5890 SW 147th Ct

Miami, FL 33193 · single_family · For Sale · 92 days on market
Asking price$630,000
4 beds 2 baths 1,791 sqft
Suggested offer$603,334$26,666 above the est. market value of $603,334.
View on Realtor.com →
Listed by Estela Serrano · Serrano & Associates Real Estate, Llc
Typesingle_family
Built1987
Price / sqft$352
Est. value (own analysis)$603,334
Rent estimate (own analysis)$3,875/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-02
Removed date
MLSMiamiMLS #A12029807
Coordinates25.71088, -80.43170
Address5890 SW 147th Ct
CityMiami
StateFL
Zip33193
Listing ID5851933905
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$630,000
Down payment (20.0%)$126,000
Loan amount$504,000
Closing costs (5.0%)$31,500
Total cash to close$157,500
Rent (comp-derived)$3,875$46,500
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$46,500
Vacancy rate (assumption) assumption8.0%

$46,500 × 8.0% = $3,720

Effective gross income$3,565$42,780
Property tax (placeholder 1.9% of price)$998$11,970
Insurance (placeholder 0.8% of price)$420$5,040
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$194$2,325
Total operating expenses$1,611$19,335
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$42,780
Total operating expenses derived$19,335

$42,780 − $19,335 = $23,445

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$504,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$504,000 amortized at 6.7% over 30 years = $3,239/mo

CapEx reserve (5.0% of GSR)$194$2,325
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$23,445
Annual debt service derived$38,866
Annual CapEx reserve assumption$2,325
Annual PMI assumption$0

($23,445 − $38,866 − $2,325 − $0) ÷ 12 = -$1,479

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$23,445
Purchase price data$630,000

$23,445 ÷ $630,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$17,746
Total cash to close derived$157,500

-$17,746 ÷ $157,500 = -11.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$23,445
Annual debt service derived$38,866

$23,445 ÷ $38,866 = 0.60

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$46,500
Purchase price data$630,000

($46,500 ÷ 12) ÷ $630,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$630,000
Gross scheduled rent (annual) comp$46,500

$630,000 ÷ $46,500 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,335
Effective gross income derived$42,780

$19,335 ÷ $42,780 = 45.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,335
Annual debt service derived$38,866
Annual PMI assumption$0
Gross scheduled rent (annual) comp$46,500

($19,335 + $38,866 + $0) ÷ $46,500 = 125.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,146$3,8002026-08-18
single_family422,326$4,6002026-08-06
single_family431,744$3,8502026-07-02
single_family432,376$4,2002026-06-16
single_family432,315$3,620
single_family431,775$3,295
single_family432,334$6,5002025-11-24
single_family432,020$3,9002026-08-30

15870 SW 85th Ln Unit 0

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,146
Listed2026-08-18
Days on market

Asking rent: $3,800

View on Zillow →

8208 SW 166th Pl

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,326
Listed2026-08-06
Days on market

Asking rent: $4,600

View on Zillow →

15986 SW 71st Ter

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,744
Listed2026-07-02
Days on market

Asking rent: $3,850

View on Zillow →

15131 SW 58th St

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,376
Listed2026-06-16
Days on market

Asking rent: $4,200

View on Zillow →

15813 SW 79th St

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,315
Listed
Days on market

Asking rent: $3,620

View on Zillow →

5886 SW 162nd Path

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,775
Listed
Days on market

Asking rent: $3,295

View on Zillow →

16403 SW 79th Ln # 6403

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,334
Listed2025-11-24
Days on market

Asking rent: $6,500

View on Zillow →

15345 SW 63rd Ter

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,020
Listed2026-08-30
Days on market

