6821 SW 147th Ave Apt 4H

Miami, FL 33193 · condos · For Sale · 6 days on market
Asking price$370,000
3 beds 2 baths 1,700 sqft
View on Realtor.com →
Listed by Ines Carreno · Homes Real Estate Group Inc.
Typecondos
Built1973
Price / sqft$218
Est. value (own analysis)$473,770
Rent estimate (own analysis)$2,500/mo
HOA$521/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-27
Removed date
MLSMiamiMLS #A12078243
Coordinates25.70149, -80.42959
Address6821 SW 147th Ave Apt 4H
CityMiami
StateFL
Zip33193
Listing ID6430364003
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33193)

Typical home value (ZHVI)$445,241
Typical rent (ZORI)$2,377/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$370,000
Down payment (20.0%)$74,000
Loan amount$296,000
Closing costs (5.0%)$18,500
Total cash to close$92,500
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$586$7,030
Insurance (placeholder 0.8% of price)$247$2,960
HOA dues$521$6,252
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$1,479$17,742
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$17,742

$27,600 − $17,742 = $9,858

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$296,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$296,000 amortized at 6.7% over 30 years = $1,902/mo

CapEx reserve (5.0% of GSR)$125$1,500
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$9,858
Annual debt service derived$22,826
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($9,858 − $22,826 − $1,500 − $0) ÷ 12 = -$1,206

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,858
Purchase price data$370,000

$9,858 ÷ $370,000 = 2.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,468
Total cash to close derived$92,500

-$14,468 ÷ $92,500 = -15.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,858
Annual debt service derived$22,826

$9,858 ÷ $22,826 = 0.43

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$370,000

($30,000 ÷ 12) ÷ $370,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$370,000
Gross scheduled rent (annual) comp$30,000

$370,000 ÷ $30,000 = 12.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,742
Effective gross income derived$27,600

$17,742 ÷ $27,600 = 64.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,742
Annual debt service derived$22,826
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($17,742 + $22,826 + $0) ÷ $30,000 = 135.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment321,700$2,8502026-08-18
condos321,150$2,5002026-08-18
condos321,258$2,4502026-08-15
apartment321,277$2,3752026-08-06
condos321,120$2,4502026-07-27
condos321,150$2,5992026-07-22
condos321,346$2,4502026-07-08
condos331,260$2,8002026-07-07
condos331,630$2,4502026-07-02
condos321,119$2,4002026-06-25
condos321,150$2,6992026-06-24
condos321,260$2,5002026-06-21
condos321,240$2,5002026-05-20
condos331,325$2,5002026-08-04
apartment321,660$2,9002026-08-03
condos321,277$2,5002026-04-08
apartment321,277$2,5002026-03-10
apartment321,260$2,500
apartment321,436$3,352
apartment321,436$3,372
apartment321,436$3,262
condos321,170$2,6002026-08-29

6882 SW 157th Ct Unit 1

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,700
Listed2026-08-18
Days on market

Asking rent: $2,850

View on Zillow →

14829 SW 80th St Unit 202-3

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-08-18
Days on market

Asking rent: $2,500

View on Zillow →

15665 SW 82nd Cir Ln Unit 4-6

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,258
Listed2026-08-15
Days on market

Asking rent: $2,450

View on Zillow →

8460 SW 154th Cir Ct Apt 111

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,277
Listed2026-08-06
Days on market

Asking rent: $2,375

View on Zillow →

7640 SW 153rd Ct Apt 101

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,120
Listed2026-07-27
Days on market

Asking rent: $2,450

View on Zillow →

14835 SW 80th St Unit 102-6

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-07-22
Days on market

Asking rent: $2,599

View on Zillow →

8215 SW 152nd Ave Unit G304

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,346
Listed2026-07-08
Days on market

Asking rent: $2,450

View on Zillow →

8535 SW 152nd Ave Apt 204

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,260
Listed2026-07-07
Days on market

Asking rent: $2,800

View on Zillow →

15690 SW 82nd Circle Ln Unit 9-12

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,630
Listed2026-07-02
Days on market

