134 Leland Way #T-5Marco 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 134 Leland Way #T-5, Marco Island, FL, 34145 priced at $389,000 pairs $2,606/mo rent with $24/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,606/mo, and annual cash flow comes to $294/yr on $128,954 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 8.04% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 104.66% and total cumulative return in cash reaches $134,958. For financing, Ziffy Mortgage’s DSCR program evaluates $2,606/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
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: Michele Rose • RE/MAX Alliance Group
Mls Name: Marco Multi List
Mls ID: #2251861