15341 SW 114th Ter
Miami, FL 33196 · single_family · Pending — under contract · 77 days on market
Asking price$829,000
4 beds 3 baths 2,091 sqft
Suggested offer$662,674$166,326 above the est. market value of $662,674.
View on Realtor.com →Listed by Wendy Read P.A. · Keller Williams Capital Realty
Typesingle_family
Built1998
Price / sqft$396
Est. value (own analysis)$662,674
Rent estimate (own analysis)$3,738/mo
HOANone
1 / 48
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Statusfor_sale
Listed date2026-06-17
Removed date—
MLSMiamiMLS #A12031339
Coordinates25.66052, -80.44339
Address15341 SW 114th Ter
CityMiami
StateFL
Zip33196
Listing ID6057444206
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $829,000 |
| Down payment (20.0%) | $165,800 |
| Loan amount | $663,200 |
| Closing costs (5.0%) | $41,450 |
| Total cash to close | $207,250 |
| Income | |
| Rent (comp-derived) | $3,738$44,850 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,439$41,262 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,313$15,751 |
| Insurance (placeholder 0.8% of price) | $553$6,632 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $187$2,243 |
| Total operating expenses | $2,052$24,626 |
| 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) | $187$2,243 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 2,368 | $3,875 | 2026-08-16 | — | |
| single_family | 4 | 3 | 2,597 | $5,600 | 2026-08-14 | — | |
| single_family | 4 | 2 | 1,577 | $3,500 | 2026-07-27 | — | |
| single_family | 4 | 3 | 2,541 | $5,800 | 2026-07-22 | — | |
| single_family | 4 | 3 | 2,814 | $3,510 | 2026-07-10 | — | |
| single_family | 4 | 4 | 1,538 | $3,850 | 2026-06-16 | — | |
| single_family | 4 | 3 | 2,512 | $5,500 | 2026-06-05 | — | |
| single_family | 4 | 3 | 2,811 | $5,000 | 2026-08-13 | — | |
| single_family | 4 | 3 | 2,173 | $3,435 | — | — | |
| single_family | 4 | 2 | 2,613 | $3,625 | — | — | |
| single_family | 4 | 3 | 1,908 | $5,100 | 2026-08-25 | — | |
| single_family | 4 | 2 | 1,906 | $3,200 | 2026-08-28 | — | |
| single_family | 4 | 3 | 2,097 | $3,295 | — | — | |
| single_family | 4 | 2 | 2,142 | $3,600 | 2026-08-26 | — | |
| single_family | 4 | 3 | 2,060 | $3,900 | 2026-08-26 | — | |
| single_family | 4 | 3 | 1,568 | $3,450 | 2026-08-29 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 16065 SW 136th Ter | single_family | 4 | 3 | 2,597 | $775,000 | 2026-08-21 |
| 14826 SW 110th Ter | single_family | 4 | 3 | 2,136 | $725,000 | 2026-08-12 |
| 14172 SW 148th Pl | single_family | 4 | 3 | 1,653 | $725,000 | 2026-08-07 |
| 10500 SW 159th Ct | single_family | 4 | 2 | 2,324 | $725,000 | 2026-07-30 |
| 16058 SW 136th Way | single_family | 4 | 3 | 2,597 | $825,000 | 2026-07-24 |
| 14762 SW 143rd Ter | single_family | 4 | 3 | 2,720 | $700,000 | 2026-07-24 |
| 14824 SW 112th St | single_family | 4 | 2 | 2,201 | $785,000 | 2026-07-22 |
| 15330 SW 144th Ter | single_family | 4 | 2 | 2,531 | $850,000 | 2026-07-22 |
| 15804 SW 112th Ter | single_family | 4 | 3 | 2,124 | $414,000 | 2026-07-17 |
| 9435 SW 156th Pl | single_family | 4 | 2 | 2,072 | $680,000 | 2026-07-16 |
| 15596 SW 110th Ter | single_family | 4 | 3 | 2,155 | $760,000 | 2026-07-15 |
| 9586 SW 155th Ave | single_family | 4 | 4 | 2,036 | $847,000 | 2026-07-13 |
| 14918 SW 93rd St | single_family | 4 | 3 | 1,784 | $645,000 | 2026-07-13 |
| 14789 SW 142nd St | single_family | 4 | 2 | 2,193 | $695,000 | 2026-07-09 |
| 10138 SW 161st Ave | single_family | 4 | 3 | 1,908 | $740,000 | 2026-07-07 |
| 15174 SW 111th St | single_family | 4 | 3 | 2,268 | $747,000 | 2026-07-07 |
| 15901 SW 136th Way | single_family | 4 | 3 | 1,977 | $665,000 | 2026-07-07 |
| 15351 SW 146th St | single_family | 4 | 3 | 2,795 | $875,000 | 2026-07-06 |
| 15465 SW 114th St | single_family | 4 | 3 | — | $950,000 | 2026-07-01 |
