14571 SW 261st St

Homestead, FL 33032 · townhomes · For Sale · 221 days on market
Asking price$415,000
4 beds 4 baths 1,398 sqft
Suggested offer$360,335$54,666 above the est. market value of $360,335.
View on Realtor.com →
Listed by Maria Prieto · Luxe Properties
Typetownhomes
Built2024
Price / sqft$297
Est. value (own analysis)$360,335
Rent estimate (own analysis)$3,000/mo
HOA$87/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-25
Removed date
MLSMiamiMLS #A11952336
Coordinates25.52496, -80.42747
Address14571 SW 261st St
CityHomestead
StateFL
Zip33032
Listing ID9304138300
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33032)

Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/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$415,000
Down payment (20.0%)$83,000
Loan amount$332,000
Closing costs (5.0%)$20,750
Total cash to close$103,750
Rent (comp-derived)$3,000$36,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,000
Vacancy rate (assumption) assumption8.0%

$36,000 × 8.0% = $2,880

Effective gross income$2,760$33,120
Property tax (placeholder 1.9% of price)$657$7,885
Insurance (placeholder 0.8% of price)$277$3,320
HOA dues$87$1,044
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$150$1,800
Total operating expenses$1,171$14,049
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,120
Total operating expenses derived$14,049

$33,120 − $14,049 = $19,071

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$332,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$332,000 amortized at 6.7% over 30 years = $2,134/mo

CapEx reserve (5.0% of GSR)$150$1,800
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$19,071
Annual debt service derived$25,602
Annual CapEx reserve assumption$1,800
Annual PMI assumption$0

($19,071 − $25,602 − $1,800 − $0) ÷ 12 = -$694

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,071
Purchase price data$415,000

$19,071 ÷ $415,000 = 4.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,331
Total cash to close derived$103,750

-$8,331 ÷ $103,750 = -8.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,071
Annual debt service derived$25,602

$19,071 ÷ $25,602 = 0.74

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,000
Purchase price data$415,000

($36,000 ÷ 12) ÷ $415,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$415,000
Gross scheduled rent (annual) comp$36,000

$415,000 ÷ $36,000 = 11.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$14,049
Effective gross income derived$33,120

$14,049 ÷ $33,120 = 42.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$14,049
Annual debt service derived$25,602
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,000

($14,049 + $25,602 + $0) ÷ $36,000 = 110.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes431,828$3,2002026-02-26
townhomes441,398$2,6002026-08-07
townhomes431,728$2,5952026-06-26
townhomes431,837$2,5752026-03-24
townhomes441,398$2,7002026-06-18
townhomes431,661$2,7002026-07-23
townhomes441,418$3,0002026-07-14
townhomes441,434$2,6002026-06-24
townhomes431,837$2,6502026-07-01
townhomes431,384$2,5752026-04-20
townhomes431,398$2,9502026-08-25
townhomes431,811$3,1002026-06-22
townhomes431,530$3,2002026-08-31
townhomes431,398$2,9002026-08-04
townhomes441,436$3,9482025-12-07
townhomes431,850$2,8002026-08-15
townhomes431,820$3,1002026-08-18
townhomes441,434$3,2002026-08-19
townhomes431,656$3,0002025-09-17
townhomes431,828$3,1002026-06-08
townhomes441,398$3,1002025-09-26
townhomes431,820$3,1002026-07-29
townhomes431,648$2,9002026-07-21
townhomes441,398$3,0002026-07-14
townhomes441,398$2,6002026-08-12
townhomes431,820$3,2002026-05-19
townhomes431,398$3,1002026-05-26
townhomes431,820$3,4002026-08-03
townhomes441,398$3,0002026-06-22
townhomes441,398$4,1002026-08-17
townhomes441,436$3,7502026-04-09
townhomes441,436$3,7502026-04-09

25356 SW 116th Ave

Miami, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,828
Listed2026-02-26
Days on market

Asking rent: $3,200

View on Zillow →

25859 SW 144th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-08-07
Days on market

Asking rent: $2,600

View on Zillow →

24355 SW 109th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,728
Listed2026-06-26
Days on market

Asking rent: $2,595

View on Zillow →

13849 SW 275th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,837
Listed2026-03-24
Days on market

Asking rent: $2,575

View on Zillow →

25680 SW 143rd Path

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-06-18
Days on market

Asking rent: $2,700

View on Zillow →

24043 SW 109th Ave Unit 1

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,661
Listed2026-07-23
Days on market

Asking rent: $2,700

View on Zillow →

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,418
Listed2026-07-14
Days on market

Asking rent: $3,000

View on Zillow →

25871 SW 139th Ct Unit 25871

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,434
Listed2026-06-24
Days on market

Asking rent: $2,600

View on Zillow →

13802 SW 276th St

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,837
Listed2026-07-01
Days on market

Asking rent: $2,650

View on Zillow →

12080 SW 268th St Unit 27

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,384
Listed2026-04-20
Days on market

Asking rent: $2,575

View on Zillow →

26151 SW 147th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,398
Listed2026-08-25
Days on market

Asking rent: $2,950

View on Zillow →

11485 SW 236th Ln Unit 11485

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,811
Listed2026-06-22
Days on market

