380 Seaview Ct APT 1703Marco IslandFL34145
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Marco Island at 380 Seaview Ct APT 1703, Marco Island, FL, 34145 offers a 11.53% rental yield on a $999,230 purchase with $9,600/mo rent. Total monthly income registers $9,600/mo, and a $4,891/mo payment leaves $2,969/mo available for distribution. Annual cash flow reaches $35,624/yr on $328,747 to close, and return on cash invested stands at 30.9% in year one. Equity gained on principal adds $6,448/yr while 5% annual appreciation supports $276,069 over five years. Portfolio math shows five-year ROI at 162.32% and total cumulative return in cash at $533,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,600/mo property income against a $4,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34145, Marco Island, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,426
Single Family
8,455
Multi-Family
7,971
Businesses
637
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Listed by: Krystal Bernhardt • Premiere Plus Realty Company
Mls Name: Marco Multi List
Mls ID: #2252485