| 15500 SW 99th Ln | single_family | 4 | 3 | 2,628 | $750,000 | 2026-06-30 |
| 14461 SW 152nd Ct | single_family | 4 | 3 | 2,153 | $720,000 | 2026-06-30 |
| 15374 SW 141st Ter | single_family | 4 | 2 | 2,458 | $650,000 | 2026-06-29 |
| 15965 SW 98th St | single_family | 4 | 3 | 2,312 | $852,500 | 2026-06-26 |
| 11504 SW 152nd Ct | single_family | 4 | 3 | 2,549 | $776,250 | 2026-06-26 |
| 14170 SW 152nd Pl | single_family | 4 | 3 | 2,166 | $750,000 | 2026-06-26 |
| 9329 SW 151st Ave | single_family | 4 | 2 | 2,060 | $650,000 | 2026-06-25 |
| 9108 SW 165th Pl | single_family | 4 | 2 | 2,005 | $632,000 | 2026-06-17 |
| 14231 SW 161st Pl | single_family | 4 | 2 | 1,768 | $715,000 | 2026-06-15 |
| 15542 SW 112th Dr | single_family | 4 | 3 | 2,511 | $665,000 | 2026-06-09 |
| 17116 SW 92nd St | single_family | 4 | 3 | 2,460 | $750,000 | 2026-06-08 |
| 15877 SW 136th Way | single_family | 4 | 3 | 1,977 | $665,000 | 2026-06-05 |
| 14133 SW 152nd Ct | single_family | 4 | 4 | 2,351 | $740,000 | 2026-05-15 |
| 9253 SW 149th Pl | single_family | 4 | 3 | 1,784 | $500,000 | 2026-05-15 |
| 15139 SW 153rd Ct | single_family | 4 | 3 | 2,743 | $1,300,000 | 2026-05-15 |
| 10889 SW 149th Pl | single_family | 4 | 3 | 2,255 | $625,000 | 2026-05-13 |
| 11581 SW 151st Pl | single_family | 4 | 3 | 2,776 | $799,000 | 2026-05-11 |
| 9141 SW 162nd Ct | single_family | 4 | 2 | 1,577 | $590,000 | 2026-05-11 |
| 9526 SW 155th Ave | single_family | 4 | 2 | 1,875 | $652,500 | 2026-05-06 |
| 15932 SW 146th Ter | single_family | 4 | 2 | 1,930 | $600,000 | 2026-05-04 |
| 15025 SW 96th Ter | single_family | 4 | 4 | 2,733 | $760,000 | 2026-05-04 |
| 15563 SW 115th St | single_family | 4 | 6 | 2,504 | $1,165,000 | 2026-05-01 |
| 15313 SW 138th Ter | single_family | 4 | 2 | 2,269 | $675,000 | 2026-04-30 |
| 10102 SW 158th Ct | single_family | 4 | 3 | 2,416 | $873,800 | 2026-04-28 |
| 14723 SW 142nd St | single_family | 4 | 3 | 2,193 | $710,000 | 2026-04-28 |
| 9102 SW 170th Ct | single_family | 4 | 3 | 3,000 | $806,000 | 2026-04-27 |
| 15416 SW 99th Ln | single_family | 4 | 3 | 2,628 | $750,000 | 2026-04-24 |
| 14404 SW 158th Ct | single_family | 4 | 3 | 2,062 | $650,000 | 2026-04-24 |
| 9465 SW 155th Ave | single_family | 4 | 3 | 2,353 | $720,000 | 2026-04-17 |
| 10831 SW 152nd Ct | single_family | 4 | 2 | 1,905 | $699,000 | 2026-04-16 |
| 14152 SW 154th Ct | single_family | 4 | 3 | 2,515 | $670,000 | 2026-04-13 |
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 |
|---|---|---|---|---|---|---|
| 16162 SW 143rd St | single_family | 4 | 4 | 2,310 | $990,000 | — |
| 10135 SW 156th Ave | single_family | 4 | 2 | 2,243 | $799,000 | — |
| 14161 SW 153rd Ave | single_family | 4 | 3 | 2,249 | $830,000 | — |
| 13659 SW 158th Ave | townhomes | 4 | 4 | 2,152 | $649,900 | — |
| 10051 SW 147th Pl | single_family | 4 | 3 | 2,272 | $740,000 | — |
| 15234 SW 140th St | single_family | 4 | 2 | 2,368 | $789,500 | — |
| 15233 SW 141st St | single_family | 4 | 3 | 2,142 | $785,000 | — |
| 14750 SW 152nd Ct | single_family | 4 | 3 | 3,004 | $995,000 | — |
10-year hold projection
IRR-1.9%
Equity multiple0.69x
Total return (10yr)$44,415
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $853,870 | $16,637 | -$36,749 | $656,009 | $197,861 |
| 2 | $879,486 | $17,259 | -$36,183 | $648,325 | $231,161 |
| 3 | $905,871 | $17,903 | -$35,596 | $640,113 | $265,758 |
| 4 | $933,047 | $18,569 | -$34,989 | $631,337 | $301,710 |
| 5 | $961,038 | $19,259 | -$34,359 | $621,959 | $339,080 |
| 6 | $989,869 | $19,972 | -$33,708 | $611,936 | $377,933 |
| 7 | $1,019,565 | $20,711 | -$33,032 | $601,225 | $418,340 |
| 8 | $1,050,152 | $21,475 | -$32,333 | $589,779 | $460,374 |
| 9 | $1,081,657 | $22,266 | -$31,609 | $577,546 | $504,111 |
| 10 | $1,114,107 | $23,084 | -$30,860 | $564,474 | $549,633 |
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.