sipping your favo

Key facts

• Updated electrical
• Renovated baths
• In-home laundry

Tags

• RENOVATED KITCHEN
• RENOVATED BATHS
• IN-HOME LAUNDRY
• OPEN-FLOOR-PLAN
• AMPLE LANAI SPACE
• UPDATED ELECTRICAL

Property features AI

Finance

• Other: Part of a 169-unit community; Single unit in building; one floor
• HOA & community: Mandatory HOA; Community type: Mobile/Manufactured; On-site management; HOA maintains lawn/landscaping, exterior pest control, sewer, trash removal and water; Community amenities: clubhouse, community pool, community spa/hot tub, billiards, bocce court, shuffleboard, library; Annual HOA fees: $3,936; One-time HOA fees: $100

Exterior

• Parking: Covered parking; Paved driveway; Attached 1-car carport
• Security: Smoke detectors
• Utilities: Central water; Central sewer; Cable available; Electric service for heat and cooling
• Home design: Manufactured residential home; 1 story / ranch; Rear exposure faces south; Built in 1973; Part of Enchanting Acres Mobile Home community
• Construction: Manufactured construction; Vinyl siding exterior; Built-up or flat roof
• Exterior features: Screened lanai/porch; Extra building; Storage; Landscaped view

Interior

• Kitchen: Pantry; Dishwasher; Disposal; Microwave; Range; Self-cleaning oven; Refrigerator/ice maker
• Bedrooms: 2 bedrooms; Primary bedroom on the first floor
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; Primary bath with shower (no tub)
• Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans; Humidistat
• Interior features: Built-in cabinets; Cable prewire; Cathedral ceilings; High-speed internet available; Pantry; Smoke detectors; Volume ceilings; Window coverings; Turnkey furnished; Dining area in living room; Screened lanai/porch; Workshop; Extra outbuilding/storage
• Laundry & utility: Laundry in residence; Washer and dryer included; Washer/dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $145k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $218 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#126 in FL, #1,903 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute D+, cost of living F.
• Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-1.7%/yr); 771 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
• This rent runs 36% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 360 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 360 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.44% ✓
• Cap rate: 11.63%
• Cash-on-cash: 19.07%
• DSCR: 1.85
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.9%
• Equity multiple: 0.62×
• Total profit: $-15,392
• Equity at exit: $21,605

10-year hold

• IRR: -8.7%
• Equity multiple: 0.56×
• Total profit: $-17,911
• Equity at exit: $12,528

Cash invested: $40,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34112

• Rents YoY: -1.7%
• Active inventory: 771
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,084 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,174/yr
• Insurance: −$60
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $218

Break-even live

Break-even rent $1,807

Max offer price $144,900

Occupancy floor 85%

Sensitivity live

Price	-10% $318	-5% $268	+0% $218	+5% $168	+10% $118
Rent	-10% $54	-5% $136	+0% $218	+5% $301	+10% $383
Rate	-1.0pp $291	-0.5pp $255	base $218	+0.5pp $181	+1.0pp $143

