19050 SW 194th Ave

Miami, FL 33187 · single_family · For Sale · 124 days on market
Asking price$5,900,000
4 beds 3 baths 6,667 sqft
Suggested offer$2,463,657$3,436,343 above the est. market value of $2,463,657.
View on Realtor.com →
Listed by Vicente Rodriguez · Fausto Commercial Realty Consultants Inc
Typesingle_family
Built1997
Price / sqft$885
Est. value (own analysis)$2,463,657
Rent estimate (own analysis)$4,175/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeWildfire5/10MajorFlood3/10moderate$Air2/10Minor
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Neighborhood

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Statusfor_sale
Listed date2026-05-01
Removed date
MLSMiamiMLS #A12011342
Coordinates25.58771, -80.50750
Address19050 SW 194th Ave
CityMiami
StateFL
Zip33187
Listing ID6262234592
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$5,900,000
Down payment (20.0%)$1,180,000
Loan amount$4,720,000
Closing costs (5.0%)$295,000
Total cash to close$1,475,000
Rent (comp-derived)$4,175$50,100
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$50,100
Vacancy rate (assumption) assumption8.0%

$50,100 × 8.0% = $4,008

Effective gross income$3,841$46,092
Property tax (placeholder 1.9% of price)$9,342$112,100
Insurance (est. scaled by flood & wind risk)$6,293$75,520
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$209$2,505
Total operating expenses$15,844$190,125
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$46,092
Total operating expenses derived$190,125

$46,092 − $190,125 = -$144,033

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$4,720,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$4,720,000 amortized at 6.7% over 30 years = $30,332/mo

CapEx reserve (5.0% of GSR)$209$2,505
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-$144,033
Annual debt service derived$363,984
Annual CapEx reserve assumption$2,505
Annual PMI assumption$0

(-$144,033 − $363,984 − $2,505 − $0) ÷ 12 = -$42,543

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$144,033
Purchase price data$5,900,000

-$144,033 ÷ $5,900,000 = -2.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$510,522
Total cash to close derived$1,475,000

-$510,522 ÷ $1,475,000 = -34.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$144,033
Annual debt service derived$363,984

-$144,033 ÷ $363,984 = -0.40

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$50,100
Purchase price data$5,900,000

($50,100 ÷ 12) ÷ $5,900,000 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$5,900,000
Gross scheduled rent (annual) comp$50,100

$5,900,000 ÷ $50,100 = 117.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$190,125
Effective gross income derived$46,092

$190,125 ÷ $46,092 = 412.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$190,125
Annual debt service derived$363,984
Annual PMI assumption$0
Gross scheduled rent (annual) comp$50,100

($190,125 + $363,984 + $0) ÷ $50,100 = 1106.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,630$5,9002026-08-21
single_family422,070$4,1502026-08-16
single_family421,340$3,9002026-07-03
single_family423,058$4,5002026-06-25
single_family432,630$5,9002026-06-25
single_family431,892$2,915
single_family432,522$3,780
single_family422,026$4,2002026-08-25
single_family422,341$3,900
single_family433,948$7,4002026-08-31

21375 SW 177th Ct # 33187

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,630
Listed2026-08-21
Days on market

Asking rent: $5,900

View on Zillow →

14842 SW 171st Ter

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,070
Listed2026-08-16
Days on market

Asking rent: $4,150

View on Zillow →

17833 SW 155th Ct Unit 0

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,340
Listed2026-07-03
Days on market

Asking rent: $3,900

View on Zillow →

18370 SW 212th St

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage3,058
Listed2026-06-25
Days on market

Asking rent: $4,500

View on Zillow →

21365 SW 177th Ct

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,630
Listed2026-06-25
Days on market

Asking rent: $5,900

View on Zillow →

18118 SW 154th Ct

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,892
Listed
Days on market

Asking rent: $2,915

View on Zillow →

17111 SW 153rd Pl

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,522
Listed
Days on market

Asking rent: $3,780

View on Zillow →

15660 SW 152nd Pl

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,026
Listed2026-08-25
Days on market

Asking rent: $4,200

View on Zillow →

14865 SW 166th St

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,341
Listed
Days on market

Asking rent: $3,900

View on Zillow →

16200 SW 173rd Ave Unit 1

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,948
Listed2026-08-31
Days on market

