16407 SW 73rd Ter
Miami, FL 33193 · single_family · For Sale · 6 days on market
Asking price$489,000
2 beds 3 baths 1,160 sqft
Suggested offer$434,816$54,184 above the est. market value of $434,816.
View on Realtor.com →Listed by Louis Tamayo · Grass Tamayo Real Estate Group LLC
Typesingle_family
Built1998
Price / sqft$422
Est. value (own analysis)$434,816
Rent estimate (own analysis)$2,750/mo
HOA$180/mo
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Statusfor_sale
Listed date2026-08-27
Removed date—
MLSMiamiMLS #A12073239
Coordinates25.69763, -80.45882
Address16407 SW 73rd Ter
CityMiami
StateFL
Zip33193
Listing ID5985196916
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $489,000 |
| Down payment (20.0%) | $97,800 |
| Loan amount | $391,200 |
| Closing costs (5.0%) | $24,450 |
| Total cash to close | $122,250 |
| Income | |
| Rent (comp-derived) | $2,750$33,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,530$30,360 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $774$9,291 |
| Insurance (placeholder 0.8% of price) | $326$3,912 |
| HOA dues | $180$2,160 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $138$1,650 |
| Total operating expenses | $1,418$17,013 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $138$1,650 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 2 | 1,240 | $2,275 | 2026-08-20 | — | |
| single_family | 2 | 1 | 1,104 | $2,500 | 2026-08-13 | — | |
| single_family | 2 | 2 | 1,205 | $3,400 | 2026-08-12 | — | |
| single_family | 2 | 2 | 1,380 | $3,000 | 2026-08-12 | — |
Widened to any bedroom count in ZIP. 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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 15891 SW 84th St | single_family | 4 | 3 | 2,073 | $700,000 | 2026-09-01 |
| 16166 SW 86th Ter | single_family | 3 | 2 | 1,454 | $525,000 | 2026-08-28 |
| 15260 SW 57th St | single_family | 4 | 2 | 1,465 | $630,500 | 2026-08-28 |
| 7743 SW 157th Pl | single_family | 4 | 2 | 1,693 | $660,000 | 2026-08-25 |
| 15445 SW 57th St | single_family | 7 | 5 | 1,665 | $790,000 | 2026-08-22 |
| 8224 SW 157th Ct | single_family | 3 | 2 | 1,631 | $565,000 | 2026-08-12 |
| 7315 SW 158th Ave | single_family | 3 | 2 | 1,668 | $720,000 | 2026-08-12 |
| 15511 SW 59th St | single_family | 4 | 3 | 2,363 | $750,000 | 2026-08-11 |
| 15712 SW 69th Ln | single_family | 6 | 4 | 4,883 | $1,975,000 | 2026-08-11 |
| 16519 SW 67th Ter | single_family | 4 | 3 | 2,847 | $850,000 | 2026-08-11 |
| 6601 SW 166th Ct | single_family | 4 | 4 | 2,964 | $865,000 | 2026-08-07 |
| 15332 SW 57th St | single_family | 3 | 2 | 1,245 | $470,000 | 2026-08-07 |
| 7515 SW 164th Ct | single_family | 4 | 2 | 2,293 | $710,000 | 2026-08-06 |
| 8618 SW 161st Pl | single_family | 4 | 3 | 2,146 | $700,000 | 2026-08-06 |
| 7891 SW 162nd Ct | single_family | 4 | 2 | 1,549 | $615,000 | 2026-07-28 |
| 15613 SW 63rd Ter | single_family | 3 | 2 | 1,657 | $651,000 | 2026-07-27 |
| 6502 SW 157th Ct | single_family | 4 | 4 | 2,890 | $800,000 | 2026-07-24 |
| 6605 SW 151st Ct | single_family | 3 | 2 | 1,512 | $699,000 | 2026-07-24 |
| 16016 SW 66th Ter | single_family | 5 | 3 | 2,242 | $755,000 | 2026-07-23 |
| 14747 SW 82nd St | single_family | 3 | 2 | 1,377 | $622,000 | 2026-07-22 |
| 14811 SW 69th St | single_family | 3 | 2 | 1,489 | $540,000 | 2026-07-20 |
| 8216 SW 166th Pl | single_family | 4 | 3 | 2,326 | $875,000 | 2026-07-17 |
| 8357 SW 162nd Ct | single_family | 3 | 2 | 1,574 | $590,000 | 2026-07-16 |
