15481 SW 155th Ter

Miami, FL 33187 · single_family · For Sale · 113 days on market
Asking price$724,800
3 beds 2 baths 1,448 sqft
Suggested offer$585,340$139,460 above the est. market value of $585,340.
View on Realtor.com →
Listed by Steven K. · beycome.com
Typesingle_family
Built1984
Price / sqft$501
Est. value (own analysis)$585,340
Rent estimate (own analysis)$3,058/mo
HOANone
Wind10/10Extreme$Flood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-05-12
Removed date
MLSMiamiMLS #A12017576
Coordinates25.62262, -80.44387
Address15481 SW 155th Ter
CityMiami
StateFL
Zip33187
Listing ID5604900632
Sourceus-real-estate-listings, cached 2026-08-25

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$724,800
Down payment (20.0%)$144,960
Loan amount$579,840
Closing costs (5.0%)$36,240
Total cash to close$181,200
Rent (comp-derived)$3,058$36,696
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,696
Vacancy rate (assumption) assumption8.0%

$36,696 × 8.0% = $2,936

Effective gross income$2,813$33,760
Property tax (placeholder 1.9% of price)$1,148$13,771
Insurance (est. scaled by flood & wind risk)$773$9,277
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$153$1,835
Total operating expenses$2,074$24,883
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,760
Total operating expenses derived$24,883

$33,760 − $24,883 = $8,877

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$579,840
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$579,840 amortized at 6.7% over 30 years = $3,726/mo

CapEx reserve (5.0% of GSR)$153$1,835
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$8,877
Annual debt service derived$44,715
Annual CapEx reserve assumption$1,835
Annual PMI assumption$0

($8,877 − $44,715 − $1,835 − $0) ÷ 12 = -$3,139

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$8,877
Purchase price data$724,800

$8,877 ÷ $724,800 = 1.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$37,672
Total cash to close derived$181,200

-$37,672 ÷ $181,200 = -20.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$8,877
Annual debt service derived$44,715

$8,877 ÷ $44,715 = 0.20

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,696
Purchase price data$724,800

($36,696 ÷ 12) ÷ $724,800 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$724,800
Gross scheduled rent (annual) comp$36,696

$724,800 ÷ $36,696 = 19.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$24,883
Effective gross income derived$33,760

$24,883 ÷ $33,760 = 73.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$24,883
Annual debt service derived$44,715
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,696

($24,883 + $44,715 + $0) ÷ $36,696 = 189.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,421$4,7002026-07-22
single_family331,321$2,966
single_family331,710$3,150
single_family321,799$2,835

18391 SW 204th St

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,421
Listed2026-07-22
Days on market

Asking rent: $4,700

View on Zillow →

18240 SW 148th Rd

Quail Heights, 33187 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,321
Listed
Days on market

Asking rent: $2,966

View on Zillow →

17460 SW 153rd Ave

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,710
Listed
Days on market

Asking rent: $3,150

View on Zillow →

18081 SW 152nd Ct

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,799
Listed
Days on market

Asking rent: $2,835

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
16020 SW 153rd Avesingle_family321,656$500,0002026-08-13
18049 SW 152nd Avesingle_family321,726$675,0002026-07-30
14719 SW 176th Stsingle_family321,107$560,0002026-07-30
15305 SW 209th Avesingle_family321,845$988,0002026-07-23
17301 SW 149th Ctsingle_family321,418$635,0002026-07-07
15414 SW 147th Avesingle_family322,530$730,0002026-07-02
15212 SW 148th Ctsingle_family321,352$720,0002026-06-30
19340 SW 190th Stsingle_family343,115$1,100,0002026-06-30
17344 SW 149th Plsingle_family321,211$545,0002026-06-22
14981 SW 180th Tersingle_family321,641$566,0002026-06-11
15730 SW 152nd Avesingle_family321,250$680,0002026-05-29
15900 SW 197th Avesingle_family322,580$1,370,0002026-05-22
14931 SW 168th Tersingle_family321,658$690,0002026-05-21
20250 SW 157th Avesingle_family323,463$850,0002026-05-13
18004 SW 154th Avesingle_family331,824$680,0002026-04-28
19755 SW 190th Stsingle_family321,730$900,0002026-04-10
15412 SW 183rd Tersingle_family321,706$750,0002026-04-01
15129 SW 173rd Tersingle_family321,673$599,0002026-03-31
18121 SW 152nd Ctsingle_family321,593$640,0002026-03-19
18890 SW 184th Stsingle_family325,203$1,300,0002026-03-12
19511 SW 214th Stsingle_family333,694$1,050,0002026-03-12
14930 SW 157th Tersingle_family321,932$730,0002026-02-26
17020 SW 149th Avesingle_family331,887$680,0002026-02-20
16021 SW 173rd Avesingle_family322,511$830,0002026-02-02
16101 SW 202nd Avesingle_family321,326$461,0002026-01-21
14891 SW 170th Tersingle_family321,418$605,0002025-12-18
14769 SW 176th Stsingle_family321,340$545,0002025-12-18
16640 SW 196th Stsingle_family321,818$635,0002025-12-12
14711 SW 170th Tersingle_family321,753$673,0002025-12-10
15441 SW 160th Stsingle_family321,448$590,0002025-12-04
18900 SW 186th Stsingle_family332,288$1,199,0002025-11-24
15223 SW 152nd Avesingle_family321,679$735,0002025-11-07
15266 SW 178th Tersingle_family321,774$620,0002025-11-06
18030 SW 153rd Ctsingle_family321,400$600,0002025-11-03
14763 SW 173rd Tersingle_family321,461$635,0002025-10-30
14853 SW 178th Tersingle_family322,023$775,0002025-10-16
14710 SW 172nd Stsingle_family321,465$640,0002025-10-08
6981689591single_family331,507$1,420,0002025-09-22
19800 SW 180th Stsingle_family321,690$300,0002025-09-19
15240 SW 152nd Tersingle_family321,396$638,0002025-09-11
21180 SW 187th Avesingle_family322,105$400,0002025-09-11
21140 SW 179th Avesingle_family321,404$700,0002025-09-11

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
19800 SW 180th Ave Lot 105mobile321,690$310,000
19651 SW 168th Stsingle_family331,905$2,800,000
14770 SW 172nd Stsingle_family321,465$645,000
18062 SW 147th Cttownhomes331,520$480,000
15431 SW 177th Tersingle_family321,618$689,900
single_family322,020$782,999
19800 SW 180th Ave Lot 131mobile321,430$300,000
18324 SW 148th Rdtownhomes331,520$480,000

10-year hold projection

IRR-3.9%
Equity multiple0.35x
Total return (10yr)-$23,867
YearProperty valueNOICash flowLoan balanceEquity
1$746,544$8,877-$37,672$573,553$172,991
2$768,940$9,268-$37,328$566,835$202,106
3$792,009$9,673-$36,969$559,655$232,354
4$815,769$10,094-$36,596$551,982$263,787
5$840,242$10,531-$36,209$543,782$296,460
6$865,449$10,984-$35,806$535,019$330,430
7$891,413$11,454-$35,388$525,655$365,758
8$918,155$11,942-$34,953$515,647$402,508
9$945,700$12,449-$34,502$504,952$440,748
10$974,071$12,974-$34,032$493,522$480,548
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.