2208 SE 30th St

Homestead, FL 33035 · single_family · For Sale · 33 days on market
Asking price$749,900
4 beds 4 baths 2,953 sqft
View on Realtor.com →
Listed by Saud Rai (CRS) · Keyes - Homestead
Typesingle_family
Built2025
Price / sqft$254
Est. value (own analysis)$755,407
Rent estimate (own analysis)$3,598/mo
HOA$273/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-01
Removed date
MLSMiamiMLS #A12059022
Coordinates25.44158, -80.44743
Address2208 SE 30th St
CityHomestead
StateFL
Zip33035
Listing ID9382122560
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$749,900
Down payment (20.0%)$149,980
Loan amount$599,920
Closing costs (5.0%)$37,495
Total cash to close$187,475
Rent (comp-derived)$3,598$43,170
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$43,170
Vacancy rate (assumption) assumption8.0%

$43,170 × 8.0% = $3,454

Effective gross income$3,310$39,716
Property tax (placeholder 1.9% of price)$1,187$14,248
Insurance (placeholder 0.8% of price)$500$5,999
HOA dues$273$3,276
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$180$2,159
Total operating expenses$2,140$25,682
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$39,716
Total operating expenses derived$25,682

$39,716 − $25,682 = $14,035

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$599,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$599,920 amortized at 6.7% over 30 years = $3,855/mo

CapEx reserve (5.0% of GSR)$180$2,159
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$14,035
Annual debt service derived$46,263
Annual CapEx reserve assumption$2,159
Annual PMI assumption$0

($14,035 − $46,263 − $2,159 − $0) ÷ 12 = -$2,866

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,035
Purchase price data$749,900

$14,035 ÷ $749,900 = 1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$34,387
Total cash to close derived$187,475

-$34,387 ÷ $187,475 = -18.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,035
Annual debt service derived$46,263

$14,035 ÷ $46,263 = 0.30

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$43,170
Purchase price data$749,900

($43,170 ÷ 12) ÷ $749,900 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$749,900
Gross scheduled rent (annual) comp$43,170

$749,900 ÷ $43,170 = 17.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,682
Effective gross income derived$39,716

$25,682 ÷ $39,716 = 64.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,682
Annual debt service derived$46,263
Annual PMI assumption$0
Gross scheduled rent (annual) comp$43,170

($25,682 + $46,263 + $0) ÷ $43,170 = 166.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family431,928$2,425
single_family432,578$3,3002026-08-27
single_family432,451$3,8502026-08-03
single_family431,928$3,1002026-08-01
single_family442,620$4,5002026-08-21
single_family432,122$3,2752026-07-28
single_family432,786$3,4002026-08-19
single_family432,326$3,5002026-06-11
single_family432,190$3,9952026-08-06
single_family432,002$4,2502026-08-18
single_family431,968$3,6952026-05-26
single_family432,589$4,2002026-06-29

1899 SE 13th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,928
Listed
Days on market

Asking rent: $2,425

View on Zillow →

1971 SE 21st Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,578
Listed2026-08-27
Days on market

Asking rent: $3,300

View on Zillow →

2636 SE 13th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,451
Listed2026-08-03
Days on market

Asking rent: $3,850

View on Zillow →

1917 SE 14th St Unit 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,928
Listed2026-08-01
Days on market

Asking rent: $3,100

View on Zillow →

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,620
Listed2026-08-21
Days on market

