6553 SW 148th Pl

Miami, FL 33193 · single_family · For Sale · 372 days on market
Asking price$810,000
5 beds 5 baths 2,168 sqft
Suggested offer$693,998$116,002 above the est. market value of $693,998.
View on Realtor.com →
Listed by Tamara Martin · Coldwell Banker Realty
Typesingle_family
Built1983
Price / sqft$374
Est. value (own analysis)$693,998
Rent estimate (own analysis)$5,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-08-26
Removed date
MLSMiamiMLS #A11863939
Coordinates25.70490, -80.43338
Address6553 SW 148th Pl
CityMiami
StateFL
Zip33193
Listing ID5767973737
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)

Purchase price$810,000
Down payment (20.0%)$162,000
Loan amount$648,000
Closing costs (5.0%)$40,500
Total cash to close$202,500
Rent (comp-derived)$5,000$60,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$60,000
Vacancy rate (assumption) assumption8.0%

$60,000 × 8.0% = $4,800

Effective gross income$4,600$55,200
Property tax (placeholder 1.9% of price)$1,283$15,390
Insurance (placeholder 0.8% of price)$540$6,480
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$250$3,000
Total operating expenses$2,073$24,870
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$55,200
Total operating expenses derived$24,870

$55,200 − $24,870 = $30,330

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$648,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$648,000 amortized at 6.7% over 30 years = $4,164/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$30,330
Annual debt service derived$49,971
Annual CapEx reserve assumption$3,000
Annual PMI assumption$0

($30,330 − $49,971 − $3,000 − $0) ÷ 12 = -$1,887

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$30,330
Purchase price data$810,000

$30,330 ÷ $810,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$22,641
Total cash to close derived$202,500

-$22,641 ÷ $202,500 = -11.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$30,330
Annual debt service derived$49,971

$30,330 ÷ $49,971 = 0.61

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$60,000
Purchase price data$810,000

($60,000 ÷ 12) ÷ $810,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$810,000
Gross scheduled rent (annual) comp$60,000

$810,000 ÷ $60,000 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$24,870
Effective gross income derived$55,200

$24,870 ÷ $55,200 = 45.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$24,870
Annual debt service derived$49,971
Annual PMI assumption$0
Gross scheduled rent (annual) comp$60,000

($24,870 + $49,971 + $0) ÷ $60,000 = 124.7%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family542,905$5,7252026-09-01
single_family542,612$7,3002026-08-15
single_family532,480$3,8752026-08-15
single_family531,908$5,0002026-08-14
single_family532,176$9,0002026-08-13
single_family532,200$5,2502026-08-13
single_family521,598$5,0002026-08-11
single_family542,323$5,7002026-08-06
single_family531,846$3,6002026-08-05
single_family531,685$3,5002026-07-21
single_family532,547$7,9002026-07-20
single_family532,711$4,5502026-07-19
single_family532,598$4,8002026-07-18
single_family532,781$14,5002026-07-18
single_family582,326$8,2002026-07-13
single_family532,733$6,3002026-07-12
single_family521,729$3,9502026-07-10
single_family542,598$4,6002026-07-08
single_family532,406$4,4002026-07-03
single_family531,650$3,800
single_family531,646$4,8002026-04-18
single_family522,597$13,5002026-06-25
single_family542,092$9,5002026-06-16
single_family532,598$3,2152026-08-18
single_family552,838$7,2502026-05-22
single_family542,740$3,9502026-07-31
single_family532,369$4,2502023-04-07
single_family532,376$3,680
single_family542,916$6,0002026-08-23
single_family542,916$6,0002026-08-25
single_family532,589$4,795
single_family521,974$5,000
single_family532,719$4,750
single_family532,442$6,5002026-08-30
single_family531,971$3,8002026-08-27
single_family532,480$3,875
single_family532,446$7,0002026-09-01

15813 SW 140th St

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,905
Listed2026-09-01
Days on market

Asking rent: $5,725

View on Zillow →

19706 SW 130th Ave Unit 0

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,612
Listed2026-08-15
Days on market

Asking rent: $7,300

View on Zillow →

15157 SW 95th St Unit 15157

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,480
Listed2026-08-15
Days on market

Asking rent: $3,875

View on Zillow →

14571 SW 160th Ct

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,908
Listed2026-08-14
Days on market

Asking rent: $5,000

View on Zillow →

6790 SW 105th Ave

Miami, 33173 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,176
Listed2026-08-13
Days on market

Asking rent: $9,000

View on Zillow →

2802 SW 149th Pl

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,200
Listed2026-08-13
Days on market

Asking rent: $5,250

View on Zillow →

4535 SW 89th Pl Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,598
Listed2026-08-11
Days on market

Asking rent: $5,000

View on Zillow →

9461 SW 62nd St

Miami, 33173 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,323
Listed2026-08-06
Days on market

Asking rent: $5,700

View on Zillow →

16354 SW 48th Ter

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,846
Listed2026-08-05
Days on market

Asking rent: $3,600

View on Zillow →

16227 SW 139th Ct

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,685
Listed2026-07-21
Days on market

Asking rent: $3,500

View on Zillow →

3654 SW 150th Ct

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,547
Listed2026-07-20
Days on market

Asking rent: $7,900

View on Zillow →

16119 SW 61st Ln

Miami, 33193 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,711
Listed2026-07-19
Days on market

Asking rent: $4,550

View on Zillow →

12745 SW 204th Ln

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,598
Listed2026-07-18
Days on market

Asking rent: $4,800

View on Zillow →

10425 SW 62nd St Unit 0

Miami, 33173 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,781
Listed2026-07-18
Days on market

