5640 NW 115th Ct Apt 211

Doral, FL 33178 · townhomes · For Sale · 145 days on market
Asking price$395,000
3 beds 3 baths 1,370 sqft
View on Realtor.com →
Listed by Maria Coll · Coldwell Banker Realty
Typetownhomes
Built2000
Price / sqft$288
Est. value (own analysis)$466,800
Rent estimate (own analysis)$3,500/mo
HOA$740/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-10
Removed date
MLSMiamiMLS #A11997978
Coordinates25.82463, -80.38461
Address5640 NW 115th Ct Apt 211
CityDoral
StateFL
Zip33178
Listing ID6734437738
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33178)

Typical home value (ZHVI)$558,055
Typical rent (ZORI)$2,961/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$395,000
Down payment (20.0%)$79,000
Loan amount$316,000
Closing costs (5.0%)$19,750
Total cash to close$98,750
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (placeholder 1.9% of price)$625$7,505
Insurance (placeholder 0.8% of price)$263$3,160
HOA dues$740$8,880
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,804$21,645
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$21,645

$38,640 − $21,645 = $16,995

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$316,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$316,000 amortized at 6.7% over 30 years = $2,031/mo

CapEx reserve (5.0% of GSR)$175$2,100
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$16,995
Annual debt service derived$24,368
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($16,995 − $24,368 − $2,100 − $0) ÷ 12 = -$789

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,995
Purchase price data$395,000

$16,995 ÷ $395,000 = 4.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,473
Total cash to close derived$98,750

-$9,473 ÷ $98,750 = -9.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,995
Annual debt service derived$24,368

$16,995 ÷ $24,368 = 0.70

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$395,000

($42,000 ÷ 12) ÷ $395,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$395,000
Gross scheduled rent (annual) comp$42,000

$395,000 ÷ $42,000 = 9.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,645
Effective gross income derived$38,640

$21,645 ÷ $38,640 = 56.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,645
Annual debt service derived$24,368
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($21,645 + $24,368 + $0) ÷ $42,000 = 109.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,512$3,5502026-08-28
townhomes331,590$3,7002026-08-27
townhomes331,460$3,3002026-08-14
townhomes331,578$3,2752026-08-20
townhomes331,256$2,8502026-06-02
townhomes331,380$3,2002026-07-09
townhomes331,580$3,4002026-08-26
townhomes331,210$3,2502026-08-14
townhomes331,322$4,0502026-08-26
townhomes331,690$3,6002026-08-05
townhomes331,683$3,8002026-08-10
townhomes331,605$3,5502026-07-24
townhomes331,605$3,5002026-08-21
townhomes331,781$4,2002026-07-30
townhomes331,676$3,5002026-08-21
townhomes331,712$3,6502026-08-13
townhomes331,425$3,8002026-08-24
townhomes331,380$3,1002026-05-18
townhomes331,460$3,3002026-07-17
townhomes331,671$3,6002026-07-07
townhomes331,511$3,7002026-05-11
townhomes331,743$4,6502026-08-24
townhomes331,420$3,0002026-07-22
townhomes331,743$4,0002026-07-24
townhomes331,512$3,3002026-08-06
townhomes331,256$2,7002026-03-27
townhomes331,533$3,5002026-07-03
townhomes331,420$3,2502026-07-15
townhomes331,743$3,4002026-08-04
townhomes331,420$3,0502026-06-29
townhomes331,322$3,5002026-08-03
townhomes331,511$4,7002026-08-07
townhomes331,462$3,2002026-07-21
townhomes331,618$3,8752026-07-09
townhomes331,620$3,4002026-06-24
townhomes331,512$3,9502026-05-08
townhomes321,360$3,5002026-08-08
townhomes321,207$2,8002026-08-18
townhomes331,628$4,1002026-05-29
townhomes331,720$4,4002026-06-17
townhomes331,680$3,8002026-07-06
townhomes331,816$4,3502026-08-19
townhomes331,322$3,3502026-06-02
townhomes331,429$3,8502026-08-03
townhomes331,605$4,0002026-02-24
townhomes331,783$4,1002026-06-30
townhomes331,537$3,6002026-05-20
townhomes331,350$3,2502026-03-11
townhomes331,429$3,800
townhomes331,420$3,1002026-08-30
townhomes321,260$2,9002026-09-01

