4540 SW 68th Court Cir Unit 43-7

Miami, FL 33155 · condos · For Sale · 93 days on market
Asking price$363,000
1 beds 2 baths 900 sqft
Suggested offer$332,451$30,549 above the est. market value of $332,451.
View on Realtor.com →
Listed by Melinda Bejerano · One Stop Realty
Typecondos
Built1985
Price / sqft$403
Est. value (own analysis)$332,451
Rent estimate (own analysis)$2,570/mo
HOA$345/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-01
Removed date
MLSMiamiMLS #A12027517
Coordinates25.72941, -80.30449
Address4540 SW 68th Court Cir Unit 43-7
CityMiami
StateFL
Zip33155
Listing ID5710409228
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$363,000
Down payment (20.0%)$72,600
Loan amount$290,400
Closing costs (5.0%)$18,150
Total cash to close$90,750
Rent (comp-derived)$2,570$30,840
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,840
Vacancy rate (assumption) assumption8.0%

$30,840 × 8.0% = $2,467

Effective gross income$2,364$28,373
Property tax (placeholder 1.9% of price)$575$6,897
Insurance (placeholder 0.8% of price)$242$2,904
HOA dues$345$4,140
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$129$1,542
Total operating expenses$1,290$15,483
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,373
Total operating expenses derived$15,483

$28,373 − $15,483 = $12,890

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$290,400
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$290,400 amortized at 6.7% over 30 years = $1,866/mo

CapEx reserve (5.0% of GSR)$129$1,542
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$12,890
Annual debt service derived$22,394
Annual CapEx reserve assumption$1,542
Annual PMI assumption$0

($12,890 − $22,394 − $1,542 − $0) ÷ 12 = -$921

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,890
Purchase price data$363,000

$12,890 ÷ $363,000 = 3.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,046
Total cash to close derived$90,750

-$11,046 ÷ $90,750 = -12.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,890
Annual debt service derived$22,394

$12,890 ÷ $22,394 = 0.58

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,840
Purchase price data$363,000

($30,840 ÷ 12) ÷ $363,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$363,000
Gross scheduled rent (annual) comp$30,840

$363,000 ÷ $30,840 = 11.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,483
Effective gross income derived$28,373

$15,483 ÷ $28,373 = 54.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,483
Annual debt service derived$22,394
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,840

($15,483 + $22,394 + $0) ÷ $30,840 = 122.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment11749$2,5502024-06-11
apartment11670$2,2952025-10-04
apartment11725$1,6502026-08-14
apartment11750$2,1662025-11-11
condos11633$1,8502026-07-27
condos11628$1,8002026-07-26
apartment11675$1,7602026-09-01
condos11622$1,7502026-06-25
apartment11750$2,6052026-05-07
condos12900$2,5002026-04-29
condos11711$2,2752026-08-02
apartment11605$2,209
apartment11803$2,615
apartment11750$2,837
apartment11745$2,757
apartment11700$2,399
apartment11750$2,797
apartment11750$2,791
apartment11750$2,191
apartment11750$2,843
apartment11750$2,862
apartment11749$2,385
apartment11749$2,490
apartment11750$2,754
apartment11803$2,570
apartment11749$2,698
apartment11803$2,620
apartment11749$2,622
apartment11911$2,720
apartment11803$2,746
apartment11803$2,719
apartment11750$2,206
apartment11765$2,679
apartment11674$2,444
apartment11674$2,334
apartment11815$2,864
apartment11892$2,903
apartment11892$2,997
apartment11948$3,360
apartment11698$2,3672025-12-24
apartment11750$1,5002026-08-28

6970 SW 40th St

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage749
Listed2024-06-11
Days on market

Asking rent: $2,550

View on Zillow →

2101 Ludlam Rd

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage670
Listed2025-10-04
Days on market

Asking rent: $2,295

View on Zillow →

6650 Miller Dr Apt 19

South Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage725
Listed2026-08-14
Days on market

Asking rent: $1,650

View on Zillow →

6880 SW 44th St

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed2025-11-11
Days on market

Asking rent: $2,166

View on Zillow →

4250 SW 67th Ave Apt 24

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage633
Listed2026-07-27
Days on market

Asking rent: $1,850

View on Zillow →

5501 SW 77th Ct Apt 204C

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage628
Listed2026-07-26
Days on market

Asking rent: $1,800

View on Zillow →

6775 SW 44th St Apt 24

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed2026-09-01
Days on market

Asking rent: $1,760

View on Zillow →

3903 SW 78th Ct Apt 205

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage622
Listed2026-06-25
Days on market

Asking rent: $1,750

View on Zillow →

6970 SW 40th St Unit 354

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed2026-05-07
Days on market

Asking rent: $2,605

View on Zillow →

4590 SW 68th Court Cir Apt 8

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage900
Listed2026-04-29
Days on market

Asking rent: $2,500

View on Zillow →

6831 SW 44th St Apt 203

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage711
Listed2026-08-02
Days on market

