1411 SE 26th Rd

Homestead, FL 33035 · single_family · Pending — under contract · 309 days on market
Asking price$485,000
3 beds 2 baths 2,024 sqft
View on Realtor.com →
Listed by Jennifer Gomez · LPT Realty
Typesingle_family
Built2021
Price / sqft$240
Est. value (own analysis)$528,593
Rent estimate (own analysis)$2,950/mo
HOA$237/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-10-29
Removed date
MLSMiamiMLS #A11895281
Coordinates25.45634, -80.43607
Address1411 SE 26th Rd
CityHomestead
StateFL
Zip33035
Listing ID9770655030
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$485,000
Down payment (20.0%)$97,000
Loan amount$388,000
Closing costs (5.0%)$24,250
Total cash to close$121,250
Rent (comp-derived)$2,950$35,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$35,400
Vacancy rate (assumption) assumption8.0%

$35,400 × 8.0% = $2,832

Effective gross income$2,714$32,568
Property tax (placeholder 1.9% of price)$768$9,215
Insurance (placeholder 0.8% of price)$323$3,880
HOA dues$237$2,844
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$148$1,770
Total operating expenses$1,476$17,709
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,568
Total operating expenses derived$17,709

$32,568 − $17,709 = $14,859

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$388,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$388,000 amortized at 6.7% over 30 years = $2,493/mo

CapEx reserve (5.0% of GSR)$148$1,770
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$14,859
Annual debt service derived$29,921
Annual CapEx reserve assumption$1,770
Annual PMI assumption$0

($14,859 − $29,921 − $1,770 − $0) ÷ 12 = -$1,403

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,859
Purchase price data$485,000

$14,859 ÷ $485,000 = 3.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$16,832
Total cash to close derived$121,250

-$16,832 ÷ $121,250 = -13.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,859
Annual debt service derived$29,921

$14,859 ÷ $29,921 = 0.50

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$35,400
Purchase price data$485,000

($35,400 ÷ 12) ÷ $485,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$485,000
Gross scheduled rent (annual) comp$35,400

$485,000 ÷ $35,400 = 13.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,709
Effective gross income derived$32,568

$17,709 ÷ $32,568 = 54.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,709
Annual debt service derived$29,921
Annual PMI assumption$0
Gross scheduled rent (annual) comp$35,400

($17,709 + $29,921 + $0) ÷ $35,400 = 134.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family331,736$3,150
single_family321,682$3,2502026-08-26
single_family321,693$3,5002026-08-26
single_family332,194$2,7502026-04-27
single_family331,736$3,1502026-04-21
single_family322,319$3,5002026-08-13
single_family331,328$2,5002026-06-17
single_family311,388$2,5002026-07-02
single_family321,336$2,9502026-08-14
single_family332,190$3,8002026-08-05
single_family331,780$3,3002026-07-08
single_family332,024$4,2002025-11-03
single_family331,452$2,600
single_family331,697$2,600
single_family331,715$3,100
single_family331,695$2,650
single_family322,319$3,500
single_family322,319$3,400
single_family331,400$2,4002026-07-04
single_family331,548$2,5502026-07-08
single_family331,612$2,6002026-06-27
single_family331,827$2,8002026-07-10
single_family321,442$2,6502026-07-03

833 SE 26th Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,736
Listed
Days on market

Asking rent: $3,150

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1707 S Curlew Ln Unit 1707

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,682
Listed2026-08-26
Days on market

Asking rent: $3,250

View on Zillow →

2019 SE 13th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,693
Listed2026-08-26
Days on market

Asking rent: $3,500

View on Zillow →

1975 SE 14th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,194
Listed2026-04-27
Days on market

Asking rent: $2,750

View on Zillow →

833 SE 26th Rd Unit 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,736
Listed2026-04-21
Days on market

Asking rent: $3,150

View on Zillow →

2225 SE 30th St Unit 2225

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed2026-08-13
Days on market

Asking rent: $3,500

View on Zillow →

2624 SE 25th

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,328
Listed2026-06-17
Days on market

Asking rent: $2,500

View on Zillow →

1451 Egret Rd Unit 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,388
Listed2026-07-02
Days on market

Asking rent: $2,500

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1901 SE 15th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed2026-08-14
Days on market

Asking rent: $2,950

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2619 SE 24th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,190
Listed2026-08-05
Days on market

Asking rent: $3,800

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2651 SE 24th Dr

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,780
Listed2026-07-08
Days on market

Asking rent: $3,300

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1411 SE 26th Rd Unit 1411

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,024
Listed2025-11-03
Days on market

Asking rent: $4,200

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2205 SE 23rd Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,452
Listed
Days on market

Asking rent: $2,600

View on Zillow →

2613 SE 13th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,697
Listed
Days on market

Asking rent: $2,600

View on Zillow →

1133 SE 13th Ter

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,715
Listed
Days on market

Asking rent: $3,100

View on Zillow →

2662 SE 10th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,695
Listed
Days on market

Asking rent: $2,650

View on Zillow →

2225 SE 30th St # 0

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed
Days on market

Asking rent: $3,500

View on Zillow →

2265 SE 30th St

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,319
Listed
Days on market

Asking rent: $3,400

View on Zillow →

2655 SE 28th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,400
Listed2026-07-04
Days on market

Asking rent: $2,400

View on Zillow →

1180 SE 26th Ave

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,548
Listed2026-07-08
Days on market

