6359 SW 34th St

Miami, FL 33155 · single_family · For Sale · 53 days on market
Asking price$3,249,000
5 beds 6 baths 4,902 sqft
Suggested offer$2,189,674$1,059,326 above the est. market value of $2,189,674.
View on Realtor.com →
Listed by Bibiana Pelaez · Canvas Real Estate
Typesingle_family
Built2026
Price / sqft$663
Est. value (own analysis)$2,189,674
Rent estimate (own analysis)$10,100/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-11
Removed date
MLSMiamiMLS #A12051607
Coordinates25.73885, -80.29813
Address6359 SW 34th St
CityMiami
StateFL
Zip33155
Listing ID6830336704
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$3,249,000
Down payment (20.0%)$649,800
Loan amount$2,599,200
Closing costs (5.0%)$162,450
Total cash to close$812,250
Rent (comp-derived)$10,100$121,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$121,200
Vacancy rate (assumption) assumption8.0%

$121,200 × 8.0% = $9,696

Effective gross income$9,292$111,504
Property tax (placeholder 1.9% of price)$5,144$61,731
Insurance (placeholder 0.8% of price)$2,166$25,992
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$505$6,060
Total operating expenses$7,815$93,783
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$111,504
Total operating expenses derived$93,783

$111,504 − $93,783 = $17,721

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$2,599,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,599,200 amortized at 6.7% over 30 years = $16,703/mo

CapEx reserve (5.0% of GSR)$505$6,060
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$17,721
Annual debt service derived$200,438
Annual CapEx reserve assumption$6,060
Annual PMI assumption$0

($17,721 − $200,438 − $6,060 − $0) ÷ 12 = -$15,731

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,721
Purchase price data$3,249,000

$17,721 ÷ $3,249,000 = 0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$188,777
Total cash to close derived$812,250

-$188,777 ÷ $812,250 = -23.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,721
Annual debt service derived$200,438

$17,721 ÷ $200,438 = 0.09

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$121,200
Purchase price data$3,249,000

($121,200 ÷ 12) ÷ $3,249,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,249,000
Gross scheduled rent (annual) comp$121,200

$3,249,000 ÷ $121,200 = 26.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$93,783
Effective gross income derived$111,504

$93,783 ÷ $111,504 = 84.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$93,783
Annual debt service derived$200,438
Annual PMI assumption$0
Gross scheduled rent (annual) comp$121,200

($93,783 + $200,438 + $0) ÷ $121,200 = 242.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family533,002$12,0002026-08-19
single_family582,326$8,2002026-07-13
single_family533,780$15,0002024-10-29
single_family544,084$17,0002025-11-14
single_family521,974$5,000
single_family532,442$6,5002026-08-30

5801 SW 44th Ter

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,002
Listed2026-08-19
Days on market

Asking rent: $12,000

View on Zillow →

6790 SW 54th St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 8 ba
Square footage2,326
Listed2026-07-13
Days on market

Asking rent: $8,200

View on Zillow →

7350 SW 31st St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,780
Listed2024-10-29
Days on market

Asking rent: $15,000

View on Zillow →

7521 SW 56th St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage4,084
Listed2025-11-14
Days on market

Asking rent: $17,000

View on Zillow →

2120 SW 84th Ave

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,974
Listed
Days on market

Asking rent: $5,000

View on Zillow →

2216 SW 62nd Ave Unit 0

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,442
Listed2026-08-30
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
7840 SW 18th Tersingle_family542,586$1,120,0002026-08-07
2725 SW 82nd Avesingle_family542,251$810,0002026-07-23
5785 SW 46th Tersingle_family542,053$1,670,0002026-07-10
6810 SW 51st Stsingle_family531,889$1,100,0002026-06-18
1715 SW 84th Avesingle_family532,289$745,0002026-06-16
7731 SW 18th Tersingle_family542,184$917,0002026-06-11
6521 SW 31st Stsingle_family531,840$1,020,0002026-06-08
5815 SW 27th Stsingle_family543,790$2,050,0002026-04-01
8370 SW 46th Stsingle_family531,955$935,0002026-03-31
2930 SW 79th Ctsingle_family552,863$1,275,0002026-03-23
6480 SW 37th Stsingle_family541,844$348,0002026-03-16
6301 Coral Lake Drsingle_family532,980$1,735,0002026-02-24
7815 SW 21st Tersingle_family532,456$795,0002026-02-24
7410 SW 39th Stsingle_family531,607$720,0002026-02-23

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
2000 SW 84th Avesingle_family531,845$885,000
2920 SW 69th Avesingle_family552,457$825,000
2231 SW 57th Ctsingle_family532,692$650,000
2216 SW 62nd Avesingle_family532,442$910,000
6560 SW 34th Stsingle_family541,949$825,000
5766 SW 41st Stsingle_family553,500$1,250,000
7390 SW 30th Tersingle_family532,030$1,190,000
5854 SW 30th Stsingle_family563,904$4,250,000

10-year hold projection

IRR-5.6%
Equity multiple0.06x
Total return (10yr)-$340,378
YearProperty valueNOICash flowLoan balanceEquity
1$3,346,470$17,721-$188,777$2,571,019$775,451
2$3,446,864$18,722-$187,928$2,540,903$905,962
3$3,550,270$19,764-$187,041$2,508,718$1,041,552
4$3,656,778$20,849-$186,114$2,474,324$1,182,455
5$3,766,481$21,980-$185,147$2,437,567$1,328,914
6$3,879,476$23,157-$184,137$2,398,286$1,481,190
7$3,995,860$24,382-$183,084$2,356,308$1,639,552
8$4,115,736$25,657-$181,984$2,311,448$1,804,288
9$4,239,208$26,984-$180,837$2,263,506$1,975,702
10$4,366,384$28,365-$179,641$2,212,273$2,154,112
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.