827 SW 128th Ave
Miami, FL 33184 · mobile · For Sale · 102 days on market
Asking price$185,000
5 beds 4 baths 60,696 sqft
Listed by Elisa Guifarro · Miami Realty Dreams Inc.
Typemobile
Built1972
Price / sqft$3
Est. value (Zillow ZIP avg)$569,847
Rent estimate (Zillow ZIP avg)$3,033/mo
HOANone
1 / 34
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Statusfor_sale
Listed date2026-05-23
Removed date—
MLSMiamiMLS #A12024417
Coordinates25.76057, -80.40358
Address827 SW 128th Ave
CityMiami
StateFL
Zip33184
Listing ID9707290097
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33184)
Typical home value (ZHVI)$569,847
Typical rent (ZORI)$3,033/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $185,000 |
| Down payment (20.0%) | $37,000 |
| Loan amount | $148,000 |
| Closing costs (5.0%) | $9,250 |
| Total cash to close | $46,250 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,033$36,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,791$33,488 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $293$3,515 |
| Insurance (placeholder 0.8% of price) | $123$1,480 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $152$1,820 |
| Total operating expenses | $568$6,815 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $152$1,820 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
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.
No recent recorded sales cached yet for this ZIP.
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 320 SW 125th Ave | single_family | 5 | 6 | 3,919 | $3,250,000 | — |
| 1220 SW 139th Ave | single_family | 5 | 4 | 1,834 | $750,000 | — |
| 1013 SW 128th Ave | mobile | 5 | 4 | — | $155,000 | — |
| 551 SW 127th Ave | single_family | 5 | 3 | 2,191 | $1,900,000 | — |
| 1133 SW 130th Ave | mobile | 5 | 5 | 2,000 | $150,000 | — |
| 13330 SW 5th St | single_family | 5 | 4 | 2,617 | $2,685,000 | — |
| 14405 SW 13th Ter | single_family | 5 | 4 | 2,751 | $1,395,000 | — |
| 135 SW 125th Ave | single_family | 5 | 4 | 3,017 | $3,000,000 | — |
10-year hold projection
IRR35.6%
Equity multiple6.07x
Total return (10yr)$258,687
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $190,550 | $26,673 | $13,440 | $146,395 | $44,155 |
| 2 | $196,267 | $27,507 | $14,229 | $144,680 | $51,586 |
| 3 | $202,155 | $28,367 | $15,042 | $142,848 | $59,307 |
| 4 | $208,219 | $29,254 | $15,881 | $140,889 | $67,330 |
| 5 | $214,466 | $30,169 | $16,746 | $138,796 | $75,669 |
| 6 | $220,900 | $31,111 | $17,639 | $136,560 | $84,340 |
| 7 | $227,527 | $32,083 | $18,559 | $134,169 | $93,357 |
| 8 | $234,352 | $33,085 | $19,509 | $131,615 | $102,738 |
| 9 | $241,383 | $34,118 | $20,488 | $128,885 | $112,498 |
| 10 | $248,625 | $35,183 | $21,497 | $125,968 | $122,657 |
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.