1120 Ridge STNaplesFL34103
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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 1120 Ridge ST, Naples, FL, 34103 earns from $3,549/mo rent with a $3,668/mo payment. Total monthly income totals $3,549/mo. ROI tracks 13.13% on current figures, and rental yield reads 5.68% at a $749,500 purchase. Equity gained on principal adds $4,836/yr, and 5% annual appreciation supports $207,073 over five years. Five-year ROI reaches 67.04% and total cumulative return in cash sums $165,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,549/mo property income instead of your personal income.
Single Family
Built in 1972
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34103, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,255 (100%) |
| Owner Occupied HU | 5,109 (49.8%) |
| Renter Occupied HU | 908 ( 8.9%) |
| Vacant Housing Units | 4,238 (41.3%) |
| Median Home Value | $1,137,868 |
| Average Home Value | $1,286,603 |
Housing Distribution
Address Breakdown
Residential
9,610
Single Family
3,911
Multi-Family
5,699
Businesses
872
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