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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marco Island at 190 N Collier Blvd APT I2, Marco Island, FL, 34145 priced at $297,000 converts $2,362/mo rent into $391/mo cash flow after a $1,454/mo obligation. Total monthly income equals $2,362/mo, and annual cash flow totals $4,689/yr on $98,456 invested. Return on cash invested prints 24.67% in year one, and rental yield reads 9.54% against a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,056 by year five. Five-year ROI reaches 128.97% and total cumulative return in cash sums $126,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,362/mo property income covering a $1,454/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34145, Marco Island, FL area.
| 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 |
Residential
16,426
Single Family
8,455
Multi-Family
7,971
Businesses
637
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Price change | $297,000 |
| 2024-12-11 | Price change | $309,000 |
| 2024-10-15 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1891.79 | 13.69% | $159,572 | 10.00% |
| 2022-02-14 | $1663.94 | 16.53% | $145,065 | 10.00% |
| 2021-02-14 | $1427.93 | 10.67% | $131,877 | 10.00% |
No similar price properties found nearby.
Listed by: Edison Lika • Sun Realty
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2242039
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Marco Island Area Association of Realtors. All rights reserved.
