1110 SW 127th Ct · Tamiami, FL 33184

$165,000

3 bd · 2.0 ba · 1,056 sqft · Other · 1 Days on market

Built 2013

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

Listing remarks

Great investment opportunity located at University Lakes community! Fully remodeled mobile home built in 2013, sits on leased land. home features 3 bedrooms, 2 baths just remodeled , spacious and modern kitchen with solid wood cabinetry, pantry granite countertops, and stainless-steel appliances, an outdoor kitchen with two 2 terraces , utility house outdoor and driveway for parking four cars , washer and dryer included. Centrally located with easy access to major highways, shopping, dining, and Florida International University. Showing only by appointment. Se habla espanol .

Key facts

• Solid wood cabinetry
• Granite countertops
• Built 2013

Tags

• UNIVERSITY LAKES COMMUNITY
• REMODELED MOBILE HOME
• SPACIOUS MODERN KITCHEN
• SOLID WOOD CABINETRY
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES

Property features AI

Exterior

• Home design: Built in 2013
• Construction: Living area approximately 1056
• Exterior features: Located in the West End subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $165k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $165k).
• Cap rate 14.7% 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: 80 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $5k 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 $46k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $165,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.76% ✓
• Cap rate: 14.65%
• Cash-on-cash: 29.85%
• DSCR: 2.33
• GRM: 4.7

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: 24.4%
• Equity multiple: 2.01×
• Total profit: $46,510
• Equity at exit: $24,602

10-year hold

• IRR: 32.2%
• Equity multiple: 3.92×
• Total profit: $134,938
• Equity at exit: $14,266

Cash invested: $46,200 (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: 80
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,898 high
• Mortgage (P&I): −$865
• Tax est. 1.5%: −$206 /mo · $2,475/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$609
• Net cashflow: $1,149

