700 Biltmore Way #R1Coral 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 700 Biltmore Way #R1, Coral Gables, FL, 33134 with 5% annual appreciation on a $175,000 basis while $1,980/mo rent supports operations. Total monthly income totals $1,980/mo and a $857/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,631/yr on $58,013 deployed, and return on cash invested reaches 24.44% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 13.58%. Five-year ROI measures 132.29% and total cumulative return in cash totals $76,747.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1963
N/A lot
$N/A/sqft
$599 monthly 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: Hector Del Valle Albornoz Rubio • Bruckman Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11542642
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.