620 6th St NENaplesFL34120
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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 620 6th St NE, Naples, FL, 34120 earns from $3,767/mo rent with a $2,838/mo payment. Total monthly income totals $3,767/mo. ROI tracks 19.55% on current figures, and rental yield reads 7.8% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 101.5% and total cumulative return in cash sums $193,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,767/mo property income instead of your personal income.
Single Family
Built in 1998
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
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Listed by: Arianna Jorrin • Realty One Group MVP
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224093191
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.