720 NW 30th Ave

Miami, FL 33125 · single_family · For Sale · 586 days on market
Asking price$1,100,000
8 beds 8 baths 2,767 sqft
Suggested offer$1,019,556$80,444 above the est. market value of $1,019,556.
View on Realtor.com →
Listed by Angelica Lara PA · Real Estate Empire Group, Inc.
Typesingle_family
Built1947
Price / sqft$398
Est. value (own analysis)$1,019,556
Rent estimate (Zillow ZIP avg)$2,360/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-01-24
Removed date
MLSMiamiMLS #A11726081
Coordinates25.77988, -80.24411
Address720 NW 30th Ave
CityMiami
StateFL
Zip33125
Listing ID5061736894
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33125)

Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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)

Purchase price$1,100,000
Down payment (20.0%)$220,000
Loan amount$880,000
Closing costs (5.0%)$55,000
Total cash to close$275,000
Rent (ZIP avg, ZORI — not bedroom-specific)$2,360$28,320
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$28,320
Vacancy rate (assumption) assumption8.0%

$28,320 × 8.0% = $2,266

Effective gross income$2,171$26,055
Property tax (placeholder 1.9% of price)$1,742$20,900
Insurance (placeholder 0.8% of price)$733$8,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$118$1,416
Total operating expenses$2,593$31,116
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,055
Total operating expenses derived$31,116

$26,055 − $31,116 = -$5,062

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$880,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$880,000 amortized at 6.7% over 30 years = $5,655/mo

CapEx reserve (5.0% of GSR)$118$1,416
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived-$5,062
Annual debt service derived$67,861
Annual CapEx reserve assumption$1,416
Annual PMI assumption$0

(-$5,062 − $67,861 − $1,416 − $0) ÷ 12 = -$6,195

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$5,062
Purchase price data$1,100,000

-$5,062 ÷ $1,100,000 = -0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$74,339
Total cash to close derived$275,000

-$74,339 ÷ $275,000 = -27.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$5,062
Annual debt service derived$67,861

-$5,062 ÷ $67,861 = -0.07

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$28,320
Purchase price data$1,100,000

($28,320 ÷ 12) ÷ $1,100,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,100,000
Gross scheduled rent (annual) comp$28,320

$1,100,000 ÷ $28,320 = 38.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$31,116
Effective gross income derived$26,055

$31,116 ÷ $26,055 = 119.4%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$31,116
Annual debt service derived$67,861
Annual PMI assumption$0
Gross scheduled rent (annual) comp$28,320

($31,116 + $67,861 + $0) ÷ $28,320 = 349.5%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family895,200$35,0002026-03-18
single_family854,426$25,0002025-10-21

245 NE 116th St

Miami, 33161 · rent comp

Bedrooms / bathrooms8 bd / 9 ba
Square footage5,200
Listed2026-03-18
Days on market

Asking rent: $35,000

View on Zillow →

11 NW 122nd Ave

Miami, 33182 · rent comp

Bedrooms / bathrooms8 bd / 5 ba
Square footage4,426
Listed2025-10-21
Days on market

