2920 SW 69th Ave
Miami, FL 33155 · single_family · For Sale · 23 days on market
Asking price$825,000
5 beds 5 baths 2,457 sqft
Listed by Maylet Romero Vazquez PA · EXP Realty, LLC
Typesingle_family
Built1968
Price / sqft$336
Est. value (own analysis)$1,097,517
Rent estimate (own analysis)$7,350/mo
HOANone
1 / 51
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Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12068704
Coordinates25.74246, -80.30713
Address2920 SW 69th Ave
CityMiami
StateFL
Zip33155
Listing ID6065057342
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33155)
Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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 | $825,000 |
| Down payment (20.0%) | $165,000 |
| Loan amount | $660,000 |
| Closing costs (5.0%) | $41,250 |
| Total cash to close | $206,250 |
| Income | |
| Rent (comp-derived) | $7,350$88,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,762$81,144 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,306$15,675 |
| Insurance (placeholder 0.8% of price) | $550$6,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $368$4,410 |
| Total operating expenses | $2,224$26,685 |
| 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) | $368$4,410 |
| 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 | 5 | 3 | 3,002 | $12,000 | 2026-08-19 | — | |
| single_family | 5 | 8 | 2,326 | $8,200 | 2026-07-13 | — | |
| single_family | 5 | 2 | 1,974 | $5,000 | — | — | |
| single_family | 5 | 3 | 2,442 | $6,500 | 2026-08-30 | — |
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 |
|---|---|---|---|---|---|---|
| 7840 SW 18th Ter | single_family | 5 | 4 | 2,586 | $1,120,000 | 2026-08-07 |
| 2725 SW 82nd Ave | single_family | 5 | 4 | 2,251 | $810,000 | 2026-07-23 |
| 5785 SW 46th Ter | single_family | 5 | 4 | 2,053 | $1,670,000 | 2026-07-10 |
| 6810 SW 51st St | single_family | 5 | 3 | 1,889 | $1,100,000 | 2026-06-18 |
| 1715 SW 84th Ave | single_family | 5 | 3 | 2,289 | $745,000 | 2026-06-16 |
| 7731 SW 18th Ter | single_family | 5 | 4 | 2,184 | $917,000 | 2026-06-11 |
| 6521 SW 31st St | single_family | 5 | 3 | 1,840 | $1,020,000 | 2026-06-08 |
| 5815 SW 27th St | single_family | 5 | 4 | 3,790 | $2,050,000 | 2026-04-01 |
| 8370 SW 46th St | single_family | 5 | 3 | 1,955 | $935,000 | 2026-03-31 |
| 2930 SW 79th Ct | single_family | 5 | 5 | 2,863 | $1,275,000 | 2026-03-23 |
| 6480 SW 37th St | single_family | 5 | 4 | 1,844 | $348,000 | 2026-03-16 |
| 6301 Coral Lake Dr | single_family | 5 | 3 | 2,980 | $1,735,000 | 2026-02-24 |
| 7815 SW 21st Ter | single_family | 5 | 3 | 2,456 | $795,000 | 2026-02-24 |
| 7410 SW 39th St | single_family | 5 | 3 | 1,607 | $720,000 | 2026-02-23 |
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 |
|---|---|---|---|---|---|---|
| 2000 SW 84th Ave | single_family | 5 | 3 | 1,845 | $885,000 | — |
| 2231 SW 57th Ct | single_family | 5 | 3 | 2,692 | $650,000 | — |
| 2216 SW 62nd Ave | single_family | 5 | 3 | 2,442 | $910,000 | — |
| 6560 SW 34th St | single_family | 5 | 4 | 1,949 | $825,000 | — |
| 5766 SW 41st St | single_family | 5 | 5 | 3,500 | $1,250,000 | — |
| 6359 SW 34th St | single_family | 5 | 6 | 4,902 | $3,249,000 | — |
| 7390 SW 30th Ter | single_family | 5 | 3 | 2,030 | $1,190,000 | — |
| 5854 SW 30th St | single_family | 5 | 6 | 3,904 | $4,250,000 | — |
10-year hold projection
IRR10.8%
Equity multiple2.68x
Total return (10yr)$454,877
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $849,750 | $54,459 | -$847 | $652,844 | $196,906 |
| 2 | $875,243 | $56,226 | $810 | $645,197 | $230,046 |
| 3 | $901,500 | $58,050 | $2,520 | $637,024 | $264,475 |
| 4 | $928,545 | $59,931 | $4,286 | $628,291 | $300,254 |
| 5 | $956,401 | $61,873 | $6,109 | $618,957 | $337,444 |
| 6 | $985,093 | $63,877 | $7,991 | $608,983 | $376,110 |
| 7 | $1,014,646 | $65,944 | $9,933 | $598,324 | $416,322 |
| 8 | $1,045,085 | $68,077 | $11,939 | $586,932 | $458,153 |
| 9 | $1,076,438 | $70,278 | $14,008 | $574,759 | $501,679 |
| 10 | $1,108,731 | $72,549 | $16,145 | $561,749 | $546,982 |
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.