21625 SW 109th Ave
Miami, FL 33170 · single_family · For Sale · 19 days on market
Asking price$475,000
2 beds 1 baths 920 sqft
Suggested offer$341,918$133,082 above the est. market value of $341,918.
View on Realtor.com →Listed by Britzeida Jimenez · Best American Realty Corp
Typesingle_family
Built1951
Price / sqft$516
Est. value (own analysis)$341,918
Rent estimate (Zillow ZIP avg)$2,406/mo
HOANone
1 / 14
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Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12071604
Coordinates25.56572, -80.36789
Address21625 SW 109th Ave
CityMiami
StateFL
Zip33170
Listing ID5464345358
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33170)
Typical home value (ZHVI)$572,990
Typical rent (ZORI)$2,406/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 | $475,000 |
| Down payment (20.0%) | $95,000 |
| Loan amount | $380,000 |
| Closing costs (5.0%) | $23,750 |
| Total cash to close | $118,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,406$28,870 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,213$26,560 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $752$9,025 |
| Insurance (placeholder 0.8% of price) | $317$3,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $120$1,444 |
| Total operating expenses | $1,189$14,269 |
| 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) | $120$1,444 |
| 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 | 2 | 1 | 1,914 | $2,200 | 2026-07-20 | — | |
| single_family | 2 | 1 | 1,091 | $2,500 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 10955 SW 217th Ter | single_family | 2 | 1 | 918 | $445,000 | 2026-08-21 |
| 10930 SW 216th St | single_family | 2 | 1 | 720 | $220,000 | 2026-07-29 |
| 13251 SW 224th St | single_family | 2 | 1 | 3,322 | $845,000 | 2026-07-06 |
| 23060 SW 155th Ave | single_family | 2 | 1 | 1,376 | $545,000 | 2026-06-26 |
| 22300 SW 109th Ave | single_family | 2 | 2 | 1,296 | $450,000 | 2026-05-22 |
| 21640 SW 119th Ave | single_family | 2 | 1 | 572 | $280,000 | 2026-02-23 |
| 16530 SW 232nd St | single_family | 2 | 1 | 2,362 | $1,200,000 | 2025-12-02 |
| 23100 SW 123rd Ave | single_family | 2 | 1 | 837 | $215,000 | 2025-11-05 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 17350 SW 232nd St Lot 41 | single_family | 2 | 1 | 672 | $35,900 | — |
| 17350 SW 232nd St Lot 47 | mobile | 2 | 2 | 2,201 | $85,000 | — |
| 10785 SW 217th St | single_family | 2 | 1 | 1,398 | $528,910 | — |
| 14000 SW 216th St | single_family | 2 | 1 | 2,993 | $1,650,000 | — |
10-year hold projection
IRR-0.3%
Equity multiple0.94x
Total return (10yr)$55,349
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $489,250 | $12,292 | -$18,455 | $375,880 | $113,370 |
| 2 | $503,928 | $12,732 | -$18,051 | $371,477 | $132,450 |
| 3 | $519,045 | $13,187 | -$17,633 | $366,772 | $152,274 |
| 4 | $534,617 | $13,658 | -$17,201 | $361,743 | $172,873 |
| 5 | $550,655 | $14,144 | -$16,753 | $356,370 | $194,286 |
| 6 | $567,175 | $14,647 | -$16,290 | $350,627 | $216,548 |
| 7 | $584,190 | $15,168 | -$15,810 | $344,490 | $239,700 |
| 8 | $601,716 | $15,705 | -$15,314 | $337,931 | $263,784 |
| 9 | $619,767 | $16,261 | -$14,801 | $330,922 | $288,845 |
| 10 | $638,360 | $16,836 | -$14,271 | $323,432 | $314,928 |
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.