5406 16th Pl SW #E-4NaplesFL34116
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Naples rentals match the income profile of 5406 16th Pl SW #E-4, Naples, FL, 34116. Listed at $196,000, gross rent is $2,386/mo and net cash flow is $1,085/mo, a 14.61% yield well above national averages. DSCR 2.71 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $54,151 by year five with $1,805/yr in annual principal reduction, projecting $144,581 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 5.1% |
| Monthly Cash Flow | $1,085 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,386 |
| Total Monthly Debt Service | $1,223 |
| DSCR Ratio | 1.95x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34116, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,040 (52.6%) |
| Renter Occupied HU | 4,455 (38.8%) |
| Vacant Housing Units | 992 ( 8.6%) |
| Median Home Value | $445,521 |
| Average Home Value | $547,532 |
Housing Distribution
Address Breakdown
Residential
10,323
Single Family
8,497
Multi-Family
1,826
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34116, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,040 (52.6%) |
| Renter Occupied HU | 4,455 (38.8%) |
| Vacant Housing Units | 992 ( 8.6%) |
| Median Home Value | $445,521 |
| Average Home Value | $547,532 |
Housing Distribution
Address Breakdown
Residential
10,323
Single Family
8,497
Multi-Family
1,826
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
