11241 SW 177th St

Miami, FL 33157 · single_family · For Sale · 49 days on market
Asking price$699,999
4 beds 3 baths 1,473 sqft
Suggested offer$607,023$92,976 above the est. market value of $607,023.
View on Realtor.com →
Listed by Cesar A. Villegas III · Realty One Group Evolution
Typesingle_family
Built1961
Price / sqft$475
Est. value (own analysis)$607,023
Rent estimate (own analysis)$4,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-16
Removed date
MLSMiamiMLS #A12052365
Coordinates25.60484, -80.37412
Address11241 SW 177th St
CityMiami
StateFL
Zip33157
Listing ID5312125356
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)

Purchase price$699,999
Down payment (20.0%)$140,000
Loan amount$559,999
Closing costs (5.0%)$35,000
Total cash to close$175,000
Rent (comp-derived)$4,500$54,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$54,000
Vacancy rate (assumption) assumption8.0%

$54,000 × 8.0% = $4,320

Effective gross income$4,140$49,680
Property tax (placeholder 1.9% of price)$1,108$13,300
Insurance (placeholder 0.8% of price)$467$5,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$225$2,700
Total operating expenses$1,800$21,600
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$49,680
Total operating expenses derived$21,600

$49,680 − $21,600 = $28,080

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$559,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$559,999 amortized at 6.7% over 30 years = $3,599/mo

CapEx reserve (5.0% of GSR)$225$2,700
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$28,080
Annual debt service derived$43,185
Annual CapEx reserve assumption$2,700
Annual PMI assumption$0

($28,080 − $43,185 − $2,700 − $0) ÷ 12 = -$1,484

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$28,080
Purchase price data$699,999

$28,080 ÷ $699,999 = 4.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$17,804
Total cash to close derived$175,000

-$17,804 ÷ $175,000 = -10.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$28,080
Annual debt service derived$43,185

$28,080 ÷ $43,185 = 0.65

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$54,000
Purchase price data$699,999

($54,000 ÷ 12) ÷ $699,999 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$699,999
Gross scheduled rent (annual) comp$54,000

$699,999 ÷ $54,000 = 13.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,600
Effective gross income derived$49,680

$21,600 ÷ $49,680 = 43.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,600
Annual debt service derived$43,185
Annual PMI assumption$0
Gross scheduled rent (annual) comp$54,000

($21,600 + $43,185 + $0) ÷ $54,000 = 120.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,372$3,3002026-08-20
single_family421,518$4,0002026-08-13
single_family421,627$3,8502026-08-12
single_family431,703$5,0002026-06-25
single_family431,100$3,9002026-07-31
single_family431,660$3,3002026-07-31
single_family421,663$3,8002026-07-28
single_family431,896$3,5992026-07-27
single_family421,574$3,4002026-08-21
single_family421,981$6,0002026-07-31
single_family421,752$5,2002026-08-23
single_family421,894$4,4002026-06-02
single_family421,689$4,5002026-08-14
single_family431,703$5,0002026-08-27
single_family431,949$4,500
single_family421,752$5,2002026-08-27
single_family441,319$4,600
single_family431,680$4,7002026-08-29
single_family421,704$5,8902026-08-30

10204 SW 173rd St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,372
Listed2026-08-20
Days on market

Asking rent: $3,300

View on Zillow →

15900 SW 102nd Ave Unit 0

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,518
Listed2026-08-13
Days on market

Asking rent: $4,000

View on Zillow →

9940 SW 155th St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,627
Listed2026-08-12
Days on market

Asking rent: $3,850

View on Zillow →

10010 SW 162nd St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,703
Listed2026-06-25
Days on market

Asking rent: $5,000

View on Zillow →

10851 SW 152nd St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,100
Listed2026-07-31
Days on market

Asking rent: $3,900

View on Zillow →

18951 SW 113th Pl

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,660
Listed2026-07-31
Days on market

Asking rent: $3,300

View on Zillow →

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,663
Listed2026-07-28
Days on market

Asking rent: $3,800

View on Zillow →

10235 SW 177th St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,896
Listed2026-07-27
Days on market

Asking rent: $3,599

View on Zillow →

10565 SW 156th Ln Unit 0

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,574
Listed2026-08-21
Days on market

Asking rent: $3,400

View on Zillow →

16840 SW 87th Ave

Palmetto Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,981
Listed2026-07-31
Days on market

Asking rent: $6,000

View on Zillow →

18465 SW 89th Ct

Cutler Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,752
Listed2026-08-23
Days on market

Asking rent: $5,200

View on Zillow →

9501 Palmetto Club Ln E Unit 9501

Palmetto Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,894
Listed2026-06-02
Days on market

Asking rent: $4,400

View on Zillow →

19431 Franjo Rd Unit 19431

Cutler Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,689
Listed2026-08-14
Days on market

Asking rent: $4,500

View on Zillow →

10012 SW 162nd St

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,703
Listed2026-08-27
Days on market

Asking rent: $5,000

View on Zillow →

9312 SW 182nd St # 0

Palmetto Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,949
Listed
Days on market

Asking rent: $4,500

View on Zillow →

18468 SW 89th Ct

Cutler Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,752
Listed2026-08-27
Days on market

Asking rent: $5,200

View on Zillow →

19850 Franjo Rd

Cutler Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,319
Listed
Days on market

