890 S Collier Blvd UNIT 103Marco 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
Investment property for sale in Marco Island at 890 S Collier Blvd UNIT 103, Marco Island, FL, 34145 uses $305,575 cash to close to unlock $41,236/yr annual cash flow and $3,436/mo monthly cash flow. Total monthly income runs $9,600/mo, and a $4,546/mo payment keeps the spread at $3,436/mo. Purchase price stands at $928,800, and rental yield measures 12.4% with $9,600/mo rent. Return on cash invested shows 33.55% in year one, and 5% annual appreciation builds toward $256,610 over five years. Five-year ROI reaches 176.58% and total cumulative return in cash records $539,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,600/mo property income covering a $4,546/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No 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: Gunilla Rubino • Coldwell Banker Realty - Naples 5th
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2242141
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Marco Island Area Association of Realtors. All rights reserved.