15560 SW 104th Ter Apt 614
Miami, FL 33196 · condos · For Sale · 100 days on market
Asking price$219,900
1 beds 1 baths 588 sqft
Suggested offer$194,303$25,597 above the est. market value of $194,303.
View on Realtor.com →Listed by Jose Campos · United Realty Group Inc
Typecondos
Built1989
Price / sqft$374
Est. value (own analysis)$194,303
Rent estimate (own analysis)$2,025/mo
HOA$263/mo
1 / 16
Show every detail
Statusfor_sale
Listed date2026-05-25
Removed date—
MLSMiamiMLS #A12024898
Coordinates25.66893, -80.44788
Address15560 SW 104th Ter Apt 614
CityMiami
StateFL
Zip33196
Listing ID5798470423
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33196)
Typical home value (ZHVI)$568,371
Typical rent (ZORI)$2,615/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 | $219,900 |
| Down payment (20.0%) | $43,980 |
| Loan amount | $175,920 |
| Closing costs (5.0%) | $10,995 |
| Total cash to close | $54,975 |
| Income | |
| Rent (comp-derived) | $2,025$24,300 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,863$22,356 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $348$4,178 |
| Insurance (placeholder 0.8% of price) | $147$1,759 |
| HOA dues | $263$3,156 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $101$1,215 |
| Total operating expenses | $859$10,308 |
| 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) | $101$1,215 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 638 | $1,833 | 2025-04-02 | — | |
| condos | 1 | 1 | 693 | $1,750 | 2026-08-12 | — | |
| apartment | 1 | 1 | 615 | $2,081 | 2025-11-20 | — | |
| condos | 1 | 1 | 747 | $2,200 | 2026-08-05 | — | |
| condos | 1 | 1 | 588 | $1,696 | 2026-07-23 | — | |
| condos | 1 | 1 | 586 | $2,100 | 2026-07-23 | — | |
| condos | 1 | 1 | 693 | $1,750 | 2026-07-21 | — | |
| condos | 1 | 1 | 693 | $1,800 | 2026-07-20 | — | |
| apartment | 1 | 1 | 651 | $1,950 | 2026-07-19 | — | |
| condos | 1 | 1 | 651 | $1,900 | 2026-07-13 | — | |
| condos | 1 | 1 | 588 | $1,800 | 2026-07-13 | — | |
| condos | 1 | 1 | 575 | $1,700 | 2026-07-07 | — | |
| apartment | 1 | 1 | 693 | $1,775 | 2026-06-26 | — | |
| condos | 1 | 1 | 693 | $1,725 | 2026-06-23 | — | |
| condos | 1 | 1 | 693 | $2,000 | 2026-05-24 | — | |
| apartment | 1 | 1 | 747 | $2,200 | 2026-05-19 | — | |
| condos | 1 | 1 | 586 | $1,800 | 2026-05-14 | — | |
| apartment | 1 | 1 | 781 | $2,590 | 2026-05-07 | — | |
| condos | 1 | 1 | 693 | $1,800 | 2026-04-30 | — | |
| apartment | 1 | 1 | 600 | $1,700 | 2026-01-22 | — | |
| condos | 1 | 1 | 558 | $1,850 | 2026-03-30 | — | |
| condos | 1 | 1 | 586 | $2,000 | 2026-03-10 | — | |
| apartment | 1 | 1 | 625 | $1,895 | — | — | |
| apartment | 1 | 1 | 552 | $1,884 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 725 | $2,059 | — | — | |
| apartment | 1 | 1 | 643 | $2,056 | — | — | |
| apartment | 1 | 1 | 725 | $2,039 | — | — | |
| apartment | 1 | 1 | 785 | $2,134 | — | — | |
| apartment | 1 | 1 | 643 | $2,026 | — | — | |
| apartment | 1 | 1 | 781 | $2,500 | — | — | |
| apartment | 1 | 1 | 781 | $2,480 | — | — | |
| apartment | 1 | 1 | 781 | $2,475 | — | — | |
| apartment | 1 | 1 | 625 | $1,895 | 2026-08-28 | — | |
| apartment | 1 | 1 | 615 | $2,144 | — | — | |
| apartment | 1 | 1 | 552 | $1,884 | — | — | |
| apartment | 1 | 1 | 552 | $1,884 | — | — | |
| apartment | 1 | 1 | 625 | $1,895 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 552 | $1,904 | — | — | |
| apartment | 1 | 1 | 685 | $1,984 | — | — | |
| apartment | 1 | 1 | 685 | $1,984 | — | — | |
| apartment | 1 | 1 | 643 | $2,016 | — | — | |
