8695 SW 110th St

Miami, FL 33156 · single_family · For Sale · 98 days on market
Asking price$1,635,000
5 beds 3 baths 2,551 sqft
View on Realtor.com →
Listed by Martha Medina · White Canvas Real Estate, LLC.
Typesingle_family
Built1970
Price / sqft$641
Est. value (own analysis)$1,899,347
Rent estimate (own analysis)$9,200/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-05-27
Removed date
MLSMiamiMLS #A12024580
Coordinates25.66817, -80.33464
Address8695 SW 110th St
CityMiami
StateFL
Zip33156
Listing ID6715162197
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$1,635,000
Down payment (20.0%)$327,000
Loan amount$1,308,000
Closing costs (5.0%)$81,750
Total cash to close$408,750
Rent (comp-derived)$9,200$110,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$110,400
Vacancy rate (assumption) assumption8.0%

$110,400 × 8.0% = $8,832

Effective gross income$8,464$101,568
Property tax (placeholder 1.9% of price)$2,589$31,065
Insurance (est. scaled by flood & wind risk)$1,635$19,620
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$460$5,520
Total operating expenses$4,684$56,205
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$101,568
Total operating expenses derived$56,205

$101,568 − $56,205 = $45,363

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$1,308,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,308,000 amortized at 6.7% over 30 years = $8,406/mo

CapEx reserve (5.0% of GSR)$460$5,520
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$45,363
Annual debt service derived$100,867
Annual CapEx reserve assumption$5,520
Annual PMI assumption$0

($45,363 − $100,867 − $5,520 − $0) ÷ 12 = -$5,085

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$45,363
Purchase price data$1,635,000

$45,363 ÷ $1,635,000 = 2.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$61,024
Total cash to close derived$408,750

-$61,024 ÷ $408,750 = -14.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$45,363
Annual debt service derived$100,867

$45,363 ÷ $100,867 = 0.45

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$110,400
Purchase price data$1,635,000

($110,400 ÷ 12) ÷ $1,635,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,635,000
Gross scheduled rent (annual) comp$110,400

$1,635,000 ÷ $110,400 = 14.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$56,205
Effective gross income derived$101,568

$56,205 ÷ $101,568 = 55.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$56,205
Annual debt service derived$100,867
Annual PMI assumption$0
Gross scheduled rent (annual) comp$110,400

($56,205 + $100,867 + $0) ÷ $110,400 = 142.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family533,050$5,9992026-08-18
single_family532,754$10,5002026-05-12
single_family532,670$9,200

8250 SW 116th St

Miami, 33156 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,050
Listed2026-08-18
Days on market

Asking rent: $5,999

View on Zillow →

10330 SW 58th Ct

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,754
Listed2026-05-12
Days on market

