1200 Edington Pl APT A404Marco IslandFL34145
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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
Rental property for sale in Marco Island at 1200 Edington Pl APT A404, Marco Island, FL, 34145 generates $3,251/mo in rent and, after a $2,251/mo payment, leaves $199/mo in cash flow. Total monthly income is $3,251/mo, and annual cash flow is $2,386/yr on $152,490 invested. Return on cash invested sits at 21.47% in year one, and rental yield is 8.48% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash sums $170,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,251/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34145, Marco Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,445 (100%) |
| Owner Occupied HU | 7,511 (40.7%) |
| Renter Occupied HU | 721 ( 3.9%) |
| Vacant Housing Units | 10,213 (55.4%) |
| Median Home Value | $1,061,611 |
| Average Home Value | $1,235,391 |
Housing Distribution
Address Breakdown
Residential
16,426
Single Family
8,455
Multi-Family
7,971
Businesses
637
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Listed by: Devin Sweazy • Premier Sotheby's International Realty
Mls Name: Marco Multi List
Mls ID: #2251640