5770 NW 113th Pl Unit 0

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,512
Listed2026-08-28
Days on market

Asking rent: $3,550

View on Zillow →

11034 NW 43rd Ter Unit 11034

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,590
Listed2026-08-27
Days on market

Asking rent: $3,700

View on Zillow →

5600 NW 107th Ave Apt 1412

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,460
Listed2026-08-14
Days on market

Asking rent: $3,300

View on Zillow →

4356 NW 116th Ave Unit 4356

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,578
Listed2026-08-20
Days on market

Asking rent: $3,275

View on Zillow →

11601 NW 89th St Apt 222

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,256
Listed2026-06-02
Days on market

Asking rent: $2,850

View on Zillow →

5230 NW 109th Ave Apt 4

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,380
Listed2026-07-09
Days on market

Asking rent: $3,200

View on Zillow →

5610 NW 107th Ave Apt 1314

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,580
Listed2026-08-26
Days on market

Asking rent: $3,400

View on Zillow →

6142 NW 115th Pl Apt 324

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,210
Listed2026-08-14
Days on market

Asking rent: $3,250

View on Zillow →

10229 NW 64th Ter Apt 101

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,322
Listed2026-08-26
Days on market

Asking rent: $4,050

View on Zillow →

11406 NW 76th Ter Unit 11406

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,690
Listed2026-08-05
Days on market

Asking rent: $3,600

View on Zillow →

7855 NW 110th Ave Unit 7855

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,683
Listed2026-08-10
Days on market

Asking rent: $3,800

View on Zillow →

11302 NW 88th Ter Unit 11302

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,605
Listed2026-07-24
Days on market

Asking rent: $3,550

View on Zillow →

11281 NW 88th St

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,605
Listed2026-08-21
Days on market

Asking rent: $3,500

View on Zillow →

6310 NW 103rd Pl Apt 201

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,781
Listed2026-07-30
Days on market

Asking rent: $4,200

View on Zillow →

11236 NW 56th St

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,676
Listed2026-08-21
Days on market

Asking rent: $3,500

View on Zillow →

3522 Torremolinos Ave Unit E31

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,712
Listed2026-08-13
Days on market

Asking rent: $3,650

View on Zillow →

10413 NW 82nd St Unit 3

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,425
Listed2026-08-24
Days on market

Asking rent: $3,800

View on Zillow →

5200 NW 109th Ave Apt 1

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,380
Listed2026-05-18
Days on market

Asking rent: $3,100

View on Zillow →

5420 NW 107th Ave Apt 301

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,460
Listed2026-07-17
Days on market

Asking rent: $3,300

View on Zillow →

4874 NW 107th Path

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,671
Listed2026-07-07
Days on market

Asking rent: $3,600

View on Zillow →

7772 NW 114th Pl Unit 0

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,511
Listed2026-05-11
Days on market

Asking rent: $3,700

View on Zillow →

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,743
Listed2026-08-24
Days on market

Asking rent: $4,650

View on Zillow →

5761 NW 115th Ct Apt 102

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,420
Listed2026-07-22
Days on market

Asking rent: $3,000

View on Zillow →

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,743
Listed2026-07-24
Days on market

Asking rent: $4,000

View on Zillow →

5598 NW 113th Ave

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,512
Listed2026-08-06
Days on market

Asking rent: $3,300

View on Zillow →

10870 NW 88th Ter Unit 223

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,256
Listed2026-03-27
Days on market

Asking rent: $2,700

View on Zillow →

11432 NW 48th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,533
Listed2026-07-03
Days on market

Asking rent: $3,500

View on Zillow →

5701 NW 114th Ct Apt 106

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,420
Listed2026-07-15
Days on market

