Miami, FL 33165 · single_family · For Sale · 23 days on market
Asking price$889,900
3 beds 2 baths 1,704 sqft
Suggested offer$748,663$141,237 above the est. market value of $748,663.
View on Realtor.com →
Listed by Martha Douer · Florida Realty Of Miami Corp
Typesingle_family
Built1956
Price / sqft$522
Est. value (own analysis)$748,663
Rent estimate (own analysis)$3,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-10
Removed date
MLSMiamiMLS #A12064021
Coordinates25.71972, -80.33587
Address
CityMiami
StateFL
Zip33165
Listing ID5571779922
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33165)

Typical home value (ZHVI)$684,538
Typical rent (ZORI)$3,219/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$889,900
Down payment (20.0%)$177,980
Loan amount$711,920
Closing costs (5.0%)$44,495
Total cash to close$222,475
Rent (comp-derived)$3,950$47,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$47,400
Vacancy rate (assumption) assumption8.0%

$47,400 × 8.0% = $3,792

Effective gross income$3,634$43,608
Property tax (placeholder 1.9% of price)$1,409$16,908
Insurance (placeholder 0.8% of price)$593$7,119
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$198$2,370
Total operating expenses$2,200$26,397
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$43,608
Total operating expenses derived$26,397

$43,608 − $26,397 = $17,211

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$711,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$711,920 amortized at 6.7% over 30 years = $4,575/mo

CapEx reserve (5.0% of GSR)$198$2,370
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$17,211
Annual debt service derived$54,900
Annual CapEx reserve assumption$2,370
Annual PMI assumption$0

($17,211 − $54,900 − $2,370 − $0) ÷ 12 = -$3,338

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,211
Purchase price data$889,900

$17,211 ÷ $889,900 = 1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$40,059
Total cash to close derived$222,475

-$40,059 ÷ $222,475 = -18.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,211
Annual debt service derived$54,900

$17,211 ÷ $54,900 = 0.31

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$47,400
Purchase price data$889,900

($47,400 ÷ 12) ÷ $889,900 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$889,900
Gross scheduled rent (annual) comp$47,400

$889,900 ÷ $47,400 = 18.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$26,397
Effective gross income derived$43,608

$26,397 ÷ $43,608 = 60.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$26,397
Annual debt service derived$54,900
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,400

($26,397 + $54,900 + $0) ÷ $47,400 = 171.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,778$4,200
single_family321,292$4,0002026-08-17
single_family321,202$3,7502026-08-10
single_family322,022$4,1002026-07-09
single_family311,347$2,9992026-07-09
single_family311,436$3,0002026-06-18
single_family321,611$3,3002026-05-19
single_family321,272$3,4002026-05-12
single_family321,341$3,4002026-05-04
single_family331,603$4,7002026-07-30
single_family311,164$3,2002026-07-29
single_family321,726$5,0002026-08-13
single_family331,603$4,7002026-08-24
single_family321,636$3,9502026-08-24
single_family321,140$2,800
single_family331,611$4,300
single_family322,139$3,500
single_family311,210$3,500
single_family331,931$7,000
single_family332,216$4,8002026-08-23
single_family321,362$3,9502026-08-29

3751 SW 97th Ave # 3751

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,778
Listed
Days on market

Asking rent: $4,200

View on Zillow →

8801 SW 17th St

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,292
Listed2026-08-17
Days on market

Asking rent: $4,000

View on Zillow →

4361 SW 97th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,202
Listed2026-08-10
Days on market

Asking rent: $3,750

View on Zillow →

9075 SW 48th Ter Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,022
Listed2026-07-09
Days on market

Asking rent: $4,100

View on Zillow →

11121 SW 46th St

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,347
Listed2026-07-09
Days on market

Asking rent: $2,999

View on Zillow →

2910 SW 103rd Pl

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,436
Listed2026-06-18
Days on market

Asking rent: $3,000

View on Zillow →

10881 SW 24th Ter Unit 10881

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,611
Listed2026-05-19
Days on market

Asking rent: $3,300

View on Zillow →

11447 SW 33rd Ln Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,272
Listed2026-05-12
Days on market

Asking rent: $3,400

View on Zillow →

3452 SW 113th Ct Unit 3452

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,341
Listed2026-05-04
Days on market

Asking rent: $3,400

View on Zillow →

5001 SW 87th Pl Unit 1

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,603
Listed2026-07-30
Days on market

Asking rent: $4,700

View on Zillow →

5110 SW 106th Ave

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,164
Listed2026-07-29
Days on market

Asking rent: $3,200

View on Zillow →

8811 SW 21st St

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,726
Listed2026-08-13
Days on market

Asking rent: $5,000

View on Zillow →

5001 SW 87th Pl

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,603
Listed2026-08-24
Days on market

Asking rent: $4,700

View on Zillow →

4901 SW 95th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,636
Listed2026-08-24
Days on market

Asking rent: $3,950

View on Zillow →

3771 SW 99th Ave

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,140
Listed
Days on market

Asking rent: $2,800

View on Zillow →

9101 SW 16th St

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,611
Listed
Days on market

Asking rent: $4,300

View on Zillow →

3100 SW 103rd Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,139
Listed
Days on market

Asking rent: $3,500

View on Zillow →

4435 SW 102nd Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,210
Listed
Days on market

Asking rent: $3,500

View on Zillow →

3776 SW 107th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,931
Listed
Days on market

Asking rent: $7,000

View on Zillow →

9835 SW 56th St Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,216
Listed2026-08-23
Days on market

Asking rent: $4,800

View on Zillow →

8810 SW 43rd Ter

Miami, 33165 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,362
Listed2026-08-29
Days on market

