14832 SW 169th Ln

Miami, FL 33187 · single_family · For Sale · 77 days on market
Asking price$950,000
5 beds 3 baths 2,230 sqft
Suggested offer$674,575$275,425 above the est. market value of $674,575.
View on Realtor.com →
Listed by Ibel Martinez · Rejoice Realty Group, Inc.
Typesingle_family
Built1993
Price / sqft$426
Est. value (own analysis)$674,575
Rent estimate (own analysis)$7,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-17
Removed date
MLSMiamiMLS #A12037944
Coordinates25.60927, -80.43278
Address14832 SW 169th Ln
CityMiami
StateFL
Zip33187
Listing ID6715150824
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$950,000
Down payment (20.0%)$190,000
Loan amount$760,000
Closing costs (5.0%)$47,500
Total cash to close$237,500
Rent (comp-derived)$7,500$90,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$90,000
Vacancy rate (assumption) assumption8.0%

$90,000 × 8.0% = $7,200

Effective gross income$6,900$82,800
Property tax (placeholder 1.9% of price)$1,504$18,050
Insurance (placeholder 0.8% of price)$633$7,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$375$4,500
Total operating expenses$2,513$30,150
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$82,800
Total operating expenses derived$30,150

$82,800 − $30,150 = $52,650

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$760,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$760,000 amortized at 6.7% over 30 years = $4,884/mo

CapEx reserve (5.0% of GSR)$375$4,500
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$52,650
Annual debt service derived$58,608
Annual CapEx reserve assumption$4,500
Annual PMI assumption$0

($52,650 − $58,608 − $4,500 − $0) ÷ 12 = -$871

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$52,650
Purchase price data$950,000

$52,650 ÷ $950,000 = 5.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,458
Total cash to close derived$237,500

-$10,458 ÷ $237,500 = -4.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$52,650
Annual debt service derived$58,608

$52,650 ÷ $58,608 = 0.90

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$90,000
Purchase price data$950,000

($90,000 ÷ 12) ÷ $950,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$950,000
Gross scheduled rent (annual) comp$90,000

$950,000 ÷ $90,000 = 10.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$30,150
Effective gross income derived$82,800

$30,150 ÷ $82,800 = 36.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$30,150
Annual debt service derived$58,608
Annual PMI assumption$0
Gross scheduled rent (annual) comp$90,000

($30,150 + $58,608 + $0) ÷ $90,000 = 98.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family563,996$16,5002025-06-27
single_family553,803$7,5002025-10-20
single_family533,312$6,5002026-08-27

14875 SW 212th St

Miami, 33187 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage3,996
Listed2025-06-27
Days on market

Asking rent: $16,500

View on Zillow →

14954 SW 176th St

Miami, 33187 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,803
Listed2025-10-20
Days on market

Asking rent: $7,500

View on Zillow →

18850 SW 197th Ave

Miami, 33187 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,312
Listed2026-08-27
Days on market

Asking rent: $6,500

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
20076 SW 190th Stsingle_family532,244$1,135,0002026-08-27
15288 SW 176th Tersingle_family553,396$800,0002026-08-19
16933 SW 215th Tersingle_family543,243$950,0002026-08-17
15100 SW 175th Stsingle_family533,128$1,010,0002026-08-14
14864 SW 163rd Tersingle_family532,640$799,0002026-07-31
15421 SW 158th Stsingle_family522,131$750,0002026-06-29
16144 SW 148th Plsingle_family543,033$825,0002026-06-18
15562 SW 177th Tersingle_family521,760$720,0002026-06-02
17921 SW 149th Ctsingle_family553,427$1,129,9002026-05-15
15431 SW 171st Stsingle_family532,249$680,0002026-05-13
14940 SW 164th Tersingle_family533,502$1,100,0002026-03-02
14888 SW 163rd Tersingle_family543,033$825,0002026-01-09
15210 SW 163rd Stsingle_family532,817$1,165,0002025-12-17
15274 SW 173rd Lnsingle_family532,444$697,0002025-12-05
15451 SW 173rd Lnsingle_family532,444$685,0002025-12-05
16142 SW 148th Avesingle_family533,033$850,0002025-11-24
17650 SW 154th Plsingle_family532,444$760,0002025-11-13
16304 SW 147th Ctsingle_family542,987$820,3012025-11-04
15530 SW 152nd Tersingle_family522,332$915,0002025-10-14
16262 SW 147th Plsingle_family533,033$893,3002025-10-09
21200 SW 187th Avesingle_family532,268$920,0002025-09-24
17970 SW 152nd Avesingle_family532,373$695,0002025-09-16

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
15130 SW 164th Tersingle_family533,772$1,349,000
20076 SW 190th Stsingle_family532,244$1,175,000
16580 SW 173rd Avesingle_family553,937$2,892,000
15302 SW 180th Tersingle_family532,174$715,000
17795 SW 158th Stsingle_family534,396$2,799,999
14800 SW 166th Stsingle_family533,188$1,850,000
16400 SW 173rd Avesingle_family543,091$1,399,000
19520 SW 206th Stsingle_family543,094$1,249,999

10-year hold projection

IRR7.8%
Equity multiple2.22x
Total return (10yr)$414,793
YearProperty valueNOICash flowLoan balanceEquity
1$978,500$52,650-$10,458$751,760$226,740
2$1,007,855$54,380-$8,840$742,954$264,901
3$1,038,091$56,166-$7,169$733,543$304,547
4$1,069,233$58,010-$5,444$723,487$345,747
5$1,101,310$59,912-$3,663$712,739$388,571
6$1,134,350$61,876-$1,823$701,254$433,096
7$1,168,380$63,903$77$688,980$479,401
8$1,203,432$65,995$2,038$675,862$527,569
9$1,239,535$68,154$4,063$661,845$577,690
10$1,276,721$70,382$6,155$646,864$629,856
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.