90 Edgewater Dr APT 1120Coral GablesFL33133
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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
Rental property for sale in Coral Gables at 90 Edgewater Dr APT 1120, Coral Gables, FL, 33133 generates $2,910/mo in rent and, after a $1,982/mo payment, leaves $223/mo in cash flow. Total monthly income is $2,910/mo, and annual cash flow is $2,671/yr on $134,258 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 8.62% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 114.1% and total cumulative return in cash sums $153,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,910/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33133, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,545 (100%) |
| Owner Occupied HU | 8,321 (47.4%) |
| Renter Occupied HU | 7,285 (41.5%) |
| Vacant Housing Units | 1,939 (11.1%) |
| Median Home Value | $980,058 |
| Average Home Value | $1,186,463 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
9,290
Multi-Family
7,563
Businesses
1,233
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Listed by: Jill Penman • One Sotheby's International Realty
Mls Name: MIAMI
Mls ID: #A11952352