13857 SW 261st Ter
Miami, FL 33032 · single_family · For Sale · 4 days on market
Asking price$399,965
4 beds 4 baths 1,436 sqft
Suggested offer$389,888$10,077 above the est. market value of $389,888.
View on Realtor.com →Listed by Luminara
Typesingle_family
Built—
Price / sqft$279
Est. value (own analysis)$389,888
Rent estimate (own analysis)$3,500/mo
HOANone
1 / 20
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Statusfor_sale
Listed date2026-08-30
Removed date—
MLSLennar #25132600607
Coordinates—
Address13857 SW 261st Ter
CityMiami
StateFL
Zip33032
Listing ID9886608048
Sourcerealtor, cached 2026-09-01
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $399,965 |
| Down payment (20.0%) | $79,993 |
| Loan amount | $319,972 |
| Closing costs (5.0%) | $19,998 |
| Total cash to close | $99,991 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $633$7,599 |
| Insurance (placeholder 0.8% of price) | $267$3,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $1,075$12,899 |
| 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) | $175$2,100 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,567 | $3,950 | 2026-08-21 | — | |
| single_family | 4 | 3 | 1,850 | $3,000 | 2022-09-30 | — | |
| single_family | 4 | 2 | 1,742 | $3,375 | 2026-08-07 | — | |
| single_family | 4 | 4 | 1,660 | $2,850 | 2026-08-22 | — | |
| single_family | 4 | 2 | 1,614 | $3,350 | 2026-08-27 | — | |
| single_family | 4 | 3 | 1,820 | $4,350 | 2026-07-04 | — | |
| single_family | 4 | 3 | 1,827 | $3,500 | 2026-07-07 | — | |
| single_family | 4 | 3 | 1,674 | $2,900 | 2026-06-17 | — | |
| single_family | 4 | 2 | 1,725 | $3,900 | 2026-07-10 | — | |
| single_family | 4 | 3 | 1,895 | $3,800 | 2026-07-08 | — | |
| single_family | 4 | 3 | 1,765 | $3,500 | 2026-07-25 | — | |
| single_family | 4 | 2 | 1,497 | $3,600 | 2026-07-29 | — | |
| single_family | 4 | 3 | 1,790 | $3,900 | 2026-07-24 | — | |
| single_family | 4 | 3 | 1,459 | $4,500 | 2026-07-13 | — | |
| single_family | 4 | 2 | 1,886 | $4,200 | 2026-07-27 | — | |
| single_family | 4 | 4 | 1,398 | $3,550 | — | — | |
| single_family | 4 | 4 | 1,434 | $2,700 | — | — | |
| single_family | 4 | 3 | 1,820 | $2,900 | — | — | |
| single_family | 4 | 4 | 1,434 | $2,795 | — | — | |
| single_family | 4 | 3 | 1,644 | $4,300 | — | — | |
| single_family | 4 | 2 | 1,692 | $3,500 | — | — | |
| single_family | 4 | 3 | 1,728 | $2,950 | — | — | |
| single_family | 4 | 3 | 1,872 | $3,200 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 23646 SW 107th Pl | single_family | 4 | 3 | 2,552 | $600,000 | 2026-08-24 |
| 11561 SW 232nd Ln | single_family | 4 | 3 | 2,573 | $660,000 | 2026-08-21 |
| 12280 SW 251st Ter | single_family | 4 | 3 | 1,914 | $540,000 | 2026-08-21 |
| 26951 SW 119th Ct | single_family | 4 | 3 | 1,800 | $490,000 | 2026-08-21 |
| 11742 SW 250th St | single_family | 4 | 3 | 2,500 | $557,500 | 2026-08-14 |
| 23841 SW 114th Pl | single_family | 4 | 3 | 2,599 | $575,000 | 2026-08-10 |
| 25701 SW 133rd Ct | single_family | 4 | 3 | 1,611 | $575,000 | 2026-08-10 |
| 11606 SW 234th St | single_family | 4 | 3 | 2,573 | $580,000 | 2026-08-05 |
| 12981 SW 251st Ter | single_family | 4 | 2 | 1,383 | $450,000 | 2026-08-03 |
| 25324 SW 119th Ave | single_family | 4 | 3 | 2,280 | $600,000 | 2026-07-31 |
| 26604 SW 124th Ct | single_family | 4 | 4 | 2,088 | $580,000 | 2026-07-28 |
| 13403 SW 261st Ln | single_family | 4 | 3 | 1,694 | $510,000 | 2026-07-28 |
| 27121 SW 119th Ct | single_family | 4 | 2 | 2,327 | $400,000 | 2026-07-28 |
| 13243 SW 258th Ter | single_family | 4 | 3 | 2,144 | $596,500 | 2026-07-22 |
| 13319 SW 268th Ter | single_family | 4 | 3 | 2,145 | $510,000 | 2026-07-20 |
| 11624 SW 244th Ln | single_family | 4 | 3 | 2,400 | $580,000 | 2026-07-17 |
| 24210 SW 122nd Ave | single_family | 4 | 2 | 3,669 | $975,000 | 2026-07-17 |
| 11354 SW 246th St | single_family | 4 | 2 | 1,553 | $530,000 | 2026-07-14 |
