121 S Bahama AveMarco 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 121 S Bahama Ave, Marco Island, FL, 34145 offers $3,926/mo rent that, after a $4,400/mo payment. Total monthly income is $3,926/mo. Return on cash invested measures 11.78% in year one, and rental yield stands at 5.24% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 59.84% and total cumulative return in cash reaches $176,986. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,926/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
8,712 sqft 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: Jennifer Drake • RE/MAX Alliance Group
Mls Name: Marco Multi List
Mls ID: #2251970