SW 127th Ave & SW 212th St

Miami, FL 33177 · single_family · Ready To Build · 8 days on market
Asking price$774,990
5 beds 3 baths 2,753 sqft
View on Realtor.com →
Listed by Verdana Grove
Typesingle_family
Built
Price / sqft$282
Est. value (own analysis)$919,279
Rent estimate (own analysis)$4,850/mo
HOANone
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Neighborhood

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Statusready_to_build
Listed date2026-08-26
Removed date
MLSLennar #N006
Coordinates25.57000, -80.39690
AddressSW 127th Ave & SW 212th St
CityMiami
StateFL
Zip33177
Listing ID417001072382
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33177)

Typical home value (ZHVI)$574,510
Typical rent (ZORI)$2,784/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$774,990
Down payment (20.0%)$154,998
Loan amount$619,992
Closing costs (5.0%)$38,750
Total cash to close$193,748
Rent (comp-derived)$4,850$58,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$58,200
Vacancy rate (assumption) assumption8.0%

$58,200 × 8.0% = $4,656

Effective gross income$4,462$53,544
Property tax (placeholder 1.9% of price)$1,227$14,725
Insurance (placeholder 0.8% of price)$517$6,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$243$2,910
Total operating expenses$1,986$23,835
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$53,544
Total operating expenses derived$23,835

$53,544 − $23,835 = $29,709

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$619,992
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$619,992 amortized at 6.7% over 30 years = $3,984/mo

CapEx reserve (5.0% of GSR)$243$2,910
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$29,709
Annual debt service derived$47,811
Annual CapEx reserve assumption$2,910
Annual PMI assumption$0

($29,709 − $47,811 − $2,910 − $0) ÷ 12 = -$1,751

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,709
Purchase price data$774,990

$29,709 ÷ $774,990 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,012
Total cash to close derived$193,748

-$21,012 ÷ $193,748 = -10.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,709
Annual debt service derived$47,811

$29,709 ÷ $47,811 = 0.62

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$58,200
Purchase price data$774,990

($58,200 ÷ 12) ÷ $774,990 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$774,990
Gross scheduled rent (annual) comp$58,200

$774,990 ÷ $58,200 = 13.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,835
Effective gross income derived$53,544

$23,835 ÷ $53,544 = 44.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,835
Annual debt service derived$47,811
Annual PMI assumption$0
Gross scheduled rent (annual) comp$58,200

($23,835 + $47,811 + $0) ÷ $58,200 = 123.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family542,612$7,3002026-08-15
single_family553,456$5,9002026-08-12
single_family533,116$4,850
single_family532,598$4,8002026-07-18
single_family542,598$4,6002026-07-08
single_family543,349$5,7002026-07-02
single_family532,598$3,2152026-08-18
single_family552,838$7,2502026-05-22
single_family542,740$3,9502026-07-31

19706 SW 130th Ave Unit 0

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,612
Listed2026-08-15
Days on market

Asking rent: $7,300

View on Zillow →

13248 SW 188th Ter Unit 0

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,456
Listed2026-08-12
Days on market

Asking rent: $5,900

View on Zillow →

20943 SW 133rd Ave

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,116
Listed
Days on market

Asking rent: $4,850

View on Zillow →

12745 SW 204th Ln

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,598
Listed2026-07-18
Days on market

Asking rent: $4,800

View on Zillow →

20255 SW 129th Ave

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,598
Listed2026-07-08
Days on market

Asking rent: $4,600

View on Zillow →

21189 SW 127th Ct

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,349
Listed2026-07-02
Days on market

Asking rent: $5,700

View on Zillow →

20365 SW 129th Avenue Dr

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,598
Listed2026-08-18
Days on market

Asking rent: $3,215

View on Zillow →

13305 SW 190th Ter Unit 13305

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,838
Listed2026-05-22
Days on market

Asking rent: $7,250

View on Zillow →

13510 SW 177th Ter

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,740
Listed2026-07-31
Days on market

Asking rent: $3,950

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
19880 SW 134th Avesingle_family533,316$1,550,0002026-08-13
14420 SW 157th Stsingle_family531,673$805,0002026-08-12
19596 SW 130th Avenue Rdsingle_family543,385$1,155,0002026-08-12
19059 SW 134th Ctsingle_family552,845$950,0002026-07-29
15320 SW 141st Ctsingle_family532,583$750,0002026-06-30
19533 SW 130th Avesingle_family543,385$1,450,0002026-06-24
20135 SW 129th Avesingle_family542,598$775,0002026-06-15
15851 SW 139th Plsingle_family522,099$550,0002026-06-10
13680 SW 191st Tersingle_family552,845$1,180,0002026-06-09
11711 SW 181st Tersingle_family521,716$654,0002026-06-02
12841 SW 200th Tersingle_family532,772$710,0002026-05-21
21205 SW 127th Ctsingle_family543,349$785,0002026-05-05
20235 SW 129th Avesingle_family542,598$760,0002026-03-16
13921 SW 152nd Tersingle_family532,583$727,6502026-03-13
11771 SW 179th Tersingle_family531,752$670,0002026-03-11

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
13283 SW 188th Tersingle_family54$990,000
19246 SW 132nd Avesingle_family542,612$1,250,000
13629 SW 186th Lnsingle_family543,012$969,990
20155 SW 129th Avesingle_family542,598$950,000
21230 SW 127th Plsingle_family552,809$1,200,000
21204 SW 126th Ctsingle_family532,753$799,990
19706 SW 130th Avesingle_family542,612$1,599,000
SW 127th Ave & SW 212th Stsingle_family532,451$714,990

10-year hold projection

IRR3.0%
Equity multiple1.48x
Total return (10yr)$194,909
YearProperty valueNOICash flowLoan balanceEquity
1$798,240$29,709-$21,012$613,270$184,970
2$822,187$30,720-$20,074$606,086$216,101
3$846,853$31,763-$19,105$598,409$248,443
4$872,258$32,842-$18,103$590,205$282,053
5$898,426$33,955-$17,068$581,437$316,989
6$925,379$35,105-$15,998$572,067$353,311
7$953,140$36,293-$14,892$562,054$391,086
8$981,734$37,520-$13,750$551,353$430,381
9$1,011,186$38,788-$12,569$539,918$471,268
10$1,041,522$40,096-$11,349$527,697$513,825
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.