1367 SE 26th Ter

Homestead, FL 33035 · single_family · For Sale · 49 days on market
Asking price$500,000
3 beds 3 baths 2,024 sqft
View on Realtor.com →
Listed by Monika Tefel · Coldwell Banker Realty
Typesingle_family
Built2020
Price / sqft$247
Est. value (own analysis)$528,593
Rent estimate (own analysis)$2,950/mo
HOA$239/mo
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Neighborhood

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Statusfor_sale
Listed date2026-07-15
Removed date
MLSMiamiMLS #A12053159
Coordinates25.45725, -80.43737
Address1367 SE 26th Ter
CityHomestead
StateFL
Zip33035
Listing ID9114919956
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33035)

Typical home value (ZHVI)$331,237
Typical rent (ZORI)$2,328/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$500,000
Down payment (20.0%)$100,000
Loan amount$400,000
Closing costs (5.0%)$25,000
Total cash to close$125,000
Rent (comp-derived)$2,950$35,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$35,400
Vacancy rate (assumption) assumption8.0%

$35,400 × 8.0% = $2,832

Effective gross income$2,714$32,568
Property tax (placeholder 1.9% of price)$792$9,500
Insurance (placeholder 0.8% of price)$333$4,000
HOA dues$239$2,868
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$148$1,770
Total operating expenses$1,512$18,138
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,568
Total operating expenses derived$18,138

$32,568 − $18,138 = $14,430

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$400,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$400,000 amortized at 6.7% over 30 years = $2,571/mo

CapEx reserve (5.0% of GSR)$148$1,770
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$14,430
Annual debt service derived$30,846
Annual CapEx reserve assumption$1,770
Annual PMI assumption$0

($14,430 − $30,846 − $1,770 − $0) ÷ 12 = -$1,516

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,430
Purchase price data$500,000

$14,430 ÷ $500,000 = 2.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$18,186
Total cash to close derived$125,000

-$18,186 ÷ $125,000 = -14.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,430
Annual debt service derived$30,846

$14,430 ÷ $30,846 = 0.47

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$35,400
Purchase price data$500,000

($35,400 ÷ 12) ÷ $500,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$500,000
Gross scheduled rent (annual) comp$35,400

$500,000 ÷ $35,400 = 14.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,138
Effective gross income derived$32,568

$18,138 ÷ $32,568 = 55.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,138
Annual debt service derived$30,846
Annual PMI assumption$0
Gross scheduled rent (annual) comp$35,400

($18,138 + $30,846 + $0) ÷ $35,400 = 138.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family331,736$3,150
single_family321,682$3,2502026-08-26
single_family321,693$3,5002026-08-26
single_family332,194$2,7502026-04-27
single_family331,736$3,1502026-04-21
single_family322,319$3,5002026-08-13
single_family331,328$2,5002026-06-17
single_family311,388$2,5002026-07-02
single_family321,336$2,9502026-08-14
single_family332,190$3,8002026-08-05
single_family331,780$3,3002026-07-08
single_family332,024$4,2002025-11-03
single_family331,452$2,600
single_family331,697$2,600
single_family331,715$3,100
single_family331,695$2,650
single_family322,319$3,500
single_family322,319$3,400
single_family331,400$2,4002026-07-04
single_family331,548$2,5502026-07-08
single_family331,612$2,6002026-06-27
single_family331,827$2,8002026-07-10
single_family321,442$2,6502026-07-03

833 SE 26th Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,736
Listed
Days on market

Asking rent: $3,150

View on Zillow →

1707 S Curlew Ln Unit 1707

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,682
Listed2026-08-26
Days on market

Asking rent: $3,250

View on Zillow →

2019 SE 13th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,693
Listed2026-08-26
Days on market

Asking rent: $3,500

View on Zillow →

1975 SE 14th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,194
Listed2026-04-27
Days on market

Asking rent: $2,750

View on Zillow →

833 SE 26th Rd Unit 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,736
Listed2026-04-21
Days on market

Asking rent: $3,150

View on Zillow →

2225 SE 30th St Unit 2225

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed2026-08-13
Days on market

Asking rent: $3,500

View on Zillow →

2624 SE 25th

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,328
Listed2026-06-17
Days on market

Asking rent: $2,500

View on Zillow →

1451 Egret Rd Unit 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,388
Listed2026-07-02
Days on market

Asking rent: $2,500

View on Zillow →

1901 SE 15th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed2026-08-14
Days on market

Asking rent: $2,950

View on Zillow →

2619 SE 24th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,190
Listed2026-08-05
Days on market

Asking rent: $3,800

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2651 SE 24th Dr

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,780
Listed2026-07-08
Days on market

Asking rent: $3,300

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1411 SE 26th Rd Unit 1411

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,024
Listed2025-11-03
Days on market

Asking rent: $4,200

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2205 SE 23rd Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,452
Listed
Days on market

Asking rent: $2,600

View on Zillow →

2613 SE 13th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,697
Listed
Days on market

Asking rent: $2,600

View on Zillow →

1133 SE 13th Ter

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,715
Listed
Days on market

Asking rent: $3,100

View on Zillow →

2662 SE 10th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,695
Listed
Days on market

Asking rent: $2,650

View on Zillow →

2225 SE 30th St # 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed
Days on market

Asking rent: $3,500

View on Zillow →

2265 SE 30th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed
Days on market

Asking rent: $3,400

View on Zillow →

2655 SE 28th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,400
Listed2026-07-04
Days on market

Asking rent: $2,400

View on Zillow →

1180 SE 26th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,548
Listed2026-07-08
Days on market

Asking rent: $2,550

View on Zillow →

18660 SE 26th Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,612
Listed2026-06-27
Days on market

Asking rent: $2,600

View on Zillow →

1120 SE 26th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,827
Listed2026-07-10
Days on market

Asking rent: $2,800

View on Zillow →

2615 SE 11th Pl

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,442
Listed2026-07-03
Days on market