Asking rent: $2,450

View on Zillow →

8475 SW 156th Ct Apt 335

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,119
Listed2026-06-25
Days on market

Asking rent: $2,400

View on Zillow →

14831 SW 80th St Unit 102-4

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-06-24
Days on market

Asking rent: $2,699

View on Zillow →

14971 SW 82nd Ln Unit 20-308

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,260
Listed2026-06-21
Days on market

Asking rent: $2,500

View on Zillow →

8650 SW 149th Ave Apt 305

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,240
Listed2026-05-20
Days on market

Asking rent: $2,500

View on Zillow →

8270 SW 149th Ct Unit 10-209

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,325
Listed2026-08-04
Days on market

Asking rent: $2,500

View on Zillow →

6861 SW 147th Ave Apt 3B

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,660
Listed2026-08-03
Days on market

Asking rent: $2,900

View on Zillow →

8460 SW 154th Cir Ct Apt 127

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,277
Listed2026-04-08
Days on market

Asking rent: $2,500

View on Zillow →

15470 SW 82nd Ln Apt 316

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,277
Listed2026-03-10
Days on market

Asking rent: $2,500

View on Zillow →

14971 SW 82nd Ln

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,260
Listed
Days on market

Asking rent: $2,500

View on Zillow →

8485 Hammocks Blvd # 4203

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,436
Listed
Days on market

Asking rent: $3,352

View on Zillow →

8485 Hammocks Blvd # 7112

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,436
Listed
Days on market

Asking rent: $3,372

View on Zillow →

8485 Hammocks Blvd # 7101

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,436
Listed
Days on market

Asking rent: $3,262

View on Zillow →

15470 SW 82nd Ln Apt 332

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,170
Listed2026-08-29
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
15620 SW 80th St Unit H101condos321,165$270,0002026-07-13
14815 SW 81st St Unit Bcondos321,075$500,0002026-07-09
14903 SW 80th St Apt 201condos321,220$345,0002026-07-02
15441 SW 81 Circle Ln Unit 41condos32$257,5002026-06-05
14971 SW 82nd Ln Unit 20-508condos321,260$290,0002026-06-02
7611 SW 153rd Ct Apt 105condos321,120$360,0002026-05-13
14911 SW 80th St Apt 221condos321,220$340,0002026-03-24
14903 SW 80th St Apt 101condos321,220$345,0002026-02-27
6841 SW 147th Ave Apt 3Hcondos321,700$350,0002025-12-17
8255 SW 152nd Ave Unit E412condos321,293$260,0002025-12-16
8595 SW 152nd Ave Apt 251condos331,320$430,0002025-10-31
15660 SW 82nd Cir Ln Unit 6-6condos331,964$300,0002025-10-06

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
6651 SW 148th Ctsingle_family321,892$855,000
7054 SW 152nd Cttownhomes321,116$490,000
15840 SW 85th Stsingle_family321,631$650,000
14755 SW 74th Lntownhomes332,187$533,000
14963 SW 74th Tersingle_family321,322$529,000
16628 SW 79th Tertownhomes331,776$525,000
15171 SW 70th Stsingle_family322,074$850,000
16232 SW 57th Lncondos332,027$564,000

10-year hold projection

IRR-0.3%
Equity multiple0.95x
Total return (10yr)$43,880
YearProperty valueNOICash flowLoan balanceEquity
1$381,100$9,858-$14,468$292,791$88,309
2$392,533$10,242-$14,121$289,361$103,172
3$404,309$10,641-$13,761$285,696$118,613
4$416,438$11,053-$13,388$281,779$134,660
5$428,931$11,480-$13,002$277,593$151,339
6$441,799$11,923-$12,601$273,119$168,680
7$455,053$12,381-$12,185$268,339$186,715
8$468,705$12,855-$11,754$263,230$205,475
9$482,766$13,346-$11,308$257,770$224,996
10$497,249$13,854-$10,845$251,936$245,314
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.