119 Menores Ave APT 11Coral GablesFL33134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coral Gables at 119 Menores Ave APT 11, Coral Gables, FL, 33134 uses $67,958 cash to close to unlock $5,940/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,003/mo payment keeps the spread at $495/mo. Purchase price stands at $205,000, and rental yield measures 10.86% with $1,855/mo rent. Return on cash invested shows 28.65% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 150.3% and total cumulative return in cash records $102,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33134, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 8,959 (49.4%) |
| Renter Occupied HU | 7,691 (42.4%) |
| Vacant Housing Units | 1,491 ( 8.2%) |
| Median Home Value | $749,035 |
| Average Home Value | $892,563 |
Housing Distribution
Address Breakdown
Residential
17,137
Single Family
9,559
Multi-Family
7,578
Businesses
3,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisa Stevenazzi • Investors 1 Realty, Inc.
Mls Name: MIAMI
Mls ID: #A11885100