8560 SW 85th Ave

Miami, FL 33143 · single_family · Pending — under contract · 22 days on market
Asking price$1,250,000
5 beds 3 baths 2,996 sqft
View on Realtor.com →
Listed by Daniel Guerrero · Precision Real Estate Group
Typesingle_family
Built1971
Price / sqft$417
Est. value (own analysis)$2,809,908
Rent estimate (own analysis)$13,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-11
Removed date
MLSMiamiMLS #A12069261
Coordinates25.68968, -80.33177
Address8560 SW 85th Ave
CityMiami
StateFL
Zip33143
Listing ID6284826466
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33143)

Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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$1,250,000
Down payment (20.0%)$250,000
Loan amount$1,000,000
Closing costs (5.0%)$62,500
Total cash to close$312,500
Rent (comp-derived)$13,950$167,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$167,400
Vacancy rate (assumption) assumption8.0%

$167,400 × 8.0% = $13,392

Effective gross income$12,834$154,008
Property tax (placeholder 1.9% of price)$1,979$23,750
Insurance (placeholder 0.8% of price)$833$10,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$698$8,370
Total operating expenses$3,510$42,120
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$154,008
Total operating expenses derived$42,120

$154,008 − $42,120 = $111,888

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

$1,000,000 amortized at 6.7% over 30 years = $6,426/mo

CapEx reserve (5.0% of GSR)$698$8,370
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$111,888
Annual debt service derived$77,115
Annual CapEx reserve assumption$8,370
Annual PMI assumption$0

($111,888 − $77,115 − $8,370 − $0) ÷ 12 = $2,200

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$111,888
Purchase price data$1,250,000

$111,888 ÷ $1,250,000 = 9.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$26,403
Total cash to close derived$312,500

$26,403 ÷ $312,500 = 8.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$111,888
Annual debt service derived$77,115

$111,888 ÷ $77,115 = 1.45

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$167,400
Purchase price data$1,250,000

($167,400 ÷ 12) ÷ $1,250,000 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,250,000
Gross scheduled rent (annual) comp$167,400

$1,250,000 ÷ $167,400 = 7.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$42,120
Effective gross income derived$154,008

$42,120 ÷ $154,008 = 27.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$42,120
Annual debt service derived$77,115
Annual PMI assumption$0
Gross scheduled rent (annual) comp$167,400

($42,120 + $77,115 + $0) ÷ $167,400 = 71.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family573,782$19,0002026-07-23
single_family522,597$13,5002026-06-25
single_family543,518$13,9502026-06-17
single_family553,696$8,2502026-06-05
single_family553,029$11,9002026-05-12
single_family543,729$25,0002026-05-15
single_family543,483$15,000

5000 SW 73rd Ter

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage3,782
Listed2026-07-23
Days on market

Asking rent: $19,000

View on Zillow →

8480 SW 66th St Unit 0

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage2,597
Listed2026-06-25
Days on market

Asking rent: $13,500

View on Zillow →

7300 SW 77th Ave

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,518
Listed2026-06-17
Days on market

Asking rent: $13,950

View on Zillow →

7705 SW 66th St Unit 0

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,696
Listed2026-06-05
Days on market

Asking rent: $8,250

View on Zillow →

721 Saldano Ave Unit 0

Coral Gables, 33143 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,029
Listed2026-05-12
Days on market

Asking rent: $11,900

View on Zillow →

7230 Vistalmar St

Coral Gables, 33143 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,729
Listed2026-05-15
Days on market

Asking rent: $25,000

View on Zillow →

5750 SW 67th Ave

South Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,483
Listed
Days on market

Asking rent: $15,000

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
6760 SW 62nd Tersingle_family532,764$1,395,0002026-08-24
5831740839single_family565,053$8,920,0002026-07-28
8000 Los Pinos Blvdsingle_family566,938$6,300,0002026-07-28
5890 SW 82nd Stsingle_family564,258$5,750,0002026-07-22
741 Tibidabo Avesingle_family532,833$3,630,0002026-07-13
7901 SW 72nd Avesingle_family512,500$2,000,0002026-07-01
7440 SW 54th Ctsingle_family532,634$2,650,0002026-06-23
5950 SW 83rd Stsingle_family544,202$4,850,0002026-06-18
5835 SW 81st Stsingle_family564,304$5,000,0002026-06-18
279 Galeon Ctsingle_family553,583$5,600,0002026-06-05
5975 SW 62nd Stsingle_family57$2,675,0002026-05-29
1161 Sunset Drsingle_family542,649$2,395,0002026-05-28
7461 SW 58th Stsingle_family532,297$950,0002026-05-28
200 Casuarina Concoursesingle_family5410,196$25,365,3002026-05-22
5345 SW 84th Stsingle_family533,708$5,500,0002026-04-21
5033854265single_family574,069$4,575,0002026-03-31
4763 SW 82nd Stsingle_family555,977$12,230,0002026-03-23
7701 SW 50th Ctsingle_family543,565$4,550,0002026-03-23
7945 Sunset Drsingle_family564,177$3,050,0002026-03-16
7821 SW 54th Ctsingle_family574,306$4,100,0002026-03-13
7250 SW 47th Avesingle_family553,703$3,200,0002026-03-13
7720 SW 79th Ctsingle_family553,549$2,787,0002026-03-09
6781 SW 75th Tersingle_family574,335$4,000,0002026-02-27
5928 SW 69th Avesingle_family554,029$3,250,0002026-01-30
7950 SW 54th Avesingle_family553,848$3,450,0002026-01-26
8501 SW 68th Street Rdsingle_family565,183$2,450,0002026-01-20
7110 SW 82nd Avesingle_family555,006$4,400,0002026-01-15
7400 SW 47th Ctsingle_family544,535$6,900,0002026-01-12
7575 SW 54th Avesingle_family565,730$5,600,0002025-12-12
7301 SW 58th Stsingle_family533,305$1,500,0002025-12-08
5776 SW 77th Tersingle_family553,719$3,488,0002025-12-01
8501 SW 72nd Tersingle_family533,209$1,600,0002025-11-18

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
7101 SW 60th Stsingle_family553,673$4,000,000
7550 SW 74th Stsingle_family564,549$3,250,000
6415 SW 83rd Stsingle_family565,105$5,250,000
7851 SW 48th Plsingle_family563,461$5,500,000
6200 SW 83rd Avesingle_family575,024$4,995,000
7700 SW 53rd Ctsingle_family564,956$5,299,000
7220 SW 69th Ctsingle_family532,902$1,640,000
7495 SW 73rd Tersingle_family532,221$1,698,000

10-year hold projection

IRR17.8%
Equity multiple3.70x
Total return (10yr)$1,007,478
YearProperty valueNOICash flowLoan balanceEquity
1$1,287,500$111,888$26,403$989,158$298,342
2$1,326,125$115,455$29,761$977,571$348,554
3$1,365,909$119,135$33,226$965,189$400,720
4$1,406,886$122,930$36,801$951,956$454,930
5$1,449,093$126,845$40,491$937,814$511,278
6$1,492,565$130,883$44,297$922,702$569,864
7$1,537,342$135,047$48,225$906,551$630,791
8$1,583,463$139,343$52,278$889,292$694,171
9$1,630,966$143,774$56,460$870,847$760,119
10$1,679,895$148,343$60,775$851,136$828,760
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.