19800 SW 180th Ave Lot 584

Miami, FL 33187 · mobile · For Sale · 4 days on market
Asking price$199,900
2 beds 2 baths 850 sqft
View on Realtor.com →
Listed by Rigoberto Montero · Henry Quintana Realty, Inc
Typemobile
Built
Price / sqft$235
Est. value (Realtor.com)$229,100
Rent estimate (own analysis)$2,225/mo
HOA$168/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-29
Removed date
MLSMiamiMLS #A12078333
Coordinates25.58173, -80.48098
Address19800 SW 180th Ave Lot 584
CityMiami
StateFL
Zip33187
Listing ID5521809442
Sourcerealtor, cached 2026-09-01

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$199,900
Down payment (20.0%)$39,980
Loan amount$159,920
Closing costs (5.0%)$9,995
Total cash to close$49,975
Rent (comp-derived)$2,225$26,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$26,700
Vacancy rate (assumption) assumption8.0%

$26,700 × 8.0% = $2,136

Effective gross income$2,047$24,564
Property tax (real MLS tax bill, from Realtor Search)$161$1,931
Insurance (placeholder 0.8% of price)$133$1,599
HOA dues$168$2,016
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$111$1,335
Total operating expenses$573$6,881
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$24,564
Total operating expenses derived$6,881

$24,564 − $6,881 = $17,683

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$159,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$159,920 amortized at 6.7% over 30 years = $1,028/mo

CapEx reserve (5.0% of GSR)$111$1,335
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$17,683
Annual debt service derived$12,332
Annual CapEx reserve assumption$1,335
Annual PMI assumption$0

($17,683 − $12,332 − $1,335 − $0) ÷ 12 = $335

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,683
Purchase price data$199,900

$17,683 ÷ $199,900 = 8.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$4,016
Total cash to close derived$49,975

$4,016 ÷ $49,975 = 8.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,683
Annual debt service derived$12,332

$17,683 ÷ $12,332 = 1.43

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$26,700
Purchase price data$199,900

($26,700 ÷ 12) ÷ $199,900 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$199,900
Gross scheduled rent (annual) comp$26,700

$199,900 ÷ $26,700 = 7.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$6,881
Effective gross income derived$24,564

$6,881 ÷ $24,564 = 28.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$6,881
Annual debt service derived$12,332
Annual PMI assumption$0
Gross scheduled rent (annual) comp$26,700

($6,881 + $12,332 + $0) ÷ $26,700 = 72.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
mobile211,430$1,8002026-07-05
mobile22$2,6502026-08-24

19800 SW 180th Ave Lot 583

Miami, 33187 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,430
Listed2026-07-05
Days on market

Asking rent: $1,800

View on Zillow →

Miami, 33187 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage
Listed2026-08-24
Days on market

Asking rent: $2,650

View on Zillow →

Widened to any bedroom count in ZIP. 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
19800 SW 180th Ave Lots 82 & 81mobile321,690$285,0002026-07-15
19800 SW 180th Ave Lot 247mobile321,170$260,0002026-07-13
19800 SW 180th Ave Lot 320mobile321,690$268,0002026-06-01
19800 SW 180th Ave Lot 86mobile431,430$290,0002026-04-23
19800 SW 180th Ave Lot 454mobile421,690$310,0002026-03-18
19800 SW 180th Ave Lot 144mobile321,690$225,0002026-03-13
19800 SW 180th Ave Lot 51mobile321,170$245,0002026-02-13
19800 Sw # 180mobile321,690$270,0002026-02-10
19800 SW 180th Ave Lot 394mobile321,170$182,0002025-12-29
19800 SW 180th Ave Lot 573mobile321,170$260,0002025-11-25
5498630025mobile321,690$310,0002025-11-18
19800 SW 180th Ave Lot 5mobile321,430$180,0002025-10-17
19800 SW 180th Ave Lot 123mobile321,170$240,0002025-09-05

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
19051 SW 147th Avesingle_family242,146$6,499,000
20304 SW 186th Stsingle_family221,110$999,900
19800 SW 180th Ave Lot 80mobile221,170$239,900

10-year hold projection

IRR17.5%
Equity multiple3.65x
Total return (10yr)$158,782
YearProperty valueNOICash flowLoan balanceEquity
1$205,897$17,683$4,016$158,186$47,711
2$212,074$18,248$4,547$156,333$55,741
3$218,436$18,830$5,096$154,353$64,083
4$224,989$19,431$5,662$152,237$72,752
5$231,739$20,051$6,246$149,975$81,764
6$238,691$20,691$6,848$147,558$91,133
7$245,852$21,351$7,470$144,976$100,876
8$253,227$22,031$8,112$142,215$111,012
9$260,824$22,733$8,774$139,266$121,558
10$268,649$23,457$9,457$136,114$132,535
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.