15445 SW 57th St

Miami, FL 33193 · single_family · For Sale · 186 days on market
Asking price$795,000
7 beds 5 baths 1,665 sqft
Suggested offer$768,400$26,600 above the est. market value of $768,400.
View on Realtor.com →
Listed by Ibel Martinez · Rejoice Realty Group, Inc.
Typesingle_family
Built
Price / sqft$477
Est. value (Realtor.com)$768,400
Rent estimate (own analysis)$15,000/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-01
Removed date
MLSMiamiMLS #A11972263
Coordinates25.71298, -80.44365
Address15445 SW 57th St
CityMiami
StateFL
Zip33193
Listing ID6184595113
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33193)

Typical home value (ZHVI)$445,241
Typical rent (ZORI)$2,377/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$795,000
Down payment (20.0%)$159,000
Loan amount$636,000
Closing costs (5.0%)$39,750
Total cash to close$198,750
Rent (comp-derived)$15,000$180,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$180,000
Vacancy rate (assumption) assumption8.0%

$180,000 × 8.0% = $14,400

Effective gross income$13,800$165,600
Property tax (real MLS tax bill, from Realtor Search)$685$8,216
Insurance (placeholder 0.8% of price)$530$6,360
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$750$9,000
Total operating expenses$1,965$23,576
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$165,600
Total operating expenses derived$23,576

$165,600 − $23,576 = $142,024

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$636,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$636,000 amortized at 6.7% over 30 years = $4,087/mo

CapEx reserve (5.0% of GSR)$750$9,000
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$142,024
Annual debt service derived$49,045
Annual CapEx reserve assumption$9,000
Annual PMI assumption$0

($142,024 − $49,045 − $9,000 − $0) ÷ 12 = $6,998

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$142,024
Purchase price data$795,000

$142,024 ÷ $795,000 = 17.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$83,979
Total cash to close derived$198,750

$83,979 ÷ $198,750 = 42.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$142,024
Annual debt service derived$49,045

$142,024 ÷ $49,045 = 2.90

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$180,000
Purchase price data$795,000

($180,000 ÷ 12) ÷ $795,000 = 1.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$795,000
Gross scheduled rent (annual) comp$180,000

$795,000 ÷ $180,000 = 4.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,576
Effective gross income derived$165,600

$23,576 ÷ $165,600 = 14.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,576
Annual debt service derived$49,045
Annual PMI assumption$0
Gross scheduled rent (annual) comp$180,000

($23,576 + $49,045 + $0) ÷ $180,000 = 40.3%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family775,119$13,9902026-06-17
single_family751,107$15,0002025-10-28
single_family778,000$25,0002026-09-01

8480 SW 98th St

Miami, 33156 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage5,119
Listed2026-06-17
Days on market

Asking rent: $13,990

View on Zillow →

12890 NW 2nd St

Miami, 33182 · rent comp

Bedrooms / bathrooms7 bd / 5 ba
Square footage1,107
Listed2025-10-28
Days on market

Asking rent: $15,000

View on Zillow →

11531 SW 93rd St

Miami, 33176 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage8,000
Listed2026-09-01
Days on market

