Ranch home in Miami, FL
This Ranch home in Miami, FL offers 5 bedrooms and 4 bathrooms across 1,862 square feet. Its Ranch character defines the property's look.
| Price | $550,000 |
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| Beds | 5 |
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| Baths | 4 |
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| Sqft | 1862 |
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| Architectural style | Ranch (41% match) |
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| Address | 11617 SW 171st St, Miami, FL 33157 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $550K, this home is 10% above the $499K median for 601 similar Ranch homes in Miami, FL.
- That works out to $295 per square foot, 1% above the $292 comparable rate.
- On the market 330 days, which is a long time; sellers are often flexible at this point.
| This home | $550,000 |
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| Ranch median in Miami, FL | $499,090 (601 homes) |
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| Price per sq ft | $295 vs. $292 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,634/month with 20% down at a 7.28% 30-year fixed rate. You would need about $155,737 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,011/mo |
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| Property tax (new-buyer reassessed rate) | $417/mo |
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| Homeowners insurance | $206/mo |
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| Total monthly | $3,634/mo |
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| Down payment (20%) | $110,000 |
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| Income needed | $155,737/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A (88 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A (88/100) |
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| Beats renting in | 69% of modeled paths |
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| Modeled 5-yr equity (median) | $419,551 |
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| Range (10th to 90th pct) | $288,665 to $579,059 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow