2027 SW 58th Ave

Miami, FL 33155 · multi_family · For Sale · 75 days on market
Asking price$775,000
7 beds 4 baths 3,208 sqft
View on Realtor.com →
Listed by Jaclyn Bild · Douglas Elliman - 5555 Biscayne Blvd
Typemulti_family
Built1925
Price / sqft$242
Est. value (own analysis)$1,297,214
Rent estimate (building total, own analysis)$9,802/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-20
Removed date
MLSMiamiMLS #A12037880
Coordinates25.75176, -80.28915
Address2027 SW 58th Ave
CityMiami
StateFL
Zip33155
Listing ID6824001494
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33155)

Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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$775,000
Down payment (20.0%)$155,000
Loan amount$620,000
Closing costs (5.0%)$38,750
Total cash to close$193,750
Rent (estimate)$9,802$117,627
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$117,627
Vacancy rate (assumption) assumption8.0%

$117,627 × 8.0% = $9,410

Effective gross income$9,018$108,217
Property tax (placeholder 1.9% of price)$1,227$14,725
Insurance (est. scaled by flood & wind risk)$775$9,300
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$490$5,881
Total operating expenses$2,492$29,906
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$108,217
Total operating expenses derived$29,906

$108,217 − $29,906 = $78,310

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$620,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$620,000 amortized at 6.7% over 30 years = $3,984/mo

CapEx reserve (5.0% of GSR)$490$5,881
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$78,310
Annual debt service derived$47,811
Annual CapEx reserve assumption$5,881
Annual PMI assumption$0

($78,310 − $47,811 − $5,881 − $0) ÷ 12 = $2,051

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$78,310
Purchase price data$775,000

$78,310 ÷ $775,000 = 10.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$24,617
Total cash to close derived$193,750

$24,617 ÷ $193,750 = 12.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$78,310
Annual debt service derived$47,811

$78,310 ÷ $47,811 = 1.64

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$117,627
Purchase price data$775,000

($117,627 ÷ 12) ÷ $775,000 = 1.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$775,000
Gross scheduled rent (annual) comp$117,627

$775,000 ÷ $117,627 = 6.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$29,906
Effective gross income derived$108,217

$29,906 ÷ $108,217 = 27.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$29,906
Annual debt service derived$47,811
Annual PMI assumption$0
Gross scheduled rent (annual) comp$117,627

($29,906 + $47,811 + $0) ÷ $117,627 = 66.1%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
7028 SW 21st Stmulti_family642,540$750,0002026-07-22
5924 Coral Waymulti_family331,820$2,000,0002026-06-11
2275 SW 61st Avemulti_family$1,017,5002026-04-15
7056 SW 22nd Stmulti_family2,664$860,0002026-02-27
7401 SW 21st Stmulti_family1,694$685,0002026-02-23
7200 SW 22nd Stmulti_family522,150$650,0002026-02-10
7415 SW 23rd Stmulti_family1,296$750,0002025-12-12
7046 SW 22nd Stmulti_family1,700$830,0002025-11-26
6750 SW 21st Stmulti_family1,500$740,0002025-11-10
7080 SW 22nd Stmulti_family1,936$670,0002025-10-22

Widened to city-wide. 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
5204 N Miami Avemulti_family742,943$1,850,000
7745 SW 54th Avesingle_family795,797$5,395,000
multi_family743,931$775,000
2283 NW 35th Stmulti_family742,700$765,000
12701 SW 80th Stsingle_family753,420$1,100,000
300 Biscayne Blvd Way Apt 6301condos71419,868$75,000,000
12231 SW 1st Stsingle_family764,731$1,550,000
12141 Walsh Blvdsingle_family774,102$2,350,000

10-year hold projection

IRR21.4%
Equity multiple4.20x
Total return (10yr)$720,355
YearProperty valueNOICash flowLoan balanceEquity
1$798,250$78,310$24,617$613,278$184,972
2$822,198$80,809$26,969$606,094$216,104
3$846,863$83,387$29,396$598,417$248,447
4$872,269$86,045$31,900$590,212$282,057
5$898,437$88,788$34,484$581,445$316,993
6$925,391$91,616$37,151$572,075$353,316
7$953,152$94,534$39,902$562,062$391,091
8$981,747$97,543$42,741$551,361$430,386
9$1,011,199$100,647$45,670$539,925$471,274
10$1,041,535$103,849$48,693$527,704$513,831
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.