7825 Miller Dr Apt C211

Miami, FL 33155 · condos · For Sale · 23 days on market
Asking price$330,000
3 beds 2 baths 1,180 sqft
View on Realtor.com →
Listed by Melinda Bejerano · One Stop Realty
Typecondos
Built1971
Price / sqft$280
Est. value (own analysis)$476,637
Rent estimate (own analysis)$3,322/mo
HOA$1,024/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-10
Removed date
MLSMiamiMLS #A12067823
Coordinates25.71811, -80.32172
Address7825 Miller Dr Apt C211
CityMiami
StateFL
Zip33155
Listing ID5683540483
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33155)

Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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$330,000
Down payment (20.0%)$66,000
Loan amount$264,000
Closing costs (5.0%)$16,500
Total cash to close$82,500
Rent (comp-derived)$3,322$39,864
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$39,864
Vacancy rate (assumption) assumption8.0%

$39,864 × 8.0% = $3,189

Effective gross income$3,056$36,675
Property tax (placeholder 1.9% of price)$523$6,270
Insurance (placeholder 0.8% of price)$220$2,640
HOA dues$1,024$12,288
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$166$1,993
Total operating expenses$1,933$23,191
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$36,675
Total operating expenses derived$23,191

$36,675 − $23,191 = $13,484

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$264,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$264,000 amortized at 6.7% over 30 years = $1,697/mo

CapEx reserve (5.0% of GSR)$166$1,993
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$13,484
Annual debt service derived$20,358
Annual CapEx reserve assumption$1,993
Annual PMI assumption$0

($13,484 − $20,358 − $1,993 − $0) ÷ 12 = -$739

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,484
Purchase price data$330,000

$13,484 ÷ $330,000 = 4.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,868
Total cash to close derived$82,500

-$8,868 ÷ $82,500 = -10.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,484
Annual debt service derived$20,358

$13,484 ÷ $20,358 = 0.66

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$39,864
Purchase price data$330,000

($39,864 ÷ 12) ÷ $330,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$330,000
Gross scheduled rent (annual) comp$39,864

$330,000 ÷ $39,864 = 8.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,191
Effective gross income derived$36,675

$23,191 ÷ $36,675 = 63.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,191
Annual debt service derived$20,358
Annual PMI assumption$0
Gross scheduled rent (annual) comp$39,864

($23,191 + $20,358 + $0) ÷ $39,864 = 109.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment321,500$3,9002026-07-16
apartment321,500$3,4002026-05-07
condos311,549$1,4002026-08-24
apartment321,070$3,243
apartment321,070$3,273
apartment321,070$3,322
apartment321,558$4,190

3225 SW 58th Ave Unit Back

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-07-16
Days on market

Asking rent: $3,900

View on Zillow →

2225 SW 62nd Ct Unit 2225

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-05-07
Days on market

Asking rent: $3,400

View on Zillow →

7300 S Waterway Dr Unit 0

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,549
Listed2026-08-24
Days on market

Asking rent: $1,400

View on Zillow →

2201 Ludlam Rd Apt 761

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,070
Listed
Days on market

Asking rent: $3,243

View on Zillow →

2201 Ludlam Rd Ph 811

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,070
Listed
Days on market

Asking rent: $3,273

View on Zillow →

2201 Ludlam Rd Apt 311

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,070
Listed
Days on market

Asking rent: $3,322

View on Zillow →

2901 SW 69th Ct # 3000-3424

Miami, 33155 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,558
Listed
Days on market

Asking rent: $4,190

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
3817 SW 82nd Ave Unit IX46condos331,229$465,0002026-08-05
6821 SW 44th St Apt 203condos32$460,0002026-03-19
6821 SW 44th St Apt 201condos32$455,0002025-11-18
6821 SW 44th St Apt 102condos32$425,0002025-10-17
6821 SW 44th St Apt 302condos32$440,0002025-09-10
4732 SW 67th Ave Apt K2condos321,234$530,0002025-08-28

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
3815 SW 82nd Ave Apt 41townhomes321,113$549,999
6566 SW 52nd Tersingle_family331,408$1,000,000
3240 SW 84th Avesingle_family311,098$619,990
2635 SW 64th Avesingle_family321,718$1,299,999
6561 SW 34th Stsingle_family31804$655,000
2825 SW 79th Ctsingle_family333,434$1,250,000
2053 SW 60th Avemulti_family321,348$779,900
2830 SW 63rd Avesingle_family321,036$785,000

10-year hold projection

IRR3.3%
Equity multiple1.54x
Total return (10yr)$87,494
YearProperty valueNOICash flowLoan balanceEquity
1$339,900$13,484-$8,868$261,138$78,762
2$350,097$14,004-$8,397$258,079$92,018
3$360,600$14,543-$7,909$254,810$105,790
4$371,418$15,101-$7,404$251,316$120,102
5$382,560$15,679-$6,879$247,583$134,978
6$394,037$16,278-$6,336$243,593$150,444
7$405,858$16,897-$5,773$239,329$166,529
8$418,034$17,538-$5,189$234,772$183,262
9$430,575$18,202-$4,585$229,903$200,672
10$443,492$18,890-$3,958$224,699$218,793
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.