9840 SW 48th St
Miami, FL 33165 · single_family · For Sale · 68 days on market
Asking price$625,000
4 beds 2 baths 1,440 sqft
Suggested offer$565,350$59,650 above the est. market value of $565,350.
View on Realtor.com →Listed by Jose Vilar - Westchester Realtor · EXP Realty, LLC
Typesingle_family
Built1953
Price / sqft$434
Est. value (own analysis)$565,350
Rent estimate (own analysis)$4,200/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-06-26
Removed date—
MLSMiamiMLS #A12032255
Coordinates25.72300, -80.35436
Address9840 SW 48th St
CityMiami
StateFL
Zip33165
Listing ID5442318038
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $625,000 |
| Down payment (20.0%) | $125,000 |
| Loan amount | $500,000 |
| Closing costs (5.0%) | $31,250 |
| Total cash to close | $156,250 |
| Income | |
| Rent (comp-derived) | $4,200$50,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,864$46,368 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $990$11,875 |
| Insurance (placeholder 0.8% of price) | $417$5,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $210$2,520 |
| Total operating expenses | $1,616$19,395 |
| 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) | $210$2,520 |
| 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 | 4 | 2 | 1,473 | $3,950 | 2026-08-12 | — | |
| single_family | 4 | 2 | 1,534 | $4,900 | 2026-08-05 | — | |
| single_family | 4 | 2 | 1,740 | $4,800 | 2026-06-17 | — | |
| single_family | 4 | 3 | 1,534 | $3,210 | 2026-06-06 | — | |
| single_family | 4 | 2 | 1,427 | $4,200 | 2026-08-04 | — | |
| single_family | 4 | 2 | 1,734 | $3,600 | 2026-07-30 | — | |
| single_family | 4 | 4 | 1,938 | $5,200 | 2026-08-23 | — | |
| single_family | 4 | 2 | 1,843 | $3,900 | 2026-02-25 | — | |
| single_family | 4 | 3 | 1,717 | $5,000 | 2026-02-23 | — | |
| single_family | 4 | 2 | 1,436 | $4,200 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 10055 SW 52nd Ter | single_family | 4 | 2 | 1,151 | $540,000 | 2026-08-31 |
| 10141 SW 46th St | single_family | 4 | 2 | 1,690 | $685,000 | 2026-08-31 |
| 11417 SW 35th Ln | single_family | 4 | 3 | 2,511 | $690,000 | 2026-08-28 |
| 10315 SW 26th Ter | single_family | 4 | 2 | 1,538 | $680,000 | 2026-08-17 |
| 3000 SW 103rd Ave | single_family | 4 | 4 | 2,325 | $1,425,000 | 2026-08-13 |
| 2810 SW 114th Ave | single_family | 4 | 4 | 2,275 | $1,000,000 | 2026-07-31 |
| 11071 SW 28th St | single_family | 4 | 4 | 4,472 | $1,920,000 | 2026-07-27 |
| 3080 SW 111th Ave | single_family | 4 | 3 | 3,035 | $1,420,000 | 2026-07-27 |
| 2914 SW 92nd Ct | single_family | 4 | 3 | 2,005 | $700,000 | 2026-07-24 |
| 10321 SW 17th St | single_family | 4 | 2 | 2,235 | $815,000 | 2026-07-23 |
| 3500 SW 87th Pl | single_family | 4 | 2 | 1,750 | $620,000 | 2026-07-16 |
| 11412 SW 41st St | single_family | 4 | 2 | 1,340 | $500,000 | 2026-07-10 |
| 4230 SW 111th Ave | single_family | 4 | 2 | 1,610 | $730,000 | 2026-07-06 |
| 10370 SW 44th St | single_family | 4 | 2 | 1,279 | $650,000 | 2026-07-06 |
| 3235 SW 93rd Ct | single_family | 4 | 2 | 1,928 | $650,000 | 2026-06-26 |
| 11210 SW 47th Ter | single_family | 4 | 3 | 1,974 | $775,000 | 2026-06-22 |
| 9410 SW 42nd St | single_family | 4 | 4 | 2,568 | $885,000 | 2026-06-19 |
| 9610 SW 16th St | single_family | 4 | 3 | 1,957 | $730,500 | 2026-06-05 |
| 3040 SW 111th Ave | single_family | 4 | 4 | 2,836 | $1,185,000 | 2026-06-04 |
| 9930 SW 40th Ter | single_family | 4 | 3 | 1,292 | $625,000 | 2026-06-04 |
| 2705 SW 108th Ct | single_family | 4 | 3 | 3,692 | $915,000 | 2026-06-02 |
| 9301 SW 46th Ter | single_family | 4 | 2 | 1,668 | $400,000 | 2026-05-29 |
