5925 SW 64th St

South Miami, FL 33143 · multi_family · Pending — under contract · 126 days on market
Asking price$800,000
3 beds 2 baths 1,144 sqft
Suggested offer$762,300$37,700 above the est. market value of $762,300.
View on Realtor.com →
Listed by Miguel Solis · Douglas Elliman
Typemulti_family
Built1947
Price / sqft$699
Est. value (Zillow, adjusted)$762,300
Rent estimate (building total, own analysis)$3,597/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-04-29
Removed date
MLSMiamiMLS #A12010002
Coordinates25.71173, -80.29042
Address5925 SW 64th St
CitySouth Miami
StateFL
Zip33143
Listing ID6019616154
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33143)

Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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$800,000
Down payment (20.0%)$160,000
Loan amount$640,000
Closing costs (5.0%)$40,000
Total cash to close$200,000
Rent (estimate)$3,597$43,170
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$43,170
Vacancy rate (assumption) assumption8.0%

$43,170 × 8.0% = $3,454

Effective gross income$3,310$39,716
Property tax (placeholder 1.9% of price)$1,267$15,200
Insurance (placeholder 0.8% of price)$533$6,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$180$2,158
Total operating expenses$1,980$23,758
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$39,716
Total operating expenses derived$23,758

$39,716 − $23,758 = $15,958

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

$640,000 amortized at 6.7% over 30 years = $4,113/mo

CapEx reserve (5.0% of GSR)$180$2,158
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$15,958
Annual debt service derived$49,354
Annual CapEx reserve assumption$2,158
Annual PMI assumption$0

($15,958 − $49,354 − $2,158 − $0) ÷ 12 = -$2,963

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,958
Purchase price data$800,000

$15,958 ÷ $800,000 = 2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$35,555
Total cash to close derived$200,000

-$35,555 ÷ $200,000 = -17.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,958
Annual debt service derived$49,354

$15,958 ÷ $49,354 = 0.32

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$43,170
Purchase price data$800,000

($43,170 ÷ 12) ÷ $800,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$800,000
Gross scheduled rent (annual) comp$43,170

$800,000 ÷ $43,170 = 18.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,758
Effective gross income derived$39,716

$23,758 ÷ $39,716 = 59.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,758
Annual debt service derived$49,354
Annual PMI assumption$0
Gross scheduled rent (annual) comp$43,170

($23,758 + $49,354 + $0) ÷ $43,170 = 169.4%

Comparables

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

No active rental listings cached yet for this bedroom count.

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
7311 SW 63rd Ctmulti_family421,560$1,045,7002025-11-17
5740 SW 60th Stmulti_family1,293$740,0002025-10-03

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
5775 SW 57th Tersingle_family321,841$1,350,000
7050 SW 82nd Ctsingle_family321,312$1,400,000
7240 Sunset Drsingle_family331,591$2,675,000
8530 SW 81st Lnsingle_family322,154$1,150,000
8121 SW 82nd Cttownhomes331,470$645,000
7483 SW 82nd St Apt A102condos321,140$385,000
8054 SW 86th Tertownhomes332,019$875,000
6325 SW 84th Stsingle_family321,886$1,775,000

10-year hold projection

IRR-1.9%
Equity multiple0.69x
Total return (10yr)$41,812
YearProperty valueNOICash flowLoan balanceEquity
1$824,000$15,958-$35,555$633,061$190,939
2$848,720$16,555-$35,011$625,646$223,074
3$874,182$17,174-$34,448$617,721$256,461
4$900,407$17,814-$33,865$609,252$291,155
5$927,419$18,476-$33,260$600,201$327,218
6$955,242$19,161-$32,634$590,529$364,713
7$983,899$19,871-$31,986$580,193$403,706
8$1,013,416$20,605-$31,315$569,147$444,269
9$1,043,819$21,364-$30,620$557,343$486,476
10$1,075,133$22,150-$29,900$544,727$530,406
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.