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3806 Guilford Rd Unit 4 Naples, FL	2.0	2.0	1100	$1,750	$1.59	24d	1	0.30mi
3350 Putney Ct Naples, FL	1.0–3.0	1.0–2.0	1038	$2,986	$2.88	14d	26	0.49mi
149 Palm Dr Unit 8617 Naples, FL	2.0	2.0	981	$2,000	$2.04	14d	1	0.50mi
4455 Botanical Place Cir Unit 5-104 Naples, FL	2.0	2.0	915	$1,795	$1.96	24d	1	0.51mi
4450 Botanical Place Cir Unit 6 Naples, FL	2.0	2.0	915	$1,895	$2.07	21d	1	0.53mi
3005 Gordon St Naples, FL	3.0	2.0	967	$2,275	$2.35	14d	1	0.55mi
3005 Gordon St Naples, FL	3.0	2.0	967	$2,275	$2.35	24d	1	0.55mi
2840 Shoreview Dr Unit 7 Naples, FL	2.0	1.0	800	$2,000	$2.50	24d	1	0.59mi
131 Teryl Rd Unit C3 Naples, FL	2.0	2.0	1080	$3,495	$3.24	24d	1	0.60mi
131 Teryl Rd Unit 3UNIT 3 Naples, FL	2.0	2.0	1080	$1,750	$1.62	14d	1	0.60mi
2685 Van Buren Ave Naples, FL	2.0	2.0	865	$2,450	$2.83	24d	1	0.61mi
3619 Poplar Way Unit B Naples, FL	2.0	2.0	1045	$2,300	$2.20	24d	1	0.61mi
159 Teryl Rd #2 Naples, FL	2.0	2.0	1080	$5,200	$4.81	14d	1	0.62mi
200 Palm Dr #7 Naples, FL	2.0	2.0	1010	$1,600	$1.58	14d	1	0.64mi
3561 Thomasson Dr Naples, FL	2.0	2.0	1085	$8,000	$7.37	24d	1	0.66mi
4719 Alladin Ln Naples, FL	1.0–2.0	1.0–2.0	671	$1,895	$2.82	24d	2	0.66mi
4607 Bayshore Dr Unit K7 Naples, FL	2.0	2.0	886	$1,650	$1.86	24d	1	0.67mi
4621 Bayshore Dr Naples, FL	2.0	2.0	886	$1,675	$1.89	24d	2	0.67mi
216 Palm Dr #5 Naples, FL	2.0	2.0	1010	$4,500	$4.46	14d	1	0.68mi
4611 Bayshore Dr Unit O8 Naples, FL	2.0	2.0	886	$1,650	$1.86	14d	1	0.68mi
3655 Boca Ciega Dr #202 Naples, FL	2.0	2.0	966	$1,800	$1.86	24d	1	0.69mi
4629 Bayshore Dr Unit J7 Naples, FL	2.0	2.0	886	$1,600	$1.81	24d	1	0.70mi
4603 Bayshore Dr Unit F8 Naples, FL	2.0	2.0	886	$2,550	$2.88	24d	1	0.70mi
4617 Bayshore Dr Unit H5 Naples, FL	2.0	2.0	886	$1,700	$1.92	24d	1	0.70mi
232 Palm Dr Unit 47-5 Naples, FL	2.0	2.0	1010	$2,500	$2.48	24d	1	0.71mi
4635 Bayshore Dr Unit P7 Naples, FL	2.0	2.0	886	$1,600	$1.81	14d	1	0.72mi
4615 Bayshore Dr Unit E8 Naples, FL	2.0	2.0	886	$1,600	$1.81	14d	1	0.72mi
240 Palm Dr Unit 48-1 Naples, FL	2.0	2.0	1100	$1,800	$1.64	24d	1	0.73mi
4625 Bayshore Dr Unit D16 Naples, FL	2.0	2.0	885	$1,785	$2.02	24d	1	0.74mi
3625 Boca Ciega Dr Naples, FL	2.0	2.0	930	$2,400	$2.58	24d	2	0.77mi
256 Palm Dr #6 Naples, FL	2.0	2.0	1010	$4,500	$4.46	14d	1	0.77mi
2093 Pine Isle Ln #2093 Naples, FL	2.0	2.0	927	$1,695	$1.83	24d	1	0.85mi
4290 Gulfstream Dr #5 Naples, FL	2.0	2.0	956	$1,600	$1.67	24d	1	0.87mi
4300 Gulfstream Dr Unit 2D Naples, FL	2.0	2.0	1115	$1,295	$1.16	24d	1	0.89mi
3190 Karen Dr Naples, FL	3.0	2.0	840	$1,900	$2.26	24d	1	0.90mi
4953 Bayshore Dr Naples, FL	2.0	1.0	886	$2,950	$3.33	14d	1	0.91mi
2155 Great Blue Dr Naples, FL	1.0–3.0	1.0–2.0	895	$1,910	$2.13	14d	43	0.95mi
2347 Bayside St Apt B Naples, FL	2.0	1.0	864	$1,595	$1.85	14d	1	0.96mi
2455 Thomasson Dr Unit B Naples, FL	2.0	2.0	958	$1,695	$1.77	24d	1	1.00mi
2445 Thomasson Dr Unit D Naples, FL	2.0	2.0	958	$1,895	$1.98	24d	1	1.02mi

