25230 SW 129th Pl Unit 139

Homestead, FL 33032 · single_family · For Sale · 14 days on market
Asking price$75,000
3 beds 2 baths 1,120 sqft
View on Realtor.com →
Listed by Tori Coil · Princetonian
Typesingle_family
Built2004
Price / sqft$67
Est. value (own analysis)$399,918
Rent estimate (own analysis)$2,700/mo
HOANone
Street view
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Neighborhood

⚠ Cap rate of 34.9% is above the 20% sanity ceiling — verify the underlying price, rent, and expense data before trusting this. Cash-on-cash return of 106.2% is above the 50% sanity ceiling for a standard buy-and-hold — verify inputs before trusting this.
Show every detail
Statusfor_sale
Listed date2026-08-20
Removed date
MLSMyStateMLS #11942910
Coordinates25.53223, -80.40230
Address25230 SW 129th Pl Unit 139
CityHomestead
StateFL
Zip33032
Listing ID9444198908
Sourceus-real-estate-listings, cached 2026-08-28

Listing description

Look at this home- now available at Princetonian, a well-maintained, professionally managed, manufactured home community. Right now, Princetonian has a 2004 3bed/2bath, 1120 sqft. home for only $75,000.00 plus lot fees! Contact one of our representatives today to view this amazing home! Financing information available.

Property information

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0
  • Senior Community: No

Other Property Info

  • Source Listing Status: Active
  • Source Property Type: Residential
  • Property Subtype: residential

Building and Construction

  • Total Square Feet Living: 1120
  • Year Built: 2004
  • Above Grade Finished Area: 1120
  • Property Age: 22
  • Levels or Stories: 0
  • Total Above Grade Sqft Area: 1120

Property features

Land Info

  • Land Lease Amount: 846
  • Land Lease: Yes

School Information

  • High School District: 000000

Annual property tax

No tax history on file for this listing yet.

Listings history

DateEventPrice
2026-08-20Listed$75,000
Real listing/price/sale history from US Real Estate Listings.

Permits history

No permit records on file for this address.

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$75,000
Down payment (20.0%)$15,000
Loan amount$60,000
Closing costs (5.0%)$3,750
Total cash to close$18,750
Rent (comp-derived)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$119$1,425
Insurance (placeholder 0.8% of price)$50$600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$304$3,645
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$3,645

$29,808 − $3,645 = $26,163

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$60,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$60,000 amortized at 6.7% over 30 years = $386/mo

CapEx reserve (5.0% of GSR)$135$1,620
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$26,163
Annual debt service derived$4,627
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($26,163 − $4,627 − $1,620 − $0) ÷ 12 = $1,660

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,163
Purchase price data$75,000

$26,163 ÷ $75,000 = 34.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$19,916
Total cash to close derived$18,750

$19,916 ÷ $18,750 = 106.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,163
Annual debt service derived$4,627

$26,163 ÷ $4,627 = 5.65

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$75,000

($32,400 ÷ 12) ÷ $75,000 = 3.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$75,000
Gross scheduled rent (annual) comp$32,400

$75,000 ÷ $32,400 = 2.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$3,645
Effective gross income derived$29,808

$3,645 ÷ $29,808 = 12.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$3,645
Annual debt service derived$4,627
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($3,645 + $4,627 + $0) ÷ $32,400 = 25.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,434$3,2952026-08-15
single_family321,235$2,2502026-03-09
single_family311,012$2,3002026-07-31
single_family321,321$3,2002026-08-28
single_family321,458$2,6002026-08-20
single_family311,162$2,4992026-08-05
single_family321,144$2,6002026-08-20
single_family311,012$2,2752026-08-20
single_family321,221$2,7002026-04-12
single_family321,444$3,2002026-08-08
single_family321,378$2,800
single_family331,328$3,000
single_family321,221$3,700
single_family311,162$2,4992026-08-19
single_family331,500$2,650
single_family321,444$3,200
single_family331,483$2,700
single_family331,334$2,7002026-08-19
single_family331,331$2,7502026-08-11
single_family331,331$2,9002026-08-11

12827 SW 256th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,434
Listed2026-08-15
Days on market

Asking rent: $3,295

View on Zillow →

13840 SW 273rd Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,235
Listed2026-03-09
Days on market

Asking rent: $2,250

View on Zillow →

27902 SW 129th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,012
Listed2026-07-31
Days on market

Asking rent: $2,300

View on Zillow →

12634 SW 256th Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,321
Listed2026-08-28
Days on market

Asking rent: $3,200

View on Zillow →

26259 SW 135th Pl

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,458
Listed2026-08-20
Days on market

Asking rent: $2,600

View on Zillow →

27913 SW 131st Ave Unit 27913

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,162
Listed2026-08-05
Days on market

Asking rent: $2,499

View on Zillow →

12205 SW 263rd Ter

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,144
Listed2026-08-20
Days on market

Asking rent: $2,600

View on Zillow →

27922 SW 130th Ct

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,012
Listed2026-08-20
Days on market

Asking rent: $2,275

View on Zillow →

12787 SW 257th St Unit 12787

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,221
Listed2026-04-12
Days on market

Asking rent: $2,700

View on Zillow →

13243 SW 252nd Ln

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,444
Listed2026-08-08
Days on market

Asking rent: $3,200

View on Zillow →

12090 SW 250th Ter # 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,378
Listed
Days on market

Asking rent: $2,800

View on Zillow →

12957 SW 232nd Ln # 33032

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,328
Listed
Days on market

Asking rent: $3,000

View on Zillow →

25760 SW 127th Pl

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,221
Listed
Days on market

Asking rent: $3,700

View on Zillow →

27918 SW 131st Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,162
Listed2026-08-19
Days on market

Asking rent: $2,499

View on Zillow →

13052 SW 232nd Ln

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,500
Listed
Days on market

Asking rent: $2,650

View on Zillow →

13243 SW 252nd Ln # Fl33032

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,444
Listed
Days on market

Asking rent: $3,200

View on Zillow →

11787 SW 247th Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,483
Listed
Days on market

Asking rent: $2,700

View on Zillow →

13108 SW 232nd Ln

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,334
Listed2026-08-19
Days on market

