11570 SW 5th St

Sweetwater, FL 33174 · single_family · Pending — under contract · 292 days on market
Asking price$499,500
3 beds 2 baths 1,401 sqft
View on Realtor.com →
Listed by MARGEND PALACIOS P.A. · Sellstate Powerhouse Real Estate Group
Typesingle_family
Built1981
Price / sqft$357
Est. value (own analysis)$594,486
Rent estimate (own analysis)$3,700/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-11-14
Removed date
MLSMiamiMLS #A11913979
Coordinates25.76392, -80.38448
Address11570 SW 5th St
CitySweetwater
StateFL
Zip33174
Listing ID6358882117
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33174)

Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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$499,500
Down payment (20.0%)$99,900
Loan amount$399,600
Closing costs (5.0%)$24,975
Total cash to close$124,875
Rent (comp-derived)$3,700$44,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$44,400
Vacancy rate (assumption) assumption8.0%

$44,400 × 8.0% = $3,552

Effective gross income$3,404$40,848
Property tax (placeholder 1.9% of price)$791$9,491
Insurance (placeholder 0.8% of price)$333$3,996
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$185$2,220
Total operating expenses$1,309$15,707
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,848
Total operating expenses derived$15,707

$40,848 − $15,707 = $25,142

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$399,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$399,600 amortized at 6.7% over 30 years = $2,568/mo

CapEx reserve (5.0% of GSR)$185$2,220
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$25,142
Annual debt service derived$30,815
Annual CapEx reserve assumption$2,220
Annual PMI assumption$0

($25,142 − $30,815 − $2,220 − $0) ÷ 12 = -$658

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,142
Purchase price data$499,500

$25,142 ÷ $499,500 = 5.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$7,894
Total cash to close derived$124,875

-$7,894 ÷ $124,875 = -6.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,142
Annual debt service derived$30,815

$25,142 ÷ $30,815 = 0.82

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$44,400
Purchase price data$499,500

($44,400 ÷ 12) ÷ $499,500 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$499,500
Gross scheduled rent (annual) comp$44,400

$499,500 ÷ $44,400 = 11.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,707
Effective gross income derived$40,848

$15,707 ÷ $40,848 = 38.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,707
Annual debt service derived$30,815
Annual PMI assumption$0
Gross scheduled rent (annual) comp$44,400

($15,707 + $30,815 + $0) ÷ $44,400 = 104.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,350$3,2002026-08-19
single_family321,861$3,9002026-08-15
single_family321,200$3,5002026-07-20
single_family321,812$4,000
single_family321,372$4,5002026-07-01
single_family321,372$4,0002026-04-28
single_family321,242$3,500
single_family331,250$3,200

435 SW 95th Ct Unit 1

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,350
Listed2026-08-19
Days on market

Asking rent: $3,200

View on Zillow →

9031 SW 11th St

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,861
Listed2026-08-15
Days on market

Asking rent: $3,900

View on Zillow →

617 SW 96th Ct Unit 1

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-07-20
Days on market

Asking rent: $3,500

View on Zillow →

1030 SW 96th Ave # 1030

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,812
Listed
Days on market

Asking rent: $4,000

View on Zillow →

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,372
Listed2026-07-01
Days on market

Asking rent: $4,500

View on Zillow →

8871 SW 6th St

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,372
Listed2026-04-28
Days on market

Asking rent: $4,000

View on Zillow →

13 SW 97th Pl

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,242
Listed
Days on market

Asking rent: $3,500

View on Zillow →

135 SW 114th Ave

Miami, 33174 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,250
Listed
Days on market

