1445 SW 127th Ct · Tamiami, FL 33184

$215,000

3 bd · 4.0 ba · 1,185 sqft · Manufactured · 23 Days on market

Built 1997 Fair condition

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

* * Stunning Multifamily Home with Immediate Investment Potential * * This listing is for a mobile home (trailer), and potential buyers or renters should read the full description carefully before contacting the owner to ensure they understand the property& apos; s terms and conditions. One key detail is that the land on which the mobile home sits is not owned by the property owner. Instead, there is a monthly land payment to the Homeowners Association (HOA), which means the owner pays fees to use the land but does not actually own it. Buyers should be aware that purchasing this mobile home does not include ownership of the land itself. The property consists of three separate rental

Key facts

• Spacious layouts
• Recent updates
• Prime location

Tags

• THREE SEPARATE RENTAL UNITS
• FULLY EQUIPPED APARTMENTS
• RECENT UPDATES
• SPACIOUS LAYOUTS
• STRONG RENTAL HISTORY
• PRIME LOCATION

Property features AI

Exterior

• Home design: Built in 1997
• Construction: Living area approximately 1185
• Exterior features: Located in the West End subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/4.0-bath manufactured listed at $215k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $841 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $215k).
• Recommended offer: $212k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.0% vs local median 3.4% in Tamiami — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#146 in FL, #2,197 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A; Watch: cost of living D, amenities F.
• Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 82 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
• This rent runs 44% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $60k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $211,775 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.37% ✓
• Cap rate: 10.99%
• Cash-on-cash: 16.77%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.0%
• Equity multiple: 1.31×
• Total profit: $18,775
• Equity at exit: $32,057

10-year hold

• IRR: 17.2%
• Equity multiple: 2.42×
• Total profit: $85,508
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33184

• Home prices YoY: -31.1%
• Active inventory: 82
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,945 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$619
• Net cashflow: $841

Break-even live

Break-even rent $1,881

Max offer price $215,000

Occupancy floor 66%

Sensitivity live

Price	-10% $990	-5% $915	+0% $841	+5% $767	+10% $693
Rent	-10% $608	-5% $725	+0% $841	+5% $957	+10% $1,074
Rate	-1.0pp $949	-0.5pp $896	base $841	+0.5pp $785	+1.0pp $729

