9411 SW 4th St Apt 202

Miami, FL 33174 · condos · For Sale · 123 days on market
Asking price$289,000
2 beds 2 baths 1,086 sqft
View on Realtor.com →
Listed by Jitza Baldriche · Avanti Way
Typecondos
Built1975
Price / sqft$266
Est. value (own analysis)$328,722
Rent estimate (own analysis)$2,305/mo
HOA$389/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-02
Removed date
MLSMiamiMLS #A12011809
Coordinates25.76642, -80.34966
Address9411 SW 4th St Apt 202
CityMiami
StateFL
Zip33174
Listing ID5611181395
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33174)

Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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$289,000
Down payment (20.0%)$57,800
Loan amount$231,200
Closing costs (5.0%)$14,450
Total cash to close$72,250
Rent (comp-derived)$2,305$27,654
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$27,654
Vacancy rate (assumption) assumption8.0%

$27,654 × 8.0% = $2,212

Effective gross income$2,120$25,442
Property tax (placeholder 1.9% of price)$458$5,491
Insurance (placeholder 0.8% of price)$193$2,312
HOA dues$389$4,668
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$115$1,383
Total operating expenses$1,154$13,854
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,442
Total operating expenses derived$13,854

$25,442 − $13,854 = $11,588

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$231,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$231,200 amortized at 6.7% over 30 years = $1,486/mo

CapEx reserve (5.0% of GSR)$115$1,383
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$11,588
Annual debt service derived$17,829
Annual CapEx reserve assumption$1,383
Annual PMI assumption$0

($11,588 − $17,829 − $1,383 − $0) ÷ 12 = -$635

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,588
Purchase price data$289,000

$11,588 ÷ $289,000 = 4.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$7,624
Total cash to close derived$72,250

-$7,624 ÷ $72,250 = -10.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,588
Annual debt service derived$17,829

$11,588 ÷ $17,829 = 0.65

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$27,654
Purchase price data$289,000

($27,654 ÷ 12) ÷ $289,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$289,000
Gross scheduled rent (annual) comp$27,654

$289,000 ÷ $27,654 = 10.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,854
Effective gross income derived$25,442

$13,854 ÷ $25,442 = 54.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,854
Annual debt service derived$17,829
Annual PMI assumption$0
Gross scheduled rent (annual) comp$27,654

($13,854 + $17,829 + $0) ÷ $27,654 = 114.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos221,006$2,1002026-08-18
apartment21777$2,1002026-08-17
apartment21777$1,9002026-08-12
condos231,045$2,4002026-08-11
condos22948$2,1002026-08-06
condos231,288$2,4002026-07-26
condos231,045$2,3002026-07-26
condos231,206$2,4002026-07-23
condos22900$2,1002026-07-23
condos231,096$2,5002026-07-21
condos221,086$2,4002026-07-18
condos221,038$2,8002026-07-07
condos21910$2,4502026-07-06
apartment21777$2,0502026-06-18
condos221,185$2,4502026-06-09
apartment221,086$2,2002026-06-09
condos221,086$2,4002026-06-02
condos21827$2,2002026-05-29
condos22946$2,2002026-05-14
apartment221,086$2,3002026-08-04
condos21777$1,9892026-07-30
condos22838$2,4002026-07-28
condos21775$2,1002025-05-29
apartment21874$2,9002026-01-29
condos21980$2,5002026-03-16
apartment22866$2,274
condos211,200$2,3502026-01-22
apartment22824$2,254
apartment22824$2,274
apartment22824$2,299
apartment22866$2,309
apartment221,041$3,055
apartment221,041$3,055
apartment22866$2,349
apartment221,161$3,050
condos21720$2,1002026-08-27
condos231,206$2,5802026-08-31
apartment21910$2,3002026-08-31

9301 SW 4th St Unit 229F

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,006
Listed2026-08-18
Days on market

Asking rent: $2,100

View on Zillow →

9380 W Flagler St Unit 208B

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage777
Listed2026-08-17
Days on market

