407 Navarre AveCoral GablesFL33134
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 407 Navarre Ave, Coral Gables, FL, 33134 in Coral Gables. Rental yield 4.6%. At $1,470,000 with 4.6% gross yield, current distributions are modest, but the 5% appreciation rate projects $406,134 in new equity by year five, complemented by $13,539/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.85) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $295,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 5.5% |
| Monthly Cash Flow | $(4,120) | $300 |
City averages based on Coral Gables market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,635 |
| Total Monthly Debt Service | $9,170 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1925
5,650 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
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
Single Family
Built in 1925
5,650 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrian Barzola • London Foster Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11694155
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.