Asking rent: $3,250

View on Zillow →

11440 NW 50th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,743
Listed2026-08-04
Days on market

Asking rent: $3,400

View on Zillow →

5791 NW 116th Ave Apt 101

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,420
Listed2026-06-29
Days on market

Asking rent: $3,050

View on Zillow →

6416 NW 102nd Ct Apt 115

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,322
Listed2026-08-03
Days on market

Asking rent: $3,500

View on Zillow →

8167 NW 108th Ct

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,511
Listed2026-08-07
Days on market

Asking rent: $4,700

View on Zillow →

8527 NW 108th Ave Unit 4-41

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,462
Listed2026-07-21
Days on market

Asking rent: $3,200

View on Zillow →

4881 NW 107th Ct Unit 4881

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,618
Listed2026-07-09
Days on market

Asking rent: $3,875

View on Zillow →

5245 NW 112th Ave Apt 8

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,620
Listed2026-06-24
Days on market

Asking rent: $3,400

View on Zillow →

11248 NW 56th St

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,512
Listed2026-05-08
Days on market

Asking rent: $3,950

View on Zillow →

10280 NW 63rd Ter Apt 104

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,360
Listed2026-08-08
Days on market

Asking rent: $3,500

View on Zillow →

10800 NW 88th Ter Unit 102

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,207
Listed2026-08-18
Days on market

Asking rent: $2,800

View on Zillow →

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,628
Listed2026-05-29
Days on market

Asking rent: $4,100

View on Zillow →

6438 NW 104th Ct Unit 6438

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,720
Listed2026-06-17
Days on market

Asking rent: $4,400

View on Zillow →

8820 NW 103rd Ave

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,680
Listed2026-07-06
Days on market

Asking rent: $3,800

View on Zillow →

10219 NW 72nd Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,816
Listed2026-08-19
Days on market

Asking rent: $4,350

View on Zillow →

6453 NW 102nd Path Apt 103

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,322
Listed2026-06-02
Days on market

Asking rent: $3,350

View on Zillow →

10425 NW 82nd St Unit 4

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed2026-08-03
Days on market

Asking rent: $3,850

View on Zillow →

11301 NW 88th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,605
Listed2026-02-24
Days on market

Asking rent: $4,000

View on Zillow →

8965 NW 98th Ave

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,783
Listed2026-06-30
Days on market

Asking rent: $4,100

View on Zillow →

11285 NW 42nd Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,537
Listed2026-05-20
Days on market

Asking rent: $3,600

View on Zillow →

11437 NW 62nd Ter Apt 230

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,350
Listed2026-03-11
Days on market

Asking rent: $3,250

View on Zillow →

10455 NW 82nd St # CU10

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed
Days on market

Asking rent: $3,800

View on Zillow →

5737 NW 114th Path Apt 111

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,420
Listed2026-08-30
Days on market

Asking rent: $3,100

View on Zillow →

5630 NW 114th Path Apt 101

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,260
Listed2026-09-01
Days on market