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12375 SW 18th St Miami, FL	2.0	2.0	1333	$2,408	$1.81	15d	1	0.38mi
12365 SW 18th Ter Unit 403 Miami, FL	2.0	2.0	1333	$2,407	$1.81	25d	1	0.40mi
12340 SW 20th Ter Unit 12340 Miami, FL	3.0	2.5	1430	$3,500	$2.45	25d	1	0.45mi
1300 SW 122nd Ave Unit 206-2 Miami, FL	2.0	2.0	1170	$2,650	$2.26	12d	1	0.55mi
1300 SW 122nd Ave Miami, FL	2.0	2.0	1170	$2,500	$2.14	6d	1	0.55mi
12245 SW 18th Ter Unit C Miami, FL	2.0	2.0	1040	$2,673	$2.57	25d	1	0.60mi
920 SW 129th Pl #402 Miami, FL	3.0	2.0	1090	$2,500	$2.29	25d	1	0.60mi
13198 SW 10th Terrace Dr Miami, FL	3.0	2.0	1458	$3,000	$2.06	25d	1	0.61mi
13198 SW 10th Terrace Dr Miami, FL	3.0	2.0	1458	$3,000	$2.06	0d	1	0.61mi
1220 SW 131st Place Cir W Unit W Miami, FL	3.0	2.0	1458	$2,800	$1.92	4d	1	0.61mi
1220 SW 131st Place Cir W Unit 1220 Miami, FL	3.0	2.0	1458	$2,900	$1.99	25d	1	0.61mi
13210 SW 17th Ln Unit B6 Miami, FL	3.0	2.0	1109	$2,450	$2.21	25d	1	0.63mi
1121 SW 122nd Ave Unit 412-2 Miami, FL	2.0	2.0	900	$2,300	$2.56	9d	1	0.64mi
1121 SW 122nd Ave #414 Miami, FL	3.0	2.0	1070	$2,700	$2.52	9d	1	0.66mi
1121 SW 122nd Ave #314 Miami, FL	3.0	2.0	1070	$2,200	$2.06	23d	1	0.66mi
1900 SW 122nd Ave Miami, FL	2.0	2.0	830	$2,380	$2.87	25d	1	0.67mi
12035 SW 18th St Unit 9-48 Miami, FL	2.0	1.5	823	$2,500	$3.04	19d	1	0.71mi
12227 SW 24th Ter #30 Miami, FL	2.0	2.0	951	$3,050	$3.21	25d	1	0.72mi
12227 SW 24th Ter #30 Miami, FL	2.0	2.0	951	$3,050	$3.21	5d	1	0.72mi
1595 SW 122nd Ave Miami, FL	2.0	1.5	954	$2,749	$2.88	9d	1	0.72mi
1595 SW 122nd Ave Unit 4-5 Miami, FL	2.0	2.5	958	$2,750	$2.87	25d	1	0.72mi
1990 SW 121st Ct #236 Miami, FL	2.0	2.5	1308	$2,450	$1.87	25d	1	0.75mi
12055 SW 19th Ln #231 Miami, FL	2.0	2.5	1210	$2,590	$2.14	6d	1	0.76mi
12534 SW 27th St Miami, FL	3.0	2.5	1488	$4,900	$3.29	25d	1	0.76mi
11960 SW 18th Ter #19 Miami, FL	3.0	3.0	1232	$3,000	$2.44	5d	1	0.79mi
2055 SW 122nd Ave #507 Miami, FL	2.0	2.0	910	$2,300	$2.53	25d	1	0.79mi
11841 SW 18th St Unit 4-21 Miami, FL	2.0	2.5	958	$2,500	$2.61	25d	1	0.79mi
13371 SW 17th Ln Unit 2-8 Miami, FL	2.0	2.0	856	$2,200	$2.57	11d	1	0.80mi
2500 SW 131st Ct Miami, FL	2.0	1.0	1100	$3,000	$2.73	2d	1	0.82mi
690 SW 120th Ave Miami, FL	3.0	2.0	1221	$3,250	$2.66	25d	1	0.82mi
11880 SW 19th Ter #113 Miami, FL	3.0	3.0	1232	$3,000	$2.44	9d	1	0.83mi
11789 SW 18th St Unit 4-30 Miami, FL	2.0	1.5	823	$2,300	$2.79	18d	1	0.83mi
13412 SW 17th Terrace Cir S Miami, FL	3.0	2.0	1144	$3,495	$3.06	0d	1	0.85mi
2075 SW 122nd Ave Miami, FL	2.0	2.0	910	$2,275	$2.50	4d	2	0.85mi
Ponce Entrance Miami, FL	2.0	1.0–2.0	733	$2,500	$3.41	18d	3	0.93mi
11800 SW 18th St Unit 410-4 Miami, FL	3.0	2.0	1294	$2,500	$1.93	23d	1	0.93mi
11800 SW 18th St Unit 517-4 Miami, FL	2.0	2.0	898	$2,250	$2.51	9d	1	0.93mi
11800 SW 18th St Unit 409-4 Miami, FL	2.0	2.0	898	$2,300	$2.56	25d	1	0.93mi
11715 SW 18th St #410 Miami, FL	2.0	2.0	954	$2,500	$2.62	25d	1	0.95mi
11800 SW 18th St Unit 108 Miami, FL	2.0	2.0	898	$2,250	$2.51	6d	1	0.95mi

Listing history 18 events

1. 2026-06-18
   days on market $215,000 Active 23 DOM
2. 2026-06-17
   days on market $215,000 Active 22 DOM
3. 2026-06-16
   days on market $215,000 Active 21 DOM
4. 2026-06-15
   days on market $215,000 Active 20 DOM
5. 2026-06-13
   days on market $215,000 Active 18 DOM
6. 2026-06-09
   days on market $215,000 Active 14 DOM
7. 2026-06-08
   days on market $215,000 Active 13 DOM
8. 2026-06-08
   days on market $215,000 Active 12 DOM
9. 2026-06-04
   days on market $215,000 Active 9 DOM
10. 2026-06-03
    days on market $215,000 Active 8 DOM
11. 2026-06-02
    days on market $215,000 Active 7 DOM
12. 2026-06-01
    days on market $215,000 Active 6 DOM
13. 2026-05-31
    days on market $215,000 Active 5 DOM
14. 2026-05-26
    listed $215,000 Active
15. 2025-03-31
    historical
16. 2025-03-27
    listed $250,000 Active
17. 2023-06-03
    historical
18. 2023-05-16
    listed $215,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $35,345
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,828
• − Management: −$2,828
• − Depreciation: −$6,255
• Taxable income: $7,092
• Est. tax owed @ 24.0%: −$1,702
• After-tax cash flow: $8,391/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 2 photos