Asking rent: $14,500

View on Zillow →

6790 SW 54th St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 8 ba
Square footage2,326
Listed2026-07-13
Days on market

Asking rent: $8,200

View on Zillow →

4450 SW 164th Ave Unit 0

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,733
Listed2026-07-12
Days on market

Asking rent: $6,300

View on Zillow →

1820 SW 98th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,729
Listed2026-07-10
Days on market

Asking rent: $3,950

View on Zillow →

20255 SW 129th Ave

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,598
Listed2026-07-08
Days on market

Asking rent: $4,600

View on Zillow →

11461 SW 193rd St Unit 0

Miami, 33157 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,406
Listed2026-07-03
Days on market

Asking rent: $4,400

View on Zillow →

12556 SW 194th St

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,650
Listed
Days on market

Asking rent: $3,800

View on Zillow →

8640 SW 125th Ter

Miami, 33156 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,646
Listed2026-04-18
Days on market

Asking rent: $4,800

View on Zillow →

8480 SW 66th St Unit 0

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage2,597
Listed2026-06-25
Days on market

Asking rent: $13,500

View on Zillow →

1920 SW 67th Ave

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,092
Listed2026-06-16
Days on market

Asking rent: $9,500

View on Zillow →

20365 SW 129th Avenue Dr

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,598
Listed2026-08-18
Days on market

Asking rent: $3,215

View on Zillow →

13305 SW 190th Ter Unit 13305

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,838
Listed2026-05-22
Days on market

Asking rent: $7,250

View on Zillow →

13510 SW 177th Ter

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,740
Listed2026-07-31
Days on market

Asking rent: $3,950

View on Zillow →

9311 SW 38th St

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,369
Listed2023-04-07
Days on market

Asking rent: $4,250

View on Zillow →

16147 SW 143rd St

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,376
Listed
Days on market

Asking rent: $3,680

View on Zillow →

16237 SW 44th Ter Unit 0

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,916
Listed2026-08-23
Days on market

Asking rent: $6,000

View on Zillow →

16237 SW 44th Ter # 0

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,916
Listed2026-08-25
Days on market

Asking rent: $6,000

View on Zillow →

1522 SW 144th Ave

Miami, 33184 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,589
Listed
Days on market

Asking rent: $4,795

View on Zillow →

2120 SW 84th Ave

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,974
Listed
Days on market

Asking rent: $5,000

View on Zillow →

8877 SW 36th St

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,719
Listed
Days on market

Asking rent: $4,750

View on Zillow →

2216 SW 62nd Ave Unit 0

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,442
Listed2026-08-30
Days on market

Asking rent: $6,500

View on Zillow →

9851 SW 117th Ct

Miami, 33186 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,971
Listed2026-08-27
Days on market

Asking rent: $3,800

View on Zillow →

15157 SW 95th St # 0

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,480
Listed
Days on market

Asking rent: $3,875

View on Zillow →

2601 SW 143rd Ave

Miami, 33175 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,446
Listed2026-09-01
Days on market

Asking rent: $7,000

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
16016 SW 66th Tersingle_family532,242$755,0002026-07-23
6153 SW 154th Ctsingle_family532,395$760,0002026-07-13
15902 SW 66th Tersingle_family533,370$700,0002026-05-29
16301 SW 70th Stsingle_family542,003$815,0002026-05-29
15910 SW 69th Lnsingle_family533,265$955,0002026-04-14
6042 SW 159th Ctsingle_family532,591$1,200,0002026-04-10
15109 SW 71st Lnsingle_family531,885$680,0002026-03-31
5902 SW 166th Ctsingle_family543,009$885,0002026-03-09
7936 SW 164th Plsingle_family543,202$875,0002026-02-04
7831 SW 164th Avesingle_family543,202$1,100,0002025-12-16
7310 SW 163rd Plsingle_family563,639$1,175,0002025-11-26
15002 SW 67th Lnsingle_family532,421$790,0002025-11-21
16472 SW 58th Tersingle_family542,868$995,0002025-11-20
16063 SW 63rd Tersingle_family533,286$790,0002025-11-17
15802 SW 63rd Tersingle_family543,748$750,0002025-10-28
16344 SW 66th Stsingle_family533,078$780,0002025-10-16

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.

AddressTypeBedsBathsSqftAsking priceDays on market
15809 SW 65th Tersingle_family532,618$799,000
5861 SW 149th Ctsingle_family531,764$690,000
15022 SW 67th Lnsingle_family532,206$853,000
15877 SW 61st Waysingle_family532,378$935,000
6743 SW 163rd Plsingle_family532,863$1,095,000
16125 SW 65th Lnsingle_family533,468$1,050,000
6114 SW 158th Passsingle_family532,372$725,000
16448 SW 67th Tersingle_family532,492$877,777

10-year hold projection

IRR2.8%
Equity multiple1.44x
Total return (10yr)$195,897
YearProperty valueNOICash flowLoan balanceEquity
1$834,300$30,330-$22,641$640,974$193,326
2$859,329$31,364-$21,681$633,466$225,863
3$885,109$32,433-$20,690$625,442$259,667
4$911,662$33,536-$19,665$616,868$294,795
5$939,012$34,676-$18,606$607,704$331,308
6$967,182$35,854-$17,511$597,911$369,271
7$996,198$37,070-$16,380$587,446$408,752
8$1,026,084$38,326-$15,210$576,262$449,822
9$1,056,866$39,624-$14,002$564,309$492,557
10$1,088,572$40,964-$12,753$551,537$537,036
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.