10273 SW 162nd Ct

Miami, FL 33196 · townhomes · For Sale · 118 days on market
Asking price$535,000
3 beds 2 baths 1,315 sqft
Suggested offer$413,169$121,831 above the est. market value of $413,169.
View on Realtor.com →
Listed by Ruben Catanese · LoKation® Real Estate
Typetownhomes
Built2026
Price / sqft$407
Est. value (own analysis)$413,169
Rent estimate (own analysis)$3,000/mo
HOA$105/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorWildfire2/10MinorFlood1/10minimal$
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Neighborhood

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Statusfor_sale
Listed date2026-05-07
Removed date
MLSMiamiMLS #A12015025
Coordinates25.67070, -80.45775
Address10273 SW 162nd Ct
CityMiami
StateFL
Zip33196
Listing ID5922280632
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$535,000
Down payment (20.0%)$107,000
Loan amount$428,000
Closing costs (5.0%)$26,750
Total cash to close$133,750
Rent (comp-derived)$3,000$36,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,000
Vacancy rate (assumption) assumption8.0%

$36,000 × 8.0% = $2,880

Effective gross income$2,760$33,120
Property tax (placeholder 1.9% of price)$847$10,165
Insurance (est. scaled by flood & wind risk)$535$6,420
HOA dues$105$1,260
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$150$1,800
Total operating expenses$1,637$19,645
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,120
Total operating expenses derived$19,645

$33,120 − $19,645 = $13,475

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$428,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$428,000 amortized at 6.7% over 30 years = $2,750/mo

CapEx reserve (5.0% of GSR)$150$1,800
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$13,475
Annual debt service derived$33,005
Annual CapEx reserve assumption$1,800
Annual PMI assumption$0

($13,475 − $33,005 − $1,800 − $0) ÷ 12 = -$1,778

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,475
Purchase price data$535,000

$13,475 ÷ $535,000 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,330
Total cash to close derived$133,750

-$21,330 ÷ $133,750 = -15.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,475
Annual debt service derived$33,005

$13,475 ÷ $33,005 = 0.41

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,000
Purchase price data$535,000

($36,000 ÷ 12) ÷ $535,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$535,000
Gross scheduled rent (annual) comp$36,000

$535,000 ÷ $36,000 = 14.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,645
Effective gross income derived$33,120

$19,645 ÷ $33,120 = 59.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,645
Annual debt service derived$33,005
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,000

($19,645 + $33,005 + $0) ÷ $36,000 = 146.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes321,315$2,9002026-08-17
townhomes331,478$3,1502026-08-17
townhomes331,740$3,0002026-08-05
townhomes331,740$3,2002026-08-05
townhomes331,506$2,8502026-07-27
townhomes331,740$3,1002026-07-25
townhomes331,506$2,9002026-07-23
townhomes331,492$2,9952026-07-15
townhomes331,740$2,8502026-07-08
townhomes331,678$3,1002026-06-30
townhomes331,440$3,4002026-06-24
townhomes321,234$3,0002026-06-18
townhomes331,490$3,3502026-06-10
townhomes331,635$3,0002026-05-10
townhomes321,234$3,2002026-08-03
townhomes331,661$3,0002026-08-25
townhomes331,481$2,7002026-08-22
townhomes331,678$2,900
townhomes331,701$3,6002026-08-28
townhomes331,506$3,5002026-08-28
townhomes321,234$3,1502026-08-28

10273 SW 162nd Ct Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,315
Listed2026-08-17
Days on market

Asking rent: $2,900

View on Zillow →

15285 SW 88th Ter Unit 15285

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,478
Listed2026-08-17
Days on market

Asking rent: $3,150

View on Zillow →

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,740
Listed2026-08-05
Days on market

Asking rent: $3,000

View on Zillow →

17094 SW 95th Ter

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,740
Listed2026-08-05
Days on market

Asking rent: $3,200

View on Zillow →

11544 SW 151st Ave Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,506
Listed2026-07-27
Days on market

Asking rent: $2,850

View on Zillow →

17089 SW 93rd St

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,740
Listed2026-07-25
Days on market

Asking rent: $3,100

View on Zillow →

11362 SW 151st Ave

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,506
Listed2026-07-23
Days on market