| apartment | 1 | 1 | 643 | $1,961 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 718 | $2,108 | — | — | |
| apartment | 1 | 1 | 643 | $2,026 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 758 | $2,059 | — | — | |
| apartment | 1 | 1 | 615 | $2,110 | — | — | |
| apartment | 1 | 1 | 758 | $2,059 | — | — | |
| apartment | 1 | 1 | 625 | $2,025 | — | — | |
| apartment | 1 | 1 | 643 | $2,046 | — | — | |
| apartment | 1 | 1 | 755 | $2,091 | — | — | |
| apartment | 1 | 1 | 781 | $2,505 | — | — | |
| apartment | 1 | 1 | 725 | $2,384 | — | — | |
| apartment | 1 | 1 | 758 | $2,024 | — | — | |
| apartment | 1 | 1 | 615 | $2,503 | — | — | |
| apartment | 1 | 1 | 615 | $2,503 | — | — | |
| apartment | 1 | 1 | 781 | $2,460 | — | — | |
| apartment | 1 | 1 | 781 | $2,475 | — | — | |
| apartment | 1 | 1 | 781 | $2,515 | — | — | |
| apartment | 1 | 1 | 781 | $2,450 | — | — | |
| apartment | 1 | 1 | 781 | $2,455 | — | — | |
| apartment | 1 | 1 | 781 | $2,445 | — | — | |
| apartment | 1 | 1 | 781 | $2,480 | — | — | |
| apartment | 1 | 1 | 781 | $2,465 | — | — | |
| apartment | 1 | 1 | 781 | $2,470 | — | — | |
| apartment | 1 | 1 | 781 | $2,460 | — | — | |
| apartment | 1 | 1 | 781 | $2,475 | — | — | |
| apartment | 1 | 1 | 781 | $2,515 | — | — | |
| apartment | 1 | 1 | 615 | $2,503 | — | — |
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 |
|---|---|---|---|---|---|---|
| 15340 SW 106th Ter Apt 819 | condos | 1 | 1 | 693 | $229,000 | 2026-07-10 |
| 10360 SW 150th Ct Apt 12104 | condos | 1 | 1 | 804 | $250,000 | 2026-06-04 |
| 15560 SW 106th Ln Apt 1313 | condos | 1 | 1 | 586 | $198,850 | 2026-06-03 |
| 15570 SW 105th Ln Apt 1717 | condos | 1 | 1 | 586 | $193,850 | 2026-06-03 |
| 15560 SW 104th Ter Apt 6111 | condos | 1 | 1 | 588 | $235,000 | 2026-02-25 |
| 10360 SW 150th Ct Apt 12203 | condos | 1 | 1 | 820 | $225,000 | 2026-01-22 |
| 15050 SW 103rd Ter Apt 7102 | condos | 1 | 1 | 804 | $247,500 | 2025-12-29 |
| 15290 SW 106th Ln Apt 316 | condos | 1 | 1 | 693 | $208,000 | 2025-10-29 |
| 9721 Hammocks Blvd Apt 206 | condos | 1 | 1 | 650 | $220,000 | 2025-09-23 |
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 |
|---|---|---|---|---|---|---|
| 15290 SW 106th Ln Apt 317 | condos | 1 | 1 | 693 | $235,000 | — |
| 15340 SW 106th Ter Apt 817 | condos | 1 | 1 | 693 | $174,900 | — |
| 15050 SW 103rd Ter Apt 7202 | condos | 1 | 1 | 820 | $265,000 | — |
| 10560 SW 156th Pl Apt 208 | condos | 1 | 1 | 651 | $279,000 | — |
| 15551 SW 104th Ter Apt 828 | condos | 1 | 1 | 588 | $230,000 | — |
| 10670 SW 156th Pl Apt 308 | condos | 1 | 1 | 651 | $285,000 | — |
| 10500 SW 155th Ct Apt 1026 | condos | 1 | 1 | 747 | $235,000 | — |
| 10370 SW 150th Ct Apt 9202 | condos | 1 | 1 | 579 | $240,000 | — |
10-year hold projection
IRR7.4%
Equity multiple2.18x
Total return (10yr)$93,341
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $226,497 | $12,048 | -$2,733 | $174,013 | $52,484 |
| 2 | $233,292 | $12,461 | -$2,351 | $171,974 | $61,318 |
| 3 | $240,291 | $12,887 | -$1,955 | $169,796 | $70,495 |
| 4 | $247,499 | $13,328 | -$1,546 | $167,468 | $80,031 |
| 5 | $254,924 | $13,783 | -$1,124 | $164,980 | $89,944 |
| 6 | $262,572 | $14,254 | -$687 | $162,322 | $100,250 |
| 7 | $270,449 | $14,740 | -$235 | $159,481 | $110,969 |
| 8 | $278,563 | $15,242 | $231 | $156,444 | $122,118 |
| 9 | $286,920 | $15,760 | $714 | $153,199 | $133,720 |
| 10 | $295,527 | $16,296 | $1,212 | $149,732 | $145,795 |
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.