14970 SW 9th Ter
Miami, FL 33194 · townhomes · Pending — under contract · 77 days on market
Asking price$519,000
3 beds 3 baths 1,775 sqft
Listed by Walter H Vivancos · Epic Choice Realty
Typetownhomes
Built2004
Price / sqft$292
Est. value (Zillow ZIP avg)$790,000
Rent estimate (own analysis)$3,200/mo
HOA$196/mo
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Statusfor_sale
Listed date2026-06-18
Removed date—
MLSMiamiMLS #A12039198
Coordinates25.75869, -80.43817
Address14970 SW 9th Ter
CityMiami
StateFL
Zip33194
Listing ID6341505641
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33194)
Median sale price$790,000
Median days on market (sale)42
Active sale listings20
Median rent$3,500/mo
Median days on market (rent)24
Active rental listings23
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33194 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $519,000 |
| Down payment (20.0%) | $103,800 |
| Loan amount | $415,200 |
| Closing costs (5.0%) | $25,950 |
| Total cash to close | $129,750 |
| Income | |
| Rent (comp-derived) | $3,200$38,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,944$35,328 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $822$9,861 |
| Insurance (placeholder 0.8% of price) | $346$4,152 |
| HOA dues | $196$2,352 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $160$1,920 |
| Total operating expenses | $1,524$18,285 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $160$1,920 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,900 | $3,500 | 2026-08-10 | — | |
| townhomes | 3 | 3 | 1,812 | $3,350 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,775 | $3,100 | 2026-07-20 | — | |
| townhomes | 3 | 3 | 1,476 | $2,950 | 2026-07-12 | — | |
| townhomes | 3 | 3 | 1,777 | $3,200 | 2026-07-11 | — | |
| townhomes | 3 | 3 | 1,608 | $3,100 | 2026-07-10 | — | |
| townhomes | 3 | 2 | 1,608 | $3,350 | 2026-06-01 | — | |
| townhomes | 3 | 3 | 1,777 | $3,695 | 2026-08-22 | — | |
| townhomes | 3 | 3 | 1,775 | $3,100 | 2026-09-01 | — |
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.
No recent recorded sales cached yet for this ZIP.
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 14946 SW 9th Way | townhomes | 3 | 3 | 1,899 | $540,000 | — |
| 15375 SW 9th Way | townhomes | 3 | 3 | 1,476 | $625,000 | — |
| 15125 SW 12th Ter | single_family | 3 | 3 | 2,039 | $739,900 | — |
| 15490 SW 10th St | single_family | 3 | 2 | 1,681 | $725,000 | — |
| 14964 SW 8th Ln | townhomes | 3 | 3 | 1,775 | $499,999 | — |
| 15064 SW 8th Ln | townhomes | 3 | 3 | 1,775 | $530,000 | — |
10-year hold projection
IRR1.5%
Equity multiple1.24x
Total return (10yr)$98,750
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $534,570 | $17,043 | -$16,895 | $410,698 | $123,872 |
| 2 | $550,607 | $17,646 | -$16,341 | $405,887 | $144,720 |
| 3 | $567,125 | $18,269 | -$15,767 | $400,746 | $166,379 |
| 4 | $584,139 | $18,913 | -$15,173 | $395,252 | $188,887 |
| 5 | $601,663 | $19,579 | -$14,559 | $389,380 | $212,283 |
| 6 | $619,713 | $20,267 | -$13,924 | $383,106 | $236,608 |
| 7 | $638,305 | $20,978 | -$13,266 | $376,400 | $261,905 |
| 8 | $657,454 | $21,714 | -$12,587 | $369,234 | $288,220 |
| 9 | $677,177 | $22,474 | -$11,884 | $361,575 | $315,602 |
| 10 | $697,493 | $23,260 | -$11,157 | $353,391 | $344,101 |
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.