Asking rent: $10,500

View on Zillow →

7715 SW 122nd St # 7715

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,670
Listed
Days on market

Asking rent: $9,200

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
12801 SW 61st Avesingle_family555,802$4,550,0002026-08-24
600 Conde Avesingle_family554,512$4,000,0002026-08-18
5770 SW 100th Stsingle_family566,447$4,750,0002026-08-17
7200 SW 107th Tersingle_family563,450$2,990,0002026-08-17
12624 SW 77th Avesingle_family544,014$3,200,0002026-08-13
13300 SW 69th Avesingle_family554,731$2,900,0002026-08-10
11600 SW 77th Avesingle_family574,673$4,700,0002026-08-07
10330 SW 71st Avesingle_family532,789$2,275,0002026-08-03
12801 Old Cutler Rdsingle_family564,906$4,110,0002026-08-03
7175 SW 117th Tersingle_family543,448$2,155,0002026-07-27
5340 Banyan Drsingle_family555,690$7,281,5002026-07-22
12070 SW 83rd Plsingle_family554,212$2,270,0002026-07-21
7440 SW 106th Stsingle_family533,748$3,250,0002026-07-21
8620 SW 112th Stsingle_family553,993$2,700,0002026-07-09
13060 SW 70th Avesingle_family533,203$2,100,0002026-07-06
6700 SW 117th Stsingle_family543,956$3,150,0002026-06-30
6801 SW 126th Tersingle_family554,732$2,757,2002026-06-30
13020 SW 70th Avesingle_family544,001$1,850,0002026-06-29
7830 SW 120th Stsingle_family544,119$2,950,0002026-06-26
10235 SW 58th Ctsingle_family533,004$2,560,0002026-06-22
8479 SW 122nd Stsingle_family543,674$2,350,0002026-06-17
7455 SW 125th Stsingle_family543,039$2,100,0002026-06-15
7751 Palmetto Ctsingle_family553,298$2,575,0002026-06-10
1511 Agua Avesingle_family543,723$2,635,0002026-05-29
6125 SW 109th Stsingle_family554,161$3,400,0002026-05-26
7280 SW 100th Stsingle_family564,801$3,500,0002026-05-21
6505 SW 133rd Drsingle_family533,061$2,000,0002026-05-20
13150 SW 69th Avesingle_family545,343$3,150,0002026-05-18
325 Campana Avesingle_family546,779$5,100,0002026-05-14
10125 SW 60th Avesingle_family533,449$3,000,0002026-05-14
5820 SW 97th Stsingle_family544,084$6,625,0002026-05-14
9370 Balada Stsingle_family543,997$10,250,0002026-05-13
665 Leucadendra Drsingle_family587,698$24,250,0002026-05-05
5400 Banyan Trlsingle_family556,831$7,475,0002026-05-04
11120 Killian Park Rdsingle_family556,307$4,850,0002026-05-04
8535 SW 113th Tersingle_family543,645$1,980,0002026-04-30
11001 SW 75th Ctsingle_family565,783$4,125,0002026-04-29
641 Reinante Avesingle_family563,360$15,600,0002026-04-17
6755 SW 99th Tersingle_family554,598$3,800,0002026-04-17
12685 SW 81st Avesingle_family533,251$2,170,0002026-04-10
7681 SW 107th Stsingle_family543,514$3,185,0002026-04-09
13502 SW 57th Ctsingle_family533,099$2,200,0002026-04-06
7250 SW 99th Stsingle_family554,031$2,735,0002026-03-27
7340 SW 123rd Tersingle_family532,349$1,600,0002026-03-17
11133 SW 85th Ctsingle_family554,067$2,037,5002026-03-13
13407 SW 59th Avesingle_family543,280$2,325,0002026-03-09
5846 SW 108th Stsingle_family543,812$3,000,0002026-03-05
8363 SW 98th Stsingle_family564,093$1,960,0002026-03-03
7125 SW 120th Stsingle_family522,482$1,800,5002026-02-27
13000 SW 69th Ctsingle_family542,961$2,400,0002026-02-20

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
7840 SW 98th Stsingle_family574,618$4,650,000
8345 SW 90th Stsingle_family533,460$1,745,000
12021 SW 82nd Plsingle_family543,686$1,980,000
10825 SW 80th Avesingle_family533,650$2,350,000
8339 SW 112th Stsingle_family532,628$2,300,000
4901 Hammock Park Drsingle_family565,317$10,950,000
8045 SW 128th Stsingle_family561,781$1,650,000
11900 SW 63rd Avesingle_family566,287$4,495,000

10-year hold projection

IRR0.1%
Equity multiple1.02x
Total return (10yr)$221,185
YearProperty valueNOICash flowLoan balanceEquity
1$1,684,050$45,363-$61,024$1,293,818$390,232
2$1,734,572$47,005-$59,520$1,278,663$455,909
3$1,786,609$48,703-$57,963$1,262,467$524,142
4$1,840,207$50,459-$56,352$1,245,158$595,049
5$1,895,413$52,276-$54,684$1,226,661$668,752
6$1,952,276$54,154-$52,958$1,206,894$745,382
7$2,010,844$56,097-$51,171$1,185,769$825,075
8$2,071,169$58,106-$49,323$1,163,194$907,975
9$2,133,304$60,183-$47,409$1,139,068$994,236
10$2,197,303$62,331-$45,430$1,113,286$1,084,017
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.