5470 16th Pl SW APT 108NaplesFL34116
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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 5470 16th Pl SW APT 108, Naples, FL, 34116 uses $90,831 cash to close to unlock $2,409/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,341/mo payment keeps the spread at $201/mo. Purchase price stands at $274,000, and rental yield measures 10.48% with $2,392/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash records $108,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,341/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$4,476 annually 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
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Listed by: NANCY Brown • Starlink Realty, Inc
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225012012
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.