Listed by Lesli Burkhead (CRS) · Keyes - Homestead
Typesingle_family
Built2003
Price / sqft$263
Est. value (own analysis)$469,655
Rent estimate (own analysis)$2,800/mo
HOA$451/mo
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Statusfor_sale
Listed date2026-07-20
Removed date—
MLSMiamiMLS #A12055035
Coordinates25.46589, -80.44119
Address460 SE 24th Dr
CityHomestead
StateFL
Zip33033
Listing ID5169129637
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33033)
Typical home value (ZHVI)$436,367
Typical rent (ZORI)$2,539/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
$399,900
Down payment (20.0%)
$79,980
Loan amount
$319,920
Closing costs (5.0%)
$19,995
Total cash to close
$99,975
Income
Rent (comp-derived)
$2,800$33,600
Vacancy loss (8.0%)
Effective gross income
$2,576$30,912
Operating expenses
Property tax (placeholder 1.9% of price)
$633$7,598
Insurance (placeholder 0.8% of price)
$267$3,199
HOA dues
$451$5,412
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$140$1,680
Total operating expenses
$1,491$17,889
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)
$140$1,680
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
3
2
1,964
$2,900
2025-06-24
—
single_family
3
3
1,456
$3,200
—
—
single_family
3
3
1,650
$2,195
—
—
single_family
3
2
1,643
$2,410
—
—
single_family
3
2
1,762
$2,685
2026-08-15
—
single_family
3
2
1,581
$2,365
2026-05-14
—
single_family
3
2
1,446
$2,200
2026-06-02
—
single_family
3
2
1,260
$2,250
2026-05-01
—
single_family
3
2
1,543
$2,400
2026-03-07
—
single_family
3
2
1,535
$2,750
2026-07-25
—
single_family
3
2
1,430
$2,799
2026-07-02
—
single_family
3
2
1,553
$2,999
2026-07-10
—
single_family
3
1
1,940
$2,600
2026-06-19
—
single_family
3
3
1,507
$2,500
2026-06-26
—
single_family
3
2
1,313
$2,600
2026-06-08
—
single_family
3
2
1,225
$3,300
2026-08-21
—
single_family
3
2
1,288
$2,600
2026-06-11
—
single_family
3
2
1,488
$2,690
2026-06-19
—
single_family
3
2
1,270
$2,800
2026-05-15
—
single_family
3
2
1,424
$3,850
2026-08-26
—
single_family
3
2
1,610
$3,100
2026-08-10
—
single_family
3
2
1,641
$3,150
2026-08-24
—
single_family
3
1
1,216
$2,800
2026-06-29
—
single_family
3
2
1,720
$2,950
2026-08-04
—
single_family
3
2
1,507
$3,300
2026-08-25
—
single_family
3
2
1,456
$3,000
2026-03-25
—
single_family
3
2
1,408
$2,600
2026-05-29
—
single_family
3
1
1,104
$2,800
2026-07-04
—
single_family
3
2
1,351
$3,400
2026-08-20
—
single_family
3
3
1,610
$2,800
2026-01-06
—
single_family
3
2
1,750
$2,950
2026-06-24
—
single_family
3
2
1,200
$2,800
2026-08-13
—
single_family
3
1
1,620
$3,000
2026-08-19
—
single_family
3
2
1,552
$2,650
2026-08-03
—
single_family
3
3
1,456
$2,700
2026-07-28
—
single_family
3
3
1,428
$2,700
2026-06-29
—
single_family
3
2
1,690
$2,840
2026-07-07
—
single_family
3
2
1,386
$3,400
2026-08-17
—
single_family
3
2
1,876
$3,100
2026-07-03
—
single_family
3
2
1,750
$3,400
2026-07-26
—
single_family
3
2
1,542
$3,300
2026-07-31
—
single_family
3
2
1,327
$3,800
2026-08-03
—
single_family
3
2
1,456
$3,100
2026-04-13
—
single_family
3
2
1,704
$2,600
2026-06-26
—
single_family
3
3
1,393
$2,300
—
—
single_family
3
3
1,695
$2,450
—
—
single_family
3
3
1,331
$2,600
—
—
single_family
3
3
1,432
$2,350
—
—
single_family
3
3
1,650
$2,600
—
—
single_family
3
3
1,393
$2,600
—
—
single_family
3
3
1,428
$2,700
—
—
single_family
3
3
1,363
$2,900
—
—
single_family
3
3
1,509
$3,200
—
—
single_family
3
2
1,426
$2,900
—
—
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.
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.
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.