39 Palermo 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 39 Palermo Ave, Coral Gables, FL, 33134 with 5% annual appreciation on a $1,100,000 basis while $9,071/mo rent supports operations. Total monthly income totals $9,071/mo and a $5,384/mo payment preserves $1,069/mo for cash returns. Annual cash flow comes to $12,828/yr on $356,400 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 9.9%. Five-year ROI measures 125.97% and total cumulative return in cash totals $448,939.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,071/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
7,500 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: Sandra Valente • Avanti Way Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11403494
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.