17901 SW 152nd Ave

Miami, FL 33187 · single_family · For Sale · 62 days on market
Asking price$850,000
6 beds 4 baths 3,002 sqft
View on Realtor.com →
Listed by Wendy Read P.A. · Keller Williams Capital Realty
Typesingle_family
Built2018
Price / sqft$283
Est. value (own analysis)$945,740
Rent estimate (own analysis)$7,900/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-03
Removed date
MLSMiamiMLS #A12047621
Coordinates25.60032, -80.43764
Address17901 SW 152nd Ave
CityMiami
StateFL
Zip33187
Listing ID9281042650
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$850,000
Down payment (20.0%)$170,000
Loan amount$680,000
Closing costs (5.0%)$42,500
Total cash to close$212,500
Rent (comp-derived)$7,900$94,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$94,800
Vacancy rate (assumption) assumption8.0%

$94,800 × 8.0% = $7,584

Effective gross income$7,268$87,216
Property tax (placeholder 1.9% of price)$1,346$16,150
Insurance (placeholder 0.8% of price)$567$6,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$395$4,740
Total operating expenses$2,308$27,690
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$87,216
Total operating expenses derived$27,690

$87,216 − $27,690 = $59,526

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$680,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$680,000 amortized at 6.7% over 30 years = $4,370/mo

CapEx reserve (5.0% of GSR)$395$4,740
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$59,526
Annual debt service derived$52,438
Annual CapEx reserve assumption$4,740
Annual PMI assumption$0

($59,526 − $52,438 − $4,740 − $0) ÷ 12 = $196

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$59,526
Purchase price data$850,000

$59,526 ÷ $850,000 = 7.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$2,348
Total cash to close derived$212,500

$2,348 ÷ $212,500 = 1.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$59,526
Annual debt service derived$52,438

$59,526 ÷ $52,438 = 1.14

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$94,800
Purchase price data$850,000

($94,800 ÷ 12) ÷ $850,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$850,000
Gross scheduled rent (annual) comp$94,800

$850,000 ÷ $94,800 = 9.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$27,690
Effective gross income derived$87,216

$27,690 ÷ $87,216 = 31.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$27,690
Annual debt service derived$52,438
Annual PMI assumption$0
Gross scheduled rent (annual) comp$94,800

($27,690 + $52,438 + $0) ÷ $94,800 = 84.5%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family632,417$8,0002026-08-05
single_family643,218$7,9002026-07-24
single_family632,716$2,0002026-08-26

11951 SW 120th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms6 bd / 3 ba
Square footage2,417
Listed2026-08-05
Days on market

Asking rent: $8,000

View on Zillow →

6610 SW 104th Ct

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage3,218
Listed2026-07-24
Days on market

Asking rent: $7,900

View on Zillow →

11722 SW 107th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms6 bd / 3 ba
Square footage2,716
Listed2026-08-26
Days on market

Asking rent: $2,000

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
17340 SW 154th Plsingle_family642,587$815,0002026-08-31
17901 SW 152nd Avesingle_family643,002$820,0002026-08-28
18451 SW 158th Stsingle_family6911,520$6,100,0002026-05-26

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
20455 SW 154th Avesingle_family655,007$3,890,000
15105 SW 180th Stsingle_family632,901$769,000
16800 SW 190th Stsingle_family643,384$2,199,500
17340 SW 154th Plsingle_family642,587$820,000

10-year hold projection

IRR12.0%
Equity multiple2.86x
Total return (10yr)$505,681
YearProperty valueNOICash flowLoan balanceEquity
1$875,500$59,526$2,348$672,627$202,873
2$901,765$61,450$4,153$664,748$237,017
3$928,818$63,436$6,017$656,328$272,490
4$956,682$65,484$7,941$647,330$309,352
5$985,383$67,598$9,927$637,714$347,669
6$1,014,944$69,779$11,977$627,437$387,507
7$1,045,393$72,029$14,093$616,455$428,937
8$1,076,755$74,350$16,277$604,719$472,036
9$1,109,057$76,745$18,531$592,177$516,881
10$1,142,329$79,216$20,858$578,773$563,556
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.