480 S Collier Blvd #614Marco 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
Total monthly income runs $3,951/mo, and a $5,262/mo payment. Purchase price stands at $1,075,000, and rental yield measures 4.41% with $3,951/mo rent. Return on cash invested shows 9.4% in year one, and 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 47% and total cumulative return in cash records $163,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,951/mo property income covering a $5,262/mo payment rather than investor’s personal income.
Condo
Built in 2001
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: Tracy Wellen • Premiere Plus Realty Company
Mls Name: Marco Multi List
Mls ID: #2260094