12817 SW 67th Ter

Miami, FL 33183 · townhomes · For Sale · 19 days on market
Asking price$595,000
2 beds 3 baths 1,914 sqft
View on Realtor.com →
Listed by Lydia Esther Balda · Casabella Miami Realty
Typetownhomes
Built1980
Price / sqft$311
Est. value (own analysis)$676,335
Rent estimate (own analysis)$2,825/mo
HOA$220/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-12
Removed date
MLSMiamiMLS #A12068992
Coordinates25.70484, -80.40023
Address12817 SW 67th Ter
CityMiami
StateFL
Zip33183
Listing ID5531074140
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33183)

Typical home value (ZHVI)$399,570
Typical rent (ZORI)$2,514/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$595,000
Down payment (20.0%)$119,000
Loan amount$476,000
Closing costs (5.0%)$29,750
Total cash to close$148,750
Rent (comp-derived)$2,825$33,900
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$33,900
Vacancy rate (assumption) assumption8.0%

$33,900 × 8.0% = $2,712

Effective gross income$2,599$31,188
Property tax (placeholder 1.9% of price)$942$11,305
Insurance (placeholder 0.8% of price)$397$4,760
HOA dues$220$2,640
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$141$1,695
Total operating expenses$1,700$20,400
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$31,188
Total operating expenses derived$20,400

$31,188 − $20,400 = $10,788

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$476,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$476,000 amortized at 6.7% over 30 years = $3,059/mo

CapEx reserve (5.0% of GSR)$141$1,695
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$10,788
Annual debt service derived$36,707
Annual CapEx reserve assumption$1,695
Annual PMI assumption$0

($10,788 − $36,707 − $1,695 − $0) ÷ 12 = -$2,301

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,788
Purchase price data$595,000

$10,788 ÷ $595,000 = 1.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$27,614
Total cash to close derived$148,750

-$27,614 ÷ $148,750 = -18.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,788
Annual debt service derived$36,707

$10,788 ÷ $36,707 = 0.29

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$33,900
Purchase price data$595,000

($33,900 ÷ 12) ÷ $595,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$595,000
Gross scheduled rent (annual) comp$33,900

$595,000 ÷ $33,900 = 17.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$20,400
Effective gross income derived$31,188

$20,400 ÷ $31,188 = 65.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$20,400
Annual debt service derived$36,707
Annual PMI assumption$0
Gross scheduled rent (annual) comp$33,900

($20,400 + $36,707 + $0) ÷ $33,900 = 168.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes231,346$2,7502026-08-03
townhomes231,914$3,2002026-08-25
townhomes231,395$2,6502026-08-24
townhomes231,395$2,9002026-02-27

8383 SW 137th Ave Unit 8383

Miami, 33183 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,346
Listed2026-08-03
Days on market

Asking rent: $2,750

View on Zillow →

6820 SW 128th Ct Unit 6820

Miami, 33183 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,914
Listed2026-08-25
Days on market

Asking rent: $3,200

View on Zillow →

13705 SW 84th St Apt F

Miami, 33183 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,395
Listed2026-08-24
Days on market

Asking rent: $2,650

View on Zillow →

13725 SW 84th St Apt C

Miami, 33183 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,395
Listed2026-02-27
Days on market

Asking rent: $2,900

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
6250 SW 130th Ave Apt 702townhomes231,100$390,0002026-08-24
8749 SW 137th Ave Unit 8749townhomes231,346$335,0002026-08-21
13890 SW 64th Sttownhomes231,200$445,0002026-07-31
13501 SW 62nd St Unit 101townhomes231,334$400,0002026-06-30
12849 SW 65th Sttownhomes221,170$455,0002026-06-26
13731 SW 84th St Unit C11townhomes231,395$335,0002026-06-24
8769 SW 137th Ave Unit 8769townhomes231,346$262,0002026-06-12
12853 SW 64th Lntownhomes221,170$449,0002026-06-12
13855 SW 64th St Unit 13855townhomes231,200$435,0002026-06-11
6346 SW 136th Ct Unit 110Htownhomes231,340$376,0002026-06-09
13446 SW 62nd St Unit 102Etownhomes231,160$409,9002026-06-05
7027 SW 127th Cttownhomes221,025$455,0002026-06-03
5914 SW 133rd Cttownhomes22962$379,0002026-05-28
14371 SW 62nd Sttownhomes221,471$436,0002026-04-21
6279 SW 128th Cttownhomes231,170$424,9992026-04-16
6309 SW 138th Pltownhomes231,308$409,5002026-03-31
13900 SW 65th Ter Unit 9townhomes22896$300,0002026-03-03
13270 SW 58th Ter Unit 9-5townhomes22936$350,0002026-02-28
8317 SW 137th Ave Unit 8317townhomes231,346$360,0002026-01-30

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
14250 SW 62nd St Apt 408condos221,020$275,000
12940 SW 64th Ln Unit 312-3condos22890$275,000
8301 SW 137th Ave Unit 8301condos231,346$399,000
8420 SW 133rd Ave Rd Apt 105condos22965$235,000
8311 SW 142nd Ave Apt I204condos22845$283,999
13412 SW 62nd St Unit 103Mcondos231,020$360,000
5800 SW 127th Ave Apt 2420condos221,170$265,000
13951 Kendale Lakes Cir Unit 310Acondos221,248$325,000

10-year hold projection

IRR-2.4%
Equity multiple0.60x
Total return (10yr)$18,418
YearProperty valueNOICash flowLoan balanceEquity
1$612,850$10,788-$27,614$470,839$142,011
2$631,236$11,214-$27,231$465,324$165,912
3$650,173$11,655-$26,833$459,430$190,743
4$669,678$12,111-$26,421$453,131$216,547
5$689,768$12,585-$25,993$446,400$243,368
6$710,461$13,075-$25,550$439,206$271,255
7$731,775$13,582-$25,090$431,519$300,256
8$753,728$14,108-$24,614$423,304$330,425
9$776,340$14,653-$24,119$414,524$361,816
10$799,630$15,216-$23,607$405,142$394,489
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 always a placeholder, not a real quote — verify both, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow's ZIP index, not appraisals.