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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 87 N Collier Blvd APT E8, Marco Island, FL, 34145 listed at $419,900 pairs $4,340/mo rent with a $2,055/mo payment to leave $786/mo cash flow. Total monthly income runs $4,340/mo, and annual cash flow reaches $9,436/yr on $139,197 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 12.4% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 142.19% and total cumulative return in cash totals $197,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,340/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$9,208 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 |
|---|---|---|
| 2024-12-12 | Price change | $419,900 |
| 2024-01-30 | Listing removed | N/A |
| 2024-01-27 | Listed for rent | $4,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2440.37 | 11.74% | $215,784 | 10.00% |
| 2022-12-26 | $2183.98 | 13.18% | $196,167 | 10.00% |
| 2021-12-26 | $1929.60 | 10.37% | $178,334 | 9.78% |
Listed by: Nicole Cascone • Blue Gulf Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224100998
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.
