OFF_MARKETRisky Deal14 days on market

17231 SW 115th Ave

17231 SW 115th Ave, Miami, FL 33157, Miami, FL 33157
$590,000
Zestimate®:$585,100

Listing Price

Property image 1
17231 SW 115th Ave, Miami, FL 33157
Loc: Miami, FL
Days Listed
14
Tax Assessed
$362k
Zestimate®
$585k
Market Rate
Lot Size
5,582 sqft
Rent Estimate
$3,328/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Miami Heights Elementary School

PK-5
0.3 mi away
3

Miami Southridge Senior High School

8-12
1.5 mi away
4

Richmond Heights Middle School

6-8
2 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.99%
Total ROI
14.6%
Cash Flow
$-529/mo
DSCR
0.82
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-21Sold$590,000$511
2026-03-13Pending sale$590,000$511
2026-02-27Listed for sale$590,000$511

Tax History

YearProperty TaxTax Assessment
2025$1,961.51$113,305
2024$1,910.13$110,112
2023$1,714.18$106,905
2022$1,619.78$103,792
2021$1,582.31$100,769
2020$1,563.35$99,378
2019$1,524.47$97,144
2018$1,442.05$95,333
2017$1,442.05$93,373
2016$1,428.25$91,453
2015$1,481.18$95,310
2014$1,497.34$94,554
2013$1,642.29$93,157
2012$1,642.29$102,944
2011$1,603.58$99,946
2010$1,660.4$98,469
2009$1,554.82$97,075
2007$1,742.76$69,155
2006$1,790.16$0
2005$1,790.16$0
2004$1,756.13$0
2003$1,637.37$0
2002$1,579.8$0
2001$1,579.8$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,154
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $590,000Rent Basis: Observed Comp Model ($3,328/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $295/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.01%

NOI: $23,662/yr

Cash-on-Cash Yield
-9.6%

On $135,700 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+46.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$296/mo
Homeowner / Hazard Insurance-$295/mo
Vacancy Reserve (5% of rent)-$166/mo
Repairs & Maintenance (10% of rent)-$333/mo
Property Management (8% of rent)-$266/mo
Total Pure Operating Expenses-$1,356/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,328/mo
Less: Operating Expenses-$1,356/mo
Net Operating Income (NOI)+$1,972/mo
Less: Debt Service (30yr @ 6.75%)-$3,061/mo
Net Cash Flow
$-1,090/mo
$-13,075/year
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17231 SW 115th Ave | Miami, FL | Haven AI Analysis | Haven by ScoutHavens