16448 SW 67th Ter
Miami, FL 33193 · single_family · For Sale · 367 days on market
Asking price$877,777
5 beds 3 baths 2,492 sqft
Suggested offer$797,714$80,063 above the est. market value of $797,714.
View on Realtor.com →Listed by Richard Alzerreca · LPT Realty
Typesingle_family
Built2002
Price / sqft$352
Est. value (own analysis)$797,714
Rent estimate (own analysis)$5,000/mo
HOANone
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Statusfor_sale
Listed date2025-09-01
Removed date—
MLSMiamiMLS #A11869042
Coordinates25.70225, -80.45990
Address16448 SW 67th Ter
CityMiami
StateFL
Zip33193
Listing ID5725898592
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33193)
Typical home value (ZHVI)$445,241
Typical rent (ZORI)$2,377/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 | $877,777 |
| Down payment (20.0%) | $175,555 |
| Loan amount | $702,222 |
| Closing costs (5.0%) | $43,889 |
| Total cash to close | $219,444 |
| Income | |
| Rent (comp-derived) | $5,000$60,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,600$55,200 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,390$16,678 |
| Insurance (placeholder 0.8% of price) | $585$7,022 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $250$3,000 |
| Total operating expenses | $2,225$26,700 |
| 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) | $250$3,000 |
| 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 | 5 | 4 | 2,905 | $5,725 | 2026-09-01 | — | |
| single_family | 5 | 3 | 3,050 | $5,999 | 2026-08-18 | — | |
| single_family | 5 | 4 | 2,612 | $7,300 | 2026-08-15 | — | |
| single_family | 5 | 3 | 2,480 | $3,875 | 2026-08-15 | — | |
| single_family | 5 | 3 | 1,908 | $5,000 | 2026-08-14 | — | |
| single_family | 5 | 3 | 2,176 | $9,000 | 2026-08-13 | — | |
| single_family | 5 | 3 | 2,200 | $5,250 | 2026-08-13 | — | |
| single_family | 5 | 4 | 2,323 | $5,700 | 2026-08-06 | — | |
| single_family | 5 | 3 | 1,846 | $3,600 | 2026-08-05 | — | |
| single_family | 5 | 3 | 3,116 | $4,850 | — | — | |
| single_family | 5 | 3 | 1,685 | $3,500 | 2026-07-21 | — | |
| single_family | 5 | 3 | 2,547 | $7,900 | 2026-07-20 | — | |
| single_family | 5 | 3 | 2,711 | $4,550 | 2026-07-19 | — | |
| single_family | 5 | 3 | 2,598 | $4,800 | 2026-07-18 | — | |
| single_family | 5 | 3 | 2,781 | $14,500 | 2026-07-18 | — | |
| single_family | 5 | 4 | 3,073 | $5,000 | 2026-07-18 | — | |
| single_family | 5 | 8 | 2,326 | $8,200 | 2026-07-13 | — | |
| single_family | 5 | 4 | 3,073 | $5,000 | 2026-07-13 | — | |
| single_family | 5 | 3 | 2,733 | $6,300 | 2026-07-12 | — | |
| single_family | 5 | 2 | 1,729 | $3,950 | 2026-07-10 | — | |
| single_family | 5 | 4 | 2,598 | $4,600 | 2026-07-08 | — | |
| single_family | 5 | 3 | 3,001 | $5,200 | 2026-07-07 | — | |
| single_family | 5 | 3 | 2,406 | $4,400 | 2026-07-03 | — | |
| single_family | 5 | 4 | 3,349 | $5,700 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,294 | $5,995 | 2026-08-24 | — | |
| single_family | 5 | 3 | 1,650 | $3,800 | — | — | |
| single_family | 5 | 3 | 1,646 | $4,800 | 2026-04-18 | — | |
| single_family | 5 | 2 | 2,597 | $13,500 | 2026-06-25 | — | |
| single_family | 5 | 3 | 2,598 | $3,215 | 2026-08-18 | — | |
| single_family | 5 | 5 | 2,838 | $7,250 | 2026-05-22 | — | |
| single_family | 5 | 4 | 2,740 | $3,950 | 2026-07-31 | — | |
| single_family | 5 | 4 | 3,082 | $8,000 | 2026-07-31 | — | |
| single_family | 5 | 3 | 2,369 | $4,250 | 2023-04-07 | — | |
