3610 SW 113th Pl

Miami, FL 33165 · single_family · For Sale · 128 days on market
Asking price$685,000
4 beds 3 baths 2,246 sqft
View on Realtor.com →
Listed by Christopher Blanc · Equiestate, Corp.
Typesingle_family
Built1980
Price / sqft$305
Est. value (own analysis)$881,788
Rent estimate (own analysis)$4,225/mo
HOA$29/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-28
Removed date
MLSMiamiMLS #A12008824
Coordinates25.73544, -80.37948
Address3610 SW 113th Pl
CityMiami
StateFL
Zip33165
Listing ID5307266262
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33165)

Typical home value (ZHVI)$684,538
Typical rent (ZORI)$3,219/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$685,000
Down payment (20.0%)$137,000
Loan amount$548,000
Closing costs (5.0%)$34,250
Total cash to close$171,250
Rent (comp-derived)$4,225$50,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$50,700
Vacancy rate (assumption) assumption8.0%

$50,700 × 8.0% = $4,056

Effective gross income$3,887$46,644
Property tax (placeholder 1.9% of price)$1,085$13,015
Insurance (placeholder 0.8% of price)$457$5,480
HOA dues$29$348
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$211$2,535
Total operating expenses$1,782$21,378
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$46,644
Total operating expenses derived$21,378

$46,644 − $21,378 = $25,266

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$548,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$548,000 amortized at 6.7% over 30 years = $3,522/mo

CapEx reserve (5.0% of GSR)$211$2,535
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$25,266
Annual debt service derived$42,259
Annual CapEx reserve assumption$2,535
Annual PMI assumption$0

($25,266 − $42,259 − $2,535 − $0) ÷ 12 = -$1,627

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,266
Purchase price data$685,000

$25,266 ÷ $685,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$19,528
Total cash to close derived$171,250

-$19,528 ÷ $171,250 = -11.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,266
Annual debt service derived$42,259

$25,266 ÷ $42,259 = 0.60

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$50,700
Purchase price data$685,000

($50,700 ÷ 12) ÷ $685,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$685,000
Gross scheduled rent (annual) comp$50,700

$685,000 ÷ $50,700 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,378
Effective gross income derived$46,644

$21,378 ÷ $46,644 = 45.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,378
Annual debt service derived$42,259
Annual PMI assumption$0
Gross scheduled rent (annual) comp$50,700

($21,378 + $42,259 + $0) ÷ $50,700 = 125.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family452,466$17,0002026-08-19
single_family421,473$3,9502026-08-12
single_family421,534$4,9002026-08-05
single_family422,808$4,0002026-06-19
single_family421,740$4,8002026-06-17
single_family431,534$3,2102026-06-06
single_family422,364$7,0002026-08-03
single_family421,734$3,6002026-07-30
single_family441,938$5,2002026-08-23
single_family422,324$4,2002026-08-21
single_family432,016$3,8002026-03-04
single_family421,843$3,9002026-02-25
single_family431,717$5,0002026-02-23
single_family421,954$5,350
single_family432,292$3,6002026-08-28
single_family431,950$4,2502026-08-31

8761 SW 56th St

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,466
Listed2026-08-19
Days on market

Asking rent: $17,000

View on Zillow →

3101 SW 102nd Pl Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,473
Listed2026-08-12
Days on market

Asking rent: $3,950

View on Zillow →

8811 SW 54th Ter Unit 8811

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,534
Listed2026-08-05
Days on market

Asking rent: $4,900

View on Zillow →

5200 SW 89th Pl

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,808
Listed2026-06-19
Days on market

Asking rent: $4,000

View on Zillow →

10501 SW 53rd St

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,740
Listed2026-06-17
Days on market

Asking rent: $4,800

View on Zillow →

10020 SW 37th St

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,534
Listed2026-06-06
Days on market

Asking rent: $3,210

View on Zillow →

4651 SW 97th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,364
Listed2026-08-03
Days on market

Asking rent: $7,000

View on Zillow →

3310 SW 92nd Pl

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,734
Listed2026-07-30
Days on market

Asking rent: $3,600

View on Zillow →

10310 SW 43rd St Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,938
Listed2026-08-23
Days on market

Asking rent: $5,200

View on Zillow →

5380 SW 92nd Ave

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,324
Listed2026-08-21
Days on market

Asking rent: $4,200

View on Zillow →

10932 SW 25th St

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,016
Listed2026-03-04
Days on market

Asking rent: $3,800

View on Zillow →

10835 SW 41st Ter

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,843
Listed2026-02-25
Days on market

Asking rent: $3,900

View on Zillow →

5521 SW 104th Ave

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,717
Listed2026-02-23
Days on market

Asking rent: $5,000

View on Zillow →

10330 SW 51st St

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,954
Listed
Days on market

Asking rent: $5,350

View on Zillow →

4900 SW 103rd Pl Unit 1

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,292
Listed2026-08-28
Days on market

Asking rent: $3,600

View on Zillow →

9441 SW 27th Dr

Miami, 33165 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,950
Listed2026-08-31
Days on market

