31304 SW 191 Ave
Miami, FL 33030 · townhomes · For Sale · 7 days on market
Asking price$565,690
4 beds 3 baths 2,345 sqft
Suggested offer$523,803$41,887 above the est. market value of $523,803.
View on Realtor.com →Listed by Coral Breeze - Solea Collection
Typetownhomes
Built—
Price / sqft$241
Est. value (own analysis)$523,803
Rent estimate (own analysis)$3,825/mo
HOANone
1 / 25
Show every detail
Statusfor_sale
Listed date2026-08-27
Removed date—
MLSLennar #2514660130B
Coordinates—
Address31304 SW 191 Ave
CityMiami
StateFL
Zip33030
Listing ID9139149101
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33030)
Typical home value (ZHVI)$521,479
Typical rent (ZORI)$2,465/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 | $565,690 |
| Down payment (20.0%) | $113,138 |
| Loan amount | $452,552 |
| Closing costs (5.0%) | $28,285 |
| Total cash to close | $141,423 |
| Income | |
| Rent (comp-derived) | $3,825$45,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,519$42,228 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $896$10,748 |
| Insurance (placeholder 0.8% of price) | $377$4,526 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $191$2,295 |
| Total operating expenses | $1,464$17,569 |
| 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) | $191$2,295 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 4 | 2,086 | $4,200 | 2026-08-19 | — | |
| townhomes | 4 | 3 | 1,920 | $3,800 | 2026-08-31 | — | |
| townhomes | 4 | 3 | 1,985 | $3,500 | 2026-08-17 | — | |
| townhomes | 4 | 4 | 1,946 | $5,800 | 2026-08-17 | — | |
| townhomes | 4 | 3 | 2,312 | $3,400 | 2026-08-13 | — | |
| townhomes | 4 | 3 | 1,976 | $4,500 | 2026-08-13 | — | |
| townhomes | 4 | 3 | 1,820 | $4,100 | 2026-08-11 | — | |
| townhomes | 4 | 3 | 1,708 | $3,600 | 2026-08-11 | — | |
| townhomes | 4 | 3 | 2,312 | $3,400 | 2026-08-07 | — | |
| townhomes | 4 | 3 | 1,774 | $4,000 | 2026-08-06 | — | |
| townhomes | 4 | 4 | 2,532 | $8,700 | 2026-08-05 | — | |
| townhomes | 4 | 5 | 2,988 | $10,500 | 2026-07-27 | — | |
| townhomes | 4 | 3 | 2,312 | $3,350 | 2026-07-20 | — | |
| townhomes | 4 | 3 | 1,920 | $3,850 | 2026-07-19 | — | |
| townhomes | 4 | 3 | 1,920 | $4,300 | 2026-07-18 | — | |
| townhomes | 4 | 3 | 1,793 | $3,500 | 2026-07-17 | — | |
| townhomes | 4 | 2 | 1,848 | $3,950 | 2026-07-16 | — | |
| townhomes | 4 | 5 | 2,750 | $8,999 | 2026-07-13 | — | |
| townhomes | 4 | 3 | 2,312 | $3,200 | 2026-07-11 | — | |
| townhomes | 4 | 3 | 2,123 | $5,000 | 2026-07-06 | — | |
| townhomes | 4 | 3 | 2,312 | $3,350 | 2026-06-29 | — | |
| townhomes | 4 | 3 | 1,876 | $3,500 | 2026-05-22 | — | |
| townhomes | 4 | 4 | 2,086 | $4,500 | 2026-06-23 | — | |
| townhomes | 4 | 4 | 2,238 | $10,900 | 2026-06-22 | — | |
| townhomes | 4 | 3 | 1,820 | $4,200 | 2026-06-22 | — | |
| townhomes | 4 | 3 | 1,793 | $3,595 | 2026-06-18 | — | |
