3901 SW 112th Ave Apt 34

Miami, FL 33165 · condos · For Sale · 166 days on market
Asking price$174,900
1 beds 1 baths 558 sqft
View on Realtor.com →
Listed by Zuleyka Candelaria Roman · Candelaria Investments Group, LLC.
Typecondos
Built1969
Price / sqft$313
Est. value (own analysis)$175,808
Rent estimate (own analysis)$1,725/mo
HOA$502/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-20
Removed date
MLSMiamiMLS #A11986156
Coordinates25.73305, -80.37516
Address3901 SW 112th Ave Apt 34
CityMiami
StateFL
Zip33165
Listing ID6729947452
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33165)

Typical home value (ZHVI)$684,538
Typical rent (ZORI)$3,219/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$174,900
Down payment (20.0%)$34,980
Loan amount$139,920
Closing costs (5.0%)$8,745
Total cash to close$43,725
Rent (comp-derived)$1,725$20,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$20,700
Vacancy rate (assumption) assumption8.0%

$20,700 × 8.0% = $1,656

Effective gross income$1,587$19,044
Property tax (placeholder 1.9% of price)$277$3,323
Insurance (placeholder 0.8% of price)$117$1,399
HOA dues$502$6,024
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$86$1,035
Total operating expenses$982$11,781
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$19,044
Total operating expenses derived$11,781

$19,044 − $11,781 = $7,263

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$139,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$139,920 amortized at 6.7% over 30 years = $899/mo

CapEx reserve (5.0% of GSR)$86$1,035
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$7,263
Annual debt service derived$10,790
Annual CapEx reserve assumption$1,035
Annual PMI assumption$0

($7,263 − $10,790 − $1,035 − $0) ÷ 12 = -$380

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$7,263
Purchase price data$174,900

$7,263 ÷ $174,900 = 4.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$4,562
Total cash to close derived$43,725

-$4,562 ÷ $43,725 = -10.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$7,263
Annual debt service derived$10,790

$7,263 ÷ $10,790 = 0.67

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$20,700
Purchase price data$174,900

($20,700 ÷ 12) ÷ $174,900 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$174,900
Gross scheduled rent (annual) comp$20,700

$174,900 ÷ $20,700 = 8.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$11,781
Effective gross income derived$19,044

$11,781 ÷ $19,044 = 61.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$11,781
Annual debt service derived$10,790
Annual PMI assumption$0
Gross scheduled rent (annual) comp$20,700

($11,781 + $10,790 + $0) ÷ $20,700 = 109.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment11629$1,7502026-08-17
apartment11550$1,8002026-08-09
condos11632$1,7002026-08-06
condos11558$1,7002026-06-30
condos11558$1,8002026-05-12
condos11632$1,7002026-05-11
condos11700$1,6002026-05-07
condos11558$1,9002026-07-30
condos11560$1,3502026-01-07
apartment11632$1,9002026-04-06

3901 SW 109th Ave Apt E10

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage629
Listed2026-08-17
Days on market

Asking rent: $1,750

View on Zillow →

5005 SW 111th Ave Unit 1

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-08-09
Days on market

Asking rent: $1,800

View on Zillow →

3800 SW 102nd Ave Apt 221

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage632
Listed2026-08-06
Days on market

Asking rent: $1,700

View on Zillow →

3901 SW 112th Ave Apt 24

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage558
Listed2026-06-30
Days on market

Asking rent: $1,700

View on Zillow →

3901 SW 112th Ave Apt 38

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage558
Listed2026-05-12
Days on market

Asking rent: $1,800

View on Zillow →

3800 SW 102nd Ave Apt 118

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage632
Listed2026-05-11
Days on market

Asking rent: $1,700

View on Zillow →

10710 SW 43rd Ln Unit 1

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage700
Listed2026-05-07
Days on market

Asking rent: $1,600

View on Zillow →

3901 SW 112th Ave Apt 50

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage558
Listed2026-07-30
Days on market

Asking rent: $1,900

View on Zillow →

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage560
Listed2026-01-07
Days on market

Asking rent: $1,350

View on Zillow →

3800 SW 102nd Ave Apt 108

Miami, 33165 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage632
Listed2026-04-06
Days on market

Asking rent: $1,900

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
9000 SW 24th St Unit 21Ccondos11730$230,0002026-06-26
9000 SW 24th St Unit 14Ccondos11730$255,0002026-06-05
9000 SW 24th St Unit 223Ccondos11780$230,0002025-12-04
3901 SW 112th Ave Apt 25condos11558$170,0002025-11-07
3901 SW 109th Ave Unit 9Ccondos11635$210,0002025-10-02

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
3901 SW 112th Ave Apt 40condos11558$175,000
3901 SW 112th Ave Apt 28condos11558$189,000
1813 SW 107th Ave Apt 2402townhomes12669$315,000
3800 SW 102nd Ave Apt 221condos11632$245,000
9375 SW 40th Ter Apt 203condos11612$190,000
3901 SW 112th Ave Apt 38condos11558$180,000
3901 SW 112th Ave Apt 46condos11558$179,900
8990 SW 24th St Apt 226condos11780$245,000

10-year hold projection

IRR3.5%
Equity multiple1.57x
Total return (10yr)$47,812
YearProperty valueNOICash flowLoan balanceEquity
1$180,147$7,263-$4,562$138,403$41,744
2$185,551$7,539-$4,311$136,782$48,770
3$191,118$7,826-$4,051$135,049$56,069
4$196,851$8,123-$3,782$133,198$63,654
5$202,757$8,430-$3,503$131,219$71,538
6$208,840$8,748-$3,213$129,105$79,735
7$215,105$9,077-$2,913$126,845$88,260
8$221,558$9,417-$2,603$124,430$97,128
9$228,205$9,770-$2,281$121,849$106,355
10$235,051$10,135-$1,948$119,092$115,959
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.