6671 SW 70th Ter Unit 20

South Miami, FL 33143 · condos · For Sale · 92 days on market
Asking price$997,500
4 beds 3 baths 2,200 sqft
Suggested offer$795,674$201,826 above the est. market value of $795,674.
View on Realtor.com →
Listed by Carlos Pena · Keyes - Sunset
Typecondos
Built1977
Price / sqft$453
Est. value (own analysis)$795,674
Rent estimate (Zillow ZIP avg)$2,761/mo
HOA$1,350/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-02
Removed date
MLSMiamiMLS #A12028015
Coordinates25.70502, -80.30098
Address6671 SW 70th Ter Unit 20
CitySouth Miami
StateFL
Zip33143
Listing ID5013357997
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33143)

Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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$997,500
Down payment (20.0%)$199,500
Loan amount$798,000
Closing costs (5.0%)$49,875
Total cash to close$249,375
Rent (ZIP avg, ZORI — not bedroom-specific)$2,761$33,128
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$33,128
Vacancy rate (assumption) assumption8.0%

$33,128 × 8.0% = $2,650

Effective gross income$2,540$30,478
Property tax (placeholder 1.9% of price)$1,579$18,953
Insurance (placeholder 0.8% of price)$665$7,980
HOA dues$1,350$16,200
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$138$1,656
Total operating expenses$3,732$44,789
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$30,478
Total operating expenses derived$44,789

$30,478 − $44,789 = -$14,311

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$798,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$798,000 amortized at 6.7% over 30 years = $5,128/mo

CapEx reserve (5.0% of GSR)$138$1,656
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-$14,311
Annual debt service derived$61,538
Annual CapEx reserve assumption$1,656
Annual PMI assumption$0

(-$14,311 − $61,538 − $1,656 − $0) ÷ 12 = -$6,459

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$14,311
Purchase price data$997,500

-$14,311 ÷ $997,500 = -1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$77,506
Total cash to close derived$249,375

-$77,506 ÷ $249,375 = -31.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$14,311
Annual debt service derived$61,538

-$14,311 ÷ $61,538 = -0.23

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$33,128
Purchase price data$997,500

($33,128 ÷ 12) ÷ $997,500 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$997,500
Gross scheduled rent (annual) comp$33,128

$997,500 ÷ $33,128 = 30.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,789
Effective gross income derived$30,478

$44,789 ÷ $30,478 = 147.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,789
Annual debt service derived$61,538
Annual PMI assumption$0
Gross scheduled rent (annual) comp$33,128

