← Back to results

18903 SW 317th Ter

Homestead, FL 33030 · single_family · For Sale · 6 days on market
Asking price$794,990
5 beds 4 baths — sqft
View on Realtor.com →
Listed by Nitza Chamizo · Malibu Bay Realty
Typesingle_family
Built2025
Price / sqft—
Est. value (own analysis)$856,000
Rent estimate (own analysis)$4,100/mo
HOA$100/mo
Photo 1 of 18903 SW 317th TerPhoto 2 of 18903 SW 317th TerPhoto 3 of 18903 SW 317th TerPhoto 4 of 18903 SW 317th TerPhoto 5 of 18903 SW 317th TerPhoto 6 of 18903 SW 317th TerPhoto 7 of 18903 SW 317th TerPhoto 8 of 18903 SW 317th TerPhoto 9 of 18903 SW 317th TerPhoto 10 of 18903 SW 317th TerPhoto 11 of 18903 SW 317th TerPhoto 12 of 18903 SW 317th TerPhoto 13 of 18903 SW 317th TerPhoto 14 of 18903 SW 317th TerPhoto 15 of 18903 SW 317th TerPhoto 16 of 18903 SW 317th TerPhoto 17 of 18903 SW 317th TerPhoto 18 of 18903 SW 317th TerPhoto 19 of 18903 SW 317th TerPhoto 20 of 18903 SW 317th TerPhoto 21 of 18903 SW 317th TerPhoto 22 of 18903 SW 317th TerPhoto 23 of 18903 SW 317th TerPhoto 24 of 18903 SW 317th TerPhoto 25 of 18903 SW 317th TerPhoto 26 of 18903 SW 317th TerPhoto 27 of 18903 SW 317th TerPhoto 28 of 18903 SW 317th Ter
1 / 28
Photo 1 of 18903 SW 317th TerPhoto 2 of 18903 SW 317th TerPhoto 3 of 18903 SW 317th TerPhoto 4 of 18903 SW 317th TerPhoto 5 of 18903 SW 317th TerPhoto 6 of 18903 SW 317th TerPhoto 7 of 18903 SW 317th TerPhoto 8 of 18903 SW 317th TerPhoto 9 of 18903 SW 317th TerPhoto 10 of 18903 SW 317th TerPhoto 11 of 18903 SW 317th TerPhoto 12 of 18903 SW 317th TerPhoto 13 of 18903 SW 317th TerPhoto 14 of 18903 SW 317th TerPhoto 15 of 18903 SW 317th TerPhoto 16 of 18903 SW 317th TerPhoto 17 of 18903 SW 317th TerPhoto 18 of 18903 SW 317th TerPhoto 19 of 18903 SW 317th TerPhoto 20 of 18903 SW 317th TerPhoto 21 of 18903 SW 317th TerPhoto 22 of 18903 SW 317th TerPhoto 23 of 18903 SW 317th TerPhoto 24 of 18903 SW 317th TerPhoto 25 of 18903 SW 317th TerPhoto 26 of 18903 SW 317th TerPhoto 27 of 18903 SW 317th TerPhoto 28 of 18903 SW 317th Ter
1 / 28
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-27
Removed date—
MLSMiamiMLS #A12078658
Coordinates25.47212, -80.49782
Address18903 SW 317th Ter
CityHomestead
StateFL
Zip33030
Listing ID9242587584
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$794,990
Down payment (20.0%)$158,998
Loan amount$635,992
Closing costs (5.0%)$39,750
Total cash to close$198,748
Income
Rent (comp-derived)$4,100$49,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$49,200
Vacancy rate (assumption) assumption8.0%

$49,200 × 8.0% = $3,936

Effective gross income$3,772$45,264
Operating expenses
Property tax (placeholder 1.9% of price)$1,259$15,105
Insurance (placeholder 0.8% of price)$530$6,360
HOA dues$100$1,200
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$205$2,460
Total operating expenses$2,094$25,125
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$45,264
Total operating expenses derived$25,125

$45,264 − $25,125 = $20,139

Debt service & reserves
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$635,992
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$635,992 amortized at 6.7% over 30 years = $4,087/mo

