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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Coral Gables at 888 S Douglas Rd APT 1006, Coral Gables, FL, 33134 generates $2,390/mo in rent, after a $1,921/mo payment. Total monthly income is $2,390/mo. Return on cash invested sits at 6.42% in year one, and rental yield is 7.31% on a $392,500 entry. Equity gained on principal adds $2,533/yr, while 5% annual appreciation builds toward $108,441 over five years. Five-year ROI reaches 35.29% and total cumulative return in cash sums $45,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,390/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,130 monthly HOA
Neighborhood data shown for ZIP Code: 33134, Miami, FL area.
| 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 |
Residential
17,137
Single Family
9,559
Multi-Family
7,578
Businesses
3,040
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $392,500 |
| 2024-12-16 | Listing removed | $395,000 |
| 2024-07-08 | Price change | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $4904.92 | 13.03% | $247,324 | 10.00% |
| 2022-02-13 | $4339.32 | 10.81% | $224,840 | 10.00% |
| 2021-02-13 | $3915.90 | -0.26% | $204,400 | 0.01% |
Listed by: Edison Goncalves • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11721512
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.
