31425 SW 192 Ave

Miami, FL 33030 · townhomes · For Sale · 17 days on market
Asking price$518,850
4 beds 3 baths 2,356 sqft
View on Realtor.com →
Typetownhomes
Built
Price / sqft$220
Est. value (own analysis)$526,260
Rent estimate (own analysis)$3,825/mo
HOANone
Show every detail
Statusfor_sale
Listed date2026-08-17
Removed date
MLSLennar #2514660114A
Coordinates
Address31425 SW 192 Ave
CityMiami
StateFL
Zip33030
Listing ID9703445182
Sourceus-real-estate-listings, cached 2026-08-25

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)

Purchase price$518,850
Down payment (20.0%)$103,770
Loan amount$415,080
Closing costs (5.0%)$25,943
Total cash to close$129,713
Rent (comp-derived)$3,825$45,900
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,900
Vacancy rate (assumption) assumption8.0%

$45,900 × 8.0% = $3,672

Effective gross income$3,519$42,228
Property tax (placeholder 1.9% of price)$822$9,858
Insurance (placeholder 0.8% of price)$346$4,151
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$191$2,295
Total operating expenses$1,359$16,304
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$42,228
Total operating expenses derived$16,304

$42,228 − $16,304 = $25,924

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$415,080
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$415,080 amortized at 6.7% over 30 years = $2,667/mo

CapEx reserve (5.0% of GSR)$191$2,295
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$25,924
Annual debt service derived$32,009
Annual CapEx reserve assumption$2,295
Annual PMI assumption$0

($25,924 − $32,009 − $2,295 − $0) ÷ 12 = -$698

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,924
Purchase price data$518,850

$25,924 ÷ $518,850 = 5.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,380
Total cash to close derived$129,713

-$8,380 ÷ $129,713 = -6.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,924
Annual debt service derived$32,009

$25,924 ÷ $32,009 = 0.81

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,900
Purchase price data$518,850

($45,900 ÷ 12) ÷ $518,850 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$518,850
Gross scheduled rent (annual) comp$45,900

$518,850 ÷ $45,900 = 11.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,304
Effective gross income derived$42,228

$16,304 ÷ $42,228 = 38.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,304
Annual debt service derived$32,009
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,900

($16,304 + $32,009 + $0) ÷ $45,900 = 105.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes442,086$4,2002026-08-19
townhomes431,920$3,8002026-08-31
townhomes431,985$3,5002026-08-17
townhomes441,946$5,8002026-08-17
townhomes432,312$3,4002026-08-13
townhomes431,976$4,5002026-08-13
townhomes431,820$4,1002026-08-11
townhomes431,708$3,6002026-08-11
townhomes432,312$3,4002026-08-07
townhomes431,774$4,0002026-08-06
townhomes442,532$8,7002026-08-05
townhomes452,988$10,5002026-07-27
townhomes432,312$3,3502026-07-20
townhomes431,920$3,8502026-07-19
townhomes431,920$4,3002026-07-18
townhomes431,793$3,5002026-07-17
townhomes421,848$3,9502026-07-16
townhomes452,750$8,9992026-07-13
townhomes432,312$3,2002026-07-11
townhomes432,123$5,0002026-07-06
townhomes432,312$3,3502026-06-29
townhomes431,876$3,5002026-05-22
townhomes442,086$4,5002026-06-23
townhomes442,238$10,9002026-06-22
townhomes431,820$4,2002026-06-22
townhomes431,793$3,5952026-06-18
townhomes442,313$4,0002026-06-17
townhomes431,876$3,4502026-06-10
townhomes431,820$3,0002026-06-05
townhomes432,312$3,3002026-05-20
townhomes431,870$3,5002026-08-04
townhomes432,300$4,3002026-08-04
townhomes432,000$3,3002026-07-31
townhomes441,710$3,1502026-07-30
townhomes432,308$4,0502026-07-29
townhomes431,827$3,3502026-07-27
townhomes431,985$3,3002026-08-24
townhomes431,920$3,8502026-08-22
townhomes431,899$3,5002026-03-11
townhomes431,920$3,9502026-02-27
townhomes431,828$3,2002026-02-26
townhomes433,024$3,7502026-04-09
townhomes431,920$4,4002026-03-19
townhomes452,757$18,0002024-10-22

20610 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,086
Listed2026-08-19
Days on market

Asking rent: $4,200

View on Zillow →

20848 NE 7th Ct Unit 20848

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-08-31
Days on market

Asking rent: $3,800

View on Zillow →

14949 SW 8th Ter Unit 14949

Miami, 33194 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,985
Listed2026-08-17
Days on market

Asking rent: $3,500

View on Zillow →

2286 SW 16th Ct Unit 2286

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,946
Listed2026-08-17
Days on market

Asking rent: $5,800

View on Zillow →

9362 SW 171st Ave

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-08-13
Days on market

Asking rent: $3,400

View on Zillow →

12401 SW 20th Ter

Miami, 33175 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,976
Listed2026-08-13
Days on market

Asking rent: $4,500

View on Zillow →

12613 NW 23rd Pl Unit 0

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-08-11
Days on market

Asking rent: $4,100

View on Zillow →

7050 SW 164th Ct

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,708
Listed2026-08-11
Days on market

Asking rent: $3,600

View on Zillow →

17120 SW 95th Ter Unit 17120

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-08-07
Days on market

Asking rent: $3,400

View on Zillow →

11745 SW 106th Ter Unit 11745

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,774
Listed2026-08-06
Days on market

Asking rent: $4,000

View on Zillow →

3072 Carter St

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,532
Listed2026-08-05
Days on market

