16590 SW 70th St

Miami, FL 33193 · townhomes · For Sale · 84 days on market
Asking price$548,000
3 beds 3 baths 1,694 sqft
Suggested offer$532,790$15,210 above the est. market value of $532,790.
View on Realtor.com →
Listed by Samantha Perez · Lifestyle International Realty
Typetownhomes
Built2007
Price / sqft$323
Est. value (own analysis)$532,790
Rent estimate (own analysis)$3,200/mo
HOA$114/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-10
Removed date
MLSMiamiMLS #A12033588
Coordinates25.70004, -80.46155
Address16590 SW 70th St
CityMiami
StateFL
Zip33193
Listing ID5016268011
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33193)

Typical home value (ZHVI)$445,241
Typical rent (ZORI)$2,377/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$548,000
Down payment (20.0%)$109,600
Loan amount$438,400
Closing costs (5.0%)$27,400
Total cash to close$137,000
Rent (comp-derived)$3,200$38,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,400
Vacancy rate (assumption) assumption8.0%

$38,400 × 8.0% = $3,072

Effective gross income$2,944$35,328
Property tax (placeholder 1.9% of price)$868$10,412
Insurance (placeholder 0.8% of price)$365$4,384
HOA dues$114$1,368
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$160$1,920
Total operating expenses$1,507$18,084
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,328
Total operating expenses derived$18,084

$35,328 − $18,084 = $17,244

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$438,400
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$438,400 amortized at 6.7% over 30 years = $2,817/mo

CapEx reserve (5.0% of GSR)$160$1,920
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$17,244
Annual debt service derived$33,807
Annual CapEx reserve assumption$1,920
Annual PMI assumption$0

($17,244 − $33,807 − $1,920 − $0) ÷ 12 = -$1,540

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,244
Purchase price data$548,000

$17,244 ÷ $548,000 = 3.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$18,483
Total cash to close derived$137,000

-$18,483 ÷ $137,000 = -13.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,244
Annual debt service derived$33,807

$17,244 ÷ $33,807 = 0.51

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,400
Purchase price data$548,000

($38,400 ÷ 12) ÷ $548,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$548,000
Gross scheduled rent (annual) comp$38,400

$548,000 ÷ $38,400 = 14.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,084
Effective gross income derived$35,328

$18,084 ÷ $35,328 = 51.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,084
Annual debt service derived$33,807
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,400

($18,084 + $33,807 + $0) ÷ $38,400 = 135.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,848$3,2002026-08-12
townhomes331,644$3,2502026-07-16
townhomes331,571$2,7502026-07-11
townhomes321,708$3,3002026-06-23
townhomes331,848$3,2002026-06-10
townhomes331,770$3,2002026-05-11
townhomes321,244$2,9002026-08-04
townhomes321,200$3,6002026-08-03
townhomes332,027$3,3002026-07-31
townhomes331,770$3,2002026-03-01

15852 SW 71st Ter Unit 0

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,848
Listed2026-08-12
Days on market

Asking rent: $3,200

View on Zillow →

7463 SW 164th Ave

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,644
Listed2026-07-16
Days on market

Asking rent: $3,250

View on Zillow →

8510 SW 150th Ave Unit 2

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,571
Listed2026-07-11
Days on market

Asking rent: $2,750

View on Zillow →

7001 SW 164th Ct Unit 0

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,708
Listed2026-06-23
Days on market

Asking rent: $3,300

View on Zillow →

15849 SW 70th Ter Unit 0

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,848
Listed2026-06-10
Days on market

Asking rent: $3,200

View on Zillow →

8525 SW 165th Pl Unit 8525

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,770
Listed2026-05-11
Days on market

Asking rent: $3,200

View on Zillow →

15216 SW 81st Ln Unit 15216

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,244
Listed2026-08-04
Days on market

Asking rent: $2,900

View on Zillow →

8381 SW 148th Ave Unit 0

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-08-03
Days on market

Asking rent: $3,600

View on Zillow →

5732 SW 162nd Pass Unit 5732

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,027
Listed2026-07-31
Days on market

Asking rent: $3,300

View on Zillow →

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,770
Listed2026-03-01
Days on market

Asking rent: $3,200

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
7426 SW 162nd Cttownhomes331,644$545,0002026-08-21
7240 SW 162nd Cttownhomes331,667$555,0002026-08-21
6323 SW 147th Place Cirtownhomes321,059$410,0002026-08-14
8618 SW 148th Pltownhomes321,283$425,0002026-07-31
7345 SW 148th Cttownhomes321,699$535,0002026-07-29
16236 SW 75th Sttownhomes321,667$550,0002026-07-24
5873026429townhomes331,820$515,0002026-06-15
7378 SW 162nd Pltownhomes331,644$545,0002026-06-12
15585 SW 76th Ln Unit A81-8townhomes321,240$390,0002026-06-11
7925 SW 153rd Cttownhomes321,177$450,0002026-06-11
8614 SW 147th Pltownhomes321,283$445,0002026-06-09
7413 SW 162nd Pathtownhomes331,644$495,0002026-05-29
8749 SW 154th Circle Pl Unit 4Gtownhomes332,282$380,0002026-05-15
8500 SW 150th Avetownhomes321,230$345,0002026-05-06
16603 SW 79th Tertownhomes331,770$495,0002026-04-30
16415 SW 73rd Tertownhomes321,667$522,0002026-03-20
16514 SW 68th Tertownhomes321,580$530,0002026-03-12
7161 SW 163rd Pltownhomes321,666$498,0002026-03-05
16394 SW 75th Sttownhomes331,667$520,0002026-02-24
7486 SW 162nd Cttownhomes331,644$510,0002026-02-18
16256 SW 57th Lntownhomes322,027$549,0002026-02-18

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
6651 SW 148th Ctsingle_family321,892$855,000
7054 SW 152nd Cttownhomes321,116$490,000
15840 SW 85th Stsingle_family321,631$650,000
14755 SW 74th Lntownhomes332,187$533,000
14963 SW 74th Tersingle_family321,322$529,000
16628 SW 79th Tertownhomes331,776$525,000
15171 SW 70th Stsingle_family322,074$850,000
16232 SW 57th Lncondos332,027$564,000

10-year hold projection

IRR1.1%
Equity multiple1.18x
Total return (10yr)$96,539
YearProperty valueNOICash flowLoan balanceEquity
1$564,440$17,244-$18,483$433,647$130,793
2$581,373$17,852-$17,924$428,567$152,806
3$598,814$18,480-$17,345$423,139$175,676
4$616,779$19,129-$16,746$417,337$199,442
5$635,282$19,801-$16,126$411,138$224,145
6$654,341$20,494-$15,485$404,512$249,829
7$673,971$21,212-$14,822$397,432$276,539
8$694,190$21,953-$14,137$389,865$304,325
9$715,016$22,719-$13,428$381,779$333,237
10$736,466$23,511-$12,695$373,137$363,329
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.