Asking rent: $3,900

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
15891 SW 84th Stsingle_family432,073$700,0002026-09-01
15260 SW 57th Stsingle_family421,465$630,5002026-08-28
7743 SW 157th Plsingle_family421,693$660,0002026-08-25
15511 SW 59th Stsingle_family432,363$750,0002026-08-11
16519 SW 67th Tersingle_family432,847$850,0002026-08-11
6601 SW 166th Ctsingle_family442,964$865,0002026-08-07
7515 SW 164th Ctsingle_family422,293$710,0002026-08-06
8618 SW 161st Plsingle_family432,146$700,0002026-08-06
7891 SW 162nd Ctsingle_family421,549$615,0002026-07-28
6502 SW 157th Ctsingle_family442,890$800,0002026-07-24
8216 SW 166th Plsingle_family432,326$875,0002026-07-17
8007 SW 157th Plsingle_family421,830$615,0002026-07-13
15463 SW 57th Stsingle_family441,790$690,0002026-06-30
6401 SW 162nd Ctsingle_family432,055$475,0002026-06-16
7552 SW 157th Plsingle_family432,135$555,0002026-06-12
15726 SW 76th Tersingle_family432,096$815,0002026-06-11
14880 SW 56th Tersingle_family421,579$660,0002026-06-11
16101 SW 73rd Stsingle_family421,872$662,0002026-05-29
6425 SW 164th Avesingle_family432,481$800,0002026-05-29
15871 SW 82nd Stsingle_family432,146$615,0002026-05-15
8172 SW 163rd Ctsingle_family431,955$755,0002026-05-13
16269 SW 78th Tersingle_family421,654$700,0002026-04-29
16283 SW 83rd Stsingle_family421,837$600,0002026-04-24
16131 SW 79th Tersingle_family432,324$820,0002026-04-10
16158 SW 68th Tersingle_family431,739$630,0002026-03-30
6934 SW 164th Ctsingle_family421,708$529,9002026-03-13
16317 SW 79th Tersingle_family421,851$650,0002026-03-12
14766 SW 81st Stsingle_family421,872$650,0002026-03-11
6483 SW 166th Ctsingle_family432,451$700,0002026-03-05
5818506355single_family432,013$630,0002026-02-26
15251 SW 56th Tersingle_family432,026$750,0002026-02-19
14825 SW 56th Tersingle_family421,784$460,0002026-02-19
14868 SW 56th Tersingle_family421,915$620,0002026-02-17
16491 SW 64th Tersingle_family432,825$825,0002026-02-10
16111 SW 79th Tersingle_family432,231$740,0002026-01-30
7682 SW 157th Ctsingle_family432,054$649,0002026-01-22
6420 SW 157th Plsingle_family432,399$820,0002026-01-08
15788 SW 77th Stsingle_family421,632$650,0002026-01-06
7251 SW 158th Plsingle_family422,135$635,0002026-01-05
6919 SW 155th Avesingle_family421,890$773,0002026-01-05
7451 SW 157th Ctsingle_family432,140$580,0002025-12-16
16173 SW 72nd Tersingle_family432,212$693,0002025-12-11
6437 SW 158th Psgesingle_family443,017$800,0002025-12-05
6348 SW 151st Plsingle_family421,718$649,0002025-12-03
6102 SW 159th Ctsingle_family432,351$910,0002025-11-24
7621 SW 147th Ctsingle_family432,203$790,0002025-11-24
6274741428single_family431,396$560,0002025-11-20
14820 SW 63rd Stsingle_family432,003$870,0002025-11-18
16032 SW 63rd Tersingle_family432,271$675,0002025-11-06
6630 SW 159th Plsingle_family421,857$670,0002025-10-30

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
6732 SW 166th Ctsingle_family432,528$250,000
16011 SW 87th Tersingle_family431,790$550,000
6903 SW 158th Avesingle_family442,830$825,000
15905 SW 83rd Tersingle_family442,051$699,000
8246 SW 147th Ctsingle_family421,425$599,990
16474 SW 84th Stsingle_family432,080$725,000
6931 SW 159th Plsingle_family431,987$689,000
14851 SW 59th Stsingle_family421,544$699,950

10-year hold projection

IRR2.7%
Equity multiple1.43x
Total return (10yr)$150,794
YearProperty valueNOICash flowLoan balanceEquity
1$648,900$23,445-$17,746$498,536$150,364
2$668,367$24,245-$17,004$492,696$175,671
3$688,418$25,071-$16,237$486,455$201,963
4$709,071$25,925-$15,445$479,786$229,285
5$730,343$26,807-$14,625$472,658$257,684
6$752,253$27,718-$13,779$465,042$287,211
7$774,821$28,659-$12,903$456,902$317,919
8$798,065$29,631-$11,999$448,203$349,862
9$822,007$30,635-$11,064$438,907$383,100
10$846,667$31,671-$10,098$428,973$417,695
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.