7434 SW 129th Ct

Miami, FL 33183 · single_family · For Sale · 128 days on market
Asking price$810,000
3 beds 2 baths 2,052 sqft
View on Realtor.com →
Listed by Louis Tamayo · Grass Tamayo Real Estate Group LLC
Typesingle_family
Built1994
Price / sqft$395
Est. value (own analysis)$834,429
Rent estimate (own analysis)$3,100/mo
HOA$70/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-27
Removed date
MLSMiamiMLS #A12007087
Coordinates25.69787, -80.40377
Address7434 SW 129th Ct
CityMiami
StateFL
Zip33183
Listing ID6251760203
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33183)

Typical home value (ZHVI)$399,570
Typical rent (ZORI)$2,514/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$810,000
Down payment (20.0%)$162,000
Loan amount$648,000
Closing costs (5.0%)$40,500
Total cash to close$202,500
Rent (comp-derived)$3,100$37,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,200
Vacancy rate (assumption) assumption8.0%

$37,200 × 8.0% = $2,976

Effective gross income$2,852$34,224
Property tax (placeholder 1.9% of price)$1,283$15,390
Insurance (placeholder 0.8% of price)$540$6,480
HOA dues$70$840
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$155$1,860
Total operating expenses$2,048$24,570
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,224
Total operating expenses derived$24,570

$34,224 − $24,570 = $9,654

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$648,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$648,000 amortized at 6.7% over 30 years = $4,164/mo

CapEx reserve (5.0% of GSR)$155$1,860
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$9,654
Annual debt service derived$49,971
Annual CapEx reserve assumption$1,860
Annual PMI assumption$0

($9,654 − $49,971 − $1,860 − $0) ÷ 12 = -$3,515

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,654
Purchase price data$810,000

$9,654 ÷ $810,000 = 1.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$42,177
Total cash to close derived$202,500

-$42,177 ÷ $202,500 = -20.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,654
Annual debt service derived$49,971

$9,654 ÷ $49,971 = 0.19

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,200
Purchase price data$810,000

($37,200 ÷ 12) ÷ $810,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$810,000
Gross scheduled rent (annual) comp$37,200

$810,000 ÷ $37,200 = 21.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$24,570
Effective gross income derived$34,224

$24,570 ÷ $34,224 = 71.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$24,570
Annual debt service derived$49,971
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,200

($24,570 + $49,971 + $0) ÷ $37,200 = 200.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family32$3,700
single_family331,220$2,800
single_family33$3,300
single_family321,308$2,900
single_family331,472$3,100
single_family33$3,300
single_family331,560$3,200
single_family331,190$2,800
single_family32$1,2002026-08-31

13220 SW 86th Ln Unit O

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage
Listed
Days on market

Asking rent: $3,700

View on Zillow →

6225 Kendale Lakes Cir

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed
Days on market

Asking rent: $2,800

View on Zillow →

12701 SW 70th Ln

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage
Listed
Days on market

Asking rent: $3,300

View on Zillow →

6350 SW 139th Ave # 6350

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,308
Listed
Days on market

Asking rent: $2,900

View on Zillow →

6834 SW 128th Pl

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,472
Listed
Days on market

Asking rent: $3,100

View on Zillow →

8341 SW 124th Ave

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage
Listed
Days on market

Asking rent: $3,300

View on Zillow →

5725 SW 132nd Ct

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,560
Listed
Days on market

Asking rent: $3,200

View on Zillow →

13220 SW 58th Ter # 16-1

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,190
Listed
Days on market

Asking rent: $2,800

View on Zillow →

14687 SW 56th Ter

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage
Listed2026-08-31
Days on market

Asking rent: $1,200

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
6661 SW 127th Pathsingle_family321,412$620,0002026-07-30
7241 SW 130th Avesingle_family321,612$600,0002026-07-15
7707 SW 140th Ctsingle_family321,957$685,0002026-07-10
12965 SW 76th Tersingle_family321,612$710,0002026-07-09
13010 SW 80th Stsingle_family321,875$675,0002026-07-09
7004 SW 139th Plsingle_family321,787$785,0002026-07-06
12845 SW 72nd Tersingle_family331,672$760,0002026-06-26
13615 SW 72nd Tersingle_family321,612$790,0002026-06-12
6061 SW 128th Ctsingle_family321,552$560,0002026-06-11
7916 SW 140th Avesingle_family322,118$700,0002026-05-13
12755 SW 60th Lnsingle_family321,419$720,5002026-05-12
12894 SW 60th Tersingle_family332,022$770,0002026-04-22
6815 SW 134th Ctsingle_family321,558$710,0002026-04-20
13231 SW 86th Stsingle_family321,653$645,0002026-04-14
6611 SW 127th Pathsingle_family321,412$425,0002026-04-08
8650 SW 133rd Avenue Rdsingle_family321,040$220,0002026-04-06
6721 SW 135th Avesingle_family321,656$750,0002026-04-02
7322 SW 134th Plsingle_family321,612$710,0002026-03-16
7904 SW 139th Ctsingle_family321,525$849,0002026-03-09
13239 SW 85th Tersingle_family321,629$750,0002026-02-13
7700 SW 137th Ctsingle_family321,713$778,5002026-01-30
8181 SW 118th Ctsingle_family321,800$570,0002026-01-30
14540 SW 77th Stsingle_family321,984$850,0002025-12-22
7304 SW 127th Ctsingle_family321,275$570,0002025-12-16
8625 SW 133rd Road Plsingle_family321,629$679,0002025-12-12
12920 SW 81st Stsingle_family321,748$740,0002025-12-08
7501 SW 138th Ctsingle_family321,873$750,0002025-12-02
12868 SW 61st Stsingle_family321,491$585,0002025-11-18
5663 SW 130th Avesingle_family322,162$735,0002025-11-10
7520 SW 141st Avesingle_family321,525$125,0002025-10-28
7124 SW 134th Ctsingle_family32985$620,0002025-10-10
12732 SW 68th Tersingle_family331,472$545,0002025-10-09
13440 SW 81st Stsingle_family321,596$649,0002025-09-25
7824 SW 118th Ctsingle_family322,327$600,0002025-09-10
12749 SW 71st Tersingle_family331,472$560,0002025-09-03

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
14020 SW 83rd Stsingle_family321,472$815,000
6466 SW 130th Pl Apt 902townhomes321,150$367,000
13863 SW 62nd Tertownhomes331,308$449,000
6834 SW 127th Pltownhomes331,472$559,999
8351 SW 124th Ave Apt 106condos331,857$520,000
13517 SW 59th Lntownhomes321,290$469,000
8520 SW 133rd Ave Rd Apt 406condos321,040$295,500
11969 SW 81st Sttownhomes321,746$595,000

10-year hold projection

IRR-4.0%
Equity multiple0.34x
Total return (10yr)-$28,436
YearProperty valueNOICash flowLoan balanceEquity
1$834,300$9,654-$42,177$640,974$193,326
2$859,329$10,066-$41,811$633,466$225,863
3$885,109$10,494-$41,430$625,442$259,667
4$911,662$10,938-$41,035$616,868$294,795
5$939,012$11,399-$40,625$607,704$331,308
6$967,182$11,876-$40,199$597,911$369,271
7$996,198$12,372-$39,756$587,446$408,752
8$1,026,084$12,885-$39,296$576,262$449,822
9$1,056,866$13,418-$38,819$564,309$492,557
10$1,088,572$13,970-$38,324$551,537$537,036
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.