4100 Salzedo St APT 601Coral GablesFL33146
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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 4100 Salzedo St APT 601, Coral Gables, FL, 33146 listed at $599,000 pairs $4,692/mo rent with a $2,932/mo payment to leave $717/mo cash flow. Total monthly income runs $4,692/mo, and annual cash flow reaches $8,601/yr on $197,071 cash to close. Return on cash invested measures 24.42% in year one, and rental yield registers 9.4% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 127.61% and total cumulative return in cash totals $251,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,692/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33146, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,376 (100%) |
| Owner Occupied HU | 3,146 (42.7%) |
| Renter Occupied HU | 3,049 (41.3%) |
| Vacant Housing Units | 1,181 (16.0%) |
| Median Home Value | $1,190,705 |
| Average Home Value | $1,335,108 |
Housing Distribution
Address Breakdown
Residential
6,092
Single Family
3,590
Multi-Family
2,502
Businesses
813
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Listed by: Charles Celesia • Compass Florida, LLC.
Mls Name: MIAMI
Mls ID: #A11848545