1280 S Alhambra Cir APT 1217Coral 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 1280 S Alhambra Cir APT 1217, Coral Gables, FL, 33146 offers a 12.72% rental yield on a $380,000 purchase with $4,027/mo rent. Total monthly income registers $4,027/mo, and a $1,860/mo payment leaves $1,211/mo available for distribution. Annual cash flow reaches $14,536/yr on $125,970 to close, and return on cash invested stands at 31.45% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 166.34% and total cumulative return in cash at $209,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,027/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$259 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: Mate Granic • Keller Williams Realty International Lifestyles
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11652163
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.