Fair 45/100 Cosmetic rehab

This mobile home requires cosmetic repairs and maintenance to improve its condition and value. Painting, flooring, windows, and landscaping upgrades would significantly enhance its appeal and marketability.

Repairs flagged

• Moderate siding — Weathered and faded, needs repainting or replacement.
• Moderate paint — Faded, needs repainting.
• Moderate flooring — Worn, needs replacement or refinishing.
• Moderate windows — Old, may need replacement or repair.
• Moderate HVAC/mechanicals — Old, may need replacement or repair.
• Minor landscaping — Overgrown, needs trimming and maintenance.

Value-add opportunities

• Both painting the exterior and interior — Fresh paint enhances curb appeal and interior aesthetics.
• Both replacing worn flooring — New flooring improves comfort and value.
• Both replacing old windows — New windows improve energy efficiency and curb appeal.
• Both upgrading HVAC systems — Modern systems improve comfort and energy efficiency.
• Both landscaping and curb appeal improvements — A well-maintained exterior enhances curb appeal and property value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
siding · Weathered and faded, needs repainting or replacement.	Moderate	$3,000–15,000
paint · Faded, needs repainting.	Moderate	$3,000–15,000
flooring · Worn, needs replacement or refinishing.	Moderate	$3,000–15,000
windows · Old, may need replacement or repair.	Moderate	$3,000–15,000
HVAC/mechanicals · Old, may need replacement or repair.	Moderate	$3,000–15,000
landscaping · Overgrown, needs trimming and maintenance.	Minor	$500–3,000
Total estimated repair cost · 6 items		$15,500–78,000

Value-add ROI direction

• Both painting the exterior and interior — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both replacing worn flooring — New flooring improves comfort and value. ↑
• Both replacing old windows — New windows improve energy efficiency and curb appeal. ↑
• Both upgrading HVAC systems — Modern systems improve comfort and energy efficiency. ↑
• Both landscaping and curb appeal improvements — A well-maintained exterior enhances curb appeal and property value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Miami-Dade
• NCES district ID: 1200390
• Math proficiency: 45% ▼ -16.00%
• Reading proficiency: 54% ▼ -5.00%
• Median HH income: $43,928
• Composite: 41.76/100
• National rank: #3397
• State rank: #40 of 73 in FL

Livability — Tamiami

• Score: 79/100
• State rank: #146
• US rank: #2197

Category grades

Amenities F Commute B+ Cost of living D Crime A Employment B+ Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tamiami, FL
• County: Miami-Dade County · 2,697,751 people
• City population: 80,608
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 19,859
• Household income: $79,784
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1139.0

Population outlook (Miami-Dade County) Hauer SSP2

• Today (2025): 3,126,439 people
• By 2030: 3,325,765 · +6.4%
• By 2040: 3,697,561 · +18.3%
• By 2050: 4,012,134 · +28.3%
• By 2075: 4,605,612 · +47.3%
• By 2100: 4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (92%)
• Race & ethnicity: Hispanic / Latino 92% Two or more races 55% White 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 71%
• Common ancestry: Estonian 1%
• Foreign-born: 69% · Canada, Jamaica, Dominican Republic
• Languages at home: 7% English-only · Spanish 91% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Miami-Dade

• 2024 margin: R (+11.4) · D 43.9% · R 55.4%
• 2008→2024 swing: -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
• All cycles: 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -197.33%
• Current HPI: 437.8467
• Rent YoY: —
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+0.0% since first listed

5 events — show timeline

• 2026-05-26 Listed $215,000 FSBO.com
• 2025-03-31 Listing Removed — MARMLS
• 2025-03-27 Listed $250,000 MARMLS
• 2023-06-03 Listing Removed — MARMLS
• 2023-05-16 Listed $215,000 MARMLS