1406 Redona WAYNaplesFL34113
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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 1406 Redona WAY, Naples, FL, 34113 with 5% annual appreciation on a $895,000 basis while $3,819/mo rent supports operations. 42% in year one. Equity gained on principal adds $5,775/yr, and five-year appreciation sums $247,272 alongside rental yield of 5.12%. Five-year ROI measures 57.87% and total cumulative return in cash totals $170,402. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,819/mo property income versus a $4,381/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
7,840 sqft 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
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