9601 SW 66th St

Miami, FL 33173 · single_family · For Sale · 77 days on market
Asking price$1,100,000
5 beds 4 baths 2,539 sqft
View on Realtor.com →
Listed by Melinda Bejerano · One Stop Realty
Typesingle_family
Built1972
Price / sqft$433
Est. value (own analysis)$1,098,879
Rent estimate (own analysis)$9,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-17
Removed date
MLSMiamiMLS #A12038307
Coordinates25.70732, -80.34963
Address9601 SW 66th St
CityMiami
StateFL
Zip33173
Listing ID5849485725
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33173)

Typical home value (ZHVI)$567,889
Typical rent (ZORI)$2,611/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$1,100,000
Down payment (20.0%)$220,000
Loan amount$880,000
Closing costs (5.0%)$55,000
Total cash to close$275,000
Rent (comp-derived)$9,000$108,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$108,000
Vacancy rate (assumption) assumption8.0%

$108,000 × 8.0% = $8,640

Effective gross income$8,280$99,360
Property tax (placeholder 1.9% of price)$1,742$20,900
Insurance (placeholder 0.8% of price)$733$8,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$450$5,400
Total operating expenses$2,925$35,100
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$99,360
Total operating expenses derived$35,100

$99,360 − $35,100 = $64,260

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$880,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$880,000 amortized at 6.7% over 30 years = $5,655/mo

CapEx reserve (5.0% of GSR)$450$5,400
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$64,260
Annual debt service derived$67,861
Annual CapEx reserve assumption$5,400
Annual PMI assumption$0

($64,260 − $67,861 − $5,400 − $0) ÷ 12 = -$750

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$64,260
Purchase price data$1,100,000

$64,260 ÷ $1,100,000 = 5.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,001
Total cash to close derived$275,000

-$9,001 ÷ $275,000 = -3.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$64,260
Annual debt service derived$67,861

$64,260 ÷ $67,861 = 0.95

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$108,000
Purchase price data$1,100,000

($108,000 ÷ 12) ÷ $1,100,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,100,000
Gross scheduled rent (annual) comp$108,000

$1,100,000 ÷ $108,000 = 10.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$35,100
Effective gross income derived$99,360

$35,100 ÷ $99,360 = 35.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$35,100
Annual debt service derived$67,861
Annual PMI assumption$0
Gross scheduled rent (annual) comp$108,000

($35,100 + $67,861 + $0) ÷ $108,000 = 95.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,176$9,0002026-08-13
single_family542,323$5,7002026-08-06
single_family532,781$14,5002026-07-18

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 →

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 →

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 →

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
8904 SW 69th Tersingle_family564,004$1,750,0002026-08-14
6500 SW 99th Avesingle_family545,236$4,000,0002026-08-07
9261 SW 80th Tersingle_family543,267$1,400,0002026-07-31
9451 SW 61st Stsingle_family532,346$1,000,0002026-07-22
7145 SW 92nd Ctsingle_family532,290$900,0002026-06-03
8100 SW 92nd Ctsingle_family522,309$1,125,0002026-05-20
9790 SW 62nd Stsingle_family556,566$5,595,0002026-03-10
8525 SW 100th Avesingle_family531,786$825,0002026-03-02
6231 SW 94th Avesingle_family543,366$950,0002025-12-31
9835 SW 85th Stsingle_family542,247$755,0002025-11-26
6431 SW 109th Ctsingle_family532,188$920,0002025-11-26
9700 SW 66th Stsingle_family544,335$2,700,0002025-11-20

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
9461 SW 62nd Stsingle_family542,323$1,095,000
10891 N Snapper Creek Drsingle_family541,508$850,000
10420 SW 64th Stsingle_family545,218$4,390,000
6940 SW 89th Ctsingle_family552,688$2,450,000
8401 SW 107th Ave Apt 316Econdos522,470$499,995
10270 SW 62nd Stsingle_family55$3,500,000
7603 SW 91st Avesingle_family543,744$1,675,000
9955 SW 74th Stsingle_family533,343$1,299,000

10-year hold projection

IRR8.6%
Equity multiple2.35x
Total return (10yr)$516,009
YearProperty valueNOICash flowLoan balanceEquity
1$1,133,000$64,260-$9,001$870,459$262,541
2$1,166,990$66,363-$7,033$860,262$306,728
3$1,202,000$68,534-$5,001$849,366$352,634
4$1,238,060$70,774-$2,902$837,721$400,339
5$1,275,201$73,087-$735$825,276$449,925
6$1,313,458$75,473$1,502$811,977$501,480
7$1,352,861$77,936$3,812$797,765$555,096
8$1,393,447$80,477$6,197$782,576$610,871
9$1,435,251$83,100$8,660$766,345$668,905
10$1,478,308$85,807$11,202$748,999$729,309
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.