($44,789 + $61,538 + $0) ÷ $33,128 = 321.0%

Comparables

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

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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
6671 SW 70th Ter Unit 20condos432,200$936,0002026-08-28
6001 SW 70th St Apt 241condos221,010$376,0002026-08-28
8103 Camino Real Apt 407condos11712$240,0002026-08-27
7740 Camino Real Apt 306condos11712$230,0002026-08-24
8335 SW 72nd Ave Apt 212Dcondos221,033$296,0002026-08-24
8315 SW 72nd Ave Apt 104Bcondos01507$180,0002026-08-14
6001 SW 70th St Apt 453condos221,010$408,0002026-08-11
5540 SW 78th St Unit 32Ccondos21800$390,0002026-08-10
7890 SW 86th St Apt 10condos231,430$572,5002026-08-07
7530 SW 82nd St Apt G102condos11700$142,5002026-07-30
7715 SW 57th Ave Unit 3condos21840$375,0002026-07-29
6001 SW 70th St Apt 133condos321,164$400,0002026-07-23
7473 SW 82nd St Apt A209condos11665$235,0002026-06-30
7705 SW 86th St Unit B212condos22933$298,0002026-06-29
6411158011condos221,044$287,0002026-06-26
5640 SW 78th St Unit 124Ccondos21800$388,0002026-06-26
7483 SW 82nd St Apt A308condos11665$255,0002026-06-23
7703 Camino Real Apt 111condos22912$345,0002026-06-22
7705 SW 86th St Unit B213condos12809$215,0002026-06-22
7621 SW 55th Ave Unit 21Acondos21786$405,0002026-06-18
6001 SW 70th St Apt 301condos221,010$400,0002026-06-18
7743 SW 86th St Unit D227condos221,075$282,5002026-06-18
7732 Camino Real Apt 104condos11712$240,0002026-06-17
6001 SW 70th St Apt 304condos221,010$377,0002026-06-10
7010 SW 66th Ave Unit 25condos332,200$760,0002026-06-01
7700 Camino Real Apt 101Dcondos21804$285,0002026-05-19
7401 SW 82nd St Unit 202Scondos11654$262,0002026-05-18
6427629557condos12671$170,0002026-05-14
8107 SW 72nd Ave Apt 423Econdos221,102$295,0002026-05-13
6001 SW 70th St Apt 531condos221,010$372,0002026-05-12
7473 SW 82nd St Apt A113condos11665$235,0002026-05-08
7805 Camino Real Apt 101condos21804$299,0002026-05-08
7785 SW 86th St Unit E119condos12809$220,0002026-05-07
6001 SW 70th St Apt 115condos21842$340,0002026-05-04
6001 SW 70th St Apt 201condos221,010$376,0002026-05-01
6001 SW 70th St Apt 643condos221,010$400,0002026-04-30
7621 SW 55th Ave Unit 22Bcondos21786$425,0002026-04-17
8390 SW 72nd Ave Apt 314condos221,094$375,0002026-04-10
8101 Camino Real Apt 320condos11712$300,0002026-04-09
7722 Camino Real Apt 317condos11712$305,0002026-04-09
6001 SW 70th St Apt 249condos11652$277,0002026-04-08
6149 SW 69th St Unit 12condos32970$218,0002026-04-06
7720 SW 54th Ct Unit 42Bcondos21786$395,0002026-04-04
8395 SW 73rd Ave Apt 511condos221,114$390,0002026-04-03
6001 SW 70th St Apt 231condos221,010$395,0002026-04-02
7505 SW 82nd St Apt 211condos11671$179,0002026-03-25
7940 SW 55th Ave Unit 66Acondos11665$342,0002026-03-25
7777 SW 86th St Unit F1-210condos11715$200,0002026-03-20
7765 SW 86th St Unit F2-303condos221,075$309,0002026-03-16
7707 SW 86th St Unit B101condos12809$250,0002026-03-16

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
5901 SW 62nd Stsingle_family411,688$1,000,000
6990 SW 58th Stsingle_family453,590$3,495,000
7790 SW 53rd Avesingle_family442,089$3,350,000
8215 SW 63rd Plsingle_family432,452$1,980,000
8235 SW 85th Tersingle_family453,243$1,850,000
6801 SW 82nd Avesingle_family431,888$1,975,000
7400 SW 81st Avesingle_family453,829$3,395,000
7830 SW 48th Ctsingle_family443,986$4,795,000

10-year hold projection

IRR-10.7%
Equity multiple-0.82x
Total return (10yr)-$324,482
YearProperty valueNOICash flowLoan balanceEquity
1$1,027,425-$14,311-$77,506$789,348$238,077
2$1,058,248-$14,517-$77,752$780,102$278,146
3$1,089,995-$14,723-$78,001$770,221$319,775
4$1,122,695-$14,929-$78,251$759,661$363,034
5$1,156,376-$15,136-$78,502$748,376$408,000
6$1,191,067-$15,343-$78,755$736,316$454,751
7$1,226,799-$15,549-$79,008$723,428$503,371
8$1,263,603-$15,756-$79,263$709,655$553,948
9$1,301,511-$15,963-$79,519$694,937$606,575
10$1,340,557-$16,169-$79,775$679,207$661,349
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.