11835 SW 47th St

Miami, FL 33175 · single_family · For Sale · 236 days on market
Asking price$3,300,000
6 beds 8 baths 6,469 sqft
Suggested offer$2,770,036$529,964 above the est. market value of $2,770,036.
View on Realtor.com →
Listed by Greisy Montes De Oca · The Brokerage A Real Estate Company
Typesingle_family
Built1984
Price / sqft$510
Est. value (own analysis)$2,770,036
Rent estimate (own analysis)$26,500/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood4/10moderate$Air2/10MinorWildfire2/10Minor
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Neighborhood

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Statusfor_sale
Listed date2026-01-09
Removed date
MLSMiamiMLS #A11939533
Coordinates25.72319, -80.38534
Address11835 SW 47th St
CityMiami
StateFL
Zip33175
Listing ID5975235048
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33175)

Typical home value (ZHVI)$628,459
Typical rent (ZORI)$3,232/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$3,300,000
Down payment (20.0%)$660,000
Loan amount$2,640,000
Closing costs (5.0%)$165,000
Total cash to close$825,000
Rent (comp-derived)$26,500$318,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$318,000
Vacancy rate (assumption) assumption8.0%

$318,000 × 8.0% = $25,440

Effective gross income$24,380$292,560
Property tax (placeholder 1.9% of price)$5,225$62,700
Insurance (est. scaled by flood & wind risk)$3,520$42,240
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,325$15,900
Total operating expenses$10,070$120,840
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$292,560
Total operating expenses derived$120,840

$292,560 − $120,840 = $171,720

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$2,640,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,640,000 amortized at 6.7% over 30 years = $16,965/mo

CapEx reserve (5.0% of GSR)$1,325$15,900
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$171,720
Annual debt service derived$203,584
Annual CapEx reserve assumption$15,900
Annual PMI assumption$0

($171,720 − $203,584 − $15,900 − $0) ÷ 12 = -$3,980

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$171,720
Purchase price data$3,300,000

$171,720 ÷ $3,300,000 = 5.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$47,764
Total cash to close derived$825,000

-$47,764 ÷ $825,000 = -5.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$171,720
Annual debt service derived$203,584

$171,720 ÷ $203,584 = 0.84

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$318,000
Purchase price data$3,300,000

($318,000 ÷ 12) ÷ $3,300,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,300,000
Gross scheduled rent (annual) comp$318,000

$3,300,000 ÷ $318,000 = 10.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$120,840
Effective gross income derived$292,560

$120,840 ÷ $292,560 = 41.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$120,840
Annual debt service derived$203,584
Annual PMI assumption$0
Gross scheduled rent (annual) comp$318,000

($120,840 + $203,584 + $0) ÷ $318,000 = 102.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,850$25,0002026-07-21
single_family665,322$28,0002026-06-17
single_family664,806$22,0002026-06-17
single_family646,112$30,000

10005 SW 66th St

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,850
Listed2026-07-21
Days on market

Asking rent: $25,000

View on Zillow →

6220 SW 86th St

Miami, 33143 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage5,322
Listed2026-06-17
Days on market

Asking rent: $28,000

View on Zillow →

80 NW 129th Ave

Miami, 33182 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage4,806
Listed2026-06-17
Days on market

Asking rent: $22,000

View on Zillow →

10506 SW 89th Pl

Miami, 33176 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage6,112
Listed
Days on market

Asking rent: $30,000

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
2360 SW 139th Avesingle_family664,146$2,750,0002026-08-13
3591 SW 142nd Avesingle_family643,658$935,0002026-07-21
12200 SW 51st Stsingle_family655,115$2,075,0002026-04-15
12025 SW 46th Stsingle_family665,113$4,000,0002026-02-27
14090 SW 34th Stsingle_family645,021$2,150,0002025-11-14

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
13470 SW 24th Stsingle_family641,630$824,990
13370 SW 34th Stsingle_family674,161$2,700,000
3401 SW 129th Avesingle_family655,147$2,300,000
2600 SW 128th Ctsingle_family653,390$2,500,000
2840 SW 128th Avesingle_family674,758$2,199,000

10-year hold projection

IRR6.7%
Equity multiple2.07x
Total return (10yr)$1,314,005
YearProperty valueNOICash flowLoan balanceEquity
1$3,399,000$171,720-$47,764$2,611,377$787,623
2$3,500,970$177,476-$42,406$2,580,787$920,183
3$3,605,999$183,419-$36,870$2,548,098$1,057,901
4$3,714,179$189,557-$31,150$2,513,163$1,201,016
5$3,825,604$195,894-$25,241$2,475,830$1,349,775
6$3,940,373$202,438-$19,136$2,435,933$1,504,440
7$4,058,584$209,195-$12,829$2,393,296$1,665,288
8$4,180,341$216,171-$6,313$2,347,731$1,832,610
9$4,305,752$223,374$418$2,299,037$2,006,715
10$4,434,924$230,812$7,371$2,246,999$2,187,925
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.