35303 SW 180th Ave Lot 347
Homestead, FL 33034 · mobile · For Sale · 16 days on market
Asking price$225,900
2 beds 2 baths 850 sqft
Suggested offer$130,000$95,900 above the est. market value of $130,000.
View on Realtor.com →Listed by Erika Dahuabe · One Family Realty
Typemobile
Built1993
Price / sqft$266
Est. value (own analysis)$130,000
Rent estimate (Zillow ZIP avg)$2,436/mo
HOA$98/mo
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Statusfor_sale
Listed date2026-08-17
Removed date—
MLSMiamiMLS #A12064911
Coordinates25.43918, -80.48185
Address35303 SW 180th Ave Lot 347
CityHomestead
StateFL
Zip33034
Listing ID6113219949
Sourceus-real-estate-listings, cached 2026-08-27
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $225,900 |
| Down payment (20.0%) | $45,180 |
| Loan amount | $180,720 |
| Closing costs (5.0%) | $11,295 |
| Total cash to close | $56,475 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,436$29,229 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,241$26,890 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $358$4,292 |
| Insurance (placeholder 0.8% of price) | $151$1,807 |
| HOA dues | $98$1,176 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $122$1,461 |
| Total operating expenses | $728$8,737 |
| 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) | $122$1,461 |
| 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 |
|---|---|---|---|---|---|---|---|
| mobile | 2 | 2 | 850 | $1,850 | 2026-05-10 | — | |
| mobile | 2 | 2 | 1,170 | $1,675 | 2026-07-01 | — |
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 |
|---|---|---|---|---|---|---|
| 35250 SW 177th Ct Unit 168 | mobile | 2 | 2 | 850 | $130,000 | 2026-06-12 |
| 35250 SW 177th Ct Unit 222 | mobile | 2 | 2 | 710 | $140,000 | 2026-02-13 |
| 35303 SW 180th Ave Lot 412 | mobile | 2 | 2 | 1,690 | $160,000 | 2026-02-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1051 Jefferson Dr Unit 1051K | condos | 2 | 2 | 970 | $189,900 | — |
| 35303 SW 180th Ave Lot 333 | mobile | 2 | 2 | 1,170 | $225,000 | — |
| 327 NW 3rd St | single_family | 2 | 1 | 1,004 | $349,999 | — |
| 488 NE 5th Ter | townhomes | 2 | 3 | 1,208 | $269,000 | — |
| 1149 Independence Trl Unit 1149H | condos | 2 | 2 | 970 | $218,000 | — |
| 35250 SW 177th Ct Unit 48 | mobile | 2 | 2 | 1,170 | $197,000 | — |
| 1017 Washington Cir Unit 1017I | condos | 2 | 2 | 960 | $180,900 | — |
| 1021 Adams Ave Unit 1021F | condos | 2 | 2 | 960 | $195,000 | — |
10-year hold projection
IRR15.0%
Equity multiple3.30x
Total return (10yr)$159,245
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $232,677 | $18,154 | $2,756 | $178,761 | $53,916 |
| 2 | $239,657 | $18,742 | $3,308 | $176,667 | $62,991 |
| 3 | $246,847 | $19,349 | $3,877 | $174,429 | $72,418 |
| 4 | $254,252 | $19,975 | $4,465 | $172,037 | $82,215 |
| 5 | $261,880 | $20,622 | $5,072 | $169,482 | $92,399 |
| 6 | $269,736 | $21,288 | $5,699 | $166,750 | $102,986 |
| 7 | $277,829 | $21,977 | $6,345 | $163,832 | $113,997 |
| 8 | $286,163 | $22,687 | $7,013 | $160,712 | $125,451 |
| 9 | $294,748 | $23,419 | $7,702 | $157,379 | $137,369 |
| 10 | $303,591 | $24,175 | $8,413 | $153,817 | $149,774 |
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.