35303 SW 180th Ave Lot 333

Homestead, FL 33034 · mobile · For Sale · 14 days on market
Asking price$225,000
2 beds 2 baths 1,170 sqft
Suggested offer$178,941$46,059 above the est. market value of $178,941.
View on Realtor.com →
Listed by Erika Dahuabe · One Family Realty
Typemobile
Built1993
Price / sqft$192
Est. value (own analysis)$178,941
Rent estimate (Zillow ZIP avg)$2,436/mo
HOA$98/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-19
Removed date
MLSMiamiMLS #A12064894
Coordinates25.43918, -80.48185
Address35303 SW 180th Ave Lot 333
CityHomestead
StateFL
Zip33034
Listing ID6124511530
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$225,000
Down payment (20.0%)$45,000
Loan amount$180,000
Closing costs (5.0%)$11,250
Total cash to close$56,250
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)$356$4,275
Insurance (placeholder 0.8% of price)$150$1,800
HOA dues$98$1,176
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$122$1,461
Total operating expenses$726$8,712
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,890
Total operating expenses derived$8,712

$26,890 − $8,712 = $18,178

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$180,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$180,000 amortized at 6.7% over 30 years = $1,157/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$18,178
Annual debt service derived$13,881
Annual CapEx reserve assumption$1,461
Annual PMI assumption$0

($18,178 − $13,881 − $1,461 − $0) ÷ 12 = $236

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,178
Purchase price data$225,000

$18,178 ÷ $225,000 = 8.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$2,836
Total cash to close derived$56,250

$2,836 ÷ $56,250 = 5.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,178
Annual debt service derived$13,881

$18,178 ÷ $13,881 = 1.31

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$225,000

($29,229 ÷ 12) ÷ $225,000 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$225,000
Gross scheduled rent (annual) comp$29,229

$225,000 ÷ $29,229 = 7.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$8,712
Effective gross income derived$26,890

$8,712 ÷ $26,890 = 32.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$8,712
Annual debt service derived$13,881
Annual PMI assumption$0
Gross scheduled rent (annual) comp$29,229

($8,712 + $13,881 + $0) ÷ $29,229 = 77.3%

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
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
889 Hamilton Dr Unit 889Econdos22970$179,900

10-year hold projection

IRR15.1%
Equity multiple3.32x
Total return (10yr)$159,655
YearProperty valueNOICash flowLoan balanceEquity
1$231,750$18,178$2,836$178,048$53,702
2$238,703$18,767$3,388$175,963$62,740
3$245,864$19,374$3,958$173,734$72,130
4$253,239$20,001$4,547$171,352$81,888
5$260,837$20,648$5,155$168,806$92,030
6$268,662$21,316$5,782$166,086$102,576
7$276,722$22,005$6,429$163,179$113,543
8$285,023$22,715$7,097$160,072$124,951
9$293,574$23,449$7,787$156,752$136,822
10$302,381$24,205$8,499$153,204$149,177
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.