9301 SW 171st Ave

Miami, FL 33196 · townhomes · For Sale · 25 days on market
Asking price$649,500
5 beds 4 baths 2,312 sqft
Suggested offer$633,000$16,500 above the est. market value of $633,000.
View on Realtor.com →
Listed by Vicente Montilla · London Foster Realty
Typetownhomes
Built2015
Price / sqft$281
Est. value (own analysis)$633,000
Rent estimate (Zillow ZIP avg)$2,615/mo
HOA$46/mo
Wind10/10Extreme$Heat10/10ExtremeWildfire5/10MajorAir2/10MinorFlood1/10minimal$
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Neighborhood

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Statusfor_sale
Listed date2026-08-08
Removed date
MLSMiamiMLS #A12066700
Coordinates25.67886, -80.47171
Address9301 SW 171st Ave
CityMiami
StateFL
Zip33196
Listing ID5864141082
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)

Purchase price$649,500
Down payment (20.0%)$129,900
Loan amount$519,600
Closing costs (5.0%)$32,475
Total cash to close$162,375
Rent (ZIP avg, ZORI — not bedroom-specific)$2,615$31,379
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,379
Vacancy rate (assumption) assumption8.0%

$31,379 × 8.0% = $2,510

Effective gross income$2,406$28,869
Property tax (placeholder 1.9% of price)$1,028$12,341
Insurance (est. scaled by flood & wind risk)$650$7,794
HOA dues$46$552
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$131$1,569
Total operating expenses$1,855$22,255
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,869
Total operating expenses derived$22,255

$28,869 − $22,255 = $6,613

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$519,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$519,600 amortized at 6.7% over 30 years = $3,339/mo

CapEx reserve (5.0% of GSR)$131$1,569
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$6,613
Annual debt service derived$40,069
Annual CapEx reserve assumption$1,569
Annual PMI assumption$0

($6,613 − $40,069 − $1,569 − $0) ÷ 12 = -$2,919

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$6,613
Purchase price data$649,500

$6,613 ÷ $649,500 = 1.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$35,025
Total cash to close derived$162,375

-$35,025 ÷ $162,375 = -21.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$6,613
Annual debt service derived$40,069

$6,613 ÷ $40,069 = 0.17

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,379
Purchase price data$649,500

($31,379 ÷ 12) ÷ $649,500 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$649,500
Gross scheduled rent (annual) comp$31,379

$649,500 ÷ $31,379 = 20.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,255
Effective gross income derived$28,869

$22,255 ÷ $28,869 = 77.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,255
Annual debt service derived$40,069
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,379

($22,255 + $40,069 + $0) ÷ $31,379 = 198.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes54$4,8002026-08-16
townhomes53$4,5402026-05-21

13624 SW 158th Ave Unit 1364

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage
Listed2026-08-16
Days on market

Asking rent: $4,800

View on Zillow →

22555 SW 125th Ave Unit 13A

Miami, 33170 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage
Listed2026-05-21
Days on market

Asking rent: $4,540

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
17146 SW 93rd Sttownhomes542,312$630,0002026-08-13
9411 SW 171st Avetownhomes542,312$635,0002026-07-14
9253 SW 169th Psgetownhomes542,312$633,0002026-04-06

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
10331 SW 164th Ctsingle_family532,532$750,000
13624 SW 158th Avesingle_family54$775,000
10056 SW 165th Ctsingle_family532,532$639,900
15725 SW 136th Tersingle_family542,582$765,000
17087 SW 93rd Sttownhomes542,312$639,800
16141 SW 96th Tersingle_family532,417$849,000
14830 SW 149th Stsingle_family532,930$1,285,000
17146 SW 93rd Sttownhomes542,312$645,000

10-year hold projection

IRR-4.5%
Equity multiple0.26x
Total return (10yr)-$35,933
YearProperty valueNOICash flowLoan balanceEquity
1$668,985$6,613-$35,025$513,966$155,019
2$689,055$6,923-$34,754$507,946$181,109
3$709,726$7,245-$34,473$501,512$208,214
4$731,018$7,579-$34,180$494,636$236,382
5$752,949$7,926-$33,875$487,288$265,660
6$775,537$8,287-$33,557$479,436$296,101
7$798,803$8,661-$33,227$471,044$327,759
8$822,767$9,050-$32,884$462,076$360,691
9$847,450$9,454-$32,527$452,492$394,958
10$872,874$9,873-$32,155$442,250$430,624
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.