49 Majorca Ave APT 303Coral 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 49 Majorca Ave APT 303, Coral Gables, FL, 33134 listed at $578,500 pairs $4,726/mo rent with a $2,831/mo payment to leave $887/mo cash flow. Total monthly income runs $4,726/mo, and annual cash flow reaches $10,649/yr on $190,327 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 9.8% at a $578,500 basis. Equity gained on principal adds $3,733/yr, and annual property appreciation at 5% supports $159,829 by year five. Five-year ROI tracks 134.22% and total cumulative return in cash totals $255,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,726/mo property income relative to a $2,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
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: N/A • N/A
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Mls ID: #N/A