Asking rent: $25,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2850 NW 5th Stsingle_family322,347$828,0002026-08-28
3210 NW 19th Stsingle_family321,553$595,0002026-08-24
3625 NW 13th Stsingle_family311,578$699,0002026-08-12
1135 NW 32nd Ctsingle_family211,295$423,0002026-08-05
3630 NW 4th Tersingle_family311,504$535,0002026-08-03
920 NW 35th Avesingle_family431,353$690,0002026-07-31
3527 NW 17th Stsingle_family211,442$640,0002026-07-31
3310 NW 19th Tersingle_family321,435$580,0002026-07-29
725 NW 24th Ctsingle_family332,595$660,0002026-07-24
2275 NW 4th Stsingle_family322,120$720,0002026-07-23
1918 NW 19th Avesingle_family421,520$660,0002026-07-23
2152 NW 18th Stsingle_family311,464$400,0002026-07-22
3030 NW 5th Stsingle_family211,111$650,0002026-07-13
1291 NW 22nd Avesingle_family311,916$580,0002026-07-13
1644 NW 8th Tersingle_family452,640$1,100,0002026-07-10
3500 NW 14th Tersingle_family221,852$350,0002026-07-07
2810 NW 6th Stsingle_family211,328$570,0002026-06-29
860 NW 18th Plsingle_family321,272$575,0002026-06-24
1538 NW 15th Avesingle_family21810$595,5002026-06-22
1538 NW 15th Avesingle_family21810$595,5002026-06-22
2376 NW 2nd Stsingle_family541,484$860,0002026-06-19
3000 NW 5th Stsingle_family321,966$560,0002026-06-18
2965 NW 1st Stsingle_family431,350$234,0002026-06-16
2760 NW 4th Tersingle_family642,404$745,0002026-06-10
1960 NW 24th Ctsingle_family422,088$635,0002026-06-04
3431 NW 14th Tersingle_family331,870$837,0002026-06-04
2272 NW 4th Stsingle_family211,760$660,0002026-05-27
721 NW 32nd Ctsingle_family31983$460,0002026-05-27
3446 NW 17th Stsingle_family322,427$560,0002026-05-27
1030 NW 30th Avesingle_family211,100$425,0002026-05-26
2400 NW 15th Stsingle_family211,257$525,0002026-05-26
2166 NW 18th Stsingle_family321,586$490,0002026-05-21
3684 NW 19th Tersingle_family21955$400,0002026-05-20
904 NW 15th Avesingle_family322,263$549,0002026-05-18
421 NW 32nd Ctsingle_family421,842$655,0002026-05-18
1051 NW 25th Avesingle_family312,518$800,0002026-05-13
3180 NW 2nd Stsingle_family321,304$698,0002026-05-08
2840 NW 4th Stsingle_family332,346$615,0002026-05-06
831 NW 21st Ctsingle_family22832$390,0002026-05-05
830 NW 30th Ctsingle_family421,915$620,0002026-05-01
1281 NW 31st Avesingle_family321,499$630,0002026-05-01
1648 NW 28th Avesingle_family321,980$545,0002026-04-30
2031 NW South River Drsingle_family332,434$1,005,0002026-04-27
1520 NW 29th Avesingle_family321,430$745,0002026-04-23
431 NW 32nd Ctsingle_family321,492$540,0002026-04-22
2091 NW 14th Stsingle_family423,588$1,500,0002026-04-21
3430 NW 14th Tersingle_family01,884$500,0002026-04-07
46 NW 24th Ctsingle_family442,046$635,0002026-03-31
301 NW 23rd Avesingle_family221,574$445,0002026-03-27
1829 NW 31st Avesingle_family421,998$623,0002026-03-23

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.

AddressTypeBedsBathsSqftAsking priceDays on market
1717 NW 16th Stmulti_family842,975$1,200,000
600 NW 25th Ctmulti_family843,628$1,495,000
1968 NW 25th Avemulti_family864,248$1,295,000
3524 NW 4th Termulti_family884,350$1,399,000

10-year hold projection

IRR-8.2%
Equity multiple-0.38x
Total return (10yr)-$235,088
YearProperty valueNOICash flowLoan balanceEquity
1$1,133,000-$5,062-$74,339$870,459$262,541
2$1,166,990-$5,058-$74,371$860,262$306,728
3$1,202,000-$5,050-$74,399$849,366$352,634
4$1,238,060-$5,038-$74,424$837,721$400,339
5$1,275,201-$5,022-$74,446$825,276$449,925
6$1,313,458-$5,001-$74,464$811,977$501,480
7$1,352,861-$4,975-$74,478$797,765$555,096
8$1,393,447-$4,943-$74,488$782,576$610,871
9$1,435,251-$4,907-$74,493$766,345$668,905
10$1,478,308-$4,864-$74,494$748,999$729,309
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.