6666 SW 115th Ct Apt 301

Miami, FL 33173 · condos · For Sale · 40 days on market
Asking price$299,000
2 beds 2 baths 1,330 sqft
View on Realtor.com →
Listed by Louis Tamayo · Grass Tamayo Real Estate Group LLC
Typecondos
Built1981
Price / sqft$225
Est. value (own analysis)$358,342
Rent estimate (own analysis)$2,300/mo
HOA$846/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-24
Removed date
MLSMiamiMLS #A12057909
Coordinates25.70598, -80.37967
Address6666 SW 115th Ct Apt 301
CityMiami
StateFL
Zip33173
Listing ID6037082480
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33173)

Typical home value (ZHVI)$567,889
Typical rent (ZORI)$2,611/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$299,000
Down payment (20.0%)$59,800
Loan amount$239,200
Closing costs (5.0%)$14,950
Total cash to close$74,750
Rent (comp-derived)$2,300$27,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$27,600
Vacancy rate (assumption) assumption8.0%

$27,600 × 8.0% = $2,208

Effective gross income$2,116$25,392
Property tax (placeholder 1.9% of price)$473$5,681
Insurance (placeholder 0.8% of price)$199$2,392
HOA dues$846$10,152
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$115$1,380
Total operating expenses$1,634$19,605
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,392
Total operating expenses derived$19,605

$25,392 − $19,605 = $5,787

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$239,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$239,200 amortized at 6.7% over 30 years = $1,537/mo

CapEx reserve (5.0% of GSR)$115$1,380
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$5,787
Annual debt service derived$18,446
Annual CapEx reserve assumption$1,380
Annual PMI assumption$0

($5,787 − $18,446 − $1,380 − $0) ÷ 12 = -$1,170

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$5,787
Purchase price data$299,000

$5,787 ÷ $299,000 = 1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,039
Total cash to close derived$74,750

-$14,039 ÷ $74,750 = -18.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$5,787
Annual debt service derived$18,446

$5,787 ÷ $18,446 = 0.31

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$27,600
Purchase price data$299,000

($27,600 ÷ 12) ÷ $299,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$299,000
Gross scheduled rent (annual) comp$27,600

$299,000 ÷ $27,600 = 10.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,605
Effective gross income derived$25,392

$19,605 ÷ $25,392 = 77.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,605
Annual debt service derived$18,446
Annual PMI assumption$0
Gross scheduled rent (annual) comp$27,600

($19,605 + $18,446 + $0) ÷ $27,600 = 137.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment22900$2,3502026-08-21
condos221,330$2,8002026-08-18
condos221,235$2,5002026-08-14
condos22965$2,2002026-08-06
condos22965$2,2502026-08-04
condos231,140$2,2002026-07-24
condos22965$2,4002026-07-23
condos231,140$2,2002026-08-26
apartment231,140$2,2002026-07-17
condos22965$2,3002026-07-11
condos22965$2,2002026-07-07
condos221,235$2,3002026-07-01
condos22965$2,2002026-07-01
condos22901$2,2002026-07-01
condos22985$2,4502026-06-29
condos22965$2,2002026-06-03
condos221,235$2,5002026-05-11
condos22985$2,3002026-04-28
condos22965$2,3002026-04-28
condos22965$2,3002026-07-28
condos231,140$2,2002026-08-25
condos22945$2,0002026-04-16
condos221,235$2,1502026-04-19
condos221,235$2,3002026-01-26
condos22985$2,3002026-04-15
apartment21990$2,475
apartment221,150$2,680
apartment221,150$2,695
apartment221,150$2,690
apartment221,150$2,675
apartment22985$2,4002026-08-28
condos22985$2,3002026-08-26
apartment21990$2,565
apartment21990$2,465
apartment221,150$2,700
condos22965$2,2002026-08-31
condos221,470$3,2002026-09-01

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-08-21
Days on market

Asking rent: $2,350

View on Zillow →

6947 SW 115th Pl Unit B36

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,330
Listed2026-08-18
Days on market

Asking rent: $2,800

View on Zillow →

8401 SW 107th Ave Apt 211E

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,235
Listed2026-08-14
Days on market

Asking rent: $2,500

View on Zillow →

8065 SW 107th Ave Apt 201

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-08-06
Days on market

Asking rent: $2,200

View on Zillow →

8005 SW 107th Ave Apt 222

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-08-04
Days on market

Asking rent: $2,250

View on Zillow →

8600 SW 109th Ave Unit 4-220

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,140
Listed2026-07-24
Days on market

Asking rent: $2,200

View on Zillow →

8015 SW 107th Ave Apt 222

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-07-23
Days on market

Asking rent: $2,400

View on Zillow →

8650 SW 109th Ave Unit 3-223

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,140
Listed2026-08-26
Days on market

Asking rent: $2,200

View on Zillow →

8500 SW 109th Ave Unit 6-202

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,140
Listed2026-07-17
Days on market

Asking rent: $2,200

View on Zillow →

8025 SW 107th Ave Apt 202

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-07-11
Days on market

Asking rent: $2,300

View on Zillow →

8025 SW 107th Ave Apt 313

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-07-07
Days on market

Asking rent: $2,200

View on Zillow →

8401 SW 107th Ave Apt 247E

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,235
Listed2026-07-01
Days on market

Asking rent: $2,300

View on Zillow →

8075 SW 107th Ave Apt 305

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-07-01
Days on market

Asking rent: $2,200

View on Zillow →

8500 SW 109th Ave Unit 6-102

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage901
Listed2026-07-01
Days on market