Asking rent: $3,100

View on Zillow →

10972 SW 235th Ln Unit 10972

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,530
Listed2026-08-31
Days on market

Asking rent: $3,200

View on Zillow →

26175 SW 145th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,398
Listed2026-08-04
Days on market

Asking rent: $2,900

View on Zillow →

13885 SW 261st Ter Unit 13835

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,436
Listed2025-12-07
Days on market

Asking rent: $3,948

View on Zillow →

14043 SW 272nd St

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,850
Listed2026-08-15
Days on market

Asking rent: $2,800

View on Zillow →

24480 SW 119th Pl Unit 24480

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-08-18
Days on market

Asking rent: $3,100

View on Zillow →

13949 SW 259th Way Unit 13949

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,434
Listed2026-08-19
Days on market

Asking rent: $3,200

View on Zillow →

26232 SW 135th Pl Unit 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,656
Listed2025-09-17
Days on market

Asking rent: $3,000

View on Zillow →

11925 SW 247th Ter Unit 11925

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,828
Listed2026-06-08
Days on market

Asking rent: $3,100

View on Zillow →

26144 SW 146th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2025-09-26
Days on market

Asking rent: $3,100

View on Zillow →

11916 SW 246th Ln

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-07-29
Days on market

Asking rent: $3,100

View on Zillow →

26437 SW 149th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,648
Listed2026-07-21
Days on market

Asking rent: $2,900

View on Zillow →

14571 SW 261st St Unit 14571

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-07-14
Days on market

Asking rent: $3,000

View on Zillow →

25778 SW 143rd Path Unit 25778

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-08-12
Days on market

Asking rent: $2,600

View on Zillow →

11945 SW 245th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-05-19
Days on market

Asking rent: $3,200

View on Zillow →

14595 SW 261st St Unit 14595

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,398
Listed2026-05-26
Days on market

Asking rent: $3,100

View on Zillow →

23412 SW 131st Ave Unit 23412

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-08-03
Days on market

Asking rent: $3,400

View on Zillow →

14569 SW 261st Ter Unit 14569

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-06-22
Days on market

Asking rent: $3,000

View on Zillow →

14505 SW 261st St

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,398
Listed2026-08-17
Days on market

Asking rent: $4,100

View on Zillow →

13875 SW 261st Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,436
Listed2026-04-09
Days on market

Asking rent: $3,750

View on Zillow →

13867 SW 261st Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,436
Listed2026-04-09
Days on market

Asking rent: $3,750

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
11456 SW 252nd Tertownhomes431,829$445,0002026-08-31
13621 SW 260th Lntownhomes431,812$500,0002026-08-18
23329 SW 113th Cttownhomes441,736$445,0002026-08-14
11387 SW 232nd Tertownhomes441,736$449,9002026-08-13
14229 SW 274th Sttownhomes442,415$435,0002026-08-10
24303 SW 115th Cttownhomes431,674$420,0002026-08-06
13855 SW 262nd Sttownhomes431,488$395,0002026-08-06
13851 SW 262nd Sttownhomes431,488$404,0002026-08-06
23218 SW 110th Cttownhomes431,980$470,0002026-07-13
26241 SW 138th Cttownhomes441,418$420,0002026-07-10
25886 SW 144th Cttownhomes441,398$420,0002026-06-30
10848 SW 243rd Sttownhomes431,661$390,0002026-06-29
11246 SW 236th Sttownhomes441,736$450,0002026-06-26
23601 SW 112th Cttownhomes431,815$480,0002026-06-25
26116 SW 134th Pltownhomes441,476$495,0002026-06-16
27450 SW 138th Pathtownhomes432,028$371,5002026-06-16
23713 SW 115th Avetownhomes431,736$438,4002026-06-11
9586387447townhomes441,535$349,0002026-05-25
23512 SW 129th Pathtownhomes431,820$465,0002026-05-18
25083 SW 108th Ave Unit 25083townhomes441,936$510,0002026-05-18
13865 SW 275th Tertownhomes432,028$410,0002026-05-14
13158 SW 233rd Sttownhomes431,820$477,0002026-05-14

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
23660 SW 120th Avesingle_family463,709$2,625,000
SW 139th Ave and SW 262ndsingle_family431,436$395,990
13845 SW 261st Tersingle_family441,436$397,290
SW 139th Ave and SW 262ndsingle_family431,458$397,990
SW 139th Ave and SW 262ndsingle_family431,476$497,990
11509 SW 238th Tersingle_family431,992$590,000
13833 SW 261st Tertownhomes441,458$401,990
13841 SW 261st Tertownhomes441,436$395,990

10-year hold projection

IRR5.1%
Equity multiple1.81x
Total return (10yr)$138,247
YearProperty valueNOICash flowLoan balanceEquity
1$427,450$19,071-$8,331$328,400$99,050
2$440,274$19,713-$7,734$324,554$115,720
3$453,482$20,377-$7,117$320,443$133,039
4$467,086$21,062-$6,479$316,049$151,037
5$481,099$21,769-$5,820$311,354$169,744
6$495,532$22,500-$5,139$306,337$189,195
7$510,398$23,254-$4,435$300,975$209,422
8$525,710$24,034-$3,708$295,245$230,464
9$541,481$24,838-$2,957$289,122$252,359
10$557,725$25,669-$2,181$282,577$275,148
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.