569 SW 4th St

Miami, FL 33130 · multi_family · Pending — under contract · 478 days on market
Asking price$1,325,000
— beds — baths 3,238 sqft
Suggested offer$1,120,769$204,231 above the est. market value of $1,120,769.
View on Realtor.com →
Listed by Antonio Saladrigas · Fausto Commercial Realty Consultants Inc
Typemulti_family
Built1987
Price / sqft$409
Est. value (own analysis)$1,120,769
Rent estimate (building total, own analysis)$12,952/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-05-12
Removed date
MLSMiamiMLS #A11801168
Coordinates25.77016, -80.20396
Address569 SW 4th St
CityMiami
StateFL
Zip33130
Listing ID6255089650
Sourceus-real-estate-listings, cached 2026-08-29

ZIP market snapshot (33130)

Typical home value (ZHVI)$515,336
Typical rent (ZORI)$3,262/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$1,325,000
Down payment (20.0%)$265,000
Loan amount$1,060,000
Closing costs (5.0%)$66,250
Total cash to close$331,250
Rent (estimate)$12,952$155,424
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$155,424
Vacancy rate (assumption) assumption8.0%

$155,424 × 8.0% = $12,434

Effective gross income$11,916$142,990
Property tax (placeholder 1.9% of price)$2,098$25,175
Insurance (placeholder 0.8% of price)$883$10,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$648$7,771
Total operating expenses$3,629$43,546
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$142,990
Total operating expenses derived$43,546

$142,990 − $43,546 = $99,444

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$1,060,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,060,000 amortized at 6.7% over 30 years = $6,812/mo

CapEx reserve (5.0% of GSR)$648$7,771
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$99,444
Annual debt service derived$81,742
Annual CapEx reserve assumption$7,771
Annual PMI assumption$0

($99,444 − $81,742 − $7,771 − $0) ÷ 12 = $828

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$99,444
Purchase price data$1,325,000

$99,444 ÷ $1,325,000 = 7.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$9,930
Total cash to close derived$331,250

$9,930 ÷ $331,250 = 3.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$99,444
Annual debt service derived$81,742

$99,444 ÷ $81,742 = 1.22

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$155,424
Purchase price data$1,325,000

($155,424 ÷ 12) ÷ $1,325,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,325,000
Gross scheduled rent (annual) comp$155,424

$1,325,000 ÷ $155,424 = 8.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$43,546
Effective gross income derived$142,990

$43,546 ÷ $142,990 = 30.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$43,546
Annual debt service derived$81,742
Annual PMI assumption$0
Gross scheduled rent (annual) comp$155,424

($43,546 + $81,742 + $0) ÷ $155,424 = 80.6%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
315 SW 10th Avemulti_family1,938$880,0002026-09-01
311 SW 10th Avemulti_family1,945$440,0002026-09-01
443 SW 4th Avemulti_family3,240$1,310,0002026-08-10
990 SW 9th Stmulti_family2,258$800,0002026-07-22
516 SW 7th Ctmulti_family3,400$1,051,0002026-06-29
1050 SW 10th Stmulti_family2,408$625,0002026-06-18
829 SW 3rd Stmulti_family823,276$675,0002026-04-22
959 SW 6th Stmulti_family3,094$1,150,0002026-03-19
945 SW 4th Stmulti_family1264,284$1,450,0002026-03-02
152 SW 9th Stmulti_family1485,491$113,6002025-12-31
763 SW 5th St Apt 202multi_family17910,568$2,800,0002025-12-26
1068 SW 2nd Stmulti_family1,250$675,0002025-12-18
527 SW 7th Ctmulti_family5,249$1,555,0002025-11-25
720 SW 5th Stmulti_family5,249$1,550,0002025-11-25
461 SW 9th Stmulti_family552,945$1,500,0002025-11-13
700 SW 4th Stmulti_family1264,550$1,400,0002025-10-20
519 SW 5th Avemulti_family12128,049$2,850,0002025-10-16
434 SW 6th Stmulti_family1265,052$2,180,0002025-09-24
1150 SW 9th Stmulti_family421,922$680,0002025-09-09
900 SW 5th Avemulti_family2,446$1,255,0002025-09-08

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.

No other cached listings nearby for this bedroom count yet.

10-year hold projection

IRR13.5%
Equity multiple3.07x
Total return (10yr)$860,356
YearProperty valueNOICash flowLoan balanceEquity
1$1,364,750$99,444$9,930$1,048,507$316,243
2$1,405,693$102,645$12,937$1,036,225$369,467
3$1,447,863$105,947$16,041$1,023,100$424,764
4$1,491,299$109,355$19,244$1,009,073$482,226
5$1,536,038$112,870$22,550$994,083$541,955
6$1,582,119$116,496$25,962$978,063$604,056
7$1,629,583$120,237$29,483$960,944$668,639
8$1,678,470$124,097$33,117$942,649$735,822
9$1,728,824$128,079$36,868$923,097$805,727
10$1,780,689$132,186$40,739$902,203$878,486
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.