6580 W Flagler St Apt 101

Miami, FL 33144 · condos · For Sale · 155 days on market
Asking price$229,000
1 beds 2 baths 734 sqft
View on Realtor.com →
Listed by Francisco Pena · Brg International , Llc
Typecondos
Built1972
Price / sqft$312
Est. value (own analysis)$235,475
Rent estimate (own analysis)$2,427/mo
HOA$256/mo
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Neighborhood

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Statusfor_sale
Listed date2026-03-31
Removed date
MLSMiamiMLS #A11992241
Coordinates25.77028, -80.30294
Address6580 W Flagler St Apt 101
CityMiami
StateFL
Zip33144
Listing ID5052908015
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33144)

Typical home value (ZHVI)$626,128
Typical rent (ZORI)$2,322/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$229,000
Down payment (20.0%)$45,800
Loan amount$183,200
Closing costs (5.0%)$11,450
Total cash to close$57,250
Rent (comp-derived)$2,427$29,118
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$29,118
Vacancy rate (assumption) assumption8.0%

$29,118 × 8.0% = $2,329

Effective gross income$2,232$26,789
Property tax (placeholder 1.9% of price)$363$4,351
Insurance (placeholder 0.8% of price)$153$1,832
HOA dues$256$3,072
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$121$1,456
Total operating expenses$893$10,711
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,789
Total operating expenses derived$10,711

$26,789 − $10,711 = $16,078

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$183,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$183,200 amortized at 6.7% over 30 years = $1,177/mo

CapEx reserve (5.0% of GSR)$121$1,456
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$16,078
Annual debt service derived$14,127
Annual CapEx reserve assumption$1,456
Annual PMI assumption$0

($16,078 − $14,127 − $1,456 − $0) ÷ 12 = $41

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,078
Purchase price data$229,000

$16,078 ÷ $229,000 = 7.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$494
Total cash to close derived$57,250

$494 ÷ $57,250 = 0.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,078
Annual debt service derived$14,127

$16,078 ÷ $14,127 = 1.14

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$29,118
Purchase price data$229,000

($29,118 ÷ 12) ÷ $229,000 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$229,000
Gross scheduled rent (annual) comp$29,118

$229,000 ÷ $29,118 = 7.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$10,711
Effective gross income derived$26,789

$10,711 ÷ $26,789 = 40.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$10,711
Annual debt service derived$14,127
Annual PMI assumption$0
Gross scheduled rent (annual) comp$29,118

($10,711 + $14,127 + $0) ÷ $29,118 = 85.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment11640$2,0992025-07-11
condos11575$1,6502026-08-19
condos11726$1,8502026-07-16
apartment11680$1,8752026-06-03
apartment11680$1,8502026-07-30
apartment11640$2,1902025-10-09
condos11575$1,8502026-07-27
apartment11586$2,151
apartment11750$2,859
apartment11650$2,505
apartment11650$2,425
apartment11650$2,591
apartment11600$2,428
apartment11640$2,2582025-11-11
apartment11673$2,987
apartment11750$2,948
apartment11750$2,976
apartment11750$2,964
apartment11640$2,966
apartment11640$2,840
apartment11640$2,792
apartment11700$2,1402025-09-18

1050 SW 70th Ave

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed2025-07-11
Days on market

Asking rent: $2,099

View on Zillow →

6200 W Flagler St Apt 208

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage575
Listed2026-08-19
Days on market

Asking rent: $1,650

View on Zillow →

900 SW 84th Ave Unit 412A

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage726
Listed2026-07-16
Days on market

Asking rent: $1,850

View on Zillow →

321 SW 71st Ave Unit 2

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage680
Listed2026-06-03
Days on market

Asking rent: $1,875

View on Zillow →

791 SW 64th Ave Apt 8

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage680
Listed2026-07-30
Days on market

Asking rent: $1,850

View on Zillow →

1055 SW 70th Ave

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed2025-10-09
Days on market

Asking rent: $2,190

View on Zillow →

6200 W Flagler St Apt 201

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage575
Listed2026-07-27
Days on market

Asking rent: $1,850

View on Zillow →

6320 SW 8th St Apt 338

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,151

View on Zillow →

6320 SW 8th St Apt 374

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,859

View on Zillow →

6320 SW 8th St # 872

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed
Days on market

Asking rent: $2,505

View on Zillow →

6320 SW 8th St # 873

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed
Days on market

Asking rent: $2,425

View on Zillow →

6320 SW 8th St Apt 372

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed
Days on market

Asking rent: $2,591

View on Zillow →

6320 SW 8th St Apt 302

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed
Days on market

Asking rent: $2,428

View on Zillow →

950 SW 57th Ave

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed2025-11-11
Days on market

Asking rent: $2,258

View on Zillow →

950 SW 57th Ave Apt 801

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage673
Listed
Days on market

Asking rent: $2,987

View on Zillow →

950 SW 57th Ave Apt 327

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,948

View on Zillow →

950 SW 57th Ave Apt 517

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,976

View on Zillow →

950 SW 57th Ave Apt 417

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,964

View on Zillow →

950 SW 57th Ave Apt 546

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed
Days on market

Asking rent: $2,966

View on Zillow →

950 SW 57th Ave Apt 713

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed
Days on market

Asking rent: $2,840

View on Zillow →

950 SW 57th Ave Apt 311

West Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed
Days on market

Asking rent: $2,792

View on Zillow →

6741 SW 13th Ter Unit 302

Miami, 33144 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage700
Listed2025-09-18
Days on market

Asking rent: $2,140

View on Zillow →

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
995 SW 84th Ave Apt 126condos22893$325,0002026-07-13
995 SW 84th Ave Apt 223condos11684$200,0002026-06-04
995 SW 84th Ave Apt 304condos22893$310,0002026-04-30
6825 W Flagler St Apt 306condos22832$245,0002026-02-02
8326 SW 10th Tercondo_townhome_rowhome_coop22956$405,0002026-01-30
6825 W Flagler St Apt 303condos22832$225,0002025-11-18

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
6820 W Flagler St Apt 212condos11697$189,900
900 SW 84th Ave Unit 207Acondos11726$224,999
6580 W Flagler St Apt 309condos12742$230,000
900 SW 84th Ave Unit 415Dcondos11726$229,000

10-year hold projection

IRR11.9%
Equity multiple2.85x
Total return (10yr)$135,545
YearProperty valueNOICash flowLoan balanceEquity
1$235,870$16,078$494$181,214$54,656
2$242,946$16,614$994$179,091$63,855
3$250,234$17,167$1,510$176,823$73,412
4$257,742$17,738$2,043$174,398$83,343
5$265,474$18,328$2,593$171,808$93,666
6$273,438$18,937$3,162$169,039$104,399
7$281,641$19,566$3,750$166,080$115,561
8$290,090$20,215$4,357$162,919$127,172
9$298,793$20,885$4,983$159,540$139,253
10$307,757$21,577$5,631$155,929$151,828
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.