7803 SW 102nd Ln
Miami, FL 33156 · townhomes · For Sale · 13 days on market
Asking price$490,999
2 beds 2 baths 1,152 sqft
Suggested offer$404,951$86,048 above the est. market value of $404,951.
View on Realtor.com →Listed by Anne Liliam Mejias Ajo · Miami New Realty
Typetownhomes
Built1991
Price / sqft$426
Est. value (own analysis)$404,951
Rent estimate (own analysis)$2,850/mo
HOA$665/mo
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Statusfor_sale
Listed date2026-08-20
Removed date—
MLSMiamiMLS #A12074014
Coordinates25.67557, -80.32161
Address7803 SW 102nd Ln
CityMiami
StateFL
Zip33156
Listing ID6414090648
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33156)
Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $490,999 |
| Down payment (20.0%) | $98,200 |
| Loan amount | $392,799 |
| Closing costs (5.0%) | $24,550 |
| Total cash to close | $122,750 |
| Income | |
| Rent (comp-derived) | $2,850$34,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,622$31,464 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $777$9,329 |
| Insurance (placeholder 0.8% of price) | $327$3,928 |
| HOA dues | $665$7,980 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $143$1,710 |
| Total operating expenses | $1,912$22,947 |
| 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) | $143$1,710 |
| 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 | 2 | 2 | 1,152 | $2,900 | 2026-08-18 | — | |
| townhomes | 2 | 3 | 1,152 | $2,850 | 2026-08-13 | — | |
| townhomes | 2 | 2 | 1,152 | $2,700 | 2026-08-13 | — | |
| townhomes | 2 | 2 | 1,160 | $2,600 | 2026-06-08 | — | |
| townhomes | 2 | 3 | 1,152 | $2,950 | 2026-05-26 | — | |
| townhomes | 2 | 2 | 915 | $3,050 | — | — | |
| townhomes | 2 | 2 | 970 | $2,500 | 2026-04-10 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 10035 SW 77th Ct | townhomes | 2 | 2 | 1,152 | $390,000 | 2026-08-14 |
| 7812 SW 102nd Ln | townhomes | 2 | 2 | 1,152 | $419,900 | 2026-07-10 |
| 10206 SW 77th Ct | townhomes | 2 | 1 | 1,152 | $420,000 | 2026-07-08 |
| 10170 SW 77th Ct | townhomes | 2 | 2 | 1,152 | $385,000 | 2026-06-01 |
| 10053 SW 77th Ct | townhomes | 2 | 3 | 1,152 | $480,000 | 2026-05-13 |
| 7820 SW 102nd Ln | townhomes | 2 | 2 | 1,152 | $385,000 | 2026-04-29 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 7355 SW 89th St Apt 501N | condos | 2 | 2 | 1,168 | $420,000 | — |
| 9055 SW 73rd Ct Apt 2007 | condos | 2 | 2 | 1,150 | $449,000 | — |
| 7762 SW 99th St | condos | 2 | 2 | 915 | $470,000 | — |
| 8475 SW 94th St Apt 224E | condos | 2 | 1 | 866 | $269,900 | — |
| 7355 SW 89th St Apt 427N | condos | 2 | 1 | 1,066 | $400,000 | — |
| 9066 SW 73rd Ct Apt 1007 | condos | 2 | 2 | 1,150 | $449,900 | — |
| 9066 SW 73rd Ct Apt 1509 | condos | 2 | 2 | 1,467 | $549,900 | — |
| 7701 SW 88th St Unit B330 | condos | 2 | 1 | 861 | $269,000 | — |
10-year hold projection
IRR-2.7%
Equity multiple0.55x
Total return (10yr)$8,886
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $505,729 | $8,517 | -$23,484 | $388,540 | $117,189 |
| 2 | $520,901 | $8,887 | -$23,156 | $383,989 | $136,912 |
| 3 | $536,528 | $9,272 | -$22,816 | $379,125 | $157,402 |
| 4 | $552,624 | $9,670 | -$22,462 | $373,928 | $178,696 |
| 5 | $569,202 | $10,084 | -$22,094 | $368,373 | $200,829 |
| 6 | $586,278 | $10,513 | -$21,712 | $362,437 | $223,842 |
| 7 | $603,867 | $10,958 | -$21,316 | $356,093 | $247,774 |
| 8 | $621,983 | $11,420 | -$20,903 | $349,314 | $272,669 |
| 9 | $640,642 | $11,899 | -$20,475 | $342,069 | $298,574 |
| 10 | $659,862 | $12,396 | -$20,031 | $334,326 | $325,535 |
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.