9501 Kerwood Ct

Coral Gables, FL 33156 · single_family · For Sale · 34 days on market
Asking price$8,495,000
7 beds 8 baths 7,169 sqft
Suggested offer$7,343,266$1,151,734 above the est. market value of $7,343,266.
View on Realtor.com →
Listed by David Siddons · Douglas Elliman
Typesingle_family
Built2003
Price / sqft$1185
Est. value (own analysis)$7,343,266
Rent estimate (own analysis)$40,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-30
Removed date
MLSMiamiMLS #A12061332
Coordinates25.68326, -80.28083
Address9501 Kerwood Ct
CityCoral Gables
StateFL
Zip33156
Listing ID5834461253
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$8,495,000
Down payment (20.0%)$1,699,000
Loan amount$6,796,000
Closing costs (5.0%)$424,750
Total cash to close$2,123,750
Rent (comp-derived)$40,000$480,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$480,000
Vacancy rate (assumption) assumption8.0%

$480,000 × 8.0% = $38,400

Effective gross income$36,800$441,600
Property tax (placeholder 1.9% of price)$13,450$161,405
Insurance (placeholder 0.8% of price)$5,663$67,960
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,000$24,000
Total operating expenses$21,114$253,365
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$441,600
Total operating expenses derived$253,365

$441,600 − $253,365 = $188,235

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$6,796,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$6,796,000 amortized at 6.7% over 30 years = $43,673/mo

CapEx reserve (5.0% of GSR)$2,000$24,000
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$188,235
Annual debt service derived$524,075
Annual CapEx reserve assumption$24,000
Annual PMI assumption$0

($188,235 − $524,075 − $24,000 − $0) ÷ 12 = -$29,987

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$188,235
Purchase price data$8,495,000

$188,235 ÷ $8,495,000 = 2.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$359,840
Total cash to close derived$2,123,750

-$359,840 ÷ $2,123,750 = -16.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$188,235
Annual debt service derived$524,075

$188,235 ÷ $524,075 = 0.36

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$480,000
Purchase price data$8,495,000

($480,000 ÷ 12) ÷ $8,495,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$8,495,000
Gross scheduled rent (annual) comp$480,000

$8,495,000 ÷ $480,000 = 17.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$253,365
Effective gross income derived$441,600

$253,365 ÷ $441,600 = 57.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$253,365
Annual debt service derived$524,075
Annual PMI assumption$0
Gross scheduled rent (annual) comp$480,000

($253,365 + $524,075 + $0) ÷ $480,000 = 162.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family775,119$13,9902026-06-17
single_family787,073$55,0002026-08-06
single_family7106,828$40,0002026-08-10

8480 SW 98th St

Miami, 33156 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage5,119
Listed2026-06-17
Days on market

Asking rent: $13,990

View on Zillow →

11010 SW 69th Ave Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms7 bd / 8 ba
Square footage7,073
Listed2026-08-06
Days on market

Asking rent: $55,000

View on Zillow →

11275 SW 64th Ave

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms7 bd / 10 ba
Square footage6,828
Listed2026-08-10
Days on market

Asking rent: $40,000

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
12220 Rock Garden Lnsingle_family766,065$6,575,0002026-08-18
7218 SW 102nd Stsingle_family786,541$6,700,0002026-07-28
12110 SW 60th Ctsingle_family788,321$5,100,0002026-07-27
6690 SW 96th Stsingle_family71010,001$14,500,0002026-07-24
8900 SW 62nd Ctsingle_family786,851$10,000,0002026-07-20
9360 Balada Stsingle_family786,771$20,500,0002026-07-10
7245 SW 104th Stsingle_family779,792$4,900,0002026-06-22
5865 SW 96th Stsingle_family787,811$7,750,0002026-06-22
6695 SW 112th Stsingle_family777,132$5,100,0002026-06-11
5800 Moss Ranch Rdsingle_family796,842$7,630,0002026-05-29
12820 SW 80th Avesingle_family776,977$6,000,0002026-05-19
10101 SW 60th Ctsingle_family7911,493$13,350,0002026-04-30
9500 SW 61st Ctsingle_family7710,393$15,500,0002026-04-01
9320 Balada Stsingle_family787,623$17,950,0002026-03-19
6900 SW 115th Stsingle_family776,411$6,200,0002026-03-18
9601 SW 60th Ctsingle_family788,291$6,600,0002026-03-12
5785 SW 96th Stsingle_family796,631$5,800,0002026-02-13

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
9401 Journeys End Rdsingle_family71012,843$75,000,000
6060 SW 118th Stsingle_family796,825$9,600,000
6200 SW 123rd Tersingle_family798,077$9,990,000
9741 W Suburban Drsingle_family777,196$11,750,000
9440 Old Cutler Lnsingle_family788,997$28,900,000
650 Lugo Avesingle_family759,287$28,000,000
8800 SW 57th Avesingle_family787,384$5,995,000
6371 SW 107th Stsingle_family786,345$12,999,999

10-year hold projection

IRR-1.3%
Equity multiple0.78x
Total return (10yr)$647,521
YearProperty valueNOICash flowLoan balanceEquity
1$8,749,850$188,235-$359,840$6,722,316$2,027,534
2$9,012,346$195,149-$353,526$6,643,572$2,368,773
3$9,282,716$202,302-$346,988$6,559,421$2,723,295
4$9,561,197$209,702-$340,219$6,469,491$3,091,706
5$9,848,033$217,357-$333,210$6,373,386$3,474,647
6$10,143,474$225,276-$325,953$6,270,681$3,872,793
7$10,447,778$233,468-$318,440$6,160,923$4,286,856
8$10,761,212$241,941-$310,663$6,043,628$4,717,584
9$11,084,048$250,705-$302,612$5,918,278$5,165,771
10$11,416,570$259,770-$294,278$5,784,320$5,632,250
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.