Asking rent: $2,900

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
10723 NW 85th Ter Unit 2-38townhomes331,462$435,0002026-08-27
10738 NW 80th Lntownhomes331,511$560,0002026-08-25
11507 NW 77th Sttownhomes331,690$550,0002026-08-20
8766 NW 112th Pathtownhomes331,650$545,0002026-08-19
5230 NW 109th Ave Apt 7townhomes331,380$529,0002026-08-18
10412 NW 63rd Tertownhomes321,908$810,0002026-08-14
8678 NW 113th Cttownhomes321,589$620,0002026-08-14
6642 NW 103rd Pkwytownhomes321,692$685,0002026-08-11
5779 NW 116th Ave Apt 104townhomes331,420$430,0002026-08-10
10788 NW 76th Lntownhomes322,062$650,0002026-08-07
7838 NW 109th Pathtownhomes321,683$510,0002026-08-07
11042 NW 43rd Tertownhomes331,590$530,0002026-08-05
7221 NW 103rd Pathtownhomes331,743$715,0002026-08-05
5725 NW 114th Path Apt 114townhomes331,420$465,0002026-08-03
6471 NW 103rd Psgetownhomes331,720$675,0002026-08-01
6141 NW 115th Pl Apt 362townhomes331,210$370,0002026-07-31
5208 NW 103rd Avetownhomes331,898$625,0002026-07-31
10109 NW 52nd Tertownhomes321,809$680,0002026-07-28
3865 Estepona Avetownhomes331,600$445,0002026-07-23
6651 NW 105th Cttownhomes332,654$860,0002026-07-23
10742 NW 74th Lntownhomes322,062$730,0002026-07-23
5610 NW 114th Pl Apt 218townhomes331,370$410,0002026-07-17
6309 NW 104th Pathtownhomes342,200$800,0002026-07-15
7234 NW 103rd Pathtownhomes331,743$715,0002026-07-10
10821 NW 76th Lntownhomes322,062$620,0002026-07-09
6675 NW 102nd Pathtownhomes321,628$660,0002026-07-08
3350 Torremolinos Ave Unit F40townhomes331,712$610,0002026-07-02
6436 NW 104th Cttownhomes322,152$775,0002026-07-01
6416 NW 102nd Ct Apt 118townhomes331,315$460,0002026-07-01
8022 NW 114th Pltownhomes322,245$500,0002026-06-24
10265 NW 63rd Ter Apt 205townhomes331,547$535,0002026-06-23
10354 NW 64th Sttownhomes332,654$738,0002026-06-22
10781 NW 80th Lntownhomes321,531$511,0002026-06-18
8134 NW 108th Pltownhomes331,683$560,0002026-06-18
6389 NW 109th Ave Unit 6389townhomes321,524$710,0002026-06-17
5791 NW 116th Ave Apt 112townhomes331,420$440,0002026-06-16
11531 NW 79th Lntownhomes332,245$660,0002026-06-15
10137 Costa Del Sol Blvd Unit A57townhomes331,712$640,0002026-06-15
9933 NW 49th Tertownhomes332,014$615,0002026-06-11
11521 NW 50th Tertownhomes331,743$585,0002026-06-09
5527 NW 113th Avetownhomes332,226$640,0002026-06-08
3984 Adra Ave Unit E51townhomes331,423$540,0002026-06-08
5542 NW 112th Cttownhomes322,226$645,0002026-06-03
6420 NW 105th Pltownhomes342,200$800,0002026-06-03
9929 NW 49th Tertownhomes332,014$650,0002026-06-02
11629 NW 87th Lntownhomes321,610$573,0002026-05-29
4737 NW 98th Pltownhomes332,014$728,0002026-05-27
8691 NW 112th Cttownhomes331,511$535,0002026-05-27
11010 NW 87th Sttownhomes331,651$590,0002026-05-18
8126 NW 108th Avetownhomes321,511$562,5002026-05-15

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
7187 NW 103 Path Unit 7187townhomes331,816$735,000
10260 NW 63rd Ter Apt 213townhomes331,547$565,000
5300 NW 87th Ave Unit 1513condos342,070$185,000
10300 NW 66th Stsingle_family331,315$525,000
5758 NW 97th Plsingle_family321,219$650,000
townhomes342,065$815,000
10720 NW 66th St Apt 202condos321,710$459,000
townhomes331,701$598,500

10-year hold projection

IRR4.1%
Equity multiple1.65x
Total return (10yr)$116,144
YearProperty valueNOICash flowLoan balanceEquity
1$406,850$16,995-$9,473$312,574$94,276
2$419,056$17,613-$8,908$308,912$110,143
3$431,627$18,252-$8,322$305,000$126,628
4$444,576$18,914-$7,716$300,818$143,758
5$457,913$19,598-$7,089$296,349$161,564
6$471,651$20,305-$6,439$291,574$180,077
7$485,800$21,037-$5,767$286,470$199,330
8$500,374$21,793-$5,071$281,016$219,358
9$515,385$22,576-$4,351$275,188$240,198
10$530,847$23,385-$3,606$268,959$261,888
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.