Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 240 N Collier Blvd APT A2, Marco Island, FL, 34145 offers $2,272/mo rent that, after a $1,468/mo payment. Total monthly income is $2,272/mo. Return on cash invested measures 16.07% in year one, and rental yield stands at 9.09% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 85.52% and total cumulative return in cash reaches $85,024. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,272/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$7,195 annually 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 |
|---|---|---|
| 2025-01-04 | Price change | $299,900 |
| 2024-11-12 | Price change | $309,900 |
| 2023-12-15 | Listed for sale | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2358.30 | 41.73% | $250,952 | 72.99% |
| 2022-02-14 | $1663.94 | 16.53% | $145,065 | 10.00% |
| 2021-02-14 | $1427.93 | 10.67% | $131,877 | 10.00% |
Listed by: Michael Ludwig • Keller Williams Marco Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224091316
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.