CapEx reserve (5.0% of GSR)$205$2,460
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$20,139
Annual debt service derived$49,045
Annual CapEx reserve assumption$2,460
Annual PMI assumption$0

($20,139 − $49,045 − $2,460 − $0) ÷ 12 = -$2,614

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,139
Purchase price data$794,990

$20,139 ÷ $794,990 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$31,365
Total cash to close derived$198,748

-$31,365 ÷ $198,748 = -15.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,139
Annual debt service derived$49,045

$20,139 ÷ $49,045 = 0.41

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$49,200
Purchase price data$794,990

($49,200 ÷ 12) ÷ $794,990 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$794,990
Gross scheduled rent (annual) comp$49,200

$794,990 ÷ $49,200 = 16.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,125
Effective gross income derived$45,264

$25,125 ÷ $45,264 = 55.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,125
Annual debt service derived$49,045
Annual PMI assumption$0
Gross scheduled rent (annual) comp$49,200

($25,125 + $49,045 + $0) ÷ $49,200 = 150.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,474$4,1002026-07-03—
single_family532,474$3,5002026-08-10—
single_family542,731$6,850——

18849 SW 315th St

Homestead, 33030 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,474
Listed2026-07-03
Days on market—

Asking rent: $4,100

View on Zillow →

18873 SW 315th St

Homestead, 33030 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,474
Listed2026-08-10
Days on market—

Asking rent: $3,500

View on Zillow →

32242 SW 194th Ave

Homestead, 33030 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,731
Listed—
Days on market—

Asking rent: $6,850

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
17354 SW 287th Stsingle_family543,373$1,200,0002026-07-21
17372 SW 287th Stsingle_family543,373$1,250,0002026-07-06
31500 SW 187th Avesingle_family563,306$539,0002026-06-10
28550 SW 192nd Avesingle_family543,231$1,000,0002026-05-11
16733 SW 292nd Tersingle_family552,838$760,0002026-05-07
2147 NW 15th Plsingle_family532,837$770,0002026-05-06
2230 NW 17th Avesingle_family553,972$1,050,0002026-04-28
17451 SW 285th Stsingle_family532,458$694,0002026-04-27
17334 SW 303rd Stsingle_family531,938$637,4002026-04-20
622 NW 7th Avesingle_family522,132$260,0002026-04-13
18455 SW 284th Stsingle_family537,896$1,690,0002026-03-31
19621 SW 308th Stsingle_family532,465$789,0002026-02-18
690 NW 18th Stsingle_family541,800$510,0002026-02-09
17341 SW 304th Stsingle_family531,938$650,0002026-02-06
29151 SW 168th Ctsingle_family553,532$965,0002026-02-03
16916 SW 291st Stsingle_family552,838$980,0002026-01-26
29282 SW 181st Avesingle_family543,120$950,0002026-01-23
17392 SW 284th Stsingle_family542,756$856,0002026-01-15
17241 SW 288th Stsingle_family553,384$1,149,9902025-12-23

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
SW 288 St & 177th Avesingle_family542,806$860,990—
17480 SW 286 Stsingle_family533,108$809,140—
17480 SW 286 Stsingle_family543,108$809,140—
18844 SW 314th Stsingle_family532,474$591,290—
28544 SW 176th Ave.single_family542,806$815,990—
17464 SW 286 Stsingle_family543,108$814,090—
SW 312 St & 187th Avesingle_family532,474$589,990—
single_family532,349$385,000—

10-year hold projection

IRR-0.5%
Equity multiple0.92x
Total return (10yr)$87,499
YearProperty valueNOICash flowLoan balanceEquity
1$818,840$20,139-$31,365$629,096$189,743
2$843,405$20,869-$30,697$621,727$221,678
3$868,707$21,624-$30,005$613,852$254,855
4$894,768$22,405-$29,289$605,436$289,332
5$921,611$23,212-$28,548$596,442$325,169
6$949,260$24,047-$27,781$586,831$362,429
7$977,737$24,911-$26,987$576,559$401,178
8$1,007,070$25,804-$26,165$565,582$441,487
9$1,037,282$26,727-$25,315$553,851$483,430
10$1,068,400$27,682-$24,435$541,315$527,085
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.