5030 SW 113th Ct

Miami, FL 33165 · single_family · For Sale · 51 days on market
Asking price$680,000
2 beds 2 baths 1,100 sqft
Suggested offer$590,227$89,773 above the est. market value of $590,227.
View on Realtor.com →
Listed by Jacqueline Diaz · Coldwell Banker Realty
Typesingle_family
Built1957
Price / sqft$618
Est. value (own analysis)$590,227
Rent estimate (own analysis)$2,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-13
Removed date
MLSMiamiMLS #A12050885
Coordinates25.72008, -80.37868
Address5030 SW 113th Ct
CityMiami
StateFL
Zip33165
Listing ID5409002285
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$680,000
Down payment (20.0%)$136,000
Loan amount$544,000
Closing costs (5.0%)$34,000
Total cash to close$170,000
Rent (comp-derived)$2,950$35,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$35,400
Vacancy rate (assumption) assumption8.0%

$35,400 × 8.0% = $2,832

Effective gross income$2,714$32,568
Property tax (placeholder 1.9% of price)$1,077$12,920
Insurance (placeholder 0.8% of price)$453$5,440
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$148$1,770
Total operating expenses$1,678$20,130
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,568
Total operating expenses derived$20,130

$32,568 − $20,130 = $12,438

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$544,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$544,000 amortized at 6.7% over 30 years = $3,496/mo

CapEx reserve (5.0% of GSR)$148$1,770
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$12,438
Annual debt service derived$41,951
Annual CapEx reserve assumption$1,770
Annual PMI assumption$0

($12,438 − $41,951 − $1,770 − $0) ÷ 12 = -$2,607

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,438
Purchase price data$680,000

$12,438 ÷ $680,000 = 1.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$31,283
Total cash to close derived$170,000

-$31,283 ÷ $170,000 = -18.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,438
Annual debt service derived$41,951

$12,438 ÷ $41,951 = 0.30

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$35,400
Purchase price data$680,000

($35,400 ÷ 12) ÷ $680,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$680,000
Gross scheduled rent (annual) comp$35,400

$680,000 ÷ $35,400 = 19.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$20,130
Effective gross income derived$32,568

$20,130 ÷ $32,568 = 61.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$20,130
Annual debt service derived$41,951
Annual PMI assumption$0
Gross scheduled rent (annual) comp$35,400

($20,130 + $41,951 + $0) ÷ $35,400 = 175.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family211,611$3,3002026-08-14
single_family222,109$3,0002026-08-04
single_family211,732$2,6502026-08-04
single_family21750$1,9752026-07-29
single_family21818$2,9502026-08-26

4175 SW 87th Ave Unit 1

Miami, 33165 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,611
Listed2026-08-14
Days on market

Asking rent: $3,300

View on Zillow →

Miami, 33165 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage2,109
Listed2026-08-04
Days on market

Asking rent: $3,000

View on Zillow →

8805 SW 43rd Ter Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,732
Listed2026-08-04
Days on market

Asking rent: $2,650

View on Zillow →

10370 SW 24th St Unit B

Miami, 33165 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage750
Listed2026-07-29
Days on market

Asking rent: $1,975

View on Zillow →

11285 SW 43rd St

Miami, 33165 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage818
Listed2026-08-26
Days on market

Asking rent: $2,950

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
4641 SW 99th Ctsingle_family21812$550,0002026-08-31
4901 SW 97th Avesingle_family221,327$580,0002026-08-04
10730 SW 47th Stsingle_family211,000$610,0002026-07-07
10532 SW 21st Lnsingle_family221,138$485,0002026-05-12
5020 SW 93rd Ctsingle_family212,100$500,0002026-05-11
10741 SW 48th Tersingle_family21848$600,0002026-05-06
3820 SW 88th Ctsingle_family21800$445,0002026-04-14
9200 SW 45th Tersingle_family211,300$800,0002026-03-26
2102 SW 106th Ctsingle_family221,138$490,0002026-03-26
2525 SW 88th Avesingle_family21825$500,0002026-03-18
11065 SW 52nd Drsingle_family221,155$597,0002026-03-18
2054 SW 102nd Ctsingle_family22964$455,0002026-03-16

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
10110 SW 22nd Tertownhomes21964$509,999
4641 SW 99th Ctsingle_family21812$559,000
8990 SW 24th St Apt 19condos221,015$325,000
1809 SW 107th Ave Apt 2707townhomes22828$365,900
10541 SW 21st Lnsingle_family221,138$534,990
10300 Coral Way Unit C25condos22830$300,000
10112 SW 23rd Sttownhomes21824$434,999
9265 SW 38th Stsingle_family211,298$659,900

10-year hold projection

IRR-2.3%
Equity multiple0.61x
Total return (10yr)$23,340
YearProperty valueNOICash flowLoan balanceEquity
1$700,400$12,438-$31,283$538,102$162,298
2$721,412$12,912-$30,853$531,799$189,613
3$743,054$13,402-$30,408$525,063$217,992
4$765,346$13,910-$29,947$517,864$247,482
5$788,306$14,436-$29,469$510,171$278,135
6$811,956$14,980-$28,973$501,950$310,006
7$836,314$15,543-$28,460$493,164$343,150
8$861,404$16,126-$27,928$483,775$377,629
9$887,246$16,730-$27,378$473,741$413,505
10$913,863$17,354-$26,807$463,018$450,845
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.