792 SW 9th St

Florida City, FL 33034 · single_family · For Sale · 22 days on market
Asking price$365,000
3 beds 2 baths 1,053 sqft
Suggested offer$311,235$53,765 above the est. market value of $311,235.
View on Realtor.com →
Listed by Roman Pavlik · Laurie Finkelstein Reader Team
Typesingle_family
Built1994
Price / sqft$347
Est. value (own analysis)$311,235
Rent estimate (own analysis)$2,350/mo
HOA$150/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-12
Removed date
MLSMiamiMLS #A12062622
Coordinates25.43878, -80.48900
Address792 SW 9th St
CityFlorida City
StateFL
Zip33034
Listing ID5758415986
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33034)

Typical home value (ZHVI)$382,671
Typical rent (ZORI)$2,436/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$365,000
Down payment (20.0%)$73,000
Loan amount$292,000
Closing costs (5.0%)$18,250
Total cash to close$91,250
Rent (comp-derived)$2,350$28,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$28,200
Vacancy rate (assumption) assumption8.0%

$28,200 × 8.0% = $2,256

Effective gross income$2,162$25,944
Property tax (placeholder 1.9% of price)$578$6,935
Insurance (placeholder 0.8% of price)$243$2,920
HOA dues$150$1,800
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$118$1,410
Total operating expenses$1,089$13,065
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,944
Total operating expenses derived$13,065

$25,944 − $13,065 = $12,879

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$292,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$292,000 amortized at 6.7% over 30 years = $1,876/mo

CapEx reserve (5.0% of GSR)$118$1,410
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$12,879
Annual debt service derived$22,518
Annual CapEx reserve assumption$1,410
Annual PMI assumption$0

($12,879 − $22,518 − $1,410 − $0) ÷ 12 = -$921

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,879
Purchase price data$365,000

$12,879 ÷ $365,000 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,049
Total cash to close derived$91,250

-$11,049 ÷ $91,250 = -12.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,879
Annual debt service derived$22,518

$12,879 ÷ $22,518 = 0.57

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$28,200
Purchase price data$365,000

($28,200 ÷ 12) ÷ $365,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$365,000
Gross scheduled rent (annual) comp$28,200

$365,000 ÷ $28,200 = 12.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,065
Effective gross income derived$25,944

$13,065 ÷ $25,944 = 50.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,065
Annual debt service derived$22,518
Annual PMI assumption$0
Gross scheduled rent (annual) comp$28,200

($13,065 + $22,518 + $0) ÷ $28,200 = 126.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,050$2,1502026-08-20
single_family321,099$2,1002026-07-01
single_family321,053$2,2002026-06-26
single_family321,175$2,6752026-05-26
single_family321,170$2,7002026-08-10
single_family321,200$2,3002026-07-19
single_family321,000$1,750
single_family331,414$2,400
single_family331,376$3,000
single_family321,230$2,500
single_family321,099$2,3002026-07-27
single_family311,196$3,3002026-08-29

879 SW 10th St Unit 0

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,050
Listed2026-08-20
Days on market

Asking rent: $2,150

View on Zillow →

768 SW 9th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,099
Listed2026-07-01
Days on market

Asking rent: $2,100

View on Zillow →

848 SW 10th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,053
Listed2026-06-26
Days on market

Asking rent: $2,200

View on Zillow →

639 SW 3rd Ter

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,175
Listed2026-05-26
Days on market

Asking rent: $2,675

View on Zillow →

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,170
Listed2026-08-10
Days on market

Asking rent: $2,700

View on Zillow →

320 SE 26 Ter Unit Na

Cape Coral, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-07-19
Days on market

Asking rent: $2,300

View on Zillow →

1218 NW 8th Pl

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed
Days on market

Asking rent: $1,750

View on Zillow →

17854 SW 358th St

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,414
Listed
Days on market

Asking rent: $2,400

View on Zillow →

117 NE 3rd Ct

Homestead, 33034 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,376
Listed
Days on market

Asking rent: $3,000

View on Zillow →

594 NW 14th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,230
Listed
Days on market

Asking rent: $2,500

View on Zillow →

738 SW 9th St

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,099
Listed2026-07-27
Days on market

Asking rent: $2,300

View on Zillow →

408 NW 12th St Unit 0

Florida City, 33034 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,196
Listed2026-08-29
Days on market

Asking rent: $3,300

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
990 SW 9th Ctsingle_family321,053$379,9002026-08-12
578 SW 2nd Stsingle_family321,196$444,0002026-08-07
655 SW 4th Tersingle_family312,283$225,0002026-07-02
1616 NW 7th Plsingle_family321,358$389,0002026-05-26
743 NW 7th Avesingle_family311,075$415,0002026-05-20
19555 SW 339th Tersingle_family331,732$512,0002026-05-18
600 NE 5th Tersingle_family321,521$449,5002026-04-16
19225 SW 334th Stsingle_family31880$430,0002026-04-15
18860 SW 354th Tersingle_family321,440$560,0002026-04-07
624 NE 5th Waysingle_family321,521$420,0002026-02-12
432 NW 15th Stsingle_family321,092$320,0002026-02-12
561 NW 10 Ctsingle_family33$303,4752026-02-03
19645 SW 339th Tersingle_family321,749$511,6002025-12-30
34480 SW 191st Avesingle_family33$395,0002025-12-03
854 SW 9th Ctsingle_family321,344$283,0002025-10-15
175 SW 6th Lnsingle_family321,276$300,0002025-10-10
1461 NW 2nd Ctsingle_family31858$255,0002025-10-09
360 SW 3rd Stsingle_family311,300$395,0002025-09-29

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
1431 NE 5th Avenuetownhomes321,448$450,990
35605 SW 180th Avesingle_family321,414$342,990
35817 SW 178th Cttownhomes331,338$393,790
SW 328 St & SW 172nd Avesingle_family321,545$363,990
18917 SW 357 Stcondo_townhome_rowhome_coop331,460$347,090
18927 SW 357 Stcondo_townhome_rowhome_coop331,373$343,590
SW 336 St & SW 194 Avesingle_family321,732$546,990
35605 SW 180th Avesingle_family321,545$351,990

10-year hold projection

IRR2.1%
Equity multiple1.34x
Total return (10yr)$79,071
YearProperty valueNOICash flowLoan balanceEquity
1$375,950$12,879-$11,049$288,834$87,116
2$387,229$13,331-$10,632$285,451$101,778
3$398,845$13,798-$10,201$281,835$117,010
4$410,811$14,280-$9,756$277,971$132,840
5$423,135$14,779-$9,295$273,842$149,293
6$435,829$15,294-$8,819$269,429$166,400
7$448,904$15,827-$8,326$264,713$184,191
8$462,371$16,378-$7,816$259,673$202,698
9$476,242$16,947-$7,289$254,288$221,955
10$490,529$17,535-$6,744$248,532$241,998
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.