5045 SW 67th Ave

South Miami, FL 33155 · single_family · For Sale · 401 days on market
Asking price$2,795,000
5 beds 6 baths 5,693 sqft
Suggested offer$2,543,006$251,994 above the est. market value of $2,543,006.
View on Realtor.com →
Listed by Alba Hurtado · Jardack Commercial Realty Corp
Typesingle_family
Built2005
Price / sqft$491
Est. value (own analysis)$2,543,006
Rent estimate (own analysis)$10,100/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-07-28
Removed date
MLSMiamiMLS #A11848231
Coordinates25.72313, -80.30216
Address5045 SW 67th Ave
CitySouth Miami
StateFL
Zip33155
Listing ID6910876629
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$2,795,000
Down payment (20.0%)$559,000
Loan amount$2,236,000
Closing costs (5.0%)$139,750
Total cash to close$698,750
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)$4,425$53,105
Insurance (placeholder 0.8% of price)$1,863$22,360
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$505$6,060
Total operating expenses$6,794$81,525
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$111,504
Total operating expenses derived$81,525

$111,504 − $81,525 = $29,979

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$2,236,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,236,000 amortized at 6.7% over 30 years = $14,369/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$29,979
Annual debt service derived$172,430
Annual CapEx reserve assumption$6,060
Annual PMI assumption$0

($29,979 − $172,430 − $6,060 − $0) ÷ 12 = -$12,376

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,979
Purchase price data$2,795,000

$29,979 ÷ $2,795,000 = 1.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$148,511
Total cash to close derived$698,750

-$148,511 ÷ $698,750 = -21.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,979
Annual debt service derived$172,430

$29,979 ÷ $172,430 = 0.17

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$2,795,000

($121,200 ÷ 12) ÷ $2,795,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,795,000
Gross scheduled rent (annual) comp$121,200

$2,795,000 ÷ $121,200 = 23.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$81,525
Effective gross income derived$111,504

$81,525 ÷ $111,504 = 73.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$81,525
Annual debt service derived$172,430
Annual PMI assumption$0
Gross scheduled rent (annual) comp$121,200

($81,525 + $172,430 + $0) ÷ $121,200 = 209.5%

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
6359 SW 34th Stsingle_family564,902$3,249,000
7390 SW 30th Tersingle_family532,030$1,190,000

10-year hold projection

IRR-4.3%
Equity multiple0.29x
Total return (10yr)-$133,170
YearProperty valueNOICash flowLoan balanceEquity
1$2,878,850$29,979-$148,511$2,211,757$667,093
2$2,965,216$31,286-$147,355$2,185,849$779,367
3$3,054,172$32,642-$146,154$2,158,162$896,010
4$3,145,797$34,050-$144,906$2,128,573$1,017,224
5$3,240,171$35,510-$143,608$2,096,953$1,143,218
6$3,337,376$37,026-$142,260$2,063,161$1,274,215
7$3,437,497$38,598-$140,860$2,027,049$1,410,449
8$3,540,622$40,228-$139,405$1,988,457$1,552,166
9$3,646,841$41,920-$137,894$1,947,214$1,699,627
10$3,756,246$43,674-$136,324$1,903,140$1,853,106
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.