Asking rent: $4,250

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
10055 SW 52nd Tersingle_family421,151$540,0002026-08-31
10141 SW 46th Stsingle_family421,690$685,0002026-08-31
11417 SW 35th Lnsingle_family432,511$690,0002026-08-28
10315 SW 26th Tersingle_family421,538$680,0002026-08-17
3000 SW 103rd Avesingle_family442,325$1,425,0002026-08-13
2810 SW 114th Avesingle_family442,275$1,000,0002026-07-31
11071 SW 28th Stsingle_family444,472$1,920,0002026-07-27
3080 SW 111th Avesingle_family433,035$1,420,0002026-07-27
2914 SW 92nd Ctsingle_family432,005$700,0002026-07-24
10321 SW 17th Stsingle_family422,235$815,0002026-07-23
3500 SW 87th Plsingle_family421,750$620,0002026-07-16
11412 SW 41st Stsingle_family421,340$500,0002026-07-10
4230 SW 111th Avesingle_family421,610$730,0002026-07-06
10370 SW 44th Stsingle_family421,279$650,0002026-07-06
3235 SW 93rd Ctsingle_family421,928$650,0002026-06-26
11210 SW 47th Tersingle_family431,974$775,0002026-06-22
9410 SW 42nd Stsingle_family442,568$885,0002026-06-19
9610 SW 16th Stsingle_family431,957$730,5002026-06-05
3040 SW 111th Avesingle_family442,836$1,185,0002026-06-04
9930 SW 40th Tersingle_family431,292$625,0002026-06-04
2705 SW 108th Ctsingle_family433,692$915,0002026-06-02
9301 SW 46th Tersingle_family421,668$400,0002026-05-29
9625 SW 47th Stsingle_family442,400$775,0002026-05-29
9440 SW 54th Stsingle_family432,018$810,0002026-05-19
11472 SW 28th Tersingle_family422,175$1,000,0002026-05-14
2725 SW 102nd Avesingle_family421,575$889,0002026-05-13
4725 SW 89th Avesingle_family422,962$1,701,0002026-05-11
2023 SW 99th Avesingle_family431,798$720,0002026-05-01
8930 SW 38th Stsingle_family442,009$690,0002026-05-01
3521 SW 99th Ctsingle_family443,041$966,0002026-04-24
10760 SW 28th Stsingle_family421,507$680,0002026-04-24
10945 SW 41st Stsingle_family421,253$610,0002026-04-23
4341 SW 104th Ctsingle_family421,436$655,0002026-04-21
8700 SW 42nd Tersingle_family421,248$730,0002026-04-17
11535 SW 32nd Lnsingle_family432,139$650,0002026-04-17
2232 SW 98th Plsingle_family422,265$780,0002026-04-14
4325 SW 95th Avesingle_family433,102$1,085,0002026-04-09
10510 SW 44th Tersingle_family421,962$750,0002026-04-07
9510 SW 29th Stsingle_family432,360$685,0002026-04-06
3101 SW 106th Avesingle_family431,685$765,0002026-04-02
3210 SW 104th Ctsingle_family422,193$575,0002026-03-26
4315 SW 98th Avesingle_family421,520$745,0002026-03-26
3711 SW 87th Avesingle_family432,928$910,0002026-03-25
3540 SW 105th Avesingle_family421,454$550,0002026-03-24
3250 SW 116th Plsingle_family421,740$670,0002026-03-13
1630 SW 98th Ctsingle_family422,032$750,0002026-03-13
5250 SW 115th Avesingle_family431,911$730,0002026-03-13
2585 SW 108th Avesingle_family422,017$880,0002026-03-10
4235 SW 97th Avesingle_family431,988$880,0002026-03-09
10251 SW 27th Stsingle_family42$749,0002026-03-09

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
2525 SW 107th Ctsingle_family443,373$899,000
3352 SW 110th Avesingle_family443,170$2,199,517
5241 SW 104th Avesingle_family452,749$1,145,000
11390 SW 30th Stsingle_family433,584$2,800,000
10240 SW 35th Stsingle_family431,525$769,999
9007 SW 38th Stmulti_family451,686$974,900
9551 SW 49th Stsingle_family431,300$885,000
9951 SW 41st Tersingle_family44$1,695,000

10-year hold projection

IRR2.6%
Equity multiple1.42x
Total return (10yr)$161,384
YearProperty valueNOICash flowLoan balanceEquity
1$705,550$25,266-$19,528$542,058$163,492
2$726,717$26,131-$18,727$535,709$191,008
3$748,518$27,024-$17,898$528,923$219,595
4$770,974$27,947-$17,042$521,672$249,302
5$794,103$28,901-$16,156$513,922$280,181
6$817,926$29,886-$15,241$505,640$312,286
7$842,464$30,903-$14,296$496,790$345,674
8$867,738$31,955-$13,318$487,331$380,406
9$893,770$33,040-$12,308$477,224$416,546
10$920,583$34,162-$11,263$466,422$454,161
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.