Asking rent: $2,100

View on Zillow →

9331 SW 4th St Unit 202B

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage777
Listed2026-08-12
Days on market

Asking rent: $1,900

View on Zillow →

10500 SW 8th St Apt 410

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,045
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

9300 W Flagler St Unit 230C

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage948
Listed2026-08-06
Days on market

Asking rent: $2,100

View on Zillow →

900 SW 104th Ct Unit B206

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,288
Listed2026-07-26
Days on market

Asking rent: $2,400

View on Zillow →

1121 SW 105th Ave Apt 308

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,045
Listed2026-07-26
Days on market

Asking rent: $2,300

View on Zillow →

8906 W Flagler St Apt 216

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,206
Listed2026-07-23
Days on market

Asking rent: $2,400

View on Zillow →

8841 W Flagler St Apt 202

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-07-23
Days on market

Asking rent: $2,100

View on Zillow →

10851 SW 6th St Unit 5

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,096
Listed2026-07-21
Days on market

Asking rent: $2,500

View on Zillow →

9410 W Flagler St Apt 102

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,086
Listed2026-07-18
Days on market

Asking rent: $2,400

View on Zillow →

9337 SW 6th Ter Unit 0

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,038
Listed2026-07-07
Days on market

Asking rent: $2,800

View on Zillow →

8752 SW 12th St Apt 201

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage910
Listed2026-07-06
Days on market

Asking rent: $2,450

View on Zillow →

9311 SW 4th St Unit 117B

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage777
Listed2026-06-18
Days on market

Asking rent: $2,050

View on Zillow →

800 SW 104th Ct Apt A103

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,185
Listed2026-06-09
Days on market

Asking rent: $2,450

View on Zillow →

9411 SW 4th St Apt 303

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,086
Listed2026-06-09
Days on market

Asking rent: $2,200

View on Zillow →

9420 W Flagler St Apt 312

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,086
Listed2026-06-02
Days on market

Asking rent: $2,400

View on Zillow →

11195 SW 1st St Apt 319

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage827
Listed2026-05-29
Days on market

Asking rent: $2,200

View on Zillow →

9431 SW 4th St Apt 207

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage946
Listed2026-05-14
Days on market

Asking rent: $2,200

View on Zillow →

9400 W Flagler St Apt 312

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,086
Listed2026-08-04
Days on market

Asking rent: $2,300

View on Zillow →

9380 W Flagler St Unit 217B

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage777
Listed2026-07-30
Days on market

Asking rent: $1,989

View on Zillow →

9520 SW 8th St Apt 118

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage838
Listed2026-07-28
Days on market

Asking rent: $2,400

View on Zillow →

11195 SW 1st St Apt 314

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage775
Listed2025-05-29
Days on market

Asking rent: $2,100

View on Zillow →

11230 SW 5th St Unit 1

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage874
Listed2026-01-29
Days on market

Asking rent: $2,900

View on Zillow →

11441 SW 2nd St

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage980
Listed2026-03-16
Days on market

Asking rent: $2,500

View on Zillow →

10495 SW 14th Ter # 10-201

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage866
Listed
Days on market

Asking rent: $2,274

View on Zillow →

11227/29 SW 5th Ter Unit 11229

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,200
Listed2026-01-22
Days on market

Asking rent: $2,350

View on Zillow →

10495 SW 14th Ter # 01-103

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage824
Listed
Days on market

Asking rent: $2,254

View on Zillow →

10495 SW 14th Ter # 09-311

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage824
Listed
Days on market

Asking rent: $2,274

View on Zillow →

10495 SW 14th Ter # 10-111

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage824
Listed
Days on market

Asking rent: $2,299

View on Zillow →

10495 SW 14th Ter # 09-106

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage866
Listed
Days on market

