19721 SW 114th Ct
Miami, FL 33157 · single_family · For Sale · 8 days on market
Asking price$479,000
2 beds 1 baths 888 sqft
Suggested offer$433,793$45,207 above the est. market value of $433,793.
View on Realtor.com →Listed by Elena M. Kemper · BHHS EWM Realty
Typesingle_family
Built1969
Price / sqft$539
Est. value (own analysis)$433,793
Rent estimate (own analysis)$2,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-25
Removed date—
MLSMiamiMLS #A12077530
Coordinates25.58278, -80.37724
Address19721 SW 114th Ct
CityMiami
StateFL
Zip33157
Listing ID6099084296
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33157)
Typical home value (ZHVI)$630,585
Typical rent (ZORI)$2,736/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 | $479,000 |
| Down payment (20.0%) | $95,800 |
| Loan amount | $383,200 |
| Closing costs (5.0%) | $23,950 |
| Total cash to close | $119,750 |
| Income | |
| Rent (comp-derived) | $2,000$24,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,840$22,080 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $758$9,101 |
| Insurance (est. scaled by flood & wind risk) | $559$6,706 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $100$1,200 |
| Total operating expenses | $1,417$17,007 |
| 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) | $100$1,200 |
| 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 | 2 | 1 | 800 | $1,800 | 2026-08-27 | — | |
| single_family | 2 | 1 | 800 | $2,000 | — | — | |
| single_family | 2 | 2 | 720 | $2,790 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 10040 SW 170th Ter | single_family | 2 | 1 | 720 | $380,000 | 2026-07-21 |
| 16901 SW 94th Ave | single_family | 2 | 1 | 870 | $425,000 | 2026-07-20 |
| 15600 SW 77th Ave | single_family | 2 | 2 | 1,330 | $967,000 | 2026-06-25 |
| 16220 SW 101st Ave | single_family | 2 | 2 | 1,200 | $450,000 | 2026-06-18 |
| 15801 SW 99th Pl | single_family | 2 | 2 | 1,622 | $559,000 | 2026-06-02 |
| 10229 SW 175th St | single_family | 2 | 1 | 792 | $349,900 | 2026-05-28 |
| 10045 SW 172nd St | single_family | 2 | 1 | 924 | $495,000 | 2026-05-18 |
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 |
|---|---|---|---|---|---|---|
| 11249 SW 169th St Unit V4831 | condos | 2 | 2 | 1,240 | $268,500 | — |
| 19771 SW 114th Ave Apt 126 | condos | 2 | 2 | 800 | $165,000 | — |
| 15888 SW 95th Ave Apt 209 | condos | 2 | 1 | 880 | $237,000 | — |
| 16971 SW 113th Ct Unit 31444E | condos | 2 | 2 | 1,240 | $320,000 | — |
| 11284 SW 169th St Unit V3743 | condos | 2 | 2 | 1,110 | $268,000 | — |
| condos | 2 | 2 | 800 | $129,000 | — | |
| 17019 SW 100th Ave | single_family | 2 | 1 | 909 | $499,000 | — |
| 11311 SW 200th St Apt 311D | condos | 2 | 2 | 840 | $200,000 | — |
10-year hold projection
IRR-4.4%
Equity multiple0.27x
Total return (10yr)-$24,582
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $493,370 | $5,073 | -$25,678 | $379,045 | $114,325 |
| 2 | $508,171 | $5,310 | -$25,470 | $374,605 | $133,566 |
| 3 | $523,416 | $5,557 | -$25,255 | $369,860 | $153,556 |
| 4 | $539,119 | $5,813 | -$25,030 | $364,789 | $174,329 |
| 5 | $555,292 | $6,079 | -$24,797 | $359,370 | $195,922 |
| 6 | $571,951 | $6,355 | -$24,553 | $353,579 | $218,372 |
| 7 | $589,110 | $6,642 | -$24,300 | $347,390 | $241,719 |
| 8 | $606,783 | $6,940 | -$24,037 | $340,776 | $266,007 |
| 9 | $624,986 | $7,249 | -$23,764 | $333,708 | $291,278 |
| 10 | $643,736 | $7,570 | -$23,479 | $326,155 | $317,581 |
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.