Asking rent: $2,700

View on Zillow →

13102 SW 232nd Ter

Princeton, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,331
Listed2026-08-11
Days on market

Asking rent: $2,750

View on Zillow →

23503 SW 129th Ave

Homestead, 33032 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,331
Listed2026-08-11
Days on market

Asking rent: $2,900

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
24911 SW 112th Plsingle_family331,326$378,0002026-08-21
13041 SW 260th Tersingle_family321,275$480,0002026-08-18
12961 SW 268th Stsingle_family321,422$575,0002026-08-13
15280 SW 271st Stsingle_family321,274$660,0002026-08-11
27728 SW 132nd Ctsingle_family321,288$519,0002026-08-07
24930 SW 129th Ctsingle_family321,383$520,0002026-08-04
13205 SW 256th Stsingle_family321,230$560,0002026-07-28
25216 SW 108th Ctsingle_family331,872$470,0002026-07-28
12860 SW 268th Stsingle_family321,740$570,0002026-07-27
12799 SW 257th Stsingle_family321,221$480,0002026-07-24
26220 SW 136th Plsingle_family321,528$415,0002026-07-24
23723 SW 107th Ctsingle_family321,644$530,0002026-07-24
11938 SW 241st Stsingle_family331,726$600,0002026-07-24
26063 SW 138th Ctsingle_family321,152$330,0002026-07-23
23552 SW 107th Plsingle_family321,790$547,5002026-07-22
12972 SW 245th Stsingle_family311,118$390,0002026-07-22
25180 SW 119th Avesingle_family321,684$560,0002026-07-21
10958 SW 247th Tersingle_family331,459$400,0002026-07-17
23813 SW 108th Ctsingle_family321,903$564,0002026-07-13
12742 SW 265th Stsingle_family321,390$490,0002026-07-09
13412 SW 256th Tersingle_family321,298$550,0002026-07-09
25811 SW 132nd Avesingle_family321,318$530,0002026-07-02
24105 SW 124th Avesingle_family322,459$975,0002026-07-02
24401 SW 123rd Avesingle_family321,945$1,000,0002026-07-01
13453 SW 256th Tersingle_family321,343$550,0002026-07-01
26801 SW 144th Ctsingle_family311,015$455,0002026-07-01
25051 SW 129th Ctsingle_family321,786$286,8882026-06-30
12381 SW 264th Stsingle_family321,334$450,0002026-06-30
12854 SW 263rd Tersingle_family321,100$380,0002026-06-26
26215 SW 130th Ctsingle_family321,917$565,0002026-06-26
13050 SW 261st Tersingle_family331,289$470,0002026-06-24
11324 SW 246th Tersingle_family321,554$530,0002026-06-18
25341 SW 129th Ct Unit 917single_family32952$70,0002026-06-18
11837 SW 273rd Lnsingle_family321,459$530,0002026-06-15
13201 SW 276th Tersingle_family321,120$520,0002026-06-15
24923 SW 127th Plsingle_family321,197$498,0002026-06-12
13224 SW 253rd Tersingle_family321,294$505,0002026-06-12
11557 SW 235th Stsingle_family332,573$570,0002026-06-10
11866 SW 253rd Tersingle_family321,684$560,0002026-06-05
13471 SW 278th Tersingle_family321,438$520,0002026-06-05
11800 SW 272nd Tersingle_family321,900$516,0002026-06-04
12800 SW 259th Stsingle_family321,221$500,0002026-06-02
12848 SW 242nd Stsingle_family331,648$480,0002026-05-29
26682 SW 125th Ctsingle_family321,325$375,0002026-05-26
10902 SW 232nd Tersingle_family331,705$445,0002026-05-21
27607 SW 133rd Plsingle_family321,570$605,0002026-05-21
27100 SW 144th Avesingle_family311,281$470,0002026-05-18
13246 SW 276th Lnsingle_family321,157$450,0002026-05-15
12311 SW 264th Stsingle_family321,476$535,0002026-05-14
12055 SW 240th Stsingle_family321,462$1,200,0002026-05-13

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
15791 SW 276 Tertownhomes331,381$464,990
12400 SW 248th St Unit 5single_family331,367$429,990
12400 SW 248th St Unit 4single_family331,416$439,990
SW 280th St & 157th Avesingle_family321,599$429,990
SW 124th Ave & SW 248th Sttownhomes331,333$439,990
SW 280th St & 157th Avesingle_family321,416$394,990
15643 SW 280th St Unit 2single_family331,599$429,990
SW 124th Ave & SW 248th Sttownhomes331,333$439,990

10-year hold projection

IRR110.1%
Equity multiple14.94x
Total return (10yr)$271,186
YearProperty valueNOICash flowLoan balanceEquity
1$77,250$26,163$19,916$59,349$17,901
2$79,568$26,966$20,679$58,654$20,913
3$81,955$27,794$21,465$57,911$24,043
4$84,413$28,647$22,275$57,117$27,296
5$86,946$29,526$23,111$56,269$30,677
6$89,554$30,432$23,972$55,362$34,192
7$92,241$31,365$24,860$54,393$37,848
8$95,008$32,327$25,775$53,357$41,651
9$97,858$33,319$26,718$52,250$45,608
10$100,794$34,341$27,690$51,067$49,726
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.