6197 Megans Bay DrNaplesFL34113
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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 6197 Megans Bay Dr, Naples, FL, 34113 projects strong ROI of 14.89%. Rental yield 6.4%. With 5% annual appreciation, the property builds $745,960 in value over five years. Equity growth combined delivers a projected five-year ROI of 76.67%, translating into $670,691 in total cumulative return on $874,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2019
9,583 sqft lot
$N/A/sqft
$5,720 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $2,700,000 |
| 2024-08-02 | Listing removed | $2,700,000 |
| 2024-04-23 | Listed for sale | $2,700,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $9749.38 | -2.97% | $985,062 | 3.00% |
| 2022-12-26 | $10048.20 | -1.04% | $956,371 | 3.00% |
| 2021-12-26 | $10153.37 | 2.49% | $928,516 | 5.99% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2019
- Architectural Style: Ranch,Florida
- Building Area: 4,469
- Living Area: 3,033 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Electric
- Cooling: Central Electric
- Flooring: Carpet, Tile
- Interior Features: Bar, Built-In Cabinets, Closet Cabinets, Coffered Ceiling(s), Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s), Window Coverings, Den - Study, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
- Exterior Features: Built In Grill, Outdoor Kitchen
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $5,720 annually
- Association Fee: $5,720 annually
- Fees & Dues: N/A
- Association Amenities: Basketball Court, Bike And Jog Path, Bocce Court, Cabana, Clubhouse, Pool, Community Room, Spa/Hot Tub, Dog Park, Fitness Center, Fishing Pier, Internet Access, Pickleball, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court(s), Underground Utility
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Central
- Road Surface Type: N/A
School Information
- Elementary School: AVALON ELEMENTARY SCHOOL
- Middle School: MANATEE MIDDLE SCHOOL
- High School: LELY HIGH SCHOOL
Listed by: Bruce Miller • William Raveis Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224076290
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.