427 NW 84th Ter Unit 427
Miami, FL 33150 · townhomes · For Sale · 291 days on market
Asking price$150,000
2 beds 1 baths 930 sqft
Listed by Barclay Belizaire · Keller Williams Eagle Realty
Typetownhomes
Built1958
Price / sqft$161
Est. value (Zillow, adjusted)$329,662
Rent estimate (own analysis)$1,950/mo
HOA$247/mo
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Statusfor_sale
Listed date2025-11-15
Removed date—
MLSMiamiMLS #A11909935
Coordinates25.85134, -80.20208
Address427 NW 84th Ter Unit 427
CityMiami
StateFL
Zip33150
Listing ID5045430277
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $150,000 |
| Down payment (20.0%) | $30,000 |
| Loan amount | $120,000 |
| Closing costs (5.0%) | $7,500 |
| Total cash to close | $37,500 |
| Income | |
| Rent (comp-derived) | $1,950$23,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,794$21,528 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $238$2,850 |
| Insurance (placeholder 0.8% of price) | $100$1,200 |
| HOA dues | $247$2,964 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $98$1,170 |
| Total operating expenses | $682$8,184 |
| 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) | $98$1,170 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 1 | 930 | $1,999 | 2026-06-29 | — | |
| townhomes | 2 | 1 | 930 | $1,950 | 2026-06-01 | — | |
| townhomes | 2 | 1 | 935 | $1,900 | 2026-04-27 | — | |
| townhomes | 2 | 1 | 1,244 | $1,750 | 2026-07-31 | — | |
| townhomes | 2 | 1 | 930 | $1,999 | 2026-08-25 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 434 NW 85th Street Rd Unit 434 | townhomes | 4 | 2 | 1,410 | $224,000 | 2026-05-27 |
| 315 NW 84th Ter Unit 315 | townhomes | 3 | 2 | 1,150 | $185,000 | 2026-03-30 |
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 |
|---|---|---|---|---|---|---|
| 1059 NW 77th St | single_family | 2 | 2 | 822 | $435,000 | — |
| 6545 NW 6th Ave | single_family | 2 | 1 | 650 | $535,000 | — |
| 743 NW 63rd St | single_family | 2 | 1 | 1,677 | $399,000 | — |
| 180 NW 67th St | single_family | 2 | 1 | 1,001 | $499,000 | — |
| 111 NW 64th St | single_family | 2 | 1 | 1,364 | $480,000 | — |
| 436 NW 84th Ter Unit 436 | townhomes | 2 | 1 | 930 | $165,000 | — |
| 545 NW 81st St | multi_family | 2 | 2 | 1,692 | $499,900 | — |
| 265 NW 80th St | single_family | 2 | 1 | 858 | $230,000 | — |
10-year hold projection
IRR17.4%
Equity multiple3.65x
Total return (10yr)$118,911
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $154,500 | $13,344 | $2,920 | $118,699 | $35,801 |
| 2 | $159,135 | $13,785 | $3,332 | $117,309 | $41,826 |
| 3 | $163,909 | $14,241 | $3,758 | $115,823 | $48,086 |
| 4 | $168,826 | $14,711 | $4,197 | $114,235 | $54,591 |
| 5 | $173,891 | $15,196 | $4,651 | $112,538 | $61,353 |
| 6 | $179,108 | $15,697 | $5,120 | $110,724 | $68,383 |
| 7 | $184,481 | $16,215 | $5,604 | $108,786 | $75,695 |
| 8 | $190,016 | $16,749 | $6,104 | $106,715 | $83,300 |
| 9 | $195,716 | $17,300 | $6,620 | $104,502 | $91,214 |
| 10 | $201,587 | $17,868 | $7,154 | $102,137 | $99,451 |
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.