Asking rent: $2,900

View on Zillow →

11047 SW 154th Ct Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,492
Listed2026-07-15
Days on market

Asking rent: $2,995

View on Zillow →

17093 SW 93rd St Unit 17093

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,740
Listed2026-07-08
Days on market

Asking rent: $2,850

View on Zillow →

15305 SW 89th Ter Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,678
Listed2026-06-30
Days on market

Asking rent: $3,100

View on Zillow →

14912 SW 104th St Apt 48

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,440
Listed2026-06-24
Days on market

Asking rent: $3,400

View on Zillow →

10297 SW 162nd Ct

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,234
Listed2026-06-18
Days on market

Asking rent: $3,000

View on Zillow →

16453 SW 97th St Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,490
Listed2026-06-10
Days on market

Asking rent: $3,350

View on Zillow →

11540 SW 151st Ave

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,635
Listed2026-05-10
Days on market

Asking rent: $3,000

View on Zillow →

16220 SW 101st Ter

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,234
Listed2026-08-03
Days on market

Asking rent: $3,200

View on Zillow →

15381 SW 119th Ln Unit 15381

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,661
Listed2026-08-25
Days on market

Asking rent: $3,000

View on Zillow →

15520 SW 136th St Unit 210

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,481
Listed2026-08-22
Days on market

Asking rent: $2,700

View on Zillow →

15269 SW 88th Ter

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,678
Listed
Days on market

Asking rent: $2,900

View on Zillow →

11958 SW 151st Ave Unit 11958

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,701
Listed2026-08-28
Days on market

Asking rent: $3,600

View on Zillow →

15075 SW 113th Ter

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,506
Listed2026-08-28
Days on market

Asking rent: $3,500

View on Zillow →

16320 SW 103rd Ter

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,234
Listed2026-08-28
Days on market

Asking rent: $3,150

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
10210 SW 154th Pl Unit 110-8townhomes331,680$425,0002026-08-17
15436 SW 119th Tertownhomes321,507$535,0002026-08-14
11981 SW 150th Pltownhomes321,701$525,0002026-08-07
16266 SW 103rd Tertownhomes331,957$520,0002026-07-31
10525 SW 153rd Ct Apt 4townhomes321,289$405,0002026-07-20
11159 SW 154th Pltownhomes331,386$459,9002026-07-15
15297 SW 119th Ter Unit 15297townhomes331,368$490,0002026-07-08
11859 SW 154th Avetownhomes321,838$550,0002026-06-29
15365 SW 104th Ter Apt 1townhomes331,218$389,0002026-06-23
14944 SW 88th Tertownhomes321,200$470,0002026-06-12
16515 SW 97th Sttownhomes321,489$550,0002026-06-08
17038 SW 95th Tertownhomes331,740$515,0002026-06-05
15328 SW 111th Sttownhomes321,638$455,0002026-05-11
15049 SW 119th Lntownhomes331,701$520,0002026-05-08
14927 SW 89th Sttownhomes321,378$450,0002026-05-07
10116 SW 162nd Pltownhomes321,315$468,0002026-04-29
15736 SW 136th Waytownhomes341,824$570,0002026-04-15

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
10330 SW 154th Cir Ct Apt 51condos331,450$419,500
15046 SW 148th Plsingle_family331,831$799,900
15316 SW 111th Stsingle_family331,638$524,900
10880 SW 149th Plsingle_family331,828$664,900
9872 Hammocks Blvd Unit 105-51townhomes331,364$375,000
9352 SW 166th Ctsingle_family332,319$750,000
9716 Hammocks Blvd Apt 101condos32993$355,000
9232 SW 171st Ctsingle_family322,120$720,000

10-year hold projection

IRR-0.6%
Equity multiple0.90x
Total return (10yr)$57,083
YearProperty valueNOICash flowLoan balanceEquity
1$551,050$13,475-$21,330$423,360$127,690
2$567,582$13,977-$20,873$418,400$149,181
3$584,609$14,497-$20,399$413,101$171,508
4$602,147$15,036-$19,908$407,437$194,710
5$620,212$15,592-$19,400$401,385$218,827
6$638,818$16,169-$18,873$394,917$243,901
7$657,983$16,765-$18,328$388,004$269,978
8$677,722$17,382-$17,763$380,617$297,105
9$698,054$18,020-$17,179$372,723$325,331
10$718,995$18,680-$16,573$364,287$354,708
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.