Asking rent: $2,650

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
2445 SE 27th Rdsingle_family331,714$511,0002026-09-01
1579 S Goldeneye Lnsingle_family322,287$550,0002026-08-27
2073 SE 13th Stsingle_family321,494$410,0002026-08-24
1305 N Fieldlark Lnsingle_family321,317$420,0002026-08-24
1400 SE 26th Rdsingle_family332,024$495,0002026-08-11
1316 SE 18th Tersingle_family331,722$415,0002026-07-31
2445 SE 29th Drsingle_family332,527$651,1902026-07-29
1959 SE 10th Stsingle_family321,336$420,0002026-06-24
1652 Egret Rdsingle_family321,610$470,0002026-06-22
2435 SE 27th Rdsingle_family332,161$549,3192026-05-29
2428 SE 27th Tersingle_family322,190$545,2002026-05-28
1745 N Goldeneye Lnsingle_family321,655$542,0002026-05-11
1885 SE 13th Stsingle_family321,336$400,0002026-05-08
1151 SE 13th Tersingle_family321,474$320,0002026-05-07
2551 SE 16th Tersingle_family321,060$230,0002026-04-15
1988 SE 12th Stsingle_family321,494$432,0002026-04-13
1321 SE 16th Avesingle_family321,833$415,0002026-04-10
1510 SE 22nd Lnsingle_family331,919$470,0002026-04-06
1924 SE 17th Ctsingle_family321,833$425,0002026-04-01
1106 SE 13th Avesingle_family321,280$430,0002026-03-25
2111 SE 14th Cirsingle_family321,550$420,0002026-03-09
1433 SE 20th Rdsingle_family321,693$400,0002026-03-04
1370 Osprey Ctsingle_family321,110$390,0002026-02-13
2713 SE 15th Stsingle_family331,483$345,0002026-02-13
1939 SE 13th Stsingle_family331,693$405,0002026-02-10
2720 SE 24th Ctsingle_family321,780$497,8002026-02-03
2478 SE 25th Ctsingle_family321,780$595,6002026-01-22
2004 SE 15th Stsingle_family321,494$455,0002026-01-16
1387 SE 10th Stsingle_family331,715$468,0002026-01-12
2458 SE 27th Tersingle_family322,190$516,0002025-12-29
2725 Fairways Drsingle_family322,226$550,0002025-12-23
2544 SE 25th Ctsingle_family321,780$500,0002025-12-11
1020 SE 20th Rdsingle_family321,336$395,0002025-12-10
1441 SE 20th Rdsingle_family321,874$315,0002025-11-28
1089 SE 13th Tersingle_family321,275$420,0002025-11-24
1568 SE 20th Tersingle_family321,874$436,9002025-11-24
1727 Egret Rdsingle_family321,572$469,0002025-11-21
1431 SE 18th Tersingle_family331,693$450,0002025-11-21
1675 S Goldeneye Lnsingle_family321,808$483,0002025-11-05
2500 SE 25th Ctsingle_family322,190$535,6002025-11-04
1525 SE 20th Plsingle_family321,693$420,0002025-10-30
1912 SE 14th Stsingle_family321,336$420,0002025-10-21
1231 SE 16th Avesingle_family321,833$420,0002025-10-14
2075 SE 15th Stsingle_family321,494$430,0002025-10-03
1857 SE 20th Rdsingle_family332,374$620,0002025-09-25
2624 SE 25th Ctsingle_family322,190$550,0002025-09-10
1575 N Goldeneye Lnsingle_family321,808$470,0002025-09-05
2632 SE 25th Ctsingle_family322,190$527,7002025-09-05
1417 SE 22nd Lnsingle_family321,550$475,0002025-09-05

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
2455 SE 23rd Rdsingle_family322,161$569,990
2455 SE 23rd Roadsingle_family321,334$414,990
2455 SE 23rd Roadsingle_family321,828$458,990
2455 SE 23rd Roadsingle_family321,668$397,990
Palm Dr & 167th Avtownhomes321,651$444,990
2815 SE 16th Ave Unit 102condos321,166$189,000
1651 SE 31st Cttownhomes331,518$305,000
1543 SE 25th St Unit 204condos321,182$200,000

10-year hold projection

IRR0.4%
Equity multiple1.06x
Total return (10yr)$73,362
YearProperty valueNOICash flowLoan balanceEquity
1$515,000$14,430-$18,186$395,663$119,337
2$530,450$14,954-$17,707$391,028$139,422
3$546,364$15,495-$17,211$386,075$160,288
4$562,754$16,055-$16,697$380,782$181,972
5$579,637$16,635-$16,165$375,126$204,512
6$597,026$17,234-$15,615$369,080$227,946
7$614,937$17,853-$15,045$362,620$252,317
8$633,385$18,494-$14,456$355,716$277,669
9$652,387$19,157-$13,846$348,339$304,048
10$671,958$19,842-$13,215$340,454$331,504
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.