Listing history 10 events

1. 2026-06-18
   days on market $144,900 Active 360 DOM
2. 2026-06-17
   days on market $144,900 Active 359 DOM
3. 2026-06-16
   days on market $144,900 Active 358 DOM
4. 2026-06-15
   days on market $144,900 Active 357 DOM
5. 2026-06-10
   days on market $144,900 Active 352 DOM
6. 2026-06-09
   days on market $144,900 Active 351 DOM
7. 2026-06-08
   days on market $144,900 Active 350 DOM
8. 2026-06-07
   days on market $144,900 Active 349 DOM
9. 2026-06-03
   remarks 693-char remark
10. 2026-06-03
    listed $144,900 Active 344 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,005
• − Mortgage interest: −$8,117
• − Property taxes: −$2,174
• − Insurance: −$5,843
• − Repairs & maintenance: −$2,000
• − Management: −$2,000
• − Depreciation: −$4,215
• Taxable income: $656
• Est. tax owed @ 24.0%: −$157
• After-tax cash flow: $2,462/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab

This move-in-ready manufactured home is in good condition with recent updates and a well-maintained exterior. It offers a good investment opportunity with potential for value increase through cosmetic updates.

Value-add opportunities

• Resale Paint the exterior siding — Fresh paint can significantly enhance the curb appeal and resale value.
• Resale Replace any damaged flooring — Damaged flooring can detract from the home's overall condition and value.
• Resale Replace any damaged interior walls or paint — Fresh paint and repairs to damaged walls can improve the home's condition and value.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint the exterior siding — Fresh paint can significantly enhance the curb appeal and resale value. ↑
• Resale Replace any damaged flooring — Damaged flooring can detract from the home's overall condition and value. ↑
• Resale Replace any damaged interior walls or paint — Fresh paint and repairs to damaged walls can improve the home's condition and value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Collier
• NCES district ID: 1200330
• Math proficiency: 60% ▼ -4.00%
• Reading proficiency: 56% ▼ -2.00%
• Median HH income: $58,275
• Composite: 50.23/100
• National rank: #1892
• State rank: #16 of 73 in FL

Livability — Naples

• Score: 80/100
• State rank: #126
• US rank: #1903

Category grades

Amenities A+ Commute D+ Cost of living F Crime A+ Employment A+ Housing C+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Collier County · 396,295 people
• City population: 344,941
• Metro: Naples-Marco Island, FL
• Population (ZIP): 27,193
• Household income: $69,842
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 980.0

Population outlook (Collier County) Hauer SSP2

• Today (2025): 420,858 people
• By 2030: 450,054 · +6.9%
• By 2040: 502,232 · +19.3%
• By 2050: 544,932 · +29.5%
• By 2075: 627,203 · +49.0%
• By 2100: 659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 18% Two or more races 9% Black 6% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 2% Cuban 4% Dominican 1%
• Common ancestry: Hispanic 4% Romanian 3% Portuguese 2%
• Foreign-born: 19% · Canada, Jamaica
• Languages at home: 75% English-only · Spanish 17% French/Haitian/Cajun 4% German/W. Germanic 1%

Political lean MEDSL · Collier

• 2024 margin: Solid R (+33.1) · D 33.1% · R 66.2%
• 2008→2024 swing: -10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
• All cycles: 2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -235.10%
• Current HPI: 256.9182
• Rent YoY: ▼ -1.69%
• Metro: Naples-Marco Island, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-6.5% since first listed

2 events — show timeline

• 2026-02-26 Price Changed $144,900 NAPLESMLS
• 2025-06-23 Listed $155,000 NAPLESMLS