18725 SW 218th St

Miami, FL 33170 · single_family · For Sale · 17 days on market
Asking price$1,550,999
4 beds 3 baths 2,399 sqft
Suggested offer$814,341$736,658 above the est. market value of $814,341.
View on Realtor.com →
Listed by Yisell Carbajal · Realty One Group Evolution
Typesingle_family
Built1978
Price / sqft$647
Est. value (own analysis)$814,341
Rent estimate (own analysis)$4,400/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-17
Removed date
MLSMiamiMLS #A12072095
Coordinates25.56344, -80.49520
Address18725 SW 218th St
CityMiami
StateFL
Zip33170
Listing ID5544169007
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)

Purchase price$1,550,999
Down payment (20.0%)$310,200
Loan amount$1,240,799
Closing costs (5.0%)$77,550
Total cash to close$387,750
Rent (comp-derived)$4,400$52,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$52,800
Vacancy rate (assumption) assumption8.0%

$52,800 × 8.0% = $4,224

Effective gross income$4,048$48,576
Property tax (placeholder 1.9% of price)$2,456$29,469
Insurance (placeholder 0.8% of price)$1,034$12,408
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$220$2,640
Total operating expenses$3,710$44,517
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$48,576
Total operating expenses derived$44,517

$48,576 − $44,517 = $4,059

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$1,240,799
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,240,799 amortized at 6.7% over 30 years = $7,974/mo

CapEx reserve (5.0% of GSR)$220$2,640
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$4,059
Annual debt service derived$95,685
Annual CapEx reserve assumption$2,640
Annual PMI assumption$0

($4,059 − $95,685 − $2,640 − $0) ÷ 12 = -$7,855

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$4,059
Purchase price data$1,550,999

$4,059 ÷ $1,550,999 = 0.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$94,265
Total cash to close derived$387,750

-$94,265 ÷ $387,750 = -24.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$4,059
Annual debt service derived$95,685

$4,059 ÷ $95,685 = 0.04

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$52,800
Purchase price data$1,550,999

($52,800 ÷ 12) ÷ $1,550,999 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,550,999
Gross scheduled rent (annual) comp$52,800

$1,550,999 ÷ $52,800 = 29.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,517
Effective gross income derived$48,576

$44,517 ÷ $48,576 = 91.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,517
Annual debt service derived$95,685
Annual PMI assumption$0
Gross scheduled rent (annual) comp$52,800

($44,517 + $95,685 + $0) ÷ $52,800 = 265.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,650$3,5002026-08-14
single_family432,814$4,5002026-07-08
single_family421,644$3,300
single_family433,134$12,5002026-05-26
single_family432,586$4,4002026-03-13
single_family432,198$10,5002026-01-27
single_family421,644$3,3002026-04-13
single_family431,876$3,500
single_family432,598$5,000

22860 SW 122nd Pl

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,650
Listed2026-08-14
Days on market

Asking rent: $3,500

View on Zillow →

13250 SW 224th St

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,814
Listed2026-07-08
Days on market

Asking rent: $4,500

View on Zillow →

11870 SW 220th St # 11870

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,644
Listed
Days on market

Asking rent: $3,300

View on Zillow →

18321 SW 224th St Unit 0

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,134
Listed2026-05-26
Days on market

Asking rent: $12,500

View on Zillow →

11998 SW 232nd St

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,586
Listed2026-03-13
Days on market

Asking rent: $4,400

View on Zillow →

20000 SW 216th St

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,198
Listed2026-01-27
Days on market

Asking rent: $10,500

View on Zillow →

11870 SW 220th St Unit A

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,644
Listed2026-04-13
Days on market

Asking rent: $3,300

View on Zillow →

22340 SW 115th Ave

Goulds, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,876
Listed
Days on market

