29 Santillane Ave APT 7Coral GablesFL33134
INVESTMENT ANALYSIS
Investment Verdict
Solid Income29 Santillane Ave APT 7, Coral Gables, FL, 33134 in Coral Gables carries a 1.69 coverage ratio, rent of $3,576/mo is 1.69 times the $2,113/mo payment. Rental yield 9.13%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $470,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $129,852; total projected cumulative return: $208,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.5% |
| Monthly Cash Flow | $(163) | $300 |
City averages based on Coral Gables market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,576 |
| Total Monthly Debt Service | $2,932 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1991
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1991
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yusneyvis Rodriguez • BY & D Real Estate Corporation
Mls Name: MIAMI
Mls ID: #A11750676