22 SW 14th Ter
Homestead, FL 33030 · townhomes · For Sale · 191 days on market
Asking price$279,000
3 beds 2 baths 1,232 sqft
Listed by Mailyn Fernandez · Abora Realty
Typetownhomes
Built1983
Price / sqft$226
Est. value (own analysis)$284,308
Rent estimate (own analysis)$2,250/mo
HOA$1/mo
1 / 17
Show every detail
Statusfor_sale
Listed date2026-02-23
Removed date—
MLSMiamiMLS #A11968535
Coordinates25.46945, -80.49517
Address22 SW 14th Ter
CityHomestead
StateFL
Zip33030
Listing ID5129739535
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33030)
Typical home value (ZHVI)$521,479
Typical rent (ZORI)$2,465/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $279,000 |
| Down payment (20.0%) | $55,800 |
| Loan amount | $223,200 |
| Closing costs (5.0%) | $13,950 |
| Total cash to close | $69,750 |
| Income | |
| Rent (comp-derived) | $2,250$27,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,070$24,840 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $442$5,301 |
| Insurance (placeholder 0.8% of price) | $186$2,232 |
| HOA dues | $1$12 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $113$1,350 |
| Total operating expenses | $741$8,895 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $113$1,350 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 2 | 1,232 | $1,990 | 2026-08-28 | — | |
| townhomes | 3 | 2 | 1,115 | $2,400 | 2026-08-26 | — | |
| townhomes | 3 | 3 | 1,587 | $2,300 | 2026-07-15 | — | |
| townhomes | 3 | 2 | 1,167 | $2,200 | 2026-08-10 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 761 SE 2nd St | townhomes | 3 | 3 | 1,378 | $318,000 | 2026-08-11 |
| 64 SW 15th Ter | townhomes | 3 | 2 | 1,189 | $340,000 | 2026-08-03 |
| 136 SW 15th Rd | townhomes | 3 | 2 | 1,115 | $200,000 | 2026-07-20 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,813 | $504,990 | — |
| 18840 SW 314th St | single_family | 3 | 3 | 1,813 | $510,365 | — |
| 18876 SW 314th St | single_family | 3 | 3 | 1,670 | $504,215 | — |
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,670 | $493,990 | — |
| 31 NW 10th St Unit 1105 | condos | 3 | 3 | 1,209 | $1,461,500 | — |
| 30221 SW 173rd Ave | single_family | 3 | 2 | 1,302 | $546,000 | — |
| 948 NW 9th Ct | single_family | 3 | 2 | 1,858 | $463,000 | — |
| 655 SW 5th St | single_family | 3 | 2 | 1,120 | $375,000 | — |
10-year hold projection
IRR8.2%
Equity multiple2.30x
Total return (10yr)$127,042
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $287,370 | $15,945 | -$2,617 | $220,780 | $66,590 |
| 2 | $295,991 | $16,468 | -$2,128 | $218,194 | $77,797 |
| 3 | $304,871 | $17,007 | -$1,623 | $215,430 | $89,441 |
| 4 | $314,017 | $17,564 | -$1,101 | $212,477 | $101,540 |
| 5 | $323,437 | $18,139 | -$563 | $209,320 | $114,117 |
| 6 | $333,141 | $18,732 | -$7 | $205,947 | $127,193 |
| 7 | $343,135 | $19,345 | $567 | $202,343 | $140,792 |
| 8 | $353,429 | $19,977 | $1,160 | $198,490 | $154,938 |
| 9 | $364,032 | $20,629 | $1,772 | $194,374 | $169,658 |
| 10 | $374,953 | $21,302 | $2,404 | $189,974 | $184,979 |
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.