| 9625 SW 47th St | single_family | 4 | 4 | 2,400 | $775,000 | 2026-05-29 |
| 9440 SW 54th St | single_family | 4 | 3 | 2,018 | $810,000 | 2026-05-19 |
| 11472 SW 28th Ter | single_family | 4 | 2 | 2,175 | $1,000,000 | 2026-05-14 |
| 2725 SW 102nd Ave | single_family | 4 | 2 | 1,575 | $889,000 | 2026-05-13 |
| 4725 SW 89th Ave | single_family | 4 | 2 | 2,962 | $1,701,000 | 2026-05-11 |
| 2023 SW 99th Ave | single_family | 4 | 3 | 1,798 | $720,000 | 2026-05-01 |
| 8930 SW 38th St | single_family | 4 | 4 | 2,009 | $690,000 | 2026-05-01 |
| 3521 SW 99th Ct | single_family | 4 | 4 | 3,041 | $966,000 | 2026-04-24 |
| 10760 SW 28th St | single_family | 4 | 2 | 1,507 | $680,000 | 2026-04-24 |
| 10945 SW 41st St | single_family | 4 | 2 | 1,253 | $610,000 | 2026-04-23 |
| 4341 SW 104th Ct | single_family | 4 | 2 | 1,436 | $655,000 | 2026-04-21 |
| 8700 SW 42nd Ter | single_family | 4 | 2 | 1,248 | $730,000 | 2026-04-17 |
| 11535 SW 32nd Ln | single_family | 4 | 3 | 2,139 | $650,000 | 2026-04-17 |
| 2232 SW 98th Pl | single_family | 4 | 2 | 2,265 | $780,000 | 2026-04-14 |
| 4325 SW 95th Ave | single_family | 4 | 3 | 3,102 | $1,085,000 | 2026-04-09 |
| 10510 SW 44th Ter | single_family | 4 | 2 | 1,962 | $750,000 | 2026-04-07 |
| 9510 SW 29th St | single_family | 4 | 3 | 2,360 | $685,000 | 2026-04-06 |
| 3101 SW 106th Ave | single_family | 4 | 3 | 1,685 | $765,000 | 2026-04-02 |
| 3210 SW 104th Ct | single_family | 4 | 2 | 2,193 | $575,000 | 2026-03-26 |
| 4315 SW 98th Ave | single_family | 4 | 2 | 1,520 | $745,000 | 2026-03-26 |
| 3711 SW 87th Ave | single_family | 4 | 3 | 2,928 | $910,000 | 2026-03-25 |
| 3540 SW 105th Ave | single_family | 4 | 2 | 1,454 | $550,000 | 2026-03-24 |
| 3250 SW 116th Pl | single_family | 4 | 2 | 1,740 | $670,000 | 2026-03-13 |
| 1630 SW 98th Ct | single_family | 4 | 2 | 2,032 | $750,000 | 2026-03-13 |
| 5250 SW 115th Ave | single_family | 4 | 3 | 1,911 | $730,000 | 2026-03-13 |
| 2585 SW 108th Ave | single_family | 4 | 2 | 2,017 | $880,000 | 2026-03-10 |
| 4235 SW 97th Ave | single_family | 4 | 3 | 1,988 | $880,000 | 2026-03-09 |
| 10251 SW 27th St | single_family | 4 | 2 | — | $749,000 | 2026-03-09 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2525 SW 107th Ct | single_family | 4 | 4 | 3,373 | $899,000 | — |
| 3352 SW 110th Ave | single_family | 4 | 4 | 3,170 | $2,199,517 | — |
| 5241 SW 104th Ave | single_family | 4 | 5 | 2,749 | $1,145,000 | — |
| 11390 SW 30th St | single_family | 4 | 3 | 3,584 | $2,800,000 | — |
| 10240 SW 35th St | single_family | 4 | 3 | 1,525 | $769,999 | — |
| 9007 SW 38th St | multi_family | 4 | 5 | 1,686 | $974,900 | — |
| 9551 SW 49th St | single_family | 4 | 3 | 1,300 | $885,000 | — |
| 9951 SW 41st Ter | single_family | 4 | 4 | — | $1,695,000 | — |
10-year hold projection
IRR4.3%
Equity multiple1.69x
Total return (10yr)$189,839
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $643,750 | $26,973 | -$14,105 | $494,579 | $149,171 |
| 2 | $663,063 | $27,879 | -$13,261 | $488,786 | $174,277 |
| 3 | $682,954 | $28,815 | -$12,390 | $482,594 | $200,360 |
| 4 | $703,443 | $29,781 | -$11,490 | $475,978 | $227,465 |
| 5 | $724,546 | $30,779 | -$10,560 | $468,907 | $255,639 |
| 6 | $746,283 | $31,810 | -$9,599 | $461,351 | $284,931 |
| 7 | $768,671 | $32,874 | -$8,606 | $453,276 | $315,395 |
| 8 | $791,731 | $33,972 | -$7,581 | $444,647 | $347,085 |
| 9 | $815,483 | $35,107 | -$6,521 | $435,424 | $380,059 |
| 10 | $839,948 | $36,278 | -$5,427 | $425,569 | $414,379 |
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.