880 Huron Ct #1-401Marco 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
Rental property for sale in Marco Island at 880 Huron Ct #1-401, Marco Island, FL, 34145 generates $9,600/mo in rent and, after a $5,824/mo payment, leaves $611/mo in cash flow. Total monthly income is $9,600/mo, and annual cash flow is $7,337/yr on $385,560 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 9.68% on a $1,190,000 entry. Equity gained on principal adds $7,679/yr, while 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash sums $452,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,600/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$13,104 annually 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: Wendy McCarty • Keller Williams Marco Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224096210
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.