16075 SW 149th Ter

Miami, FL 33196 · single_family · For Sale · 56 days on market
Asking price$995,000
6 beds 5 baths 3,075 sqft
View on Realtor.com →
Listed by Armando Dominguez Lambert · SEI Brokers Corporation
Typesingle_family
Built2002
Price / sqft$324
Est. value (own analysis)$1,064,751
Rent estimate (own analysis)$7,950/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire2/10Minor
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Neighborhood

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Statusfor_sale
Listed date2026-07-08
Removed date
MLSMiamiMLS #A12050444
Coordinates25.62787, -80.45420
Address16075 SW 149th Ter
CityMiami
StateFL
Zip33196
Listing ID6519322974
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33196)

Typical home value (ZHVI)$568,371
Typical rent (ZORI)$2,615/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$995,000
Down payment (20.0%)$199,000
Loan amount$796,000
Closing costs (5.0%)$49,750
Total cash to close$248,750
Rent (comp-derived)$7,950$95,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$95,400
Vacancy rate (assumption) assumption8.0%

$95,400 × 8.0% = $7,632

Effective gross income$7,314$87,768
Property tax (placeholder 1.9% of price)$1,575$18,905
Insurance (est. scaled by flood & wind risk)$1,294$15,522
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$398$4,770
Total operating expenses$3,266$39,197
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$87,768
Total operating expenses derived$39,197

$87,768 − $39,197 = $48,571

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$796,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$796,000 amortized at 6.7% over 30 years = $5,115/mo

CapEx reserve (5.0% of GSR)$398$4,770
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$48,571
Annual debt service derived$61,384
Annual CapEx reserve assumption$4,770
Annual PMI assumption$0

($48,571 − $61,384 − $4,770 − $0) ÷ 12 = -$1,465

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$48,571
Purchase price data$995,000

$48,571 ÷ $995,000 = 4.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$17,583
Total cash to close derived$248,750

-$17,583 ÷ $248,750 = -7.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$48,571
Annual debt service derived$61,384

$48,571 ÷ $61,384 = 0.79

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$95,400
Purchase price data$995,000

($95,400 ÷ 12) ÷ $995,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$995,000
Gross scheduled rent (annual) comp$95,400

$995,000 ÷ $95,400 = 10.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$39,197
Effective gross income derived$87,768

$39,197 ÷ $87,768 = 44.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$39,197
Annual debt service derived$61,384
Annual PMI assumption$0
Gross scheduled rent (annual) comp$95,400

($39,197 + $61,384 + $0) ÷ $95,400 = 105.4%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family632,417$8,0002026-08-05
single_family643,218$7,9002026-07-24
single_family653,390$13,0002026-06-25
single_family632,716$2,0002026-08-26

11951 SW 120th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms6 bd / 3 ba
Square footage2,417
Listed2026-08-05
Days on market

Asking rent: $8,000

View on Zillow →

6610 SW 104th Ct

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage3,218
Listed2026-07-24
Days on market

Asking rent: $7,900

View on Zillow →

2600 SW 128th Ct

Miami, 33175 · rent comp

Bedrooms / bathrooms6 bd / 5 ba
Square footage3,390
Listed2026-06-25
Days on market

Asking rent: $13,000

View on Zillow →

11722 SW 107th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms6 bd / 3 ba
Square footage2,716
Listed2026-08-26
Days on market