Asking rent: $3,500

View on Zillow →

12908 SW 229th St

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,598
Listed
Days on market

Asking rent: $5,000

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
21965 SW 125th Avesingle_family421,592$700,0002026-08-19
11001 SW 218th Tersingle_family421,710$590,0002026-08-14
11075 SW 221st Tersingle_family421,425$435,0002026-08-03
22712 SW 113th Plsingle_family421,200$515,0002026-07-28
13282 SW 227th Stsingle_family432,070$780,0002026-07-23
21717 SW 129th Avesingle_family432,092$700,0002026-07-16
22903 SW 113th Pathsingle_family421,804$585,0002026-07-14
12418 SW 230th Stsingle_family431,827$505,0002026-06-30
22905 SW 123 Avesingle_family43$750,0002026-06-30
22301 SW 127th Plsingle_family422,009$575,0002026-06-24
22262 SW 123rd Drsingle_family421,665$850,0002026-06-05
22722 SW 114th Plsingle_family42$539,0002026-06-01
22330 SW 112th Avesingle_family421,280$405,0002026-06-01
18360 SW 224th Stsingle_family444,232$1,100,0002026-05-18
21320 SW 224th Stsingle_family422,698$1,450,0002026-05-11
12758 SW 221st Tersingle_family421,616$685,0002026-05-05
22534 SW 114th Plsingle_family421,536$539,0002026-05-04
12941 SW 229th Stsingle_family431,904$609,9002026-04-28
13135 SW 218th Tersingle_family432,106$825,0002026-04-28
11846 SW 228th Lnsingle_family421,625$560,0002026-04-21
22065 Miami Avesingle_family421,652$610,0002026-04-10
21801 SW 202nd Avesingle_family423,494$1,350,0002026-04-01
13261 SW 216th Tersingle_family422,095$772,0002026-03-30
11799 Bailes Rdsingle_family433,263$745,0002026-03-30
11740 SW 222nd Stsingle_family421,520$450,0002026-03-30
13203 SW 228th Stsingle_family442,603$1,082,5002026-03-27
11750 SW 222nd Stsingle_family431,990$385,0002026-03-27
11442 SW 225th Stsingle_family421,200$490,0002026-03-27
22932 SW 113th Plsingle_family421,867$554,9002026-03-20
13225 SW 218th Tersingle_family421,633$665,0002026-03-18
22991 SW 115th Avesingle_family442,530$620,0002026-03-17
22900 SW 172nd Avesingle_family432,347$750,0002026-03-11
12801 SW 223rd Stsingle_family422,275$920,0002026-03-11
12661 SW 222nd Tersingle_family421,649$650,0002026-03-10
12856 SW 227th Stsingle_family442,620$762,0002026-03-09
12865 SW 224th Stsingle_family432,653$880,0002026-03-06
22880 SW 122nd Plsingle_family421,700$650,0002026-03-03
21320 SW 232nd Stsingle_family432,638$1,225,0002026-03-02
12948 SW 229th Stsingle_family443,139$500,0002026-02-28
12650 SW 218th Stsingle_family421,589$589,0002026-02-27
22719 SW 131st Avesingle_family432,560$798,0002026-02-27
11121 SW 225th Tersingle_family432,107$600,0002026-02-17
10829 SW 232nd Stsingle_family432,619$639,0002026-02-17
22676 SW 131st Plsingle_family443,139$799,0002026-02-13
23099 SW 118th Avesingle_family421,589$500,0002026-02-09
10925 SW 218th Tersingle_family432,009$650,0002026-02-02
12996 SW 218th Tersingle_family432,585$890,0002026-02-02
21620 SW 112th Avesingle_family421,956$1,500,0002026-01-21
12800 SW 222nd Stsingle_family421,949$766,0002026-01-20
22788 SW 128th Plsingle_family432,247$600,0002026-01-15

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
11815 SW 222nd Stsingle_family432,114$649,000
SW 132nd Avenue and SW 223rd Streettownhomes431,912$582,990
22644 SW 109th Pathsingle_family432,484$649,900
19200 SW 216th Stsingle_family462,696$1,100,000
10860 SW 217th Tersingle_family432,417$879,900
23010 SW 114th Pathsingle_family442,224$670,000
23061 SW 114th Pathsingle_family432,187$658,000
23033 SW 119th Avesingle_family44$699,990

10-year hold projection

IRR-6.3%
Equity multiple-0.06x
Total return (10yr)-$210,169
YearProperty valueNOICash flowLoan balanceEquity
1$1,597,529$4,059-$94,265$1,227,346$370,183
2$1,645,455$4,403-$93,987$1,212,969$432,486
3$1,694,818$4,764-$93,695$1,197,605$497,213
4$1,745,663$5,140-$93,387$1,181,186$564,477
5$1,798,033$5,534-$93,064$1,163,639$634,394
6$1,851,974$5,946-$92,725$1,144,888$707,086
7$1,907,533$6,376-$92,370$1,124,848$782,685
8$1,964,759$6,826-$91,997$1,103,433$861,326
9$2,023,702$7,295-$91,606$1,080,547$943,155
10$2,084,413$7,785-$91,196$1,056,089$1,028,324
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.