357 Almeria Ave APT 906Coral 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 357 Almeria Ave APT 906, Coral Gables, FL, 33134 generates $3,886/mo in rent and, after a $2,770/mo payment, leaves $130/mo in cash flow. Total monthly income is $3,886/mo, and annual cash flow is $1,563/yr on $186,214 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 8.24% on a $566,000 entry. Equity gained on principal adds $3,652/yr, while 5% annual appreciation builds toward $156,375 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash sums $202,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,886/mo property income rather than buyer’s personal income.
Condo
Built in 2003
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
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Listed by: Rafael Rodriguez Jr. • BHHS EWM Realty
Mls Name: MIAMI
Mls ID: #A11903352