1212 SW 30th Pl

Miami, FL 33135 · multi_family · For Sale · 15 days on market
Asking price$849,000
2 beds 2 baths 1,424 sqft
Suggested offer$571,800$277,200 above the est. market value of $571,800.
View on Realtor.com →
Listed by HelloSold Realty · HelloSold LLC
Typemulti_family
Built
Price / sqft$596
Est. value (Realtor.com)$571,800
Rent estimate (building total, own analysis)$4,333/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-18
Removed date
MLSBeachesMLS #B26065622
Coordinates25.76093, -80.24434
Address1212 SW 30th Pl
CityMiami
StateFL
Zip33135
Listing ID6087327823
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33135)

Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/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$849,000
Down payment (20.0%)$169,800
Loan amount$679,200
Closing costs (5.0%)$42,450
Total cash to close$212,250
Rent (estimate)$4,333$51,997
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$51,997
Vacancy rate (assumption) assumption8.0%

$51,997 × 8.0% = $4,160

Effective gross income$3,986$47,837
Property tax (real MLS tax bill, from Realtor Search)$707$8,480
Insurance (placeholder 0.8% of price)$566$6,792
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$217$2,600
Total operating expenses$1,489$17,872
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$47,837
Total operating expenses derived$17,872

$47,837 − $17,872 = $29,965

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$679,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$679,200 amortized at 6.7% over 30 years = $4,365/mo

CapEx reserve (5.0% of GSR)$217$2,600
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$29,965
Annual debt service derived$52,377
Annual CapEx reserve assumption$2,600
Annual PMI assumption$0

($29,965 − $52,377 − $2,600 − $0) ÷ 12 = -$2,084

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,965
Purchase price data$849,000

$29,965 ÷ $849,000 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$25,011
Total cash to close derived$212,250

-$25,011 ÷ $212,250 = -11.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,965
Annual debt service derived$52,377

$29,965 ÷ $52,377 = 0.57

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$51,997
Purchase price data$849,000

($51,997 ÷ 12) ÷ $849,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$849,000
Gross scheduled rent (annual) comp$51,997

$849,000 ÷ $51,997 = 16.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,872
Effective gross income derived$47,837

$17,872 ÷ $47,837 = 37.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,872
Annual debt service derived$52,377
Annual PMI assumption$0
Gross scheduled rent (annual) comp$51,997

($17,872 + $52,377 + $0) ÷ $51,997 = 135.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
multi_family21$2,198

2121 SW 4th St

Miami, 33135 · rent comp

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

Asking rent: $2,198

View on Zillow →

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
1200 SW 31st Avemulti_family2,079$1,050,0002026-08-31
3501 SW 12th Stmulti_family2,430$930,0002026-08-28
3431-3433 SW 4th Stmulti_family3,429$1,150,0002026-08-28
3230 SW 4th Stmulti_family4,135$1,130,0002026-08-10
700 SW 33rd Avemulti_family522,648$1,355,0002026-08-03
333 SW 30th Avemulti_family2,231$730,0002026-08-03
2416 SW 12th Stmulti_family422,588$867,5002026-07-31
240 Beacom Blvdmulti_family422,540$500,0002026-07-29
2600 SW 2nd Stmulti_family2,625$700,0002026-07-27
1233 SW 13th Avemulti_family665,136$1,555,0002026-07-22
1487 SW 4th Stmulti_family884,480$2,000,0002026-07-21
2722 SW 5th Stmulti_family441,952$870,0002026-07-09
2930 SW 11th Stmulti_family441,986$882,0002026-07-02
3300-3302 SW 10th Stmulti_family3,282$844,0002026-06-30
120 SW 20th Avemulti_family662,304$881,2502026-06-26
3270 SW 7th Stmulti_family2,752$960,0002026-06-18
1232 SW 30th Plmulti_family1,344$738,0002026-06-15
710 SW 33rd Avemulti_family2,982$1,355,0002026-06-15
414 SW 15th Avemulti_family$1,200,0002026-06-11
1212-1214 SW 30th Ctmulti_family1,623$775,0002026-05-29
900 SW 22nd Avemulti_family421,832$650,0002026-05-22
1293 SW 22nd Avemulti_family532,025$1,140,0002026-05-19
200 SW 20th Avemulti_family641,990$666,0002026-05-19
2101 SW 6th Stmulti_family843,250$975,0002026-05-13
901 SW 34th Avemulti_family1,392$580,0002026-05-05
2222 SW 2nd Stmulti_family532,769$550,0002026-04-27
2915 SW 4th Stmulti_family2,320$875,0002026-04-15
1721 SW 11th Termulti_family844,461$1,520,0002026-04-02
635 SW 19th Avemulti_family553,419$855,0002026-04-01
1666-1668 SW 9th Stmulti_family2,212$980,0002026-03-25
1334 SW 4th Stmulti_family2,651$725,0002026-03-24
950 SW 13th Ctmulti_family2,068$738,0002026-03-19
327 SW 13th Avemulti_family3,381$1,100,0002026-03-16
1345 SW 3rd Stmulti_family1264,548$1,650,0002026-02-24
1632 SW 7th Stmulti_family652,793$5,550,0002026-01-23
1642 SW 7th Stmulti_family883,180$5,550,0002026-01-23
1558 SW 3rd Stmulti_family1044,414$754,4252026-01-07
2472 SW 10th Stmulti_family763,782$3,040,0002026-01-06
312 SW 32nd Avemulti_family2,960$950,0002025-12-22
1554 SW 5th Stmulti_family$2,287,5002025-12-18
1640 SW 4th Stmulti_family552,395$4,250,0002025-12-18
415 SW 32nd Avemulti_family885,682$2,682,4002025-12-01
417 SW 32nd Ave Apt 4multi_family885,682$2,682,4002025-12-01
2737 SW 2nd Stmulti_family885,188$1,600,0002025-12-01
3340 SW 7th Stmulti_family2,549$840,0002025-11-30
1475 SW 7th Stmulti_family843,638$1,150,0002025-11-26
831 SW 14th Avemulti_family3,356$820,0002025-11-21
1678 SW 11th Stmulti_family4,900$1,200,0002025-11-18
2916-2918 SW 3rd Stmulti_family2,388$835,0002025-11-12
2500 SW 11th Stmulti_family2,550$875,0002025-11-12

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
2347 SW 2nd Stsingle_family211,357$560,000
2921 SW 10th St Apt 33condos21760$259,000
1220 SW 5th St Apt 2condos21669$250,000
142 SW 18th Ave Apt 19condos21769$195,000
multi_family221,026$535,000
145 SW 30th Ct Unit B208condos21775$273,500
2138 SW 6th St Apt 301condos22770$320,000
2620 SW 9th Stsingle_family22890$1,000,000

10-year hold projection

IRR2.3%
Equity multiple1.36x
Total return (10yr)$188,372
YearProperty valueNOICash flowLoan balanceEquity
1$874,470$29,965-$25,011$671,836$202,634
2$900,704$30,953-$24,088$663,966$236,738
3$927,725$31,974-$23,134$655,556$272,169
4$955,557$33,027-$22,150$646,569$308,988
5$984,224$34,114-$21,133$636,964$347,260
6$1,013,750$35,236-$20,082$626,699$387,051
7$1,044,163$36,394-$18,998$615,730$428,433
8$1,075,488$37,589-$17,878$604,007$471,480
9$1,107,752$38,823-$16,721$591,480$516,273
10$1,140,985$40,097-$15,527$578,092$562,893
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.