980 Cape Marco Dr UNIT 706Marco 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 980 Cape Marco Dr UNIT 706, Marco Island, FL, 34145 earns from $6,097/mo rent with a $9,784/mo payment. Total monthly income totals $6,097/mo. ROI tracks 7.09% on current figures, and rental yield reads 3.66% at a $1,999,000 purchase. Equity gained on principal adds $12,899/yr, and 5% annual appreciation supports $552,287 over five years. Five-year ROI reaches 34.59% and total cumulative return in cash sums $224,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,097/mo property income instead of your personal income.
Condo
Built in 1996
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: Jean Reist • Realty One Group MVP
Mls Name: Marco Multi List
Mls ID: #2251889