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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 240 N Collier Blvd APT D2, Marco Island, FL, 34145 generates $2,359/mo in rent, after a $1,517/mo payment. Total monthly income is $2,359/mo. Return on cash invested sits at -4.57% in year one, and rental yield is 9.13% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,359/mo property income rather than buyer’s personal income.
Condo
Built in 1969
495 sqft lot
$N/A/sqft
$2,398 monthly 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $310,000 |
| 1998-06-23 | Sold | $56,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1760.61 | -6.93% | $175,529 | 10.00% |
| 2023-04-01 | $1891.79 | 13.69% | $159,572 | 10.00% |
| 2022-04-01 | $1663.94 | 16.53% | $145,065 | 10.00% |
Listed by: Amy Logel • EDGERTON REALTY & DEVELOPMENT,LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6141631
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
