1205 Mariposa Ave APT 413Coral GablesFL33146
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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 Coral Gables at 1205 Mariposa Ave APT 413, Coral Gables, FL, 33146 generates $2,430/mo in rent and, after a $1,713/mo payment, leaves $107/mo in cash flow. Total monthly income is $2,430/mo, and annual cash flow is $1,289/yr on $116,025 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 8.33% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash sums $126,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,430/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33146, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,376 (100%) |
| Owner Occupied HU | 3,146 (42.7%) |
| Renter Occupied HU | 3,049 (41.3%) |
| Vacant Housing Units | 1,181 (16.0%) |
| Median Home Value | $1,190,705 |
| Average Home Value | $1,335,108 |
Housing Distribution
Address Breakdown
Residential
6,092
Single Family
3,590
Multi-Family
2,502
Businesses
813
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Listed by: Marie Sanjurjo • Blue Mar R.E. Group
Mls Name: MIAMI
Mls ID: #A11939260