Asking rent: $2,200

View on Zillow →

8415 SW 107th Ave Apt 359W

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage985
Listed2026-06-29
Days on market

Asking rent: $2,450

View on Zillow →

8045 SW 107th Ave Apt 217

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-06-03
Days on market

Asking rent: $2,200

View on Zillow →

8401 SW 107th Ave Apt 260E

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,235
Listed2026-05-11
Days on market

Asking rent: $2,500

View on Zillow →

8415 SW 107th Ave Apt 369W

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage985
Listed2026-04-28
Days on market

Asking rent: $2,300

View on Zillow →

8045 SW 107th Ave Apt 323

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-04-28
Days on market

Asking rent: $2,300

View on Zillow →

8065 SW 107th Ave Apt 108

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-07-28
Days on market

Asking rent: $2,300

View on Zillow →

8550 SW 109th Ave Unit 5-202

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,140
Listed2026-08-25
Days on market

Asking rent: $2,200

View on Zillow →

8650 SW 109th Ave Unit 3-111

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage945
Listed2026-04-16
Days on market

Asking rent: $2,000

View on Zillow →

8401 SW 107th Ave Apt 322E

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,235
Listed2026-04-19
Days on market

Asking rent: $2,150

View on Zillow →

8401 SW 107th Ave Apt 234E

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,235
Listed2026-01-26
Days on market

Asking rent: $2,300

View on Zillow →

8415 SW 107th Ave Apt 238W

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage985
Listed2026-04-15
Days on market

Asking rent: $2,300

View on Zillow →

7400 SW 107th Ave # 7309

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage990
Listed
Days on market

Asking rent: $2,475

View on Zillow →

7400 SW 107th Ave # 3102

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,680

View on Zillow →

7400 SW 107th Ave # 3306

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,695

View on Zillow →

7400 SW 107th Ave # 8304

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,690

View on Zillow →

7400 SW 107th Ave # 1307

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,675

View on Zillow →

8415 SW 107th Ave Apt 119W

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage985
Listed2026-08-28
Days on market

Asking rent: $2,400

View on Zillow →

8415 SW 107th Ave Apt 143W

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage985
Listed2026-08-26
Days on market

Asking rent: $2,300

View on Zillow →

7400 SW 107th Ave # 4304

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage990
Listed
Days on market

Asking rent: $2,565

View on Zillow →

7400 SW 107th Ave # 4210

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage990
Listed
Days on market

Asking rent: $2,465

View on Zillow →

7400 SW 107th Ave # 8202

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,700

View on Zillow →

8025 SW 107th Ave Apt 123

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage965
Listed2026-08-31
Days on market

Asking rent: $2,200

View on Zillow →

6924 SW 114th Pl Unit E56

Miami, 33173 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,470
Listed2026-09-01
Days on market

Asking rent: $3,200

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
8600 SW 109th Ave Unit 4-224condos231,140$265,0002026-08-03
8415 SW 107th Ave Apt 146Wcondos22985$235,0002026-07-10
8500 SW 109th Ave Unit 6-118condos22945$236,0002026-06-16
7226 SW 94th Pl Apt F7condos22763$234,0002026-05-22
9453 SW 76th St Apt S2condos22936$235,0002026-05-18
8025 SW 107th Ave Apt 213condos22965$270,0002026-05-14
8015 SW 107th Ave Apt 313condos22965$260,0002026-05-08
8401 SW 107th Ave Apt 111Econdos221,235$300,0002026-04-24
8600 SW 109th Ave Unit 4-101condos221,140$250,0002026-04-15
8045 SW 107th Ave Apt 303condos22965$285,0002026-03-30
7220 SW 94th Pl Apt G4condos22763$215,0002026-03-26
8075 SW 107th Ave Apt 210condos22965$280,0002026-03-11
8065 SW 107th Ave Apt 113condos22965$265,0002026-02-19
8415 SW 107th Ave Apt 270Wcondos22985$204,5002026-02-02
8015 SW 107th Ave Apt 220condos22965$260,0002026-01-09
6415 SW 116th Plcondos231,310$299,9992025-12-26
9449 SW 76th St Apt T2condos22936$288,0002025-11-07
8415 SW 107th Ave Apt 335Wcondos22985$250,0002025-10-31
8075 SW 107th Ave Apt 320condos22965$280,0002025-10-24

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
7024 SW 114th Pl Unit A52townhomes231,330$385,000
9429 SW 76th St Apt W25condos221,262$279,000
6201 SW 116th Pl Apt Dcondos221,340$375,000
9449 SW 76th St Apt T5condos21878$265,000
6231 SW 116th Pl Apt Acondos221,330$325,000
8500 SW 109th Ave Unit 6-220condos231,140$249,900
8415 SW 107th Ave Apt 303Wcondos22985$285,000
8886 SW 62nd Ter Unit 8Atownhomes231,780$625,000

10-year hold projection

IRR-2.4%
Equity multiple0.61x
Total return (10yr)$9,967
YearProperty valueNOICash flowLoan balanceEquity
1$307,970$5,787-$14,039$236,607$71,363
2$317,209$6,059-$13,802$233,835$83,374
3$326,725$6,341-$13,555$230,873$95,852
4$336,527$6,634-$13,298$227,708$108,819
5$346,623$6,939-$13,031$224,325$122,297
6$357,022$7,255-$12,752$220,711$136,311
7$367,732$7,584-$12,463$216,848$150,885
8$378,764$7,925-$12,162$212,719$166,045
9$390,127$8,279-$11,848$208,307$181,820
10$401,831$8,647-$11,523$203,592$198,239
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.