35250 SW 177th Ct Unit 18

Homestead, FL 33034 · mobile · For Sale · 21 days on market
Asking price$180,000
2 beds 2 baths 850 sqft
Suggested offer$130,000$50,000 above the est. market value of $130,000.
View on Realtor.com →
Listed by Aldo Briolo · Cervera Real Estate Inc.
Typemobile
Built2001
Price / sqft$212
Est. value (own analysis)$130,000
Rent estimate (Zillow ZIP avg)$2,436/mo
HOA$174/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-12
Removed date
MLSMiamiMLS #A12069963
Coordinates25.43632, -80.47809
Address35250 SW 177th Ct Unit 18
CityHomestead
StateFL
Zip33034
Listing ID6110499536
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33034)

Typical home value (ZHVI)$382,671
Typical rent (ZORI)$2,436/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$180,000
Down payment (20.0%)$36,000
Loan amount$144,000
Closing costs (5.0%)$9,000
Total cash to close$45,000
Rent (ZIP avg, ZORI — not bedroom-specific)$2,436$29,229
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$29,229
Vacancy rate (assumption) assumption8.0%

$29,229 × 8.0% = $2,338

Effective gross income$2,241$26,890
Property tax (placeholder 1.9% of price)$285$3,420
Insurance (placeholder 0.8% of price)$120$1,440
HOA dues$174$2,088
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$122$1,461
Total operating expenses$701$8,409
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,890
Total operating expenses derived$8,409

$26,890 − $8,409 = $18,481

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$144,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$144,000 amortized at 6.7% over 30 years = $925/mo

CapEx reserve (5.0% of GSR)$122$1,461
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$18,481
Annual debt service derived$11,105
Annual CapEx reserve assumption$1,461
Annual PMI assumption$0

($18,481 − $11,105 − $1,461 − $0) ÷ 12 = $493

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,481
Purchase price data$180,000

$18,481 ÷ $180,000 = 10.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$5,915
Total cash to close derived$45,000

$5,915 ÷ $45,000 = 13.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,481
Annual debt service derived$11,105

$18,481 ÷ $11,105 = 1.66

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$29,229
Purchase price data$180,000

($29,229 ÷ 12) ÷ $180,000 = 1.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$180,000
Gross scheduled rent (annual) comp$29,229

$180,000 ÷ $29,229 = 6.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$8,409
Effective gross income derived$26,890

$8,409 ÷ $26,890 = 31.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$8,409
Annual debt service derived$11,105
Annual PMI assumption$0
Gross scheduled rent (annual) comp$29,229

($8,409 + $11,105 + $0) ÷ $29,229 = 66.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
mobile22850$1,8502026-05-10
mobile221,170$1,6752026-07-01

35303 SW 180th Ave Lot 347

Homestead, 33034 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage850
Listed2026-05-10
Days on market

Asking rent: $1,850

View on Zillow →

35250 SW 177th Ct Unit 5

Homestead, 33034 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,170
Listed2026-07-01
Days on market

Asking rent: $1,675

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
35250 SW 177th Ct Unit 168mobile22850$130,0002026-06-12
35250 SW 177th Ct Unit 222mobile22710$140,0002026-02-13
35303 SW 180th Ave Lot 412mobile221,690$160,0002026-02-10

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
1051 Jefferson Dr Unit 1051Kcondos22970$189,900
35303 SW 180th Ave Lot 333mobile221,170$225,000
327 NW 3rd Stsingle_family211,004$349,999
488 NE 5th Tertownhomes231,208$269,000
1149 Independence Trl Unit 1149Hcondos22970$218,000
35250 SW 177th Ct Unit 48mobile221,170$197,000
1017 Washington Cir Unit 1017Icondos22960$180,900
1021 Adams Ave Unit 1021Fcondos22960$195,000

10-year hold projection

IRR21.8%
Equity multiple4.25x
Total return (10yr)$169,976
YearProperty valueNOICash flowLoan balanceEquity
1$185,400$18,481$5,915$142,439$42,961
2$190,962$19,077$6,475$140,770$50,192
3$196,691$19,693$7,053$138,987$57,704
4$202,592$20,328$7,649$137,082$65,510
5$208,669$20,983$8,265$135,046$73,624
6$214,929$21,659$8,901$132,869$82,060
7$221,377$22,356$9,557$130,544$90,834
8$228,019$23,076$10,234$128,058$99,960
9$234,859$23,818$10,933$125,402$109,457
10$241,905$24,584$11,654$122,564$119,341
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.