Asking rent: $3,200

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
430 SW 100th Avesingle_family321,400$780,0002026-08-21
330 SW 104th Ctsingle_family331,686$730,0002026-08-12
9851 SW 12th Tersingle_family332,047$650,0002026-08-07
8932 SW 10th Tersingle_family321,984$850,0002026-08-06
9261 SW 11th Stsingle_family321,606$550,0002026-07-30
11441 SW 5th Stsingle_family321,101$400,0002026-07-27
9013 SW 8th Tersingle_family321,224$540,0002026-07-24
1035 SW 100th Ctsingle_family322,040$725,0002026-07-20
11221 SW 7th Tersingle_family321,118$540,0002026-07-16
8940 SW 4th Tersingle_family321,372$680,0002026-07-14
1215 SW 94th Ctsingle_family321,486$565,0002026-07-08
9224 Grand Canal Drsingle_family321,927$760,0002026-06-30
11507 SW 6th Stsingle_family321,108$500,0002026-06-16
8981 SW 5th Lnsingle_family321,686$800,0002026-06-02
9620 SW 9th Tersingle_family321,364$820,0002026-06-01
602 SW 99th Plsingle_family321,420$455,0002026-05-29
11564 SW 7th Stsingle_family321,173$525,0002026-05-22
9961 SW 13th Tersingle_family322,002$572,0002026-05-13
733 SW 99th Court Cirsingle_family321,420$660,0002026-05-12
30 SW 116th Avesingle_family321,505$310,0002026-05-11
9814 SW 4th Tersingle_family321,733$750,0002026-05-08
1101 SW 92nd Avesingle_family321,962$540,0002026-04-22
561 SW 87th Ctsingle_family321,372$665,0002026-04-20
10121 SW 4th Stsingle_family321,688$670,0002026-04-14
1401 SW 94th Avesingle_family321,217$700,0002026-04-07
10590 SW 7th Tersingle_family331,743$660,0002026-04-03
530 SW 101st Ctsingle_family322,020$540,0002026-03-19
9981 SW 15th Tersingle_family321,336$660,0002026-03-18
765 SW 101st Court Cirsingle_family321,420$620,0002026-03-11
9471 SW 12th Stsingle_family322,301$687,5002026-03-09
10739 SW 7th Stsingle_family31819$500,0002026-02-25
975 SW 89th Avesingle_family331,007$600,0002026-02-09
11510 SW 7th Stsingle_family321,108$485,0002026-02-05
1172 SW 102nd Ctsingle_family321,631$720,0002026-01-30
9744 SW 4th Tersingle_family322,049$725,0002026-01-07
1001 SW 88th Ctsingle_family321,185$570,0002026-01-02
1311 SW 102nd Ctsingle_family332,009$710,0002025-12-31
1131 SW 102nd Ctsingle_family321,337$300,0002025-12-23
11561 SW 6th Stsingle_family321,173$489,9002025-12-05
11542 SW 5th Stsingle_family321,101$535,0002025-11-24
11339 SW 6th Stsingle_family321,670$475,0002025-11-07
9857 SW 7th Stsingle_family321,736$660,0002025-11-05
973 SW 88th Avesingle_family321,309$600,0002025-10-24
9837 SW 7th Stsingle_family321,736$625,0002025-10-23
8914 SW 5th Lnsingle_family321,277$599,0002025-10-22
1145 SW 96th Avesingle_family321,756$675,0002025-10-17
741 SW 99th Court Cirsingle_family331,736$725,0002025-10-16
11525 SW 6th Stsingle_family321,173$520,0002025-10-08
5700507860single_family321,236$300,0002025-10-03
9034 SW 6th Stsingle_family321,487$624,9002025-10-01

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
8912 W Flagler St Apt 111condos321,260$400,000
8964 W Flagler St Apt 107condos321,260$423,000
9618 SW 3rd Ln Unit 18townhomes321,350$530,000
11120 SW 2nd Stsingle_family31864$679,000
8826 W Flagler St Apt 115condos321,260$416,000
8986 W Flagler St Apt 6townhomes331,426$395,000
11559 SW 7th Stsingle_family331,392$580,000
509 SW 87th Plsingle_family321,408$649,900

10-year hold projection

IRR6.3%
Equity multiple2.00x
Total return (10yr)$190,559
YearProperty valueNOICash flowLoan balanceEquity
1$514,485$25,142-$7,894$395,267$119,218
2$529,920$25,974-$7,117$390,637$139,282
3$545,817$26,834-$6,314$385,689$160,128
4$562,192$27,722-$5,484$380,401$181,790
5$579,057$28,638-$4,628$374,750$204,307
6$596,429$29,584-$3,743$368,711$227,718
7$614,322$30,560-$2,830$362,258$252,064
8$632,752$31,568-$1,886$355,361$277,391
9$651,734$32,608-$912$347,990$303,744
10$671,286$33,682$94$340,114$331,173
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.