1422 Milan AveCoral GablesFL33134
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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 1422 Milan Ave, Coral Gables, FL, 33134 earns from $5,012/mo rent with a $5,873/mo payment. Total monthly income totals $5,012/mo. ROI tracks 11.26% on current figures, and rental yield reads 5.01% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 56.97% and total cumulative return in cash sums $221,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,012/mo property income instead of your personal income.
Single Family
Built in 1953
7,875 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Listing removed | $4,500 |
| 2025-09-24 | Price change | $4,500 |
| 2025-09-08 | Price change | $5,250 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $3858.65 | 1.43% | $282,701 | 3.00% |
| 2023-11-01 | $3804.43 | 6.32% | $274,467 | 3.00% |
| 2022-11-01 | $3578.20 | 0.75% | $266,473 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1953
- Architectural Style: N/A
- Building Area: 1,862
- Living Area: 1,440 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Other
- Interior Features: Other
- Exterior Features: Other
- Parking Features: Other
Location
- City: Coral Gables
- State: FL
- Subdivision: Coral Gables Granada Sec
- Lot Size: 7,875 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Other
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Other
- Water Source: Other
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Oscar Arellano Jr. • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11821988
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.