100 SW 110th Ave Apt 142

Sweetwater, FL 33174 · townhomes · For Sale · 112 days on market
Asking price$324,000
2 beds 3 baths 1,091 sqft
View on Realtor.com →
Listed by Danielle Arnold · LPT Realty
Typetownhomes
Built1984
Price / sqft$297
Est. value (own analysis)$363,667
Rent estimate (own analysis)$2,600/mo
HOA$345/mo
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Neighborhood

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Statusfor_sale
Listed date2026-05-13
Removed date
MLSMiamiMLS #A12018353
Coordinates25.76705, -80.37546
Address100 SW 110th Ave Apt 142
CitySweetwater
StateFL
Zip33174
Listing ID6384148426
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$324,000
Down payment (20.0%)$64,800
Loan amount$259,200
Closing costs (5.0%)$16,200
Total cash to close$81,000
Rent (comp-derived)$2,600$31,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,200
Vacancy rate (assumption) assumption8.0%

$31,200 × 8.0% = $2,496

Effective gross income$2,392$28,704
Property tax (placeholder 1.9% of price)$513$6,156
Insurance (placeholder 0.8% of price)$216$2,592
HOA dues$345$4,140
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$130$1,560
Total operating expenses$1,204$14,448
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,704
Total operating expenses derived$14,448

$28,704 − $14,448 = $14,256

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$259,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$259,200 amortized at 6.7% over 30 years = $1,666/mo

CapEx reserve (5.0% of GSR)$130$1,560
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$14,256
Annual debt service derived$19,988
Annual CapEx reserve assumption$1,560
Annual PMI assumption$0

($14,256 − $19,988 − $1,560 − $0) ÷ 12 = -$608

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,256
Purchase price data$324,000

$14,256 ÷ $324,000 = 4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$7,292
Total cash to close derived$81,000

-$7,292 ÷ $81,000 = -9.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,256
Annual debt service derived$19,988

$14,256 ÷ $19,988 = 0.71

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,200
Purchase price data$324,000

($31,200 ÷ 12) ÷ $324,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$324,000
Gross scheduled rent (annual) comp$31,200

$324,000 ÷ $31,200 = 10.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$14,448
Effective gross income derived$28,704

$14,448 ÷ $28,704 = 50.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$14,448
Annual debt service derived$19,988
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,200

($14,448 + $19,988 + $0) ÷ $31,200 = 110.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes22764$2,3002026-08-11
townhomes231,261$2,6502026-07-06
townhomes22764$2,2502026-07-03
townhomes231,261$3,0902026-05-21
townhomes231,206$2,6002026-01-20

21 SW 109th Ave Apt B5

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage764
Listed2026-08-11
Days on market

Asking rent: $2,300

View on Zillow →

8810 W Flagler St Apt 11

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,261
Listed2026-07-06
Days on market

Asking rent: $2,650

View on Zillow →

20 SW 108th Ave Apt F4

Sweetwater, 33174 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage764
Listed2026-07-03
Days on market

Asking rent: $2,250

View on Zillow →

8960 W Flagler St Apt 3

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,261
Listed2026-05-21
Days on market

Asking rent: $3,090

View on Zillow →

8858 W Flagler St Apt 208

Miami, 33174 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,206
Listed2026-01-20
Days on market

Asking rent: $2,600

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
9000 W Flagler St Apt 7townhomes231,261$385,0002026-06-30
120 SW 109th Ave Apt 18townhomes231,150$410,0002026-04-16
550 SW 115th Ave Unit 807Dtownhomes22825$275,0002026-03-11

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
9320 W Flagler St Unit 201Dcondos21840$259,900
9411 SW 4th St Apt 202condos221,086$289,000
9370 W Flagler St Unit 204Bcondos21777$249,500
10851 SW 6th St Unit 5condos231,096$329,000
165 SW 113th Ctsingle_family221,062$519,900
401 SW 109th Ave Apt 23condos221,120$339,900
9340 W Flagler St Unit 104Bcondos21777$350,000
10851 SW 2nd St Apt K105condos21720$275,000

10-year hold projection

IRR4.4%
Equity multiple1.71x
Total return (10yr)$99,847
YearProperty valueNOICash flowLoan balanceEquity
1$333,720$14,256-$7,292$256,390$77,330
2$343,732$14,756-$6,831$253,386$90,345
3$354,044$15,273-$6,355$250,177$103,867
4$364,665$15,807-$5,862$246,747$117,918
5$375,605$16,359-$5,352$243,081$132,523
6$386,873$16,929-$4,824$239,164$147,709
7$398,479$17,519-$4,279$234,978$163,501
8$410,434$18,128-$3,714$230,504$179,929
9$422,747$18,758-$3,131$225,723$197,023
10$435,429$19,409-$2,528$220,614$214,815
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.