Asking rent: $8,700

View on Zillow →

2149 SW 30th Ct Unit 2149

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,988
Listed2026-07-27
Days on market

Asking rent: $10,500

View on Zillow →

16731 SW 96th St Unit 16731

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-07-20
Days on market

Asking rent: $3,350

View on Zillow →

377 NE 194th Ln

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-07-19
Days on market

Asking rent: $3,850

View on Zillow →

20674 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-07-18
Days on market

Asking rent: $4,300

View on Zillow →

12501 SW 124th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,793
Listed2026-07-17
Days on market

Asking rent: $3,500

View on Zillow →

Miami, 33173 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,848
Listed2026-07-16
Days on market

Asking rent: $3,950

View on Zillow →

3189 SW 23rd St Unit Left

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,750
Listed2026-07-13
Days on market

Asking rent: $8,999

View on Zillow →

17001 SW 96th St

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-07-11
Days on market

Asking rent: $3,200

View on Zillow →

783 NE 195th St

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,123
Listed2026-07-06
Days on market

Asking rent: $5,000

View on Zillow →

9572 SW 169th Pl Unit Main

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-06-29
Days on market

Asking rent: $3,350

View on Zillow →

22348 SW 115 Ct Unit 22348

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,876
Listed2026-05-22
Days on market

Asking rent: $3,500

View on Zillow →

20682 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,086
Listed2026-06-23
Days on market

Asking rent: $4,500

View on Zillow →

3461 SW 25th St Unit B

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,238
Listed2026-06-22
Days on market

Asking rent: $10,900

View on Zillow →

12612 NW 22nd Pl Unit 12612

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-06-22
Days on market

Asking rent: $4,200

View on Zillow →

12393 SW 124th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,793
Listed2026-06-18
Days on market

Asking rent: $3,595

View on Zillow →

2402 SW 145th Pl Unit 0

Miami, 33175 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,313
Listed2026-06-17
Days on market

Asking rent: $4,000

View on Zillow →

16958 SW 92nd St Unit 16958

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,876
Listed2026-06-10
Days on market

Asking rent: $3,450

View on Zillow →

23049 SW 129th Pl

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-06-05
Days on market

Asking rent: $3,000

View on Zillow →

9530 SW 171st Ct Unit Th

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-05-20
Days on market

Asking rent: $3,300

View on Zillow →

4017 SW 149th Ct Unit 4017

Miami, 33185 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,870
Listed2026-08-04
Days on market

Asking rent: $3,500

View on Zillow →

1121 NW 25th St

Miami, 33127 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,300
Listed2026-08-04
Days on market

Asking rent: $4,300

View on Zillow →

140 NW 70th St Unit 140

Miami, 33150 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,000
Listed2026-07-31
Days on market

Asking rent: $3,300

View on Zillow →

17370 SW 153rd Ave Unit 17370

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,710
Listed2026-07-30
Days on market

Asking rent: $3,150

View on Zillow →

320 SW 87th Ct

Miami, 33174 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,308
Listed2026-07-29
Days on market

Asking rent: $4,050

View on Zillow →

15062 SW 117th Way Unit 15062

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,827
Listed2026-07-27
Days on market

Asking rent: $3,350

View on Zillow →

15131 SW 23rd Ln Unit 0

Miami, 33185 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,985
Listed2026-08-24
Days on market

Asking rent: $3,300

View on Zillow →

465 NE 194th Ter Unit 465

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-08-22
Days on market

Asking rent: $3,850

View on Zillow →

Miami, 33194 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,899
Listed2026-03-11
Days on market

Asking rent: $3,500

View on Zillow →

20564 NE 5th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-02-27
Days on market

Asking rent: $3,950

View on Zillow →

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 →

1531 NW 55th Ter Unit 1533

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,024
Listed2026-04-09
Days on market

Asking rent: $3,750

View on Zillow →

20600 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,920
Listed2026-03-19
Days on market

Asking rent: $4,400

View on Zillow →

3110 Elizabeth St Unit 3110

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,757
Listed2024-10-22
Days on market

Asking rent: $18,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
31437 SW 192 Avetownhomes442,356$508,8502026-08-31
761 SE 2nd Sttownhomes331,378$318,0002026-08-11
64 SW 15th Tertownhomes321,189$340,0002026-08-03
136 SW 15th Rdtownhomes321,115$200,0002026-07-20

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
28544 SW 176th Ave.single_family432,648$805,990
SW 288 St & 177th Avesingle_family433,108$789,990
31353 SW 192 Avetownhomes442,356$518,850
18856 SW 314th Stsingle_family432,072$540,640
17568 SW 286 Stsingle_family433,108$790,640
SW 288 St & 177th Avesingle_family432,648$853,990
31415 SW 192 Avetownhomes432,345$515,690
31413 SW 192 Avetownhomes432,356$518,850

10-year hold projection

IRR6.2%
Equity multiple1.99x
Total return (10yr)$195,867
YearProperty valueNOICash flowLoan balanceEquity
1$534,416$25,924-$8,380$410,580$123,836
2$550,448$26,783-$7,578$405,770$144,678
3$566,961$27,670-$6,750$400,630$166,331
4$583,970$28,586-$5,894$395,138$188,833
5$601,489$29,531-$5,011$389,268$212,222
6$619,534$30,507-$4,098$382,995$236,539
7$638,120$31,515-$3,156$376,291$261,829
8$657,264$32,555-$2,182$369,127$288,137
9$676,982$33,628-$1,177$361,471$315,511
10$697,291$34,737-$139$353,289$344,002
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.