Asking rent: $25,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
15891 SW 84th Stsingle_family432,073$700,0002026-09-01
16166 SW 86th Tersingle_family321,454$525,0002026-08-28
15260 SW 57th Stsingle_family421,465$630,5002026-08-28
7743 SW 157th Plsingle_family421,693$660,0002026-08-25
15445 SW 57th Stsingle_family751,665$790,0002026-08-22
8224 SW 157th Ctsingle_family321,631$565,0002026-08-12
7315 SW 158th Avesingle_family321,668$720,0002026-08-12
15511 SW 59th Stsingle_family432,363$750,0002026-08-11
15712 SW 69th Lnsingle_family644,883$1,975,0002026-08-11
16519 SW 67th Tersingle_family432,847$850,0002026-08-11
6601 SW 166th Ctsingle_family442,964$865,0002026-08-07
15332 SW 57th Stsingle_family321,245$470,0002026-08-07
7515 SW 164th Ctsingle_family422,293$710,0002026-08-06
8618 SW 161st Plsingle_family432,146$700,0002026-08-06
7891 SW 162nd Ctsingle_family421,549$615,0002026-07-28
15613 SW 63rd Tersingle_family321,657$651,0002026-07-27
6502 SW 157th Ctsingle_family442,890$800,0002026-07-24
6605 SW 151st Ctsingle_family321,512$699,0002026-07-24
16016 SW 66th Tersingle_family532,242$755,0002026-07-23
14747 SW 82nd Stsingle_family321,377$622,0002026-07-22
14811 SW 69th Stsingle_family321,489$540,0002026-07-20
8216 SW 166th Plsingle_family432,326$875,0002026-07-17
8357 SW 162nd Ctsingle_family321,574$590,0002026-07-16
6153 SW 154th Ctsingle_family532,395$760,0002026-07-13
8020 SW 158th Avesingle_family32$590,0002026-07-13
8007 SW 157th Plsingle_family421,830$615,0002026-07-13
5803 SW 152nd Ctsingle_family321,784$630,0002026-07-10
15715 SW 76th Tersingle_family321,696$595,0002026-07-08
8050 SW 157th Plsingle_family321,407$545,0002026-07-08
14971 SW 75th Tersingle_family321,402$505,0002026-07-08
16308 SW 83rd Lnsingle_family321,602$615,0002026-07-02
15463 SW 57th Stsingle_family441,790$690,0002026-06-30
16314 SW 57th Stsingle_family321,498$790,0002026-06-29
6401 SW 162nd Ctsingle_family432,055$475,0002026-06-16
7552 SW 157th Plsingle_family432,135$555,0002026-06-12
15726 SW 76th Tersingle_family432,096$815,0002026-06-11
14880 SW 56th Tersingle_family421,579$660,0002026-06-11
5673 SW 149th Avesingle_family321,324$620,0002026-06-10
7350 SW 161st Plsingle_family321,607$560,5002026-06-05
5860 SW 150th Avesingle_family321,697$652,0002026-06-05
15902 SW 66th Tersingle_family533,370$700,0002026-05-29
16101 SW 73rd Stsingle_family421,872$662,0002026-05-29
16301 SW 70th Stsingle_family542,003$815,0002026-05-29
6425 SW 164th Avesingle_family432,481$800,0002026-05-29
5790 SW 148th Plsingle_family321,488$635,0002026-05-21
5861 SW 152nd Ctsingle_family321,339$552,0002026-05-20
7144 SW 148th Ctsingle_family321,161$610,0002026-05-19
6000 SW 153rd Court Rdsingle_family332,393$680,0002026-05-18
15871 SW 82nd Stsingle_family432,146$615,0002026-05-15
8172 SW 163rd Ctsingle_family431,955$755,0002026-05-13

Widened to city-wide. 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
12701 SW 80th Stsingle_family753,420$1,100,000
19701 SW 197th Avesingle_family754,343$2,275,000
12231 SW 1st Stsingle_family764,731$1,550,000
12141 Walsh Blvdsingle_family774,102$2,350,000
7855 SW 83rd Ctsingle_family777,831$5,395,000
2835 SW 132nd Avesingle_family765,789$3,500,000
2027 SW 58th Avemulti_family743,208$775,000
7910 SW 73rd Ctsingle_family743,667$2,600,000

10-year hold projection

IRR47.7%
Equity multiple7.58x
Total return (10yr)$1,411,095
YearProperty valueNOICash flowLoan balanceEquity
1$818,850$142,024$83,979$629,104$189,746
2$843,416$146,403$88,132$621,735$221,680
3$868,718$150,916$92,415$613,860$254,858
4$894,780$155,567$96,829$605,444$289,336
5$921,623$160,361$101,381$596,450$325,173
6$949,272$165,302$106,074$586,838$362,433
7$977,750$170,394$110,912$576,566$401,183
8$1,007,082$175,643$115,899$565,589$441,493
9$1,037,295$181,052$121,041$553,859$483,436
10$1,068,414$186,627$126,342$541,322$527,091
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.