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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% |
Rental property for sale in Marco Island at 87 N Collier Blvd APT K7, Marco Island, FL, 34145 priced at $315,000 converts $2,260/mo rent into $169/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,260/mo, and annual cash flow totals $2,032/yr on $104,423 invested. Return on cash invested prints 21.86% in year one, and rental yield reads 8.61% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 113.89% and total cumulative return in cash sums $118,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,260/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Joseph Bartos • Premiere Plus Realty Company
Mls Name: Marco Multi List
Mls ID: #2251977
