6351 SW 39th St
Miami, FL 33155 · single_family · For Sale · 23 days on market
Asking price$1,295,000
3 beds 2 baths 1,509 sqft
Suggested offer$716,632$578,368 above the est. market value of $716,632.
View on Realtor.com →Listed by Barbara Estela · Douglas Elliman
Typesingle_family
Built2004
Price / sqft$858
Est. value (own analysis)$716,632
Rent estimate (own analysis)$4,400/mo
HOANone
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Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12056649
Coordinates25.73531, -80.29793
Address6351 SW 39th St
CityMiami
StateFL
Zip33155
Listing ID6921638263
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,295,000 |
| Down payment (20.0%) | $259,000 |
| Loan amount | $1,036,000 |
| Closing costs (5.0%) | $64,750 |
| Total cash to close | $323,750 |
| Income | |
| Rent (comp-derived) | $4,400$52,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,048$48,576 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,050$24,605 |
| Insurance (placeholder 0.8% of price) | $863$10,360 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $220$2,640 |
| Total operating expenses | $3,134$37,605 |
| 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) | $220$2,640 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,148 | $3,900 | 2026-08-21 | — | |
| single_family | 3 | 2 | 1,804 | $4,800 | 2026-08-17 | — | |
| single_family | 3 | 2 | 1,042 | $3,500 | 2026-08-10 | — | |
| single_family | 3 | 2 | 1,261 | $4,250 | 2026-08-10 | — | |
| single_family | 3 | 2 | 1,160 | $3,800 | 2026-07-20 | — | |
| single_family | 3 | 2 | 1,432 | $4,500 | 2026-07-09 | — | |
| single_family | 3 | 1 | 1,565 | $3,500 | 2026-07-06 | — | |
| single_family | 3 | 1 | 1,315 | $4,295 | 2026-09-01 | — | |
| single_family | 3 | 2 | 1,743 | $5,200 | 2026-07-01 | — | |
| single_family | 3 | 2 | 1,490 | $8,950 | 2026-06-17 | — | |
| single_family | 3 | 2 | 1,851 | $3,995 | 2026-06-17 | — | |
| single_family | 3 | 1 | 1,200 | $2,800 | 2026-06-15 | — | |
| single_family | 3 | 2 | 1,818 | $5,900 | 2026-06-01 | — | |
| single_family | 3 | 2 | 1,985 | $5,000 | 2026-05-05 | — | |
| single_family | 3 | 2 | 1,722 | $4,600 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,735 | $5,500 | 2026-07-30 | — | |
| single_family | 3 | 2 | 1,165 | $4,595 | 2025-10-31 | — | |
| single_family | 3 | 2 | 1,346 | $5,800 | 2026-04-16 | — | |
| single_family | 3 | 2 | 1,737 | $4,300 | 2026-04-01 | — | |
| single_family | 3 | 2 | 1,650 | $6,900 | 2023-05-19 | — | |
| single_family | 3 | 2 | 1,526 | $4,000 | — | — | |
| single_family | 3 | 3 | 1,270 | $3,200 | — | — | |
| single_family | 3 | 2 | 1,465 | $3,749 | — | — | |
| single_family | 3 | 2 | 1,302 | $3,500 | — | — | |
| single_family | 3 | 2 | 1,113 | $3,599 | — | — | |
| single_family | 3 | 3 | 1,605 | $6,300 | — | — | |