Asking rent: $3,950

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
9260 SW 56th Stsingle_family321,624$775,0002026-08-31
10842 SW 33rd Stsingle_family332,378$815,0002026-08-28
9011 SW 18th Tersingle_family321,490$685,0002026-08-26
10455 SW 42nd Tersingle_family321,666$720,0002026-08-21
9025 SW 36th Stsingle_family321,645$610,0002026-08-14
11410 SW 44th Stsingle_family311,223$505,0002026-08-13
5015 SW 98th Ctsingle_family311,351$455,0002026-08-11
1720 SW 98th Ctsingle_family322,106$780,0002026-08-10
10040 SW 32nd Stsingle_family322,276$793,0002026-08-07
4170 SW 99th Avesingle_family311,816$880,0002026-08-07
9675 SW 19th Stsingle_family321,736$825,0002026-08-06
4401 SW 112th Avesingle_family321,277$510,0002026-07-31
3440 SW 91st Avesingle_family321,290$695,0002026-07-24
9590 SW 51st Tersingle_family321,872$728,5002026-07-22
11300 SW 40th Stsingle_family32948$635,0002026-07-22
3721 SW 104th Ctsingle_family33$649,0002026-07-21
5100 SW 116th Avesingle_family311,218$700,0002026-07-15
9250 SW 44th Stsingle_family322,146$1,150,0002026-07-15
3515 SW 113th Ctsingle_family321,341$600,0002026-07-15
8901 SW 17th Stsingle_family321,496$515,0002026-07-14
3111 SW 102nd Avesingle_family321,923$800,0002026-07-07
4321 SW 107th Ctsingle_family321,537$600,0002026-07-06
11425 SW 43rd Tersingle_family321,146$680,0002026-07-02
5500 SW 87th Avesingle_family322,238$835,0002026-06-30
9011 SW 30th Tersingle_family311,476$550,0002026-06-29
9230 SW 41st Stsingle_family311,316$540,0002026-06-26
9360 SW 19th Stsingle_family322,492$870,0002026-06-25
9100 SW 19th Stsingle_family321,879$650,0002026-06-25
4211 SW 113th Ctsingle_family311,146$570,5002026-06-22
9201 SW 43rd Tersingle_family311,294$620,0002026-06-18
10860 SW 40th Tersingle_family311,170$695,0002026-06-15
10730 SW 48th Tersingle_family321,279$452,5002026-06-12
9820 SW 51st Tersingle_family31851$350,0002026-06-10
2153 SW 104th Avesingle_family321,710$500,0002026-06-09
9950 SW 35th Tersingle_family321,590$625,0002026-06-09
10381 SW 32nd Stsingle_family33935$710,0002026-06-05
4012 SW 102nd Ctsingle_family331,308$710,0002026-06-04
2905 SW 93rd Ctsingle_family321,360$650,0002026-06-01
9971 SW 41st Tersingle_family331,418$640,0002026-05-28
5110 SW 92nd Avesingle_family321,733$900,0002026-05-28
9200 SW 42nd Stsingle_family321,696$580,0002026-05-27
3240 SW 96th Avesingle_family321,618$675,0002026-05-26
4161 SW 97th Plsingle_family321,470$725,0002026-05-22
4850 SW 93rd Ctsingle_family321,300$800,0002026-05-22
9951 SW 39th Tersingle_family32975$580,0002026-05-22
1900 SW 87th Ctsingle_family321,851$835,0002026-05-22
3800 SW 104th Avesingle_family321,344$740,0002026-05-21
4135 SW 116th Avesingle_family31808$500,0002026-05-21
10611 SW 23rd Tersingle_family321,396$530,0002026-05-20
2835 SW 108th Plsingle_family321,616$710,0002026-05-19

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
4825 SW 111th Avesingle_family321,635$799,000
4211 SW 97th Plsingle_family321,330$724,900
9441 SW 52nd Tersingle_family321,707$875,000
9200 SW 37th Stsingle_family321,539$640,000
4400 SW 112th Plsingle_family322,274$825,000
3751 SW 97th Avesingle_family321,778$850,000
11445 SW 43rd Tersingle_family321,328$695,000
4275 SW 87th Avesingle_family321,249$830,000

10-year hold projection

IRR-2.1%
Equity multiple0.66x
Total return (10yr)$40,658
YearProperty valueNOICash flowLoan balanceEquity
1$916,597$17,211-$40,059$704,201$212,396
2$944,095$17,859-$39,470$695,952$248,143
3$972,418$18,530-$38,860$687,137$285,281
4$1,001,590$19,225-$38,227$677,716$323,874
5$1,031,638$19,944-$37,572$667,649$363,989
6$1,062,587$20,688-$36,894$656,890$405,697
7$1,094,465$21,457-$36,191$645,392$449,073
8$1,127,299$22,254-$35,463$633,105$494,194
9$1,161,118$23,079-$34,709$619,974$541,144
10$1,195,951$23,932-$33,928$605,941$590,011
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.