2970 Coconut AveCoconut GroveFL33133
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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 Coconut Grove at 2970 Coconut Ave, Coconut Grove, FL, 33133 projects strong ROI of 29.48%.
With 5% annual appreciation, the property builds $759,774 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 154.67%, translating into $1,378,081 in total cumulative return on $891,000 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33133, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,545 (100%) |
| Owner Occupied HU | 8,321 (47.4%) |
| Renter Occupied HU | 7,285 (41.5%) |
| Vacant Housing Units | 1,939 (11.1%) |
| Median Home Value | $980,058 |
| Average Home Value | $1,186,463 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
9,290
Multi-Family
7,563
Businesses
1,233
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Listed by: Randi Connell • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11576991
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.