Asking rent: $4,600

View on Zillow →

15825 SW 103rd Pl

Miami, 33157 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,680
Listed2026-08-29
Days on market

Asking rent: $4,700

View on Zillow →

18641 Belview Dr

Cutler Bay, 33157 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,704
Listed2026-08-30
Days on market

Asking rent: $5,890

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
10835 SW 152nd Tersingle_family421,807$708,0002026-08-31
7845 SW 161st Stsingle_family432,368$1,500,0002026-08-31
7980 SW 184th Tersingle_family464,703$1,900,0002026-08-28
19801 SW 114th Ctsingle_family422,424$440,0002026-08-28
7844 SW 179th Tersingle_family422,673$1,275,0002026-08-13
15421 SW 79th Avesingle_family422,773$1,740,0002026-08-12
10210 SW 175th Stsingle_family421,397$505,0002026-08-05
8050 SW 170th Stsingle_family422,130$1,175,0002026-08-03
16911 SW 115th Avesingle_family421,806$730,0002026-07-31
16420 SW 81st Avesingle_family422,399$1,060,0002026-07-31
17071 SW 86th Avesingle_family421,988$1,015,0002026-07-31
8900 SW 159th Tersingle_family432,518$1,001,0002026-07-30
7301 SW 165th Stsingle_family433,168$1,650,0002026-07-27
10830 SW 170th Tersingle_family452,386$750,0002026-07-24
7330 SW 165th Stsingle_family432,748$1,750,0002026-07-22
10611 SW 170th Tersingle_family421,390$485,0002026-07-21
8120 SW 162nd Stsingle_family423,241$1,512,5002026-07-21
11260 SW 181st Tersingle_family421,905$600,0002026-07-21
8111 SW 183rd Stsingle_family433,573$1,600,0002026-07-20
9110 Caribbean Blvdsingle_family432,133$700,0002026-07-20
17143 SW 79th Plsingle_family422,622$1,260,0002026-07-17
18931 SW 97th Avesingle_family421,666$755,0002026-07-16
18425 SW 87th Ctsingle_family432,202$775,0002026-07-15
16414 SW 99th Ctsingle_family422,034$650,0002026-07-10
17737 SW 86th Avesingle_family422,203$1,200,0002026-07-10
15525 SW 77th Ctsingle_family422,467$1,100,0002026-07-10
8445 SW 158th Stsingle_family422,651$1,542,0002026-07-02
16315 SW 88th Ctsingle_family432,704$1,870,0002026-07-02
7605 SW 179th Tersingle_family422,328$975,0002026-07-02
16010 SW 100th Ctsingle_family432,503$485,0002026-07-01
16141 SW 83rd Avesingle_family432,762$1,320,0002026-07-01
16745 SW 74th Ctsingle_family422,339$950,0002026-06-30
16167 SW 74th Plsingle_family432,631$1,295,0002026-06-30
7500 SW 175th Stsingle_family422,276$1,476,5002026-06-30
19641 Belview Drsingle_family421,714$555,0002026-06-29
8263 SW 160th Stsingle_family433,328$1,475,0002026-06-25
9280 SW 164th Stsingle_family422,456$800,0002026-06-24
10471 SW 174th Tersingle_family421,651$560,0002026-06-24
18455 SW 84th Ctsingle_family422,226$650,0002026-06-23
8220 SW 193rd Tersingle_family443,232$1,400,0002026-06-22
16869 SW 109th Plsingle_family431,869$600,0002026-06-22
15255 SW 99th Ctsingle_family421,635$605,0002026-06-19
10565 SW 156th Lnsingle_family421,574$560,0002026-06-19
8345 SW 168th Tersingle_family432,625$1,040,0002026-06-15
17520 SW 89th Avesingle_family421,953$1,175,0002026-06-12
16341 SW 104th Avesingle_family421,519$635,0002026-06-12
9014 SW 163rd Tersingle_family421,635$782,0002026-06-11
7749 SW 184th Waysingle_family432,770$957,5002026-06-08
16435 SW 89th Avesingle_family433,364$1,120,0002026-06-08
8241 SW 183rd Stsingle_family432,888$962,5002026-06-05

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
16111 SW 103rd Ctsingle_family421,765$650,000
10235 SW 177th Stsingle_family431,896$611,900
16101 SW 98th Avesingle_family421,350$695,000
9940 SW 155th Stsingle_family421,627$710,000
19811 SW 116th Avesingle_family42$535,000
10360 SW 172nd Stsingle_family41889$379,999
10210 SW 173rd Stsingle_family421,250$400,000
11271 SW 176th Stsingle_family431,909$665,000

10-year hold projection

IRR3.5%
Equity multiple1.56x
Total return (10yr)$189,544
YearProperty valueNOICash flowLoan balanceEquity
1$720,999$28,080-$17,804$553,928$167,071
2$742,629$29,030-$16,922$547,439$195,190
3$764,908$30,012-$16,009$540,505$224,403
4$787,855$31,026-$15,066$533,094$254,761
5$811,491$32,073-$14,092$525,175$286,316
6$835,835$33,154-$13,085$516,712$319,124
7$860,910$34,271-$12,045$507,668$353,243
8$886,738$35,425-$10,969$498,002$388,736
9$913,340$36,616-$9,859$487,673$425,667
10$940,740$37,846-$8,711$476,635$464,105
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.