4419 NW 17th Ave

Miami, FL 33142 · multi_family · For Sale · 176 days on market
Asking price$399,999
4 beds 3 baths 1,652 sqft
View on Realtor.com →
Listed by Antonio Gutierrez · Carmona Realty Group, Llc
Typemulti_family
Built1938
Price / sqft$242
Est. value (own analysis)$444,898
Rent estimate (building total, own analysis)$4,147/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-10
Removed date
MLSMiamiMLS #A11980250
Coordinates25.81588, -80.22394
Address4419 NW 17th Ave
CityMiami
StateFL
Zip33142
Listing ID5066158273
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33142)

Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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$399,999
Down payment (20.0%)$80,000
Loan amount$319,999
Closing costs (5.0%)$20,000
Total cash to close$100,000
Rent (estimate)$4,147$49,758
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$49,758
Vacancy rate (assumption) assumption8.0%

$49,758 × 8.0% = $3,981

Effective gross income$3,815$45,778
Property tax (placeholder 1.9% of price)$633$7,600
Insurance (placeholder 0.8% of price)$267$3,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$207$2,488
Total operating expenses$1,107$13,288
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$45,778
Total operating expenses derived$13,288

$45,778 − $13,288 = $32,490

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$319,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$319,999 amortized at 6.7% over 30 years = $2,056/mo

CapEx reserve (5.0% of GSR)$207$2,488
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$32,490
Annual debt service derived$24,677
Annual CapEx reserve assumption$2,488
Annual PMI assumption$0

($32,490 − $24,677 − $2,488 − $0) ÷ 12 = $444

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$32,490
Purchase price data$399,999

$32,490 ÷ $399,999 = 8.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$5,325
Total cash to close derived$100,000

$5,325 ÷ $100,000 = 5.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$32,490
Annual debt service derived$24,677

$32,490 ÷ $24,677 = 1.32

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$49,758
Purchase price data$399,999

($49,758 ÷ 12) ÷ $399,999 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$399,999
Gross scheduled rent (annual) comp$49,758

$399,999 ÷ $49,758 = 8.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,288
Effective gross income derived$45,778

$13,288 ÷ $45,778 = 29.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,288
Annual debt service derived$24,677
Annual PMI assumption$0
Gross scheduled rent (annual) comp$49,758

($13,288 + $24,677 + $0) ÷ $49,758 = 76.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
multi_family421,686$3,4002026-08-24

3147 McDonald St # 2

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,686
Listed2026-08-24
Days on market

Asking rent: $3,400

View on Zillow →

Same ZIP & bedroom count. 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
1411 NW 29th Stmulti_family411,580$400,0002026-08-06
3346 NW 34th Stmulti_family421,968$530,0002026-07-15
1498 NW 58th Stmulti_family421,500$312,5002026-06-24
2521 NW 13th Avemulti_family422,095$480,0002026-05-13
2336 NW 60th Stmulti_family411,448$360,0002026-04-16
3300 NW 31st Avemulti_family421,580$265,0002026-04-09
2490 NW 44th Stmulti_family441,998$750,0002026-03-12
2035 NW 34th Stmulti_family412,106$760,0002026-02-09
4001 NW 15th Avemulti_family421,450$590,0002026-01-29
1361 NW 32nd Stmulti_family413,507$560,0002026-01-12
1860 NW 45th Stmulti_family422,112$650,0002025-12-23
1261 NW 24th Stmulti_family421,200$560,0002025-12-23
1901 NW 48th Stmulti_family432,220$775,0002025-12-04
2469 NW 35th Stmulti_family441,890$640,0002025-10-07
2535 NW 34th Stmulti_family421,961$520,0002025-09-12

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
2775 NW 57th Stmulti_family441,202$749,900
2385 NW 32nd Stsingle_family422,180$639,999
1754 NW 56th Stsingle_family421,690$430,000
3010 NW 32nd Stsingle_family421,958$630,000
3231 NW 19th Avemulti_family421,977$625,000
2651 NW 33rd Stmulti_family421,155$565,000
2124 NW 27th Stmulti_family441,750$780,000
1851 NW 34th Stmulti_family421,458$590,000

10-year hold projection

IRR15.3%
Equity multiple3.34x
Total return (10yr)$286,481
YearProperty valueNOICash flowLoan balanceEquity
1$411,999$32,490$5,325$316,530$95,469
2$424,359$33,531$6,304$312,822$111,537
3$437,090$34,605$7,314$308,860$128,230
4$450,202$35,713$8,357$304,625$145,577
5$463,708$36,856$9,433$300,100$163,609
6$477,620$38,035$10,543$295,264$182,356
7$491,948$39,251$11,689$290,096$201,852
8$506,707$40,506$12,871$284,573$222,134
9$521,908$41,800$14,092$278,671$243,237
10$537,565$43,135$15,351$272,363$265,202
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.