507 Bird RdCoral GablesFL33146
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 507 Bird Rd, Coral Gables, FL, 33146 in Coral Gables speaks for itself: 11.03% gross on a $1,825,000 price, generating $16,770/mo in rent and $4,659/mo in net income after the $8,206/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $55,908 stacks alongside $504,214 in projected five-year appreciation and $16,808/yr in principal reduction. Projected total cumulative return: $995,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.5% |
| Monthly Cash Flow | $4,659 | $300 |
City averages based on Coral Gables market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $16,770 |
| Total Monthly Debt Service | $11,385 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1996
7,710 sqft 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
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 1996
7,710 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices