4221 SW 164th Ct
Miami, FL 33185 · townhomes · For Sale · 42 days on market
Asking price$610,000
4 beds 3 baths 1,604 sqft
Suggested offer$463,380$146,620 above the est. market value of $463,380.
View on Realtor.com →Listed by Mariela Garriga · Outclass Realty, LLC.
Typetownhomes
Built2013
Price / sqft$380
Est. value (own analysis)$463,380
Rent estimate (own analysis)$3,450/mo
HOA$55/mo
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Statusfor_sale
Listed date2026-07-22
Removed date—
MLSMiamiMLS #A12058306
Coordinates25.72692, -80.45983
Address4221 SW 164th Ct
CityMiami
StateFL
Zip33185
Listing ID6896875455
Sourceus-real-estate-listings, cached 2026-08-25
ZIP market snapshot (33185)
Typical home value (ZHVI)$677,356
Typical rent (ZORI)$3,519/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $610,000 |
| Down payment (20.0%) | $122,000 |
| Loan amount | $488,000 |
| Closing costs (5.0%) | $30,500 |
| Total cash to close | $152,500 |
| Income | |
| Rent (comp-derived) | $3,450$41,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,174$38,088 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $966$11,590 |
| Insurance (placeholder 0.8% of price) | $407$4,880 |
| HOA dues | $55$660 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $173$2,070 |
| Total operating expenses | $1,600$19,200 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $173$2,070 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 2 | 1,490 | $3,400 | 2026-08-18 | — | |
| townhomes | 4 | 3 | 1,870 | $3,500 | 2026-08-04 | — | |
| townhomes | 4 | 3 | 1,985 | $3,300 | 2026-08-24 | — | |
| townhomes | 4 | 3 | 1,870 | $5,000 | 2026-08-31 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 4453 SW 163rd Pl | townhomes | 4 | 2 | 1,490 | $540,000 | 2026-07-21 |
| 16250 SW 44th Ln | townhomes | 4 | 3 | 2,307 | $605,000 | 2026-07-10 |
| 16327 SW 45th Ter | townhomes | 4 | 2 | 1,837 | $412,000 | 2026-07-02 |
| 16420 SW 48th Ter | townhomes | 4 | 3 | 1,846 | $610,000 | 2026-05-26 |
| 16371 SW 44th Ter | townhomes | 4 | 2 | 1,704 | $540,000 | 2026-05-20 |
| 4760 SW 163rd Pl | townhomes | 4 | 2 | 1,327 | $569,000 | 2026-04-20 |
| 2429 SW 153rd Pass | townhomes | 4 | 3 | 1,959 | $599,000 | 2026-04-10 |
| 14954 SW 41st Ln | townhomes | 4 | 3 | 1,870 | $520,000 | 2026-03-20 |
| 4268 SW 166th Ct | townhomes | 4 | 4 | 2,025 | $595,000 | 2026-03-05 |
| 4161 SW 149th Ct | townhomes | 4 | 3 | 1,870 | $520,000 | 2025-12-01 |
| 4244 SW 166th Ct | townhomes | 4 | 3 | 2,025 | $575,000 | 2025-11-14 |
| 14709 SW 25th St Unit 14709 | townhomes | 4 | 4 | 1,980 | $560,000 | 2025-10-15 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1733 SW 151st Pl | single_family | 4 | 4 | 3,043 | $1,197,000 | — |
| 15624 SW 20th St | single_family | 4 | 4 | 2,526 | $950,000 | — |
| 15429 SW 36th Ter | single_family | 4 | 3 | 2,287 | $739,900 | — |
| 15144 SW 20th St | single_family | 4 | 4 | 3,043 | $860,000 | — |
| 3121 SW 156th Ave | single_family | 4 | 3 | 2,997 | $1,100,000 | — |
| 4863 SW 148th Ct | single_family | 4 | 3 | 2,261 | $699,999 | — |
| townhomes | 4 | 3 | 1,718 | $590,000 | — | |
| 15753 SW 43rd St | single_family | 4 | 3 | 2,328 | $890,000 | — |
10-year hold projection
IRR1.0%
Equity multiple1.16x
Total return (10yr)$104,453
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $628,300 | $18,888 | -$20,814 | $482,709 | $145,591 |
| 2 | $647,149 | $19,551 | -$20,203 | $477,055 | $170,094 |
| 3 | $666,563 | $20,236 | -$19,571 | $471,012 | $195,551 |
| 4 | $686,560 | $20,943 | -$18,918 | $464,554 | $222,006 |
| 5 | $707,157 | $21,675 | -$18,242 | $457,653 | $249,504 |
| 6 | $728,372 | $22,431 | -$17,543 | $450,278 | $278,093 |
| 7 | $750,223 | $23,213 | -$16,820 | $442,397 | $307,826 |
| 8 | $772,730 | $24,021 | -$16,072 | $433,974 | $338,755 |
| 9 | $795,912 | $24,855 | -$15,299 | $424,973 | $370,938 |
| 10 | $819,789 | $25,718 | -$14,499 | $415,354 | $404,435 |
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.