Asking rent: $2,275

View on Zillow →

2201 Ludlam Rd Ph 803

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage605
Listed
Days on market

Asking rent: $2,209

View on Zillow →

6970 SW 40th St # 320

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $2,615

View on Zillow →

6880 SW 44th St # G28-204

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,837

View on Zillow →

2901 SW 69th Ct # 2000-2109

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage745
Listed
Days on market

Asking rent: $2,757

View on Zillow →

2201 Ludlam Rd Apt 417

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage700
Listed
Days on market

Asking rent: $2,399

View on Zillow →

6880 SW 44th St # F27-207

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,797

View on Zillow →

6880 SW 44th St # G33-204

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,791

View on Zillow →

6880 SW 44th St # F27-107

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,191

View on Zillow →

6880 SW 44th St # I30-210

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,843

View on Zillow →

6880 SW 44th St # G33-213

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,862

View on Zillow →

6970 SW 40th St # 254

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage749
Listed
Days on market

Asking rent: $2,385

View on Zillow →

6970 SW 40th St # 453

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage749
Listed
Days on market

Asking rent: $2,490

View on Zillow →

6880 SW 44th St # F27-110

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,754

View on Zillow →

6970 SW 40th St # 105

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $2,570

View on Zillow →

6970 SW 40th St # 432

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage749
Listed
Days on market

Asking rent: $2,698

View on Zillow →

6970 SW 40th St # 605

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $2,620

View on Zillow →

6970 SW 40th St # 146

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage749
Listed
Days on market

Asking rent: $2,622

View on Zillow →

6970 SW 40th St # 337

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage911
Listed
Days on market

Asking rent: $2,720

View on Zillow →

6970 SW 40th St # 209

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $2,746

View on Zillow →

6970 SW 40th St # 239

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage803
Listed
Days on market

Asking rent: $2,719

View on Zillow →

6880 SW 44th St # G28-205

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $2,206

View on Zillow →

2201 Ludlam Rd Apt 422

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage765
Listed
Days on market

Asking rent: $2,679

View on Zillow →

2201 Ludlam Rd Apt 429

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage674
Listed
Days on market

Asking rent: $2,444

View on Zillow →

2201 Ludlam Rd Apt 109

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage674
Listed
Days on market

Asking rent: $2,334

View on Zillow →

2201 Ludlam Rd Apt 458

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage815
Listed
Days on market

Asking rent: $2,864

View on Zillow →

6970 SW 40th St # 338

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage892
Listed
Days on market

Asking rent: $2,903

View on Zillow →

6970 SW 40th St # 638

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage892
Listed
Days on market

Asking rent: $2,997

View on Zillow →

2901 SW 69th Ct # 2000-2406

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage948
Listed
Days on market

Asking rent: $3,360

View on Zillow →

2872 SW 69th Ave Unit 237

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage698
Listed2025-12-24
Days on market

Asking rent: $2,367

View on Zillow →

6871 SW 37th St Unit A

Miami, 33155 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed2026-08-28
Days on market

Asking rent: $1,500

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
4300 SW 67th Ave Apt 17condos11572$216,0002026-05-26
4444 SW 67th Ave Unit 6condos11516$195,0002026-03-24
6780 SW 44th St Apt 8condos11518$180,0002026-03-23
4300 SW 67th Ave Apt 21condos11623$225,0002026-02-26
3903 SW 78th Ct Apt 207condos11622$205,0002025-12-19
5301 SW 77th Ct Apt 201Gcondos11628$175,0002025-12-17
4250 SW 67th Ave Apt 49condos11$205,0002025-12-02
3855 SW 79th Ave Apt 37condos11542$208,0002025-10-09
4444 SW 67th Ave Unit 2condos11482$210,0002025-09-04

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
3905 SW 78th Ct Apt 205condos11622$205,000
3855 SW 79th Ave Apt 27condos11542$199,999
4550 SW 67th Ave Unit 7condos11540$199,999
3855 SW 79th Ave Apt 45condos11542$204,900
7829 Miller Dr Apt B104condos11760$209,000
3901 SW 78th Ct Unit 1-116condos11533$200,000
3901 SW 78th Ct Apt 221condos11582$205,000
4300 SW 67th Ave Apt 38condos11582$220,000

10-year hold projection

IRR2.1%
Equity multiple1.34x
Total return (10yr)$78,654
YearProperty valueNOICash flowLoan balanceEquity
1$373,890$12,890-$11,046$287,251$86,639
2$385,107$13,354-$10,621$283,887$101,220
3$396,660$13,834-$10,180$280,291$116,369
4$408,560$14,330-$9,725$276,448$132,112
5$420,816$14,844-$9,253$272,341$148,475
6$433,441$15,374-$8,765$267,952$165,489
7$446,444$15,923-$8,259$263,262$183,182
8$459,838$16,491-$7,737$258,250$201,587
9$473,633$17,077-$7,196$252,894$220,739
10$487,842$17,684-$6,636$247,170$240,672
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.