2033 SW 5th St

Miami, FL 33135 · multi_family · Pending — under contract · 21 days on market
Asking price$550,000
5 beds 3 baths 2,148 sqft
View on Realtor.com →
Listed by Raquel Rodriguez · Coldwell Banker Realty
Typemulti_family
Built1926
Price / sqft$256
Est. value (own analysis)$937,151
Rent estimate (building total, own analysis)$6,536/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-13
Removed date
MLSBeachesMLS #B26063556
Coordinates25.76842, -80.22849
Address2033 SW 5th St
CityMiami
StateFL
Zip33135
Listing ID5586284077
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33135)

Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/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$550,000
Down payment (20.0%)$110,000
Loan amount$440,000
Closing costs (5.0%)$27,500
Total cash to close$137,500
Rent (estimate)$6,536$78,433
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$78,433
Vacancy rate (assumption) assumption8.0%

$78,433 × 8.0% = $6,275

Effective gross income$6,013$72,159
Property tax (placeholder 1.9% of price)$871$10,450
Insurance (placeholder 0.8% of price)$367$4,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$327$3,922
Total operating expenses$1,564$18,772
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$72,159
Total operating expenses derived$18,772

$72,159 − $18,772 = $53,387

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$440,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$440,000 amortized at 6.7% over 30 years = $2,828/mo

CapEx reserve (5.0% of GSR)$327$3,922
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$53,387
Annual debt service derived$33,931
Annual CapEx reserve assumption$3,922
Annual PMI assumption$0

($53,387 − $33,931 − $3,922 − $0) ÷ 12 = $1,295

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$53,387
Purchase price data$550,000

$53,387 ÷ $550,000 = 9.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$15,535
Total cash to close derived$137,500

$15,535 ÷ $137,500 = 11.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$53,387
Annual debt service derived$33,931

$53,387 ÷ $33,931 = 1.57

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$78,433
Purchase price data$550,000

($78,433 ÷ 12) ÷ $550,000 = 1.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$550,000
Gross scheduled rent (annual) comp$78,433

$550,000 ÷ $78,433 = 7.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,772
Effective gross income derived$72,159

$18,772 ÷ $72,159 = 26.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,772
Annual debt service derived$33,931
Annual PMI assumption$0
Gross scheduled rent (annual) comp$78,433

($18,772 + $33,931 + $0) ÷ $78,433 = 67.2%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
700 SW 33rd Avemulti_family522,648$1,355,0002026-08-03
1293 SW 22nd Avemulti_family532,025$1,140,0002026-05-19
2222 SW 2nd Stmulti_family532,769$550,0002026-04-27
635 SW 19th Avemulti_family553,419$855,0002026-04-01
1640 SW 4th Stmulti_family552,395$4,250,0002025-12-18
3421 SW 4th Stmulti_family532,390$862,5002025-09-29

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
1200 SW 31st Avemulti_family532,079$1,125,000
1636 SW 9th Stsingle_family552,638$1,899,000
2239 SW 10th Stsingle_family541,870$999,800
2360 SW 2nd Stsingle_family531,669$749,900
2134 SW 11th Stmulti_family551,840$1,499,999
2431 SW 4th Stsingle_family563,678$1,300,000
multi_family532,288$749,000
301 SW 36th Avesingle_family53925$750,000

10-year hold projection

IRR20.2%
Equity multiple4.03x
Total return (10yr)$488,322
YearProperty valueNOICash flowLoan balanceEquity
1$566,500$53,387$15,535$435,229$131,271
2$583,495$55,082$17,132$430,131$153,364
3$601,000$56,831$18,780$424,683$176,317
4$619,030$58,635$20,481$418,860$200,169
5$637,601$60,495$22,235$412,638$224,963
6$656,729$62,413$24,045$405,989$250,740
7$676,431$64,392$25,913$398,882$277,548
8$696,724$66,432$27,840$391,288$305,435
9$717,625$68,537$29,828$383,173$334,453
10$739,154$70,707$31,879$374,500$364,654
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.