13986 SW 276th Way
Homestead, FL 33032 · single_family · For Sale · 346 days on market
Asking price$610,000
6 beds 5 baths 3,678 sqft
Listed by Ian Welch with Inspired Lifestyle Realty · INSPIRED LIFESTYLE REALTY, LLC
Typesingle_family
Built2006
Price / sqft$166
Est. value (own analysis)$1,644,949
Rent estimate (Zillow ZIP avg)$2,663/mo
HOA$350/mo
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2025-09-21
Removed date—
MLSMiamiMLS #A11882361
Coordinates25.50957, -80.41834
Address13986 SW 276th Way
CityHomestead
StateFL
Zip33032
Listing ID5603130576
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33032)
Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $610,000 |
| Down payment (20.0%) | $122,000 |
| Loan amount | $488,000 |
| Closing costs (5.0%) | $30,500 |
| Total cash to close | $152,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,663$31,956 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,450$29,400 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $966$11,590 |
| Insurance (est. scaled by flood & wind risk) | $793$9,516 |
| HOA dues | $350$4,200 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $133$1,598 |
| Total operating expenses | $2,242$26,904 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $133$1,598 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 3 | 3,183 | $3,600 | 2026-06-05 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 24174 SW 109th Path | single_family | 6 | 4 | 2,440 | $675,000 | 2026-07-29 |
| 26234 SW 133rd Pl | single_family | 6 | 5 | 1,459 | $674,900 | 2026-06-16 |
| 12495 SW 240th St | single_family | 6 | 3 | 2,909 | $1,400,000 | 2026-06-10 |
| 23755 SW 142nd Ave | single_family | 6 | 5 | 3,936 | $1,700,000 | 2026-06-09 |
Widened to city-wide. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2150 NW 16th Pl | single_family | 6 | 4 | — | $1,299,990 | — |
| 31050 SW 193rd Ave | single_family | 6 | 5 | 5,659 | $1,550,000 | — |
| 155 SW 16th Ter | single_family | 6 | 3 | 3,450 | $720,000 | — |
| 29215 SW 167th Ct | single_family | 6 | 5 | 3,644 | $1,299,980 | — |
| 1730 NW 21st St | single_family | 6 | 4 | 3,820 | $1,085,000 | — |
| 20255 SW 296th St | single_family | 6 | 3 | 4,771 | $1,099,900 | — |
| 17201 SW 248th St | single_family | 6 | 7 | 11,907 | $6,999,000 | — |
| 20835 SW 236th St | single_family | 6 | 4 | 3,682 | $1,400,000 | — |
10-year hold projection
IRR-6.1%
Equity multiple-0.02x
Total return (10yr)-$76,167
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $628,300 | $2,496 | -$36,734 | $482,709 | $145,591 |
| 2 | $647,149 | $2,705 | -$36,565 | $477,055 | $170,094 |
| 3 | $666,563 | $2,924 | -$36,387 | $471,012 | $195,551 |
| 4 | $686,560 | $3,153 | -$36,199 | $464,554 | $222,006 |
| 5 | $707,157 | $3,393 | -$36,003 | $457,653 | $249,504 |
| 6 | $728,372 | $3,643 | -$35,797 | $450,278 | $278,093 |
| 7 | $750,223 | $3,905 | -$35,581 | $442,397 | $307,826 |
| 8 | $772,730 | $4,178 | -$35,354 | $433,974 | $338,755 |
| 9 | $795,912 | $4,463 | -$35,116 | $424,973 | $370,938 |
| 10 | $819,789 | $4,761 | -$34,867 | $415,354 | $404,435 |
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.