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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% |
Investment property for sale in Marco Island at 240 Seaview Ct APT 414, Marco Island, FL, 34145 listed at $425,000 pairs $3,010/mo rent with a $2,080/mo payment. Total monthly income runs $3,010/mo. Return on cash invested measures 16.63% in year one, and rental yield registers 8.5% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 87.6% and total cumulative return in cash totals $123,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,010/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A lot
$N/A/sqft
$6,900 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 |
|---|---|---|
| 2024-12-26 | Listed for sale | $425,000 |
| 2024-07-03 | Listing removed | N/A |
| 2024-04-02 | Price change | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2899.36 | 2.13% | $279,000 | 10.00% |
| 2022-12-26 | $2838.79 | 13.78% | $253,636 | 10.00% |
| 2021-12-26 | $2494.90 | 5.09% | $230,578 | 4.53% |
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Listed by: Kristina Lambros • Keller Williams Marco Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224101094
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 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.