Asking rent: $2,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
14127 SW 161st Plsingle_family321,488$700,0002026-08-26
9837 SW 159th Ctsingle_family321,672$675,0002026-08-24
16065 SW 136th Tersingle_family432,597$775,0002026-08-21
14952 SW 149th Stsingle_family322,342$770,0002026-08-14
11038 SW 148th Plsingle_family321,737$615,0002026-08-14
16478 SW 99th Stsingle_family321,520$575,0002026-08-13
16278 SW 97th Tersingle_family331,499$550,0002026-08-13
14826 SW 110th Tersingle_family432,136$725,0002026-08-12
14172 SW 148th Plsingle_family431,653$725,0002026-08-07
9166 SW 168th Ctsingle_family541,718$630,0002026-08-06
15976 SW 136th Tersingle_family543,045$940,0002026-08-06
14421 SW 155th Plsingle_family321,468$606,0002026-07-31
15139 SW 92nd Tersingle_family331,593$639,0002026-07-31
10500 SW 159th Ctsingle_family422,324$725,0002026-07-30
9641 SW 148th Plsingle_family321,480$610,0002026-07-27
16058 SW 136th Waysingle_family432,597$825,0002026-07-24
14762 SW 143rd Tersingle_family432,720$700,0002026-07-24
14824 SW 112th Stsingle_family422,201$785,0002026-07-22
15330 SW 144th Tersingle_family422,531$850,0002026-07-22
14455 SW 158th Pathsingle_family322,076$700,0002026-07-17
10213 SW 156th Avesingle_family331,777$655,0002026-07-17
15804 SW 112th Tersingle_family432,124$414,0002026-07-17
9435 SW 156th Plsingle_family422,072$680,0002026-07-16
15596 SW 110th Tersingle_family432,155$760,0002026-07-15
9586 SW 155th Avesingle_family442,036$847,0002026-07-13
14918 SW 93rd Stsingle_family431,784$645,0002026-07-13
15842 SW 105th Stsingle_family321,810$765,0002026-07-10
14789 SW 142nd Stsingle_family422,193$695,0002026-07-09
10138 SW 161st Avesingle_family431,908$740,0002026-07-07
15174 SW 111th Stsingle_family432,268$747,0002026-07-07
15901 SW 136th Waysingle_family431,977$665,0002026-07-07
15351 SW 146th Stsingle_family432,795$875,0002026-07-06
15020 SW 96th Tersingle_family331,712$540,0002026-07-02
15465 SW 114th Stsingle_family43$950,0002026-07-01
9066 SW 147th Ctsingle_family331,449$500,0002026-07-01
9631 SW 148th Plsingle_family321,492$577,0002026-07-01
16225 SW 99th Tersingle_family331,699$564,9002026-06-30
15500 SW 99th Lnsingle_family432,628$750,0002026-06-30
14461 SW 152nd Ctsingle_family432,153$720,0002026-06-30
11018 SW 147th Plsingle_family331,863$720,0002026-06-30
15374 SW 141st Tersingle_family422,458$650,0002026-06-29
15965 SW 98th Stsingle_family432,312$852,5002026-06-26
11504 SW 152nd Ctsingle_family432,549$776,2502026-06-26
14170 SW 152nd Plsingle_family432,166$750,0002026-06-26
9329 SW 151st Avesingle_family422,060$650,0002026-06-25
5975608196single_family331,672$655,0002026-06-24
9140 SW 148th Ctsingle_family331,449$505,0002026-06-22
9108 SW 165th Plsingle_family422,005$632,0002026-06-17
11361 SW 160th Ctsingle_family321,464$560,0002026-06-16
14231 SW 161st Plsingle_family421,768$715,0002026-06-15

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
14949 SW 184th Avesingle_family679,264$5,500,000
13405 SW 199th Avesingle_family641,668$2,175,000
14724 SW 107th Tersingle_family631,923$640,000
18019 SW 100th Stsingle_family68$10,000,000
14930 SW 145th Stsingle_family632,959$1,046,000

10-year hold projection

IRR5.8%
Equity multiple1.93x
Total return (10yr)$360,438
YearProperty valueNOICash flowLoan balanceEquity
1$1,024,850$48,571-$17,583$787,370$237,480
2$1,055,596$50,224-$16,049$778,147$277,449
3$1,087,263$51,932-$14,463$768,290$318,973
4$1,119,881$53,696-$12,825$757,757$362,124
5$1,153,478$55,518-$11,131$746,500$406,977
6$1,188,082$57,399-$9,381$734,471$453,611
7$1,223,725$59,343-$7,572$721,615$502,110
8$1,260,436$61,351-$5,703$707,876$552,560
9$1,298,249$63,424-$3,771$693,195$605,055
10$1,337,197$65,566-$1,775$677,504$659,692
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.