| 6153 SW 154th Ct | single_family | 5 | 3 | 2,395 | $760,000 | 2026-07-13 |
| 8020 SW 158th Ave | single_family | 3 | 2 | — | $590,000 | 2026-07-13 |
| 8007 SW 157th Pl | single_family | 4 | 2 | 1,830 | $615,000 | 2026-07-13 |
| 5803 SW 152nd Ct | single_family | 3 | 2 | 1,784 | $630,000 | 2026-07-10 |
| 15715 SW 76th Ter | single_family | 3 | 2 | 1,696 | $595,000 | 2026-07-08 |
| 8050 SW 157th Pl | single_family | 3 | 2 | 1,407 | $545,000 | 2026-07-08 |
| 14971 SW 75th Ter | single_family | 3 | 2 | 1,402 | $505,000 | 2026-07-08 |
| 16308 SW 83rd Ln | single_family | 3 | 2 | 1,602 | $615,000 | 2026-07-02 |
| 15463 SW 57th St | single_family | 4 | 4 | 1,790 | $690,000 | 2026-06-30 |
| 16314 SW 57th St | single_family | 3 | 2 | 1,498 | $790,000 | 2026-06-29 |
| 6401 SW 162nd Ct | single_family | 4 | 3 | 2,055 | $475,000 | 2026-06-16 |
| 7552 SW 157th Pl | single_family | 4 | 3 | 2,135 | $555,000 | 2026-06-12 |
| 15726 SW 76th Ter | single_family | 4 | 3 | 2,096 | $815,000 | 2026-06-11 |
| 14880 SW 56th Ter | single_family | 4 | 2 | 1,579 | $660,000 | 2026-06-11 |
| 5673 SW 149th Ave | single_family | 3 | 2 | 1,324 | $620,000 | 2026-06-10 |
| 7350 SW 161st Pl | single_family | 3 | 2 | 1,607 | $560,500 | 2026-06-05 |
| 5860 SW 150th Ave | single_family | 3 | 2 | 1,697 | $652,000 | 2026-06-05 |
| 15902 SW 66th Ter | single_family | 5 | 3 | 3,370 | $700,000 | 2026-05-29 |
| 16101 SW 73rd St | single_family | 4 | 2 | 1,872 | $662,000 | 2026-05-29 |
| 16301 SW 70th St | single_family | 5 | 4 | 2,003 | $815,000 | 2026-05-29 |
| 6425 SW 164th Ave | single_family | 4 | 3 | 2,481 | $800,000 | 2026-05-29 |
| 5790 SW 148th Pl | single_family | 3 | 2 | 1,488 | $635,000 | 2026-05-21 |
| 5861 SW 152nd Ct | single_family | 3 | 2 | 1,339 | $552,000 | 2026-05-20 |
| 7144 SW 148th Ct | single_family | 3 | 2 | 1,161 | $610,000 | 2026-05-19 |
| 6000 SW 153rd Court Rd | single_family | 3 | 3 | 2,393 | $680,000 | 2026-05-18 |
| 15871 SW 82nd St | single_family | 4 | 3 | 2,146 | $615,000 | 2026-05-15 |
| 8172 SW 163rd Ct | single_family | 4 | 3 | 1,955 | $755,000 | 2026-05-13 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 15619 SW 73rd Cir Ter Unit 10-9 | condos | 2 | 2 | 825 | $250,000 | — |
| 8002 SW 149th Ave Apt B411 | condos | 2 | 2 | 866 | $234,000 | — |
| 7407 SW 152nd Ave Unit 4-103 | condos | 2 | 1 | 784 | $236,500 | — |
| 8205 SW 152nd Ave Unit F306 | condos | 2 | 2 | 1,074 | $224,800 | — |
| 7366 SW 152nd Ave Unit 103 | townhomes | 2 | 3 | 1,050 | $340,000 | — |
| condos | 2 | 2 | 800 | $290,000 | — | |
| 8004 SW 149th Ave Apt C216 | condos | 2 | 2 | 827 | $245,000 | — |
| 8000 SW 149th Ave Apt A411 | condos | 2 | 2 | 866 | $235,000 | — |
10-year hold projection
IRR-0.0%
Equity multiple1.00x
Total return (10yr)$63,691
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $503,670 | $13,347 | -$18,471 | $386,958 | $116,712 |
| 2 | $518,780 | $13,832 | -$18,026 | $382,426 | $136,354 |
| 3 | $534,344 | $14,335 | -$17,566 | $377,582 | $156,762 |
| 4 | $550,374 | $14,854 | -$17,090 | $372,405 | $177,969 |
| 5 | $566,885 | $15,391 | -$16,598 | $366,873 | $200,012 |
| 6 | $583,892 | $15,947 | -$16,087 | $360,961 | $222,931 |
| 7 | $601,408 | $16,522 | -$15,559 | $354,643 | $246,766 |
| 8 | $619,451 | $17,116 | -$15,013 | $347,891 | $271,560 |
| 9 | $638,034 | $17,730 | -$14,447 | $340,675 | $297,359 |
| 10 | $657,175 | $18,366 | -$13,862 | $332,964 | $324,211 |
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.