Break-even live

Break-even rent $1,443

Max offer price $165,000

Occupancy floor 55%

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: $41,250
• Closing costs: $4,950
• 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	13d	1	0.46mi
920 SW 129th Pl #402 Miami, FL	3.0	2.0	1090	$2,500	$2.29	24d	1	0.50mi
12365 SW 18th Ter Unit 403 Miami, FL	2.0	2.0	1333	$2,407	$1.81	24d	1	0.52mi
1300 SW 122nd Ave Miami, FL	2.0	2.0	1170	$2,500	$2.14	4d	1	0.55mi
1300 SW 122nd Ave Unit 206-2 Miami, FL	2.0	2.0	1170	$2,650	$2.26	10d	1	0.55mi
13198 SW 10th Terrace Dr Miami, FL	3.0	2.0	1458	$3,000	$2.06	24d	1	0.55mi
12340 SW 20th Ter Unit 12340 Miami, FL	3.0	2.5	1430	$3,500	$2.45	24d	1	0.61mi
1220 SW 131st Place Cir W Unit 1220 Miami, FL	3.0	2.0	1458	$2,900	$1.99	24d	1	0.62mi
1220 SW 131st Place Cir W Unit W Miami, FL	3.0	2.0	1458	$2,800	$1.92	2d	1	0.62mi
1121 SW 122nd Ave Unit 412-2 Miami, FL	2.0	2.0	900	$2,300	$2.56	7d	1	0.63mi
1121 SW 122nd Ave #414 Miami, FL	3.0	2.0	1070	$2,700	$2.52	7d	1	0.65mi
1121 SW 122nd Ave #314 Miami, FL	3.0	2.0	1070	$2,200	$2.06	21d	1	0.65mi
12245 SW 18th Ter Unit C Miami, FL	2.0	2.0	1040	$2,673	$2.57	24d	1	0.69mi
690 SW 120th Ave Miami, FL	3.0	2.0	1221	$3,250	$2.66	24d	1	0.70mi
13210 SW 17th Ln Unit B6 Miami, FL	3.0	2.0	1109	$2,450	$2.21	24d	1	0.71mi
Ponce Entrance Miami, FL	2.0	1.0–2.0	733	$2,500	$3.41	16d	3	0.73mi
1595 SW 122nd Ave Miami, FL	2.0	1.5	954	$2,749	$2.88	7d	1	0.76mi
1595 SW 122nd Ave Unit 4-5 Miami, FL	2.0	2.5	958	$2,750	$2.87	24d	1	0.76mi
1900 SW 122nd Ave Miami, FL	2.0	2.0	830	$2,380	$2.87	24d	1	0.77mi
12035 SW 18th St Unit 9-48 Miami, FL	2.0	1.5	823	$2,500	$3.04	17d	1	0.77mi
11841 SW 18th St Unit 4-21 Miami, FL	2.0	2.5	958	$2,500	$2.61	24d	1	0.84mi
12055 SW 19th Ln #231 Miami, FL	2.0	2.5	1210	$2,590	$2.14	5d	1	0.85mi
1990 SW 121st Ct #236 Miami, FL	2.0	2.5	1308	$2,450	$1.87	24d	1	0.85mi
11960 SW 18th Ter #19 Miami, FL	3.0	3.0	1232	$3,000	$2.44	4d	1	0.86mi
13371 SW 17th Ln Unit 2-8 Miami, FL	2.0	2.0	856	$2,200	$2.57	10d	1	0.87mi
12227 SW 24th Ter #30 Miami, FL	2.0	2.0	951	$3,050	$3.21	3d	1	0.88mi
12227 SW 24th Ter #30 Miami, FL	2.0	2.0	951	$3,050	$3.21	24d	1	0.88mi
11789 SW 18th St Unit 4-30 Miami, FL	2.0	1.5	823	$2,300	$2.79	16d	1	0.88mi
2055 SW 122nd Ave #507 Miami, FL	2.0	2.0	910	$2,300	$2.53	24d	1	0.90mi
11880 SW 19th Ter #113 Miami, FL	3.0	3.0	1232	$3,000	$2.44	7d	1	0.91mi
2075 SW 122nd Ave Miami, FL	2.0	2.0	910	$2,275	$2.50	2d	2	0.96mi
12534 SW 27th St Miami, FL	3.0	2.5	1488	$4,900	$3.29	24d	1	0.97mi
2500 SW 131st Ct Miami, FL	2.0	1.0	1100	$3,000	$2.73	1d	1	0.99mi
11715 SW 18th St #410 Miami, FL	2.0	2.0	954	$2,500	$2.62	24d	1	1.00mi
11800 SW 18th St Unit 517-4 Miami, FL	2.0	2.0	898	$2,250	$2.51	7d	1	1.03mi
11800 SW 18th St Unit 409-4 Miami, FL	2.0	2.0	898	$2,300	$2.56	24d	1	1.03mi
11800 SW 18th St Unit 410-4 Miami, FL	3.0	2.0	1294	$2,500	$1.93	21d	1	1.03mi
1050 SW 137th Ct Miami, FL	2.0	2.0	1000	$2,700	$2.70	24d	1	1.03mi
11780 SW 18th St Unit 219-2 Miami, FL	3.0	2.0	1114	$2,500	$2.24	20d	1	1.04mi
11800 SW 18th St Unit 108 Miami, FL	2.0	2.0	898	$2,250	$2.51	5d	1	1.04mi

Listing history 2 events

1. 2026-06-18
   remarks 584-char remark
2. 2026-06-18
   listed $165,000 Active 1 DOM

ⓘ 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: $34,779
• − Mortgage interest: −$9,243
• − Property taxes: −$2,475
• − Insurance: −$825
• − Repairs & maintenance: −$2,782
• − Management: −$2,782
• − Depreciation: −$4,800
• Taxable income: $11,872
• Est. tax owed @ 24.0%: −$2,849
• After-tax cash flow: $10,943/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.

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

1 event — show timeline

• 2026-06-18 Listed $165,000 FSBO.com