222 Romano 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
Rental property for sale in Coral Gables at 222 Romano Ave, Coral Gables, FL, 33134 priced at $950,000 converts $6,833/mo rent into $528/mo cash flow after a $4,650/mo obligation. Total monthly income equals $6,833/mo, and annual cash flow totals $6,341/yr on $312,550 invested. Return on cash invested prints 22.09% in year one, and rental yield reads 8.63% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 115.09% and total cumulative return in cash sums $359,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,833/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 1925
6,000 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Benjamin Moss • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11933047