Asking rent: $4,500

View on Zillow →

1721 SE 17th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,122
Listed2026-07-28
Days on market

Asking rent: $3,275

View on Zillow →

1606 SE 16th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,786
Listed2026-08-19
Days on market

Asking rent: $3,400

View on Zillow →

2202 SE 17th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,326
Listed2026-06-11
Days on market

Asking rent: $3,500

View on Zillow →

2444 SE 24th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,190
Listed2026-08-06
Days on market

Asking rent: $3,995

View on Zillow →

2625 SE 24th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,002
Listed2026-08-18
Days on market

Asking rent: $4,250

View on Zillow →

1352 SE 16th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,968
Listed2026-05-26
Days on market

Asking rent: $3,695

View on Zillow →

29880 SE 25th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,589
Listed2026-06-29
Days on market

Asking rent: $4,200

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
6734988932single_family431,928$495,0002026-08-24
2064 SE 19th Stsingle_family432,631$520,0002026-08-06
2022 SE 18th Stsingle_family432,786$525,0002026-08-04
2243 SE 14th Cirsingle_family422,122$560,0002026-07-31
1731 SE 16th Avesingle_family432,326$510,0002026-07-27
2001 SE 14th Cirsingle_family432,052$599,0002026-07-24
1752 S Anhinga Lnsingle_family422,050$535,0002026-07-23
1922 SE 22nd Ctsingle_family422,578$440,0002026-07-06
2021 SE 17th Avesingle_family432,122$560,0002026-06-05
2625 Fairways Drsingle_family433,274$750,0002026-06-05
1925 SE 17th Ctsingle_family432,783$525,0002026-06-04
2130 SE 16th Avesingle_family432,069$520,0002026-06-03
2819 Augusta Lnsingle_family432,099$500,0002026-05-28
2762 SE 25th Ctsingle_family432,399$591,3402026-05-28
1483 SE 22nd Lnsingle_family432,122$520,0002026-05-22
2752 SE 24th Ctsingle_family431,875$525,0002026-05-22
2518 SE 15th Plsingle_family431,423$260,0002026-05-19
1412 SE 27th Tersingle_family432,451$525,0002026-04-20
1780 SE 19th Tersingle_family431,958$457,0002026-03-13
1635 SE 20th Tersingle_family431,874$475,5002026-03-12
2264 SE 30th Stsingle_family422,240$598,2002026-03-12
2755 Dunwoodie Plsingle_family432,118$550,0002026-03-12
1884 SE 19th Stsingle_family442,633$520,0002026-03-04
2482 SE 30th Stsingle_family432,189$571,9402026-02-26
2821 Augusta Drsingle_family432,099$475,0002026-02-23
2322 SE 30th Stsingle_family432,319$697,3002025-12-31
2362 SE 30th Stsingle_family432,319$636,3002025-12-30
1695 N Bluebird Lnsingle_family422,354$550,0002025-12-30
2382 SE 30th Stsingle_family432,108$556,3002025-12-11
2383 SE 30th Stsingle_family432,108$591,2002025-12-05
2443 SE 30th Stsingle_family432,108$537,3002025-12-05
2015 SE 18th Ctsingle_family432,141$525,0002025-12-05
2272 SE 30th Stsingle_family432,319$636,2002025-12-05
2288 SE 30th Stsingle_family432,319$637,5002025-12-04
2902 Augusta Drsingle_family432,099$499,9002025-12-01
2448 SE 27th Tersingle_family422,002$543,8002025-11-14
906 Cardinal Plsingle_family421,840$513,0002025-11-14
2418 SE 27th Tersingle_family422,460$625,1002025-11-12
2971 SE 23rd Avesingle_family432,319$607,6002025-11-06
2532 SE 25th Ctsingle_family422,002$528,0002025-11-03
2217 SE 30th Stsingle_family432,189$602,6402025-10-30
2205 SE 30th Stsingle_family432,217$642,6902025-10-30
2235 SE 20th Avesingle_family432,578$640,0002025-10-27
2224 SE 30th Stsingle_family432,319$697,3002025-10-22
1940 SE 21st Ctsingle_family443,161$560,0002025-10-20
2448 SE 25th Ctsingle_family422,002$542,8002025-10-17
2216 SE 30th Stsingle_family432,265$571,5002025-10-10
2534 SE 25th Ctsingle_family422,002$524,0002025-10-07
2813 Augusta Lnsingle_family432,025$595,0002025-10-02
1830 SE 14th Cirsingle_family432,052$520,0002025-09-26

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
2455 SE 23rd Rdtownhomes432,217$684,990
2455 SE 23rd Rdsingle_family421,875$559,990
2455 SE 23rd Rdsingle_family431,982$660,990
17602 SW 286 Stsingle_family432,189$712,640
2222 SE 24th Pl Unit 2222townhomes431,846$289,900
1567 SE 20th Avesingle_family431,928$469,999
1361 SE 16th Avesingle_family431,968$449,000
2357 SE 23rd Dr Unit 2357townhomes431,846$285,000

10-year hold projection

IRR-2.3%
Equity multiple0.63x
Total return (10yr)$27,978
YearProperty valueNOICash flowLoan balanceEquity
1$772,397$14,035-$34,387$593,416$178,981
2$795,569$14,584-$33,891$586,464$209,105
3$819,436$15,153-$33,378$579,036$240,400
4$844,019$15,743-$32,845$571,097$272,922
5$869,340$16,353-$32,292$562,613$306,726
6$895,420$16,986-$31,720$553,547$341,873
7$922,282$17,640-$31,126$543,858$378,424
8$949,951$18,319-$30,510$533,504$416,447
9$978,449$19,021-$29,872$522,438$456,011
10$1,007,803$19,748-$29,211$510,613$497,190
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.