| single_family | 5 | 3 | 2,376 | $3,680 | — | — | |
| single_family | 5 | 4 | 2,916 | $6,000 | 2026-08-23 | — | |
| single_family | 5 | 3 | 2,946 | $5,000 | — | — | |
| single_family | 5 | 4 | 2,916 | $6,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 2,589 | $4,795 | — | — | |
| single_family | 5 | 3 | 3,114 | $5,900 | — | — | |
| single_family | 5 | 2 | 1,974 | $5,000 | — | — | |
| single_family | 5 | 4 | 3,103 | $10,000 | — | — | |
| single_family | 5 | 3 | 2,719 | $4,750 | — | — | |
| single_family | 5 | 3 | 3,312 | $6,500 | 2026-08-27 | — | |
| single_family | 5 | 3 | 1,971 | $3,800 | 2026-08-27 | — | |
| single_family | 5 | 3 | 2,480 | $3,875 | — | — | |
| single_family | 5 | 3 | 2,446 | $7,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 16016 SW 66th Ter | single_family | 5 | 3 | 2,242 | $755,000 | 2026-07-23 |
| 6153 SW 154th Ct | single_family | 5 | 3 | 2,395 | $760,000 | 2026-07-13 |
| 15902 SW 66th Ter | single_family | 5 | 3 | 3,370 | $700,000 | 2026-05-29 |
| 16301 SW 70th St | single_family | 5 | 4 | 2,003 | $815,000 | 2026-05-29 |
| 15910 SW 69th Ln | single_family | 5 | 3 | 3,265 | $955,000 | 2026-04-14 |
| 6042 SW 159th Ct | single_family | 5 | 3 | 2,591 | $1,200,000 | 2026-04-10 |
| 15109 SW 71st Ln | single_family | 5 | 3 | 1,885 | $680,000 | 2026-03-31 |
| 5902 SW 166th Ct | single_family | 5 | 4 | 3,009 | $885,000 | 2026-03-09 |
| 7936 SW 164th Pl | single_family | 5 | 4 | 3,202 | $875,000 | 2026-02-04 |
| 7831 SW 164th Ave | single_family | 5 | 4 | 3,202 | $1,100,000 | 2025-12-16 |
| 7310 SW 163rd Pl | single_family | 5 | 6 | 3,639 | $1,175,000 | 2025-11-26 |
| 15002 SW 67th Ln | single_family | 5 | 3 | 2,421 | $790,000 | 2025-11-21 |
| 16472 SW 58th Ter | single_family | 5 | 4 | 2,868 | $995,000 | 2025-11-20 |
| 16063 SW 63rd Ter | single_family | 5 | 3 | 3,286 | $790,000 | 2025-11-17 |
| 15802 SW 63rd Ter | single_family | 5 | 4 | 3,748 | $750,000 | 2025-10-28 |
| 16344 SW 66th St | single_family | 5 | 3 | 3,078 | $780,000 | 2025-10-16 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 15809 SW 65th Ter | single_family | 5 | 3 | 2,618 | $799,000 | — |
| 5861 SW 149th Ct | single_family | 5 | 3 | 1,764 | $690,000 | — |
| 15022 SW 67th Ln | single_family | 5 | 3 | 2,206 | $853,000 | — |
| 15877 SW 61st Way | single_family | 5 | 3 | 2,378 | $935,000 | — |
| 6743 SW 163rd Pl | single_family | 5 | 3 | 2,863 | $1,095,000 | — |
| 16125 SW 65th Ln | single_family | 5 | 3 | 3,468 | $1,050,000 | — |
| 6114 SW 158th Pass | single_family | 5 | 3 | 2,372 | $725,000 | — |
| 6553 SW 148th Pl | single_family | 5 | 5 | 2,168 | $810,000 | — |
10-year hold projection
IRR1.4%
Equity multiple1.23x
Total return (10yr)$164,964
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $904,110 | $28,500 | -$28,652 | $694,608 | $209,502 |
| 2 | $931,234 | $29,489 | -$27,739 | $686,471 | $244,762 |
| 3 | $959,171 | $30,510 | -$26,794 | $677,776 | $281,395 |
| 4 | $987,946 | $31,566 | -$25,817 | $668,484 | $319,462 |
| 5 | $1,017,584 | $32,656 | -$24,807 | $658,553 | $359,031 |
| 6 | $1,048,112 | $33,783 | -$23,763 | $647,941 | $400,171 |
| 7 | $1,079,555 | $34,948 | -$22,683 | $636,599 | $442,956 |
| 8 | $1,111,942 | $36,151 | -$21,567 | $624,479 | $487,462 |
| 9 | $1,145,300 | $37,394 | -$20,413 | $611,527 | $533,773 |
| 10 | $1,179,659 | $38,679 | -$19,220 | $597,685 | $581,974 |
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.