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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 N5, Marco Island, FL, 34145 generates $3,068/mo in rent, after a $1,850/mo payment. Total monthly income is $3,068/mo. Return on cash invested sits at 17.26% in year one, and rental yield is 9.74% on a $378,000 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation builds toward $104,434 over five years. Five-year ROI reaches 92.15% and total cumulative return in cash sums $115,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,068/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$10,036 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 |
|---|---|---|
| 2025-01-17 | Price change | $378,000 |
| 2024-12-21 | Listed for sale | $400,000 |
| 2020-12-16 | Sold | $238,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2660.06 | 11.74% | $235,211 | 10.00% |
| 2022-02-14 | $2380.60 | 13.18% | $213,828 | 10.00% |
| 2021-02-14 | $2103.33 | 10.37% | $194,389 | 9.78% |
Listed by: Joe Bartos, PA • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224102937
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.
