2020 16th Ave SWNaplesFL34117
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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 2020 16th Ave SW, Naples, FL, 34117 uses $220,101 cash to close to unlock $10,606/yr annual cash flow and $884/mo monthly cash flow. Total monthly income runs $5,323/mo, and a $3,274/mo payment keeps the spread at $884/mo. Purchase price stands at $669,000, and rental yield measures 9.55% with $5,323/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 130.04% and total cumulative return in cash records $286,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,323/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 2001
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
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