9921 SW 195th St
Cutler Bay, FL 33157 · single_family · For Sale · 22 days on market
Asking price$665,000
2 beds 2 baths — sqft
Suggested offer$450,000$215,000 above the est. market value of $450,000.
View on Realtor.com →Listed by Thomas Barbato · BHHS EWM Realty
Typesingle_family
Built1967
Price / sqft—
Est. value (own analysis)$450,000
Rent estimate (own analysis)$2,545/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-08-11
Removed date—
MLSMiamiMLS #A12063042
Coordinates25.58641, -80.35267
Address9921 SW 195th St
CityCutler Bay
StateFL
Zip33157
Listing ID5131187832
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33157)
Typical home value (ZHVI)$630,585
Typical rent (ZORI)$2,736/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 | $665,000 |
| Down payment (20.0%) | $133,000 |
| Loan amount | $532,000 |
| Closing costs (5.0%) | $33,250 |
| Total cash to close | $166,250 |
| Income | |
| Rent (comp-derived) | $2,545$30,540 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,341$28,097 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,053$12,635 |
| Insurance (placeholder 0.8% of price) | $443$5,320 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $127$1,527 |
| Total operating expenses | $1,624$19,482 |
| 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) | $127$1,527 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 1 | 1,350 | $2,300 | 2026-07-31 | — | |
| single_family | 2 | 1 | 800 | $1,800 | 2026-08-27 | — | |
| single_family | 2 | 1 | 800 | $2,000 | — | — | |
| single_family | 2 | 3 | 2,651 | $8,700 | — | — | |
| single_family | 2 | 2 | 720 | $2,790 | 2026-08-31 | — | |
| single_family | 2 | 1 | 1,320 | $2,900 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 10040 SW 170th Ter | single_family | 2 | 1 | 720 | $380,000 | 2026-07-21 |
| 16901 SW 94th Ave | single_family | 2 | 1 | 870 | $425,000 | 2026-07-20 |
| 15600 SW 77th Ave | single_family | 2 | 2 | 1,330 | $967,000 | 2026-06-25 |
| 16220 SW 101st Ave | single_family | 2 | 2 | 1,200 | $450,000 | 2026-06-18 |
| 15801 SW 99th Pl | single_family | 2 | 2 | 1,622 | $559,000 | 2026-06-02 |
| 10229 SW 175th St | single_family | 2 | 1 | 792 | $349,900 | 2026-05-28 |
| 10045 SW 172nd St | single_family | 2 | 1 | 924 | $495,000 | 2026-05-18 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 11249 SW 169th St Unit V4831 | condos | 2 | 2 | 1,240 | $268,500 | — |
| 19771 SW 114th Ave Apt 126 | condos | 2 | 2 | 800 | $165,000 | — |
| 15888 SW 95th Ave Apt 209 | condos | 2 | 1 | 880 | $237,000 | — |
| 16971 SW 113th Ct Unit 31444E | condos | 2 | 2 | 1,240 | $320,000 | — |
| 11284 SW 169th St Unit V3743 | condos | 2 | 2 | 1,110 | $268,000 | — |
| condos | 2 | 2 | 800 | $129,000 | — | |
| 17019 SW 100th Ave | single_family | 2 | 1 | 909 | $499,000 | — |
| 11311 SW 200th St Apt 311D | condos | 2 | 2 | 840 | $200,000 | — |
10-year hold projection
IRR-3.7%
Equity multiple0.38x
Total return (10yr)-$15,626
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $684,950 | $8,615 | -$33,938 | $526,232 | $158,718 |
| 2 | $705,499 | $8,971 | -$33,620 | $520,068 | $185,431 |
| 3 | $726,663 | $9,340 | -$33,290 | $513,480 | $213,183 |
| 4 | $748,463 | $9,722 | -$32,948 | $506,440 | $242,023 |
| 5 | $770,917 | $10,119 | -$32,592 | $498,917 | $272,000 |
| 6 | $794,045 | $10,530 | -$32,223 | $490,877 | $303,168 |
| 7 | $817,866 | $10,956 | -$31,840 | $482,285 | $335,581 |
| 8 | $842,402 | $11,398 | -$31,443 | $473,103 | $369,299 |
| 9 | $867,674 | $11,855 | -$31,031 | $463,290 | $404,384 |
| 10 | $893,704 | $12,330 | -$30,603 | $452,804 | $440,901 |
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.