Residence 502 Plan, The Lincoln Coconut GroveMiamiFL33133
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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 Miami at Residence 502 Plan, The Lincoln Coconut Grove, Miami, FL, 33133 with 5% annual appreciation on a $1,880,000 basis while $2,910/mo rent supports operations. 52% in year one. Equity gained on principal adds $12,131/yr, and five-year appreciation sums $519,409 alongside rental yield of 1.86%. Five-year ROI measures 4.75% and total cumulative return in cash totals $28,932. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,910/mo property income versus a $9,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
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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