Asking rent: $2,550

View on Zillow →

18660 SE 26th Rd

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,612
Listed2026-06-27
Days on market

Asking rent: $2,600

View on Zillow →

1120 SE 26th Ct

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,827
Listed2026-07-10
Days on market

Asking rent: $2,800

View on Zillow →

2615 SE 11th Pl

Homestead, 33035 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,442
Listed2026-07-03
Days on market

Asking rent: $2,650

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
2445 SE 27th Rdsingle_family331,714$511,0002026-09-01
1579 S Goldeneye Lnsingle_family322,287$550,0002026-08-27
2073 SE 13th Stsingle_family321,494$410,0002026-08-24
1305 N Fieldlark Lnsingle_family321,317$420,0002026-08-24
1400 SE 26th Rdsingle_family332,024$495,0002026-08-11
1316 SE 18th Tersingle_family331,722$415,0002026-07-31
2445 SE 29th Drsingle_family332,527$651,1902026-07-29
1959 SE 10th Stsingle_family321,336$420,0002026-06-24
1652 Egret Rdsingle_family321,610$470,0002026-06-22
2435 SE 27th Rdsingle_family332,161$549,3192026-05-29
2428 SE 27th Tersingle_family322,190$545,2002026-05-28
1745 N Goldeneye Lnsingle_family321,655$542,0002026-05-11
1885 SE 13th Stsingle_family321,336$400,0002026-05-08
1151 SE 13th Tersingle_family321,474$320,0002026-05-07
2551 SE 16th Tersingle_family321,060$230,0002026-04-15
1988 SE 12th Stsingle_family321,494$432,0002026-04-13
1321 SE 16th Avesingle_family321,833$415,0002026-04-10
1510 SE 22nd Lnsingle_family331,919$470,0002026-04-06
1924 SE 17th Ctsingle_family321,833$425,0002026-04-01
1106 SE 13th Avesingle_family321,280$430,0002026-03-25
2111 SE 14th Cirsingle_family321,550$420,0002026-03-09
1433 SE 20th Rdsingle_family321,693$400,0002026-03-04
1370 Osprey Ctsingle_family321,110$390,0002026-02-13
2713 SE 15th Stsingle_family331,483$345,0002026-02-13
1939 SE 13th Stsingle_family331,693$405,0002026-02-10
2720 SE 24th Ctsingle_family321,780$497,8002026-02-03
2478 SE 25th Ctsingle_family321,780$595,6002026-01-22
2004 SE 15th Stsingle_family321,494$455,0002026-01-16
1387 SE 10th Stsingle_family331,715$468,0002026-01-12
2458 SE 27th Tersingle_family322,190$516,0002025-12-29
2725 Fairways Drsingle_family322,226$550,0002025-12-23
2544 SE 25th Ctsingle_family321,780$500,0002025-12-11
1020 SE 20th Rdsingle_family321,336$395,0002025-12-10
1441 SE 20th Rdsingle_family321,874$315,0002025-11-28
1089 SE 13th Tersingle_family321,275$420,0002025-11-24
1568 SE 20th Tersingle_family321,874$436,9002025-11-24
1727 Egret Rdsingle_family321,572$469,0002025-11-21
1431 SE 18th Tersingle_family331,693$450,0002025-11-21
1675 S Goldeneye Lnsingle_family321,808$483,0002025-11-05
2500 SE 25th Ctsingle_family322,190$535,6002025-11-04
1525 SE 20th Plsingle_family321,693$420,0002025-10-30
1912 SE 14th Stsingle_family321,336$420,0002025-10-21
1231 SE 16th Avesingle_family321,833$420,0002025-10-14
2075 SE 15th Stsingle_family321,494$430,0002025-10-03
1857 SE 20th Rdsingle_family332,374$620,0002025-09-25
2624 SE 25th Ctsingle_family322,190$550,0002025-09-10
1575 N Goldeneye Lnsingle_family321,808$470,0002025-09-05
2632 SE 25th Ctsingle_family322,190$527,7002025-09-05
1417 SE 22nd Lnsingle_family321,550$475,0002025-09-05

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 Rdsingle_family322,161$569,990
2455 SE 23rd Roadsingle_family321,334$414,990
2455 SE 23rd Roadsingle_family321,828$458,990
2455 SE 23rd Roadsingle_family321,668$397,990
Palm Dr & 167th Avtownhomes321,651$444,990
2815 SE 16th Ave Unit 102condos321,166$189,000
1651 SE 31st Cttownhomes331,518$305,000
1543 SE 25th St Unit 204condos321,182$200,000

10-year hold projection

IRR0.9%
Equity multiple1.14x
Total return (10yr)$80,476
YearProperty valueNOICash flowLoan balanceEquity
1$499,550$14,859-$16,832$383,793$115,757
2$514,537$15,393-$16,342$379,298$135,239
3$529,973$15,946-$15,834$374,493$155,479
4$545,872$16,517-$15,310$369,359$176,513
5$562,248$17,108-$14,766$363,872$198,376
6$579,115$17,719-$14,204$358,009$221,107
7$596,489$18,351-$13,622$351,742$244,747
8$614,383$19,004-$13,021$345,046$269,338
9$632,815$19,679-$12,398$337,889$294,926
10$651,799$20,378-$11,753$330,241$321,558
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.