








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 D5, Marco Island, FL, 34145 generates $2,881/mo in rent and, after a $1,517/mo payment, leaves $29/mo in cash flow. Total monthly income is $2,881/mo, and annual cash flow is $346/yr on $102,765 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 11.15% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 108.59% and total cumulative return in cash sums $111,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,881/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$9,543 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 |
|---|---|---|
| 2025-01-10 | Listed for sale | $310,000 |
| 2018-05-02 | Sold | $170,000 |
| 2018-01-25 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2371.46 | 14.15% | $191,664 | 10.00% |
| 2022-02-14 | $2077.58 | 21.22% | $174,240 | 10.00% |
| 2021-02-14 | $1713.92 | 7.21% | $158,400 | 6.64% |



Listed by: Aimee Minda • Keller Williams Marco Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225004012
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.