11470 SW 57th Ter
Miami, FL 33173 · single_family · For Sale · 37 days on market
Asking price$839,900
6 beds 3 baths 2,511 sqft
Suggested offer$833,709$6,191 above the est. market value of $833,709.
View on Realtor.com →Listed by Andy Molina · Ace Realty & Associates, LLC
Typesingle_family
Built1958
Price / sqft$334
Est. value (own analysis)$833,709
Rent estimate (own analysis)$18,000/mo
HOANone
1 / 52
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Statusfor_sale
Listed date2026-07-27
Removed date—
MLSMiamiMLS #A12060112
Coordinates25.71323, -80.38000
Address11470 SW 57th Ter
CityMiami
StateFL
Zip33173
Listing ID6490634404
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33173)
Typical home value (ZHVI)$567,889
Typical rent (ZORI)$2,611/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 | $839,900 |
| Down payment (20.0%) | $167,980 |
| Loan amount | $671,920 |
| Closing costs (5.0%) | $41,995 |
| Total cash to close | $209,975 |
| Income | |
| Rent (comp-derived) | $18,000$216,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $16,560$198,720 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,330$15,958 |
| Insurance (placeholder 0.8% of price) | $560$6,719 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $900$10,800 |
| Total operating expenses | $2,790$33,477 |
| 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) | $900$10,800 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 3,218 | $7,900 | 2026-07-24 | — | |
| single_family | 6 | 7 | 5,850 | $25,000 | 2026-07-21 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — |
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 |
|---|---|---|---|---|---|---|
| 9380 SW 83rd St | single_family | 6 | 4 | 3,398 | $1,000,000 | 2026-03-02 |
| 6321 SW 106th Ave | single_family | 6 | 6 | 4,578 | $1,520,000 | 2025-11-24 |
| 10201 SW 62nd St | single_family | 6 | 5 | 5,243 | $2,525,000 | 2025-11-12 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 7740 SW 52nd Ave | single_family | 6 | 8 | 6,936 | $8,750,000 | — |
| 3321 NW 19th Ter | multi_family | 6 | 4 | 2,244 | $1,180,000 | — |
| 11941 SW 200th St | single_family | 6 | 3 | 1,764 | $680,000 | — |
| 244 SW 36th Ave | multi_family | 6 | 3 | 1,847 | $639,000 | — |
| 9881 SW 148th Ter | single_family | 6 | 7 | 6,140 | $3,200,000 | — |
| 9715 SW 89th Ct | single_family | 6 | 7 | 6,062 | $4,290,000 | — |
| SW 127th Ave & SW 212th St | single_family | 6 | 3 | 3,041 | $854,990 | — |
| 3085 and 3083 SW 17th St | multi_family | 6 | 5 | 1,877 | $779,900 | — |
10-year hold projection
IRR54.0%
Equity multiple8.35x
Total return (10yr)$1,652,774
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $865,097 | $165,243 | $102,627 | $664,635 | $200,462 |
| 2 | $891,050 | $170,367 | $107,482 | $656,850 | $234,200 |
| 3 | $917,781 | $175,650 | $112,488 | $648,529 | $269,252 |
| 4 | $945,315 | $181,095 | $117,650 | $639,638 | $305,677 |
| 5 | $973,674 | $186,708 | $122,972 | $630,136 | $343,538 |
| 6 | $1,002,885 | $192,494 | $128,460 | $619,982 | $382,903 |
| 7 | $1,032,971 | $198,459 | $134,119 | $609,130 | $423,841 |
| 8 | $1,063,960 | $204,607 | $139,953 | $597,533 | $466,427 |
| 9 | $1,095,879 | $210,944 | $145,970 | $585,140 | $510,739 |
| 10 | $1,128,755 | $217,476 | $152,173 | $571,895 | $556,860 |
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.