1239 Mariposa Ave APT 6Coral 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
Investment property for sale in Coral Gables at 1239 Mariposa Ave APT 6, Coral Gables, FL, 33146 uses $160,092 cash to close to unlock $6,516/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $4,684/mo, and a $2,364/mo payment keeps the spread at $543/mo. Purchase price stands at $482,932, and rental yield measures 11.64% with $4,684/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $133,425 over five years. Five-year ROI reaches 127.79% and total cumulative return in cash records $204,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,684/mo property income covering a $2,364/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$750 monthly 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: R. Scott Darden • John U. Darden R.E. Broker
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11859419
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.