5861 SW 149th Ct

Miami, FL 33193 · single_family · For Sale · 8 days on market
Asking price$690,000
5 beds 3 baths 1,764 sqft
Suggested offer$564,674$125,326 above the est. market value of $564,674.
View on Realtor.com →
Listed by Denise Grillo · United Realty Group Inc
Typesingle_family
Built1991
Price / sqft$391
Est. value (own analysis)$564,674
Rent estimate (own analysis)$4,900/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire2/10Minor
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-25
Removed date
MLSMiamiMLS #A12077414
Coordinates25.70897, -80.43448
Address5861 SW 149th Ct
CityMiami
StateFL
Zip33193
Listing ID5884094414
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$690,000
Down payment (20.0%)$138,000
Loan amount$552,000
Closing costs (5.0%)$34,500
Total cash to close$172,500
Rent (comp-derived)$4,900$58,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$58,800
Vacancy rate (assumption) assumption8.0%

$58,800 × 8.0% = $4,704

Effective gross income$4,508$54,096
Property tax (placeholder 1.9% of price)$1,093$13,110
Insurance (est. scaled by flood & wind risk)$736$8,832
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$245$2,940
Total operating expenses$2,074$24,882
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,096
Total operating expenses derived$24,882

$54,096 − $24,882 = $29,214

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$552,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$552,000 amortized at 6.7% over 30 years = $3,547/mo

CapEx reserve (5.0% of GSR)$245$2,940
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$29,214
Annual debt service derived$42,568
Annual CapEx reserve assumption$2,940
Annual PMI assumption$0

($29,214 − $42,568 − $2,940 − $0) ÷ 12 = -$1,358

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,214
Purchase price data$690,000

$29,214 ÷ $690,000 = 4.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$16,294
Total cash to close derived$172,500

-$16,294 ÷ $172,500 = -9.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,214
Annual debt service derived$42,568

$29,214 ÷ $42,568 = 0.69

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$58,800
Purchase price data$690,000

($58,800 ÷ 12) ÷ $690,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$690,000
Gross scheduled rent (annual) comp$58,800

$690,000 ÷ $58,800 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$24,882
Effective gross income derived$54,096

$24,882 ÷ $54,096 = 46.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$24,882
Annual debt service derived$42,568
Annual PMI assumption$0
Gross scheduled rent (annual) comp$58,800

($24,882 + $42,568 + $0) ÷ $58,800 = 114.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family531,908$5,0002026-08-14
single_family532,176$9,0002026-08-13
single_family532,200$5,2502026-08-13
single_family521,598$5,0002026-08-11
single_family542,323$5,7002026-08-06
single_family531,846$3,6002026-08-05
single_family531,685$3,5002026-07-21
single_family582,326$8,2002026-07-13
single_family521,729$3,9502026-07-10
single_family531,650$3,800
single_family531,646$4,8002026-04-18
single_family542,092$9,5002026-06-16
single_family532,369$4,2502023-04-07
single_family532,376$3,680
single_family521,974$5,000
single_family531,971$3,8002026-08-27

14571 SW 160th Ct

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,908
Listed2026-08-14
Days on market

Asking rent: $5,000

View on Zillow →

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 →

2802 SW 149th Pl

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,200
Listed2026-08-13
Days on market

Asking rent: $5,250

View on Zillow →

4535 SW 89th Pl Unit 0

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,598
Listed2026-08-11
Days on market

Asking rent: $5,000

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 →

16354 SW 48th Ter

Miami, 33185 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,846
Listed2026-08-05
Days on market

Asking rent: $3,600

View on Zillow →

16227 SW 139th Ct

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,685
Listed2026-07-21
Days on market

Asking rent: $3,500

View on Zillow →

6790 SW 54th St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 8 ba
Square footage2,326
Listed2026-07-13
Days on market

Asking rent: $8,200

View on Zillow →

1820 SW 98th Ct

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,729
Listed2026-07-10
Days on market

Asking rent: $3,950

View on Zillow →

12556 SW 194th St

Miami, 33177 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,650
Listed
Days on market

Asking rent: $3,800

View on Zillow →

8640 SW 125th Ter

Miami, 33156 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,646
Listed2026-04-18
Days on market

Asking rent: $4,800

View on Zillow →

1920 SW 67th Ave

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,092
Listed2026-06-16
Days on market

Asking rent: $9,500

View on Zillow →

9311 SW 38th St

Miami, 33165 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,369
Listed2023-04-07
Days on market

Asking rent: $4,250

View on Zillow →

16147 SW 143rd St

Miami, 33196 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,376
Listed
Days on market

Asking rent: $3,680

View on Zillow →

2120 SW 84th Ave

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,974
Listed
Days on market

Asking rent: $5,000

View on Zillow →

9851 SW 117th Ct

Miami, 33186 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,971
Listed2026-08-27
Days on market

Asking rent: $3,800

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
16016 SW 66th Tersingle_family532,242$755,0002026-07-23
6153 SW 154th Ctsingle_family532,395$760,0002026-07-13
15902 SW 66th Tersingle_family533,370$700,0002026-05-29
16301 SW 70th Stsingle_family542,003$815,0002026-05-29
15910 SW 69th Lnsingle_family533,265$955,0002026-04-14
6042 SW 159th Ctsingle_family532,591$1,200,0002026-04-10
15109 SW 71st Lnsingle_family531,885$680,0002026-03-31
5902 SW 166th Ctsingle_family543,009$885,0002026-03-09
7936 SW 164th Plsingle_family543,202$875,0002026-02-04
7831 SW 164th Avesingle_family543,202$1,100,0002025-12-16
7310 SW 163rd Plsingle_family563,639$1,175,0002025-11-26
15002 SW 67th Lnsingle_family532,421$790,0002025-11-21
16472 SW 58th Tersingle_family542,868$995,0002025-11-20
16063 SW 63rd Tersingle_family533,286$790,0002025-11-17
15802 SW 63rd Tersingle_family543,748$750,0002025-10-28
16344 SW 66th Stsingle_family533,078$780,0002025-10-16

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
15809 SW 65th Tersingle_family532,618$799,000
15022 SW 67th Lnsingle_family532,206$853,000
15877 SW 61st Waysingle_family532,378$935,000
6743 SW 163rd Plsingle_family532,863$1,095,000
16125 SW 65th Lnsingle_family533,468$1,050,000
6114 SW 158th Passsingle_family532,372$725,000
16448 SW 67th Tersingle_family532,492$877,777
6553 SW 148th Plsingle_family552,168$810,000

10-year hold projection

IRR4.1%
Equity multiple1.65x
Total return (10yr)$202,249
YearProperty valueNOICash flowLoan balanceEquity
1$710,700$29,214-$16,294$546,015$164,685
2$732,021$30,215-$15,366$539,619$192,402
3$753,982$31,249-$14,408$532,784$221,198
4$776,601$32,317-$13,417$525,480$251,121
5$799,899$33,420-$12,392$517,674$282,226
6$823,896$34,560-$11,334$509,331$314,565
7$848,613$35,738-$10,239$500,416$348,197
8$874,071$36,954-$9,108$490,889$383,182
9$900,294$38,211-$7,939$480,708$419,586
10$927,302$39,509-$6,730$469,827$457,475
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.