Miami, FL 33157 · townhomes · For Sale · 16 days on market
Asking price$450,000
3 beds 3 baths 1,421 sqft
Listed by Yoanet De La Paz · Casabella Miami Realty
Typetownhomes
Built2006
Price / sqft$317
Est. value (Zillow, adjusted)$546,731
Rent estimate (own analysis)$2,800/mo
HOA$140/mo
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-17
Removed date—
MLSMiamiMLS #A12072018
Coordinates25.59959, -80.37024
Address
CityMiami
StateFL
Zip33157
Listing ID6514822538
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33157)
Typical home value (ZHVI)$630,585
Typical rent (ZORI)$2,736/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 | $450,000 |
| Down payment (20.0%) | $90,000 |
| Loan amount | $360,000 |
| Closing costs (5.0%) | $22,500 |
| Total cash to close | $112,500 |
| Income | |
| Rent (comp-derived) | $2,800$33,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,576$30,912 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $713$8,550 |
| Insurance (est. scaled by flood & wind risk) | $480$5,760 |
| HOA dues | $140$1,680 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,680 |
| Total operating expenses | $1,473$17,670 |
| 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) | $140$1,680 |
| 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 | 3 | 2 | 1,246 | $3,200 | 2026-07-27 | — | |
| townhomes | 3 | 2 | 1,308 | $2,650 | 2026-08-22 | — | |
| townhomes | 3 | 3 | 1,638 | $2,500 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,638 | $2,900 | 2026-08-25 | — | |
| townhomes | 3 | 3 | 1,100 | $2,500 | 2026-06-23 | — | |
| townhomes | 3 | 3 | 1,280 | $2,475 | 2026-05-21 | — | |
| townhomes | 3 | 3 | 1,638 | $2,800 | 2026-08-17 | — | |
| townhomes | 3 | 4 | 1,831 | $3,811 | 2026-07-02 | — | |
| townhomes | 3 | 3 | 1,528 | $2,800 | 2026-08-31 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 15750 SW 92nd Ave Unit 20C | townhomes | 3 | 3 | 1,370 | $430,000 | 2026-07-07 |
| 8903 SW 184th Ter | townhomes | 4 | 2 | 1,921 | $575,000 | 2026-06-10 |
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 |
|---|---|---|---|---|---|---|
| 19500 SW 115th Ave | single_family | 3 | 1 | 1,056 | $609,900 | — |
| 10222 SW 181st St | single_family | 3 | 1 | 864 | $450,000 | — |
| 11030 SW 153rd St | single_family | 3 | 1 | 1,078 | $510,000 | — |
| 16604 SW 104th Ct | single_family | 3 | 2 | 2,061 | $650,000 | — |
| 11440 SW 185th Ter | single_family | 3 | 2 | 1,277 | $410,000 | — |
| 15435 SW 108th Ct | single_family | 3 | 2 | 1,323 | $674,900 | — |
| 11243 SW 174th Ter | single_family | 3 | 2 | 1,650 | $830,000 | — |
| 11045 SW 161st Ter | single_family | 3 | 2 | 1,696 | $575,900 | — |
10-year hold projection
IRR0.5%
Equity multiple1.08x
Total return (10yr)$68,325
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $463,500 | $13,242 | -$16,200 | $356,097 | $107,403 |
| 2 | $477,405 | $13,728 | -$15,756 | $351,925 | $125,480 |
| 3 | $491,727 | $14,230 | -$15,297 | $347,468 | $144,259 |
| 4 | $506,479 | $14,750 | -$14,821 | $342,704 | $163,775 |
| 5 | $521,673 | $15,287 | -$14,329 | $337,613 | $184,060 |
| 6 | $537,324 | $15,844 | -$13,819 | $332,172 | $205,151 |
| 7 | $553,443 | $16,419 | -$13,291 | $326,358 | $227,085 |
| 8 | $570,047 | $17,014 | -$12,745 | $320,145 | $249,902 |
| 9 | $587,148 | $17,629 | -$12,179 | $313,505 | $273,643 |
| 10 | $604,762 | $18,266 | -$11,594 | $306,408 | $298,354 |
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.