| 25534 SW 122nd Pl | single_family | 4 | 3 | 2,345 | $635,000 | 2026-07-13 |
| 27902 SW 134th Ct | single_family | 4 | 3 | 2,006 | $675,000 | 2026-07-13 |
| 12260 SW 251st Ter | single_family | 4 | 2 | 1,539 | $550,000 | 2026-07-08 |
| 11339 SW 243rd Ter | single_family | 4 | 3 | 2,494 | $625,000 | 2026-07-02 |
| 11953 SW 268th Ter | single_family | 4 | 3 | 1,800 | $525,000 | 2026-06-30 |
| 25435 SW 127th Ct | single_family | 4 | 2 | 1,712 | $635,000 | 2026-06-30 |
| 11789 SW 272nd Ter | single_family | 4 | 3 | 2,136 | $550,000 | 2026-06-26 |
| 13501 SW 272nd Ter | single_family | 4 | 2 | 1,570 | $580,000 | 2026-06-26 |
| 25255 SW 127th Ct | single_family | 4 | 2 | 1,658 | $266,000 | 2026-06-26 |
| 25010 SW 107th Ct | single_family | 4 | 3 | 2,412 | $725,999 | 2026-06-23 |
| 27521 SW 154th Ave | single_family | 4 | 2 | 2,303 | $895,000 | 2026-06-22 |
| 13367 SW 268th Ter | single_family | 4 | 3 | 2,224 | $690,000 | 2026-06-19 |
| 23520 SW 107th Ct | single_family | 4 | 4 | 2,556 | $610,000 | 2026-06-15 |
| 11854 SW 272nd Ter | single_family | 4 | 2 | 2,136 | $540,000 | 2026-06-12 |
| 12145 SW 250th Ter | single_family | 4 | 3 | 2,110 | $530,000 | 2026-06-05 |
| 11276 SW 245th St | single_family | 4 | 3 | 1,932 | $550,000 | 2026-06-03 |
| 11278 SW 241st St | single_family | 4 | 3 | 2,925 | $585,000 | 2026-06-03 |
| 13160 SW 265th St | single_family | 4 | 2 | 1,470 | $585,000 | 2026-06-02 |
| 11734 SW 240th Ter | single_family | 4 | 2 | 2,599 | $615,000 | 2026-06-01 |
| 11868 SW 253rd St | single_family | 4 | 2 | 1,877 | $432,000 | 2026-05-29 |
| 11712 SW 235th St | single_family | 4 | 3 | 2,437 | $599,000 | 2026-05-28 |
| 10837 SW 242nd St | single_family | 4 | 2 | 2,516 | $620,000 | 2026-05-20 |
| 13610 SW 260th St | single_family | 4 | 3 | 1,776 | $490,000 | 2026-05-14 |
| 11263 SW 243rd Ter | single_family | 4 | 3 | 2,925 | $640,000 | 2026-05-14 |
| 11483 SW 238th St | single_family | 4 | 3 | 1,811 | $407,000 | 2026-05-14 |
| 11381 SW 247th Ter | single_family | 4 | 2 | 1,553 | $600,000 | 2026-05-13 |
| 26130 SW 130th Ave | single_family | 4 | 3 | 1,963 | $679,500 | 2026-05-11 |
| 10835 SW 245th St | single_family | 4 | 2 | 2,064 | $580,000 | 2026-05-04 |
| 13267 SW 277th Ter | single_family | 4 | 2 | 1,642 | $550,000 | 2026-05-04 |
| 12251 SW 264th St | single_family | 4 | 2 | 1,472 | $305,000 | 2026-04-27 |
| 10978 SW 243rd Ln | single_family | 4 | 2 | 1,771 | $578,000 | 2026-04-27 |
| 25107 SW 124th Ct | single_family | 4 | 3 | 1,914 | $585,000 | 2026-04-24 |
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 |
|---|---|---|---|---|---|---|
| 23660 SW 120th Ave | single_family | 4 | 6 | 3,709 | $2,625,000 | — |
| SW 139th Ave and SW 262nd | single_family | 4 | 3 | 1,436 | $395,990 | — |
| 13845 SW 261st Ter | single_family | 4 | 4 | 1,436 | $397,290 | — |
| SW 139th Ave and SW 262nd | single_family | 4 | 3 | 1,458 | $397,990 | — |
| SW 139th Ave and SW 262nd | single_family | 4 | 3 | 1,476 | $497,990 | — |
| 11509 SW 238th Ter | single_family | 4 | 3 | 1,992 | $590,000 | — |
| 13833 SW 261st Ter | townhomes | 4 | 4 | 1,458 | $401,990 | — |
| 13841 SW 261st Ter | townhomes | 4 | 4 | 1,436 | $395,990 | — |
10-year hold projection
IRR10.3%
Equity multiple2.61x
Total return (10yr)$213,364
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $411,964 | $25,741 | -$1,034 | $316,503 | $95,461 |
| 2 | $424,323 | $26,578 | -$250 | $312,795 | $111,528 |
| 3 | $437,053 | $27,441 | $560 | $308,833 | $128,219 |
| 4 | $450,164 | $28,332 | $1,396 | $304,599 | $145,565 |
| 5 | $463,669 | $29,252 | $2,259 | $300,074 | $163,595 |
| 6 | $477,579 | $30,200 | $3,150 | $295,238 | $182,341 |
| 7 | $491,907 | $31,179 | $4,069 | $290,071 | $201,836 |
| 8 | $506,664 | $32,189 | $5,018 | $284,548 | $222,116 |
| 9 | $521,864 | $33,232 | $5,998 | $278,646 | $243,218 |
| 10 | $537,520 | $34,307 | $7,010 | $272,339 | $265,181 |
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.