35655 SW 192nd Ave

Miami, FL 33034 · single_family · Ready To Build · 7 days on market
Asking price$340,990
3 beds 3 baths 1,373 sqft
View on Realtor.com →
Listed by Pineland Crest
Typesingle_family
Built
Price / sqft$248
Est. value (own analysis)$405,818
Rent estimate (own analysis)$2,500/mo
HOANone
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Neighborhood

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Statusready_to_build
Listed date2026-08-27
Removed date
MLSLennar #1373
Coordinates25.43610, -80.50140
Address35655 SW 192nd Ave
CityMiami
StateFL
Zip33034
Listing ID417001024494
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33034)

Typical home value (ZHVI)$382,671
Typical rent (ZORI)$2,436/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$340,990
Down payment (20.0%)$68,198
Loan amount$272,792
Closing costs (5.0%)$17,050
Total cash to close$85,248
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$540$6,479
Insurance (placeholder 0.8% of price)$227$2,728
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$892$10,707
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$10,707

$27,600 − $10,707 = $16,893

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$272,792
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$272,792 amortized at 6.7% over 30 years = $1,753/mo

CapEx reserve (5.0% of GSR)$125$1,500
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$16,893
Annual debt service derived$21,036
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($16,893 − $21,036 − $1,500 − $0) ÷ 12 = -$470

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,893
Purchase price data$340,990

$16,893 ÷ $340,990 = 5.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$5,643
Total cash to close derived$85,248

-$5,643 ÷ $85,248 = -6.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,893
Annual debt service derived$21,036

$16,893 ÷ $21,036 = 0.80

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$340,990

($30,000 ÷ 12) ÷ $340,990 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$340,990
Gross scheduled rent (annual) comp$30,000

$340,990 ÷ $30,000 = 11.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$10,707
Effective gross income derived$27,600

$10,707 ÷ $27,600 = 38.8%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$10,707
Annual debt service derived$21,036
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($10,707 + $21,036 + $0) ÷ $30,000 = 105.8%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,050$2,1502026-08-20
single_family321,099$2,1002026-07-01
single_family331,574$2,5002026-08-23
single_family321,459$2,4502026-07-29
single_family321,053$2,2002026-06-26
single_family321,175$2,6752026-05-26
single_family321,170$2,7002026-08-10
single_family321,200$2,3002026-07-19
single_family331,469$3,0002026-06-18
single_family321,000$1,750
single_family331,642$2,750
single_family331,414$2,400
single_family331,431$2,700
single_family331,376$3,000
single_family321,230$2,500
single_family321,099$2,3002026-07-27
single_family311,196$3,3002026-08-29

879 SW 10th St Unit 0

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,050
Listed2026-08-20
Days on market

Asking rent: $2,150

View on Zillow →

768 SW 9th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,099
Listed2026-07-01
Days on market

Asking rent: $2,100

View on Zillow →

1124 SE 3rd St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,574
Listed2026-08-23
Days on market

Asking rent: $2,500

View on Zillow →

455 NW 14th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,459
Listed2026-07-29
Days on market

Asking rent: $2,450

View on Zillow →

848 SW 10th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,053
Listed2026-06-26
Days on market

Asking rent: $2,200

View on Zillow →

639 SW 3rd Ter

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,175
Listed2026-05-26
Days on market

Asking rent: $2,675

View on Zillow →

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,170
Listed2026-08-10
Days on market

Asking rent: $2,700

View on Zillow →

320 SE 26 Ter Unit Na

Cape Coral, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-07-19
Days on market

Asking rent: $2,300

View on Zillow →

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,469
Listed2026-06-18
Days on market

Asking rent: $3,000

View on Zillow →

1218 NW 8th Pl

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed
Days on market

Asking rent: $1,750

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1427 SE 7th Ter

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,642
Listed
Days on market

Asking rent: $2,750

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17854 SW 358th St

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,414
Listed
Days on market

Asking rent: $2,400

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2514 SE 29 St Unit Altamira

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,431
Listed
Days on market

Asking rent: $2,700

View on Zillow →

117 NE 3rd Ct

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,376
Listed
Days on market

Asking rent: $3,000

View on Zillow →

594 NW 14th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,230
Listed
Days on market

Asking rent: $2,500

View on Zillow →

738 SW 9th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,099
Listed2026-07-27
Days on market

Asking rent: $2,300

View on Zillow →

408 NW 12th St Unit 0

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,196
Listed2026-08-29
Days on market

Asking rent: $3,300

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
990 SW 9th Ctsingle_family321,053$379,9002026-08-12
578 SW 2nd Stsingle_family321,196$444,0002026-08-07
655 SW 4th Tersingle_family312,283$225,0002026-07-02
1616 NW 7th Plsingle_family321,358$389,0002026-05-26
743 NW 7th Avesingle_family311,075$415,0002026-05-20
19555 SW 339th Tersingle_family331,732$512,0002026-05-18
600 NE 5th Tersingle_family321,521$449,5002026-04-16
19225 SW 334th Stsingle_family31880$430,0002026-04-15
18860 SW 354th Tersingle_family321,440$560,0002026-04-07
624 NE 5th Waysingle_family321,521$420,0002026-02-12
432 NW 15th Stsingle_family321,092$320,0002026-02-12
561 NW 10 Ctsingle_family33$303,4752026-02-03
19645 SW 339th Tersingle_family321,749$511,6002025-12-30
34480 SW 191st Avesingle_family33$395,0002025-12-03
854 SW 9th Ctsingle_family321,344$283,0002025-10-15
175 SW 6th Lnsingle_family321,276$300,0002025-10-10
1461 NW 2nd Ctsingle_family31858$255,0002025-10-09
360 SW 3rd Stsingle_family311,300$395,0002025-09-29

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
1431 NE 5th Avenuetownhomes321,448$450,990
35605 SW 180th Avesingle_family321,414$342,990
35817 SW 178th Cttownhomes331,338$393,790
SW 328 St & SW 172nd Avesingle_family321,545$363,990
18917 SW 357 Stcondo_townhome_rowhome_coop331,460$347,090
18927 SW 357 Stcondo_townhome_rowhome_coop331,373$343,590
SW 336 St & SW 194 Avesingle_family321,732$546,990
35605 SW 180th Avesingle_family321,545$351,990

10-year hold projection

IRR6.1%
Equity multiple1.97x
Total return (10yr)$127,163
YearProperty valueNOICash flowLoan balanceEquity
1$351,220$16,893-$5,643$269,834$81,385
2$361,756$17,454-$5,120$266,674$95,083
3$372,609$18,032-$4,580$263,296$109,313
4$383,787$18,629-$4,022$259,686$124,101
5$395,301$19,246-$3,446$255,829$139,472
6$407,160$19,882-$2,851$251,706$155,454
7$419,375$20,539-$2,237$247,300$172,074
8$431,956$21,218-$1,602$242,592$189,364
9$444,915$21,918-$946$237,561$207,354
10$458,262$22,641-$269$232,184$226,078
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.