Asking rent: $2,309

View on Zillow →

9931 W Flagler St Apt 320

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,041
Listed
Days on market

Asking rent: $3,055

View on Zillow →

9931 W Flagler St Apt 220

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,041
Listed
Days on market

Asking rent: $3,055

View on Zillow →

10495 SW 14th Ter # 09-312

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage866
Listed
Days on market

Asking rent: $2,349

View on Zillow →

9931 W Flagler St Apt 306

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,161
Listed
Days on market

Asking rent: $3,050

View on Zillow →

10850 W Flagler St Apt D314

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage720
Listed2026-08-27
Days on market

Asking rent: $2,100

View on Zillow →

8858 W Flagler St

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,206
Listed2026-08-31
Days on market

Asking rent: $2,580

View on Zillow →

8764 SW 12th St Apt 105

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage910
Listed2026-08-31
Days on market

Asking rent: $2,300

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
9390 W Flagler St Unit 218Fcondos221,006$262,0002026-08-20
10745 SW 3rd St Apt 6condos21820$230,0002026-08-17
9420 W Flagler St Apt 103condos221,086$286,0002026-08-07
9113 SW 9th Ter Unit Acondo_townhome_rowhome_coop22876$410,0002026-07-16
9301 SW 4th St Unit 114Econdos21838$270,0002026-07-08
840 SW 105th Ave Apt 318condos221,045$280,0002026-06-01
9585 SW 1st Tercondo_townhome_rowhome_coop221,120$490,0002026-05-15
9410 W Flagler St Apt 409condos221,086$295,0002026-05-15
8794 SW 12th St Apt 105condos21910$300,0002026-05-04
8758 SW 12th St Apt 206condos21910$300,0002026-04-15
9411 SW 4th St Apt 111condos221,086$250,0002026-04-08
8841 W Flagler St Apt 103condos22892$270,0002026-03-13
30 SW 108th Ave Unit 7Gcondos22764$290,0002026-03-11
9410 W Flagler St Apt 208condos22946$225,0002026-02-25
11431 SW 7th Ter Unit 303Ccondos221,032$270,0002026-02-20
9300 W Flagler St Unit 229Fcondos221,006$225,0002026-01-07
9411 SW 4th St Apt 203condos221,086$289,0002025-12-04
9520 SW 8th St Apt 111condos22838$270,0002025-12-01
9441 SW 4th St Apt 203condos221,086$260,0002025-11-24
8841 W Flagler St Apt 212condos22900$282,0002025-11-20
9440 W Flagler St Apt 203condos221,086$280,0002025-10-24
8980 W Flagler St Apt 202condos231,206$420,0002025-10-10
9300 W Flagler St Unit 112Dcondos22840$265,0002025-10-03
1001 SW 105th Ave Apt 103condos22997$305,0002025-09-30
131 SW 109th Ave Apt L4condos22764$270,0002025-09-18

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
9320 W Flagler St Unit 201Dcondos21840$259,900
100 SW 110th Ave Apt 142townhomes231,091$324,000
9370 W Flagler St Unit 204Bcondos21777$249,500
10851 SW 6th St Unit 5condos231,096$329,000
165 SW 113th Ctsingle_family221,062$519,900
401 SW 109th Ave Apt 23condos221,120$339,900
9340 W Flagler St Unit 104Bcondos21777$350,000
10851 SW 2nd St Apt K105condos21720$275,000

10-year hold projection

IRR3.3%
Equity multiple1.54x
Total return (10yr)$76,480
YearProperty valueNOICash flowLoan balanceEquity
1$297,670$11,588-$7,624$228,693$68,977
2$306,600$12,005-$7,241$226,015$80,586
3$315,798$12,436-$6,846$223,152$92,646
4$325,272$12,882-$6,436$220,092$105,180
5$335,030$13,343-$6,012$216,823$118,207
6$345,081$13,820-$5,574$213,329$131,752
7$355,434$14,313-$5,120$209,595$145,838
8$366,097$14,822-$4,650$205,605$160,492
9$377,079$15,349-$4,164$201,340$175,739
10$388,392$15,894-$3,662$196,783$191,609
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.