| single_family | 3 | 2 | 1,570 | $3,700 | 2026-08-28 | — | |
| single_family | 3 | 1 | 1,082 | $4,500 | 2026-08-28 | — | |
| single_family | 3 | 3 | 1,750 | $8,500 | 2026-08-26 | — | |
| single_family | 3 | 2 | 1,132 | $3,750 | 2026-08-29 | — | |
| single_family | 3 | 2 | 1,526 | $5,250 | 2026-09-01 | — | |
| single_family | 3 | 3 | 1,500 | $4,500 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 8231 SW 30th St | single_family | 3 | 1 | 1,650 | $610,000 | 2026-08-31 |
| 1930 SW 82nd Ave | single_family | 3 | 2 | 1,346 | $563,000 | 2026-08-31 |
| 3945 SW 61st Ave | single_family | 3 | 2 | 1,676 | $859,000 | 2026-08-28 |
| 8625 SW 44th St | single_family | 3 | 2 | — | $935,000 | 2026-08-27 |
| 6342 SW 39th Ter | single_family | 3 | 2 | 2,085 | $690,000 | 2026-08-25 |
| 8371 SW 27th Ter | single_family | 3 | 3 | 1,955 | $660,000 | 2026-08-21 |
| 6382 SW 38th St | single_family | 3 | 2 | 1,010 | $730,000 | 2026-08-14 |
| 3124 SW 63rd Ave | single_family | 3 | 2 | 2,605 | $765,000 | 2026-08-14 |
| 2940 SW 63rd Ave | single_family | 3 | 3 | 4,159 | $2,525,000 | 2026-08-12 |
| 5745 SW 54th Ter | single_family | 3 | 1 | 1,382 | $1,200,000 | 2026-08-07 |
| 5959 SW 16th Ter | single_family | 3 | 2 | 1,767 | $700,000 | 2026-08-04 |
| 2209 SW 57th Ct | single_family | 3 | 3 | 1,612 | $795,000 | 2026-08-04 |
| 2016 SW 58th Ct | single_family | 3 | 2 | 1,811 | $615,000 | 2026-08-03 |
| 3250 SW 68th Ave | single_family | 3 | 2 | 1,075 | $705,000 | 2026-07-31 |
| 7500 SW 16th St | single_family | 3 | 2 | 2,283 | $700,000 | 2026-07-31 |
| 1700 SW 82nd Ave | single_family | 3 | 1 | 1,456 | $720,000 | 2026-07-28 |
| 7525 SW 30th St | single_family | 3 | 1 | 936 | $435,000 | 2026-07-28 |
| 8030 SW 36th St | single_family | 3 | 2 | 2,184 | $705,000 | 2026-07-27 |
| 6121 SW 26th St | single_family | 3 | 3 | 1,922 | $995,000 | 2026-07-24 |
| 1700 SW 71st Ct | single_family | 3 | 2 | 1,436 | $557,000 | 2026-07-23 |
| 6332 SW 28th St | single_family | 3 | 3 | 2,373 | $1,375,000 | 2026-07-23 |
| 5825 SW 46th Ter | single_family | 3 | 2 | 1,669 | $1,300,000 | 2026-07-21 |
| 5889 Devonshire Blvd | single_family | 3 | 2 | 1,594 | $835,000 | 2026-07-20 |
| 3720 SW 86th Ave | single_family | 3 | 2 | 2,116 | $850,000 | 2026-07-16 |
| 5870 SW 46th Ter | single_family | 3 | 2 | 2,200 | $1,292,000 | 2026-07-16 |
| 8415 SW 44th St | single_family | 3 | 2 | 1,669 | $700,000 | 2026-07-15 |
| 3900 SW 67th Ave | single_family | 3 | 2 | 1,525 | $699,900 | 2026-07-14 |
| 4200 SW 60th Ct | single_family | 3 | 1 | 1,844 | $1,100,000 | 2026-07-13 |
| 7305 SW 17th Ter | single_family | 3 | 1 | 1,194 | $585,000 | 2026-07-10 |
| 6070 SW 42nd St | single_family | 3 | 3 | 1,608 | $1,100,000 | 2026-07-06 |
| 6491 SW 18th St | single_family | 3 | 2 | 1,505 | $535,828 | 2026-06-30 |
| 7855 SW 22nd St | single_family | 3 | 2 | 1,325 | $690,000 | 2026-06-30 |
