3917 SW 42nd Ave
Miami, FL 33146 · single_family · For Sale · 148 days on market
Asking price$4,550,000
6 beds 6 baths 4,898 sqft
Listed by Marcello Fabbri · Concierge Properties
Typesingle_family
Built2009
Price / sqft$929
Est. value (own analysis)$5,755,787
Rent estimate (own analysis)$22,000/mo
HOANone
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Statusfor_sale
Listed date2026-04-07
Removed date—
MLSBeachesMLS #R11126274
Coordinates25.71774, -80.26095
Address3917 SW 42nd Ave
CityMiami
StateFL
Zip33146
Listing ID6177207436
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33146)
Typical home value (ZHVI)$1,955,688
Typical rent (ZORI)$3,608/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 | $4,550,000 |
| Down payment (20.0%) | $910,000 |
| Loan amount | $3,640,000 |
| Closing costs (5.0%) | $227,500 |
| Total cash to close | $1,137,500 |
| Income | |
| Rent (comp-derived) | $22,000$264,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $20,240$242,880 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $7,204$86,450 |
| Insurance (placeholder 0.8% of price) | $3,033$36,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,100$13,200 |
| Total operating expenses | $11,338$136,050 |
| 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) | $1,100$13,200 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 3,218 | $7,900 | 2026-07-24 | — | |
| single_family | 6 | 7 | 5,850 | $25,000 | 2026-07-21 | — | |
| single_family | 6 | 5 | 3,390 | $13,000 | 2026-06-25 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,806 | $22,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 4 | 6,112 | $30,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 5523 Alhambra Cir | single_family | 6 | 5 | 7,212 | $5,300,000 | 2026-03-16 |
| 420 Barbarossa Ave | single_family | 6 | 7 | 5,530 | $6,200,000 | 2026-01-05 |
| 6312 Riviera Dr | single_family | 6 | 6 | 9,550 | $32,000,000 | 2025-12-16 |
| 6400 San Vicente St | single_family | 6 | 8 | 6,102 | $7,500,000 | 2025-11-10 |
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 |
|---|---|---|---|---|---|---|
| 6716 San Vicente St | single_family | 6 | 6 | 5,250 | $7,899,000 | — |
| 1514 Consolata Ave | single_family | 6 | 6 | 4,455 | $5,250,000 | — |
| 5343 Orduna Dr | single_family | 6 | 5 | 3,950 | $6,998,000 | — |
| 6520 San Vicente St | single_family | 6 | 7 | 5,020 | $7,500,000 | — |
10-year hold projection
IRR-1.0%
Equity multiple0.84x
Total return (10yr)$411,932
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,686,500 | $106,830 | -$187,069 | $3,600,534 | $1,085,966 |
| 2 | $4,827,095 | $110,715 | -$183,514 | $3,558,359 | $1,268,737 |
| 3 | $4,971,908 | $114,734 | -$179,834 | $3,513,286 | $1,458,621 |
| 4 | $5,121,065 | $118,891 | -$176,024 | $3,465,119 | $1,655,946 |
| 5 | $5,274,697 | $123,190 | -$172,080 | $3,413,644 | $1,861,053 |
| 6 | $5,432,938 | $127,636 | -$167,998 | $3,358,634 | $2,074,304 |
| 7 | $5,595,926 | $132,235 | -$163,772 | $3,299,847 | $2,296,079 |
| 8 | $5,763,804 | $136,991 | -$159,399 | $3,237,023 | $2,526,781 |
| 9 | $5,936,718 | $141,909 | -$154,873 | $3,169,884 | $2,766,834 |
| 10 | $6,114,820 | $146,996 | -$150,189 | $3,098,135 | $3,016,684 |
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.