Asking rent: $7,400

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
18280 SW 202nd Stsingle_family435,310$1,275,0002026-08-31
15102 SW 177th Tersingle_family442,612$720,0002026-08-19
17766 SW 154th Plsingle_family421,627$615,0002026-08-10
15530 SW 155th Avesingle_family422,667$850,0002026-07-30
20520 SW 190th Stsingle_family433,540$1,400,0002026-07-20
14802 SW 176th Tersingle_family421,723$776,0002026-07-20
19155 SW 190th Stsingle_family421,899$650,0002026-07-15
18163 SW 149th Plsingle_family442,342$799,0002026-07-14
16101 SW 153rd Avesingle_family432,396$787,0002026-07-14
15296 SW 168th Stsingle_family432,107$945,0002026-07-09
15523 SW 171st Stsingle_family432,166$710,0002026-06-30
14856 SW 174th Stsingle_family421,522$645,0002026-06-26
18895 SW 212th Stsingle_family441,264$950,0002026-06-26
19530 SW 210th Stsingle_family432,111$950,0002026-06-16
14721 SW 170th Tersingle_family421,753$760,0002026-06-05
15299 SW 167th Stsingle_family422,592$1,000,0002026-06-04
17113 SW 215th Tersingle_family432,805$984,0002026-05-30
15519 SW 182nd Lnsingle_family431,765$730,0002026-05-19
15182 SW 171st Stsingle_family432,001$699,0002026-05-18
15382 SW 153rd Stsingle_family421,898$839,0002026-05-18
21551 SW 187th Avesingle_family421,834$950,0002026-04-29
15235 SW 152nd Ctsingle_family422,338$849,9752026-04-29
14833 SW 164th Tersingle_family422,341$900,0002026-04-28
17475 SW 153rd Avesingle_family433,090$890,0002026-04-22
15322 SW 177th Tersingle_family421,647$665,0002026-04-17
16925 SW 170th Avesingle_family454,870$1,450,0002026-04-17
16122 SW 148th Avesingle_family432,324$740,0002026-04-15
15460 SW 176th Lnsingle_family432,265$620,0002026-04-06
15286 SW 178th Tersingle_family421,817$610,0002026-04-06
15845 SW 153rd Avesingle_family432,512$975,0002026-04-06
15280 SW 153rd Stsingle_family422,067$820,0002026-04-01
15151 SW 166th Stsingle_family422,881$862,0002026-03-27
18128 SW 151st Avesingle_family421,786$632,0002026-03-27
16141 SW 156th Avesingle_family432,576$950,0002026-03-26
19225 SW 186th Stsingle_family432,434$1,200,0002026-03-19
17023 SW 149th Plsingle_family422,055$679,0002026-03-18
18110 SW 153rd Ctsingle_family431,850$685,0002026-03-16
15151 SW 164th Tersingle_family422,592$1,250,0002026-03-11
19790 SW 208th Stsingle_family442,593$1,185,0002026-03-06
18263 SW 149th Plsingle_family431,987$749,0002026-03-05
15265 SW 173rd Stsingle_family432,265$750,0002026-03-03
18203 SW 152nd Plsingle_family432,382$750,0002026-02-17
17870 SW 155th Ctsingle_family421,760$660,0002026-02-09
15263 SW 162nd Stsingle_family432,774$885,0002026-02-06
20230 SW 184th Stsingle_family441,980$1,100,0002026-01-26
15305 SW 173rd Stsingle_family432,265$700,0002026-01-23
16934 SW 215th Tersingle_family432,468$910,0002026-01-09
16137 SW 155th Avesingle_family432,416$900,0002026-01-07
14789 SW 176th Stsingle_family421,535$665,0002025-12-30
15333 SW 184th Stsingle_family421,952$712,0002025-12-29

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
15012 SW 177th Tersingle_family442,393$755,990
15735 SW 153rd Avesingle_family422,976$799,990
single_family443,439$1,100,000
19601 SW 187th Avesingle_family432,630$1,000,000
18390 SW 200th Stsingle_family453,367$2,150,000
19690 SW 210th Stsingle_family442,563$1,799,000
14843 SW 152nd Tersingle_family421,499$695,000
17670 SW 154th Plsingle_family443,090$819,900

10-year hold projection

IRR-13.0%
Equity multiple-1.24x
Total return (10yr)-$2,537,809
YearProperty valueNOICash flowLoan balanceEquity
1$6,077,000-$144,033-$510,522$4,668,825$1,408,175
2$6,259,310-$147,403-$513,955$4,614,135$1,645,175
3$6,447,089-$150,851-$517,467$4,555,690$1,891,399
4$6,640,502-$154,378-$521,059$4,493,231$2,147,271
5$6,839,717-$157,985-$524,734$4,426,484$2,413,233
6$7,044,909-$161,676-$528,494$4,355,152$2,689,756
7$7,256,256-$165,450-$532,339$4,278,923$2,977,333
8$7,473,943-$169,312-$536,273$4,197,458$3,276,485
9$7,698,162-$173,261-$540,297$4,110,399$3,587,762
10$7,929,107-$177,300-$544,413$4,017,362$3,911,744
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.