11855 SW 250th Ter

Homestead, FL 33032 · single_family · For Sale · 16 days on market
Asking price$669,000
5 beds 3 baths 2,896 sqft
View on Realtor.com →
Listed by George Depina · NXT LVL Realty Inc
Typesingle_family
Built2015
Price / sqft$231
Est. value (own analysis)$679,923
Rent estimate (own analysis)$4,600/mo
HOA$16/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-18
Removed date
MLSMiamiMLS #A12072220
Coordinates25.53506, -80.38364
Address11855 SW 250th Ter
CityHomestead
StateFL
Zip33032
Listing ID5194678204
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33032)

Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/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$669,000
Down payment (20.0%)$133,800
Loan amount$535,200
Closing costs (5.0%)$33,450
Total cash to close$167,250
Rent (comp-derived)$4,600$55,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$55,200
Vacancy rate (assumption) assumption8.0%

$55,200 × 8.0% = $4,416

Effective gross income$4,232$50,784
Property tax (placeholder 1.9% of price)$1,059$12,711
Insurance (placeholder 0.8% of price)$446$5,352
HOA dues$16$192
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$230$2,760
Total operating expenses$1,751$21,015
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$50,784
Total operating expenses derived$21,015

$50,784 − $21,015 = $29,769

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$535,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$535,200 amortized at 6.7% over 30 years = $3,439/mo

CapEx reserve (5.0% of GSR)$230$2,760
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$29,769
Annual debt service derived$41,272
Annual CapEx reserve assumption$2,760
Annual PMI assumption$0

($29,769 − $41,272 − $2,760 − $0) ÷ 12 = -$1,189

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,769
Purchase price data$669,000

$29,769 ÷ $669,000 = 4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,263
Total cash to close derived$167,250

-$14,263 ÷ $167,250 = -8.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,769
Annual debt service derived$41,272

$29,769 ÷ $41,272 = 0.72

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$55,200
Purchase price data$669,000

($55,200 ÷ 12) ÷ $669,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$669,000
Gross scheduled rent (annual) comp$55,200

$669,000 ÷ $55,200 = 12.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,015
Effective gross income derived$50,784

$21,015 ÷ $50,784 = 41.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,015
Annual debt service derived$41,272
Annual PMI assumption$0
Gross scheduled rent (annual) comp$55,200

($21,015 + $41,272 + $0) ÷ $55,200 = 112.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family542,784$1,7002026-08-12
single_family533,340$5,0002026-08-24
single_family532,174$4,6002026-08-13
single_family543,320$5,5002026-07-08
single_family533,429$4,3002026-07-15
single_family542,552$4,0002026-07-28
single_family542,974$4,8002026-04-29
single_family532,799$3,500
single_family542,974$4,8002026-07-01

27341 SW 132nd Ct Unit Garage

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,784
Listed2026-08-12
Days on market

Asking rent: $1,700

View on Zillow →

11731 SW 234th St

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,340
Listed2026-08-24
Days on market

Asking rent: $5,000

View on Zillow →

25352 SW 122nd Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,174
Listed2026-08-13
Days on market

Asking rent: $4,600

View on Zillow →

25225 SW 118th Ave Unit 25225

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,320
Listed2026-07-08
Days on market

Asking rent: $5,500

View on Zillow →

11628 SW 235th St

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,429
Listed2026-07-15
Days on market

Asking rent: $4,300

View on Zillow →

23663 SW 107th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,552
Listed2026-07-28
Days on market

Asking rent: $4,000

View on Zillow →

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,974
Listed2026-04-29
Days on market

Asking rent: $4,800

View on Zillow →

27037 SW 142nd Ave # 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,799
Listed
Days on market

Asking rent: $3,500

View on Zillow →

11875 SW 241st Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,974
Listed2026-07-01
Days on market

Asking rent: $4,800

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
24107 SW 114th Ctsingle_family533,399$655,0002026-08-25
11024 SW 242nd Stsingle_family532,914$585,0002026-08-14
9047966981single_family542,974$660,0002026-07-31
13211 SW 272nd Lnsingle_family542,944$745,0002026-07-29
11863 SW 233rd Tersingle_family533,340$657,5002026-07-24
24567 SW 109th Avesingle_family532,501$710,0002026-07-23
13270 SW 272nd Stsingle_family542,944$680,0002026-07-22
25301 SW 119th Ctsingle_family542,846$679,0002026-07-13
11331 SW 240th Lnsingle_family533,399$670,0002026-06-23
11836 SW 272nd Tersingle_family53$549,0002026-06-18
11964 SW 244th Stsingle_family532,418$610,0002026-06-16
10816 SW 247th Stsingle_family532,501$629,0002026-06-09
10755 SW 244th Tersingle_family542,501$630,0002026-06-05
11932 SW 241st Tersingle_family542,974$660,0002026-05-26
24587 SW 109th Avesingle_family532,501$600,0002026-05-26
15402 SW 274th Stsingle_family532,756$1,050,0002026-05-19
11932 SW 273rd Stsingle_family532,450$525,0002026-05-06
27381 SW 139th Plsingle_family543,120$548,0002026-04-22
27602 SW 134th Ctsingle_family542,460$700,0002026-04-20
9733004789single_family552,971$779,9902026-04-17
24034 SW 107th Ctsingle_family532,914$557,2002026-02-13

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
11731 SW 234th Stsingle_family533,340$750,000
14319 SW 274th Waysingle_family531,850$439,999
14070 SW 260th St Apt 103condos531,861$349,900
11938 SW 253rd Tersingle_family542,846$750,000
12761 SW 256th Stsingle_family551,248$575,000
13347 SW 274 St Unit 13347townhomes53$605,000
24241 SW 113th Psgesingle_family533,399$648,000
11944 SW 240th Stsingle_family532,418$775,000

10-year hold projection

IRR4.7%
Equity multiple1.75x
Total return (10yr)$212,853
YearProperty valueNOICash flowLoan balanceEquity
1$689,070$29,769-$14,263$529,397$159,673
2$709,742$30,767-$13,334$523,196$186,546
3$731,034$31,798-$12,374$516,569$214,465
4$752,965$32,862-$11,382$509,487$243,479
5$775,554$33,961-$10,357$501,918$273,636
6$798,821$35,096-$9,299$493,830$304,991
7$822,786$36,268-$8,205$485,186$337,599
8$847,469$37,478-$7,075$475,949$371,520
9$872,893$38,727-$5,908$466,077$406,816
10$899,080$40,017-$4,702$455,528$443,552
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.