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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Coral Gables at 1280 S Alhambra Cir APT 2117, Coral Gables, FL, 33146 offers a 11.22% rental yield on a $439,000 purchase with $4,105/mo rent. Total monthly income registers $4,105/mo, and a $2,149/mo payment leaves $1,191/mo available for distribution. Annual cash flow reaches $14,297/yr on $145,529 to close, and return on cash invested stands at 29.73% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 156.12% and total cumulative return in cash at $227,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,105/mo property income against a $2,149/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
No HOA
Neighborhood data shown for ZIP Code: 33146, Miami, FL area.
| 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 |
Residential
6,092
Single Family
3,590
Multi-Family
2,502
Businesses
813
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lorraine Milan • RE/MAX Advance Realty
Mls Name: MIAMI
Mls ID: #A11886275
