Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 K3, Marco Island, FL, 34145 at $400,000 posts ROI 18.02% with from $3,213/mo rent. Total monthly income equals $3,213/mo. Return on cash invested measures 18.02% and rental yield reads 9.64% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 95.83% and total cumulative return in cash totals $127,072. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
N/A lot
$N/A/sqft
$9,204 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 |
|---|---|---|
| 2024-09-26 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2440.37 | 11.74% | $215,784 | 10.00% |
| 2022-02-14 | $2183.98 | 13.18% | $196,167 | 10.00% |
| 2021-02-14 | $1929.60 | 10.37% | $178,334 | 9.78% |
Listed by: Tammi Vance • Re/Max Affinity Plus
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224077006
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.