| townhomes | 4 | 4 | 2,313 | $4,000 | 2026-06-17 | — | |
| townhomes | 4 | 3 | 1,876 | $3,450 | 2026-06-10 | — | |
| townhomes | 4 | 3 | 1,820 | $3,000 | 2026-06-05 | — | |
| townhomes | 4 | 3 | 2,312 | $3,300 | 2026-05-20 | — | |
| townhomes | 4 | 3 | 1,870 | $3,500 | 2026-08-04 | — | |
| townhomes | 4 | 3 | 2,300 | $4,300 | 2026-08-04 | — | |
| townhomes | 4 | 3 | 2,000 | $3,300 | 2026-07-31 | — | |
| townhomes | 4 | 4 | 1,710 | $3,150 | 2026-07-30 | — | |
| townhomes | 4 | 3 | 2,308 | $4,050 | 2026-07-29 | — | |
| townhomes | 4 | 3 | 1,827 | $3,350 | 2026-07-27 | — | |
| townhomes | 4 | 3 | 1,985 | $3,300 | 2026-08-24 | — | |
| townhomes | 4 | 3 | 1,920 | $3,850 | 2026-08-22 | — | |
| townhomes | 4 | 3 | 1,899 | $3,500 | 2026-03-11 | — | |
| townhomes | 4 | 3 | 1,920 | $3,950 | 2026-02-27 | — | |
| townhomes | 4 | 3 | 1,828 | $3,200 | 2026-02-26 | — | |
| townhomes | 4 | 3 | 3,024 | $3,750 | 2026-04-09 | — | |
| townhomes | 4 | 3 | 1,920 | $4,400 | 2026-03-19 | — | |
| townhomes | 4 | 5 | 2,757 | $18,000 | 2024-10-22 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 31437 SW 192 Ave | townhomes | 4 | 4 | 2,356 | $508,850 | 2026-08-31 |
| 761 SE 2nd St | townhomes | 3 | 3 | 1,378 | $318,000 | 2026-08-11 |
| 64 SW 15th Ter | townhomes | 3 | 2 | 1,189 | $340,000 | 2026-08-03 |
| 136 SW 15th Rd | townhomes | 3 | 2 | 1,115 | $200,000 | 2026-07-20 |
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 |
|---|---|---|---|---|---|---|
| 28544 SW 176th Ave. | single_family | 4 | 3 | 2,648 | $805,990 | — |
| SW 288 St & 177th Ave | single_family | 4 | 3 | 3,108 | $789,990 | — |
| 31353 SW 192 Ave | townhomes | 4 | 4 | 2,356 | $518,850 | — |
| 18856 SW 314th St | single_family | 4 | 3 | 2,072 | $540,640 | — |
| 17568 SW 286 St | single_family | 4 | 3 | 3,108 | $790,640 | — |
| SW 288 St & 177th Ave | single_family | 4 | 3 | 2,648 | $853,990 | — |
| 31415 SW 192 Ave | townhomes | 4 | 3 | 2,345 | $515,690 | — |
| 31413 SW 192 Ave | townhomes | 4 | 3 | 2,356 | $518,850 | — |
10-year hold projection
IRR4.4%
Equity multiple1.71x
Total return (10yr)$174,489
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $582,661 | $24,659 | -$12,534 | $447,645 | $135,015 |
| 2 | $600,141 | $25,487 | -$11,764 | $442,402 | $157,739 |
| 3 | $618,145 | $26,342 | -$10,968 | $436,798 | $181,347 |
| 4 | $636,689 | $27,224 | -$10,146 | $430,810 | $205,880 |
| 5 | $655,790 | $28,136 | -$9,296 | $424,410 | $231,380 |
| 6 | $675,463 | $29,077 | -$8,419 | $417,571 | $257,893 |
| 7 | $695,727 | $30,048 | -$7,512 | $410,262 | $285,466 |
| 8 | $716,599 | $31,052 | -$6,575 | $402,451 | $314,148 |
| 9 | $738,097 | $32,088 | -$5,607 | $394,104 | $343,993 |
| 10 | $760,240 | $33,157 | -$4,608 | $385,184 | $375,057 |
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.