| 5772 SW 30th St | single_family | 3 | 1 | 1,363 | $1,175,000 | 2026-06-26 |
| 6290 SW 37th St | single_family | 3 | 2 | 1,853 | $880,000 | 2026-06-25 |
| 7335 SW 17th Ter | single_family | 3 | 1 | 1,834 | $520,000 | 2026-06-23 |
| 7215 SW 23rd St | single_family | 3 | 2 | 1,795 | $675,000 | 2026-06-22 |
| 4117 SW 62nd Ave | single_family | 3 | 2 | 1,184 | $780,000 | 2026-06-16 |
| 8380 SW 43rd Ter | single_family | 3 | 2 | 1,532 | $650,000 | 2026-06-15 |
| 6900 SW 22nd St | single_family | 3 | 2 | 1,380 | $690,000 | 2026-06-15 |
| 6131 Coral Way | single_family | 3 | 3 | 1,416 | $660,000 | 2026-06-12 |
| 3911 SW 61st Ave | single_family | 3 | 3 | 1,510 | $891,000 | 2026-06-10 |
| 6201 SW 36th St | single_family | 3 | 2 | 1,759 | $1,000,000 | 2026-06-08 |
| 4200 SW 60th Ct | single_family | 3 | 2 | 1,844 | $1,100,000 | 2026-06-08 |
| 5961 SW 46th Ter | single_family | 3 | 2 | 1,980 | $900,000 | 2026-06-05 |
| 2701 Red Rd | single_family | 3 | 2 | 1,862 | $250,000 | 2026-06-03 |
| 6895 SW 16th St | single_family | 3 | 2 | 1,425 | $700,000 | 2026-06-02 |
| 8341 SW 27th Ln | single_family | 3 | 2 | 1,203 | $770,000 | 2026-06-01 |
| 6235 Coral Way | single_family | 3 | 2 | 1,600 | $565,000 | 2026-05-28 |
| 6470 SW 27th St | single_family | 3 | 2 | 2,230 | $875,000 | 2026-05-28 |
| 6300 SW 41st St | single_family | 3 | 2 | 1,614 | $720,000 | 2026-05-28 |
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 |
|---|---|---|---|---|---|---|
| 3815 SW 82nd Ave Apt 41 | townhomes | 3 | 2 | 1,113 | $549,999 | — |
| 6566 SW 52nd Ter | single_family | 3 | 3 | 1,408 | $1,000,000 | — |
| 3240 SW 84th Ave | single_family | 3 | 1 | 1,098 | $619,990 | — |
| 2635 SW 64th Ave | single_family | 3 | 2 | 1,718 | $1,299,999 | — |
| 6561 SW 34th St | single_family | 3 | 1 | 804 | $655,000 | — |
| 2825 SW 79th Ct | single_family | 3 | 3 | 3,434 | $1,250,000 | — |
| 2053 SW 60th Ave | multi_family | 3 | 2 | 1,348 | $779,900 | — |
| 2830 SW 63rd Ave | single_family | 3 | 2 | 1,036 | $785,000 | — |
10-year hold projection
IRR-4.9%
Equity multiple0.19x
Total return (10yr)-$93,330
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,333,850 | $10,971 | -$71,560 | $1,024,768 | $309,082 |
| 2 | $1,373,866 | $11,488 | -$71,109 | $1,012,764 | $361,102 |
| 3 | $1,415,081 | $12,026 | -$70,639 | $999,936 | $415,146 |
| 4 | $1,457,534 | $12,584 | -$70,150 | $986,226 | $471,307 |
| 5 | $1,501,260 | $13,164 | -$69,642 | $971,576 | $529,684 |
| 6 | $1,546,298 | $13,766 | -$69,112 | $955,919 | $590,378 |
| 7 | $1,592,687 | $14,392 | -$68,561 | $939,188 | $653,499 |
| 8 | $1,640,467 | $15,042 | -$67,988 | $921,307 | $719,160 |
| 9 | $1,689,681 | $15,717 | -$67,391 | $902,198 | $787,483 |
| 10 | $1,740,372 | $16,417 | -$66,771 | $881,778 | $858,594 |
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.