4850 NW 6th St
Miami, FL 33126 · multi_family · For Sale · 1 days on market
Asking price$799,000
5 beds 4 baths 2,872 sqft
Suggested offer$781,497$17,503 above the est. market value of $781,497.
View on Realtor.com →Listed by Juan Hernandez · Avanti Way
Typemulti_family
Built1962
Price / sqft$278
Est. value (own analysis)$781,497
Rent estimate (building total, own analysis)$7,812/mo
HOANone
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Statusfor_sale
Listed date2026-09-01
Removed date—
MLSMiamiMLS #A12081512
Coordinates25.77765, -80.27490
Address4850 NW 6th St
CityMiami
StateFL
Zip33126
Listing ID5085403916
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33126)
Typical home value (ZHVI)$303,717
Typical rent (ZORI)$2,370/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 | $799,000 |
| Down payment (20.0%) | $159,800 |
| Loan amount | $639,200 |
| Closing costs (5.0%) | $39,950 |
| Total cash to close | $199,750 |
| Income | |
| Rent (estimate) | $7,812$93,742 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,187$86,243 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,265$15,181 |
| Insurance (placeholder 0.8% of price) | $533$6,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $391$4,687 |
| Total operating expenses | $2,188$26,260 |
| 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) | $391$4,687 |
| 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.
No active rental listings cached yet for this bedroom count.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 4736 NW Flagler Ter | multi_family | 5 | 3 | 1,920 | $575,000 | 2026-08-11 |
| 4335 NW 3rd St | multi_family | 5 | 2 | 2,509 | $285,000 | 2026-05-29 |
| 214 NW 55th Ct | multi_family | 5 | 3 | 2,352 | $640,000 | 2026-05-12 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 470 NW 52nd Ave | multi_family | 5 | 4 | 2,299 | $775,000 | — |
| 