529 SW 79th Ave

Miami, FL 33144 · single_family · For Sale · 28 days on market
Asking price$780,000
3 beds 2 baths 1,663 sqft
Suggested offer$715,123$64,877 above the est. market value of $715,123.
View on Realtor.com →
Listed by an agent · Bravo & Partners Realty
Typesingle_family
Built1955
Price / sqft$469
Est. value (own analysis)$715,123
Rent estimate (own analysis)$3,750/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-05
Removed date
MLSMiamiMLS #A12066354
Coordinates25.76404, -80.32420
Address529 SW 79th Ave
CityMiami
StateFL
Zip33144
Listing ID5505047991
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33144)

Typical home value (ZHVI)$626,128
Typical rent (ZORI)$2,322/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$780,000
Down payment (20.0%)$156,000
Loan amount$624,000
Closing costs (5.0%)$39,000
Total cash to close$195,000
Rent (comp-derived)$3,750$45,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,000
Vacancy rate (assumption) assumption8.0%

$45,000 × 8.0% = $3,600

Effective gross income$3,450$41,400
Property tax (placeholder 1.9% of price)$1,235$14,820
Insurance (placeholder 0.8% of price)$520$6,240
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$188$2,250
Total operating expenses$1,943$23,310
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$41,400
Total operating expenses derived$23,310

$41,400 − $23,310 = $18,090

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$624,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$624,000 amortized at 6.7% over 30 years = $4,010/mo

CapEx reserve (5.0% of GSR)$188$2,250
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$18,090
Annual debt service derived$48,120
Annual CapEx reserve assumption$2,250
Annual PMI assumption$0

($18,090 − $48,120 − $2,250 − $0) ÷ 12 = -$2,690

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,090
Purchase price data$780,000

$18,090 ÷ $780,000 = 2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$32,280
Total cash to close derived$195,000

-$32,280 ÷ $195,000 = -16.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,090
Annual debt service derived$48,120

$18,090 ÷ $48,120 = 0.38

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,000
Purchase price data$780,000

($45,000 ÷ 12) ÷ $780,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$780,000
Gross scheduled rent (annual) comp$45,000

$780,000 ÷ $45,000 = 17.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,310
Effective gross income derived$41,400

$23,310 ÷ $41,400 = 56.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,310
Annual debt service derived$48,120
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,000

($23,310 + $48,120 + $0) ÷ $45,000 = 158.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,596$3,5502026-06-24
single_family321,224$3,9502026-08-13
single_family331,750$3,750

7931 SW 13th Ter Unit 7931

Miami, 33144 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,596
Listed2026-06-24
Days on market

Asking rent: $3,550

View on Zillow →

6102 SW 13th St Unit 0

West Miami, 33144 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,224
Listed2026-08-13
Days on market

Asking rent: $3,950

View on Zillow →

5984 SW 8th St

West Miami, 33144 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,750
Listed
Days on market

Asking rent: $3,750

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
370 Flagami Blvdsingle_family331,845$695,0002026-08-21
610 SW 66th Avesingle_family322,362$650,0002026-08-18
5951 SW 4th Stsingle_family321,812$600,0002026-08-04
8341 SW 14th Stsingle_family321,608$820,0002026-07-31
8301 SW 14th Stsingle_family321,353$487,5002026-07-30
8445 SW 5th Stsingle_family322,562$1,700,0002026-07-29
6770 SW 15th Stsingle_family321,596$610,0002026-07-27
6047 SW 14th Stsingle_family321,526$721,7502026-07-16
35 SW 63rd Ctsingle_family321,662$689,0002026-07-15
7373 SW 6th Stsingle_family311,522$799,0002026-07-02
5955 SW 4th Stsingle_family321,008$510,0002026-06-11
6615 SW 4th Stsingle_family321,670$732,0002026-06-10
5851 SW 15th Stsingle_family321,395$785,0002026-06-09
445 SW 62nd Ctsingle_family321,941$810,0002026-06-01
231 SW 67th Avesingle_family321,575$480,0002026-05-29
1310 SW 78th Avesingle_family321,960$785,0002026-05-27
5940 SW 10th Stsingle_family321,683$700,0002026-05-20
651 Tamiami Blvdsingle_family311,258$540,0002026-05-12
6337 SW 11th Stsingle_family321,220$765,0002026-05-06
5850 SW 13th Tersingle_family321,688$650,0002026-04-30
6091 SW 12th Stsingle_family321,356$675,0002026-04-28
1400 SW 62nd Avesingle_family311,154$695,0002026-04-17
1170 SW 85th Ctsingle_family321,741$750,0002026-03-31
1420 SW 82nd Avesingle_family321,410$700,0002026-03-25
415 Flagami Blvdsingle_family311,295$510,0002026-02-12
941 SW 72nd Ctsingle_family321,530$490,0002026-02-09
6841 SW 1st Stsingle_family321,377$585,0002026-02-05
6457 SW 14th Stsingle_family321,565$682,0002026-01-20
6751 SW 13th Tersingle_family321,619$630,0002026-01-08
955 SW 75th Avesingle_family33945$540,0002025-12-19
5860 SW 14th Stsingle_family32990$600,0002025-12-18
5741 SW 13th Stsingle_family321,468$830,0002025-12-05
1501 SW 63rd Avesingle_family311,466$550,0002025-11-26
8120 SW 10th Tersingle_family321,433$620,0002025-11-19
6377 SW 15th Stsingle_family321,498$650,0002025-10-31
7280 SW 9th Stsingle_family332,823$700,0002025-10-30
6723 SW 13th Tersingle_family321,323$550,0002025-10-21
5801 SW 14th Stsingle_family311,453$575,0002025-10-14
1351 SW 74th Avesingle_family311,119$525,0002025-10-14
560 SW 71st Ctsingle_family341,270$570,0002025-10-07
6811 SW 5th Tersingle_family331,306$689,0002025-10-02
100 SW 67th Ctsingle_family321,462$590,0002025-10-01
1111 SW 85th Avesingle_family321,452$665,0002025-09-23
1315 SW 78th Plsingle_family322,443$890,0002025-09-18

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
7993 SW 9th Tercondos321,240$729,000
120 SW 59th Avesingle_family321,230$625,000
10 SW 72nd Avesingle_family321,300$670,000
8350 SW 12th Tersingle_family321,496$650,000
507 Flagami Blvdsingle_family321,756$559,000
400 Central Blvdsingle_family322,072$920,000
7281 SW 13th Tersingle_family331,513$635,000
310 SW 65th Avesingle_family321,937$829,000

10-year hold projection

IRR-1.1%
Equity multiple0.83x
Total return (10yr)$68,193
YearProperty valueNOICash flowLoan balanceEquity
1$803,400$18,090-$32,280$617,234$186,166
2$827,502$18,749-$31,677$610,004$217,498
3$852,327$19,431-$31,053$602,278$250,049
4$877,897$20,137-$30,406$594,021$283,876
5$904,234$20,866-$29,737$585,196$319,037
6$931,361$21,621-$29,045$575,766$355,595
7$959,302$22,401-$28,328$565,688$393,613
8$988,081$23,209-$27,586$554,919$433,162
9$1,017,723$24,043-$26,818$543,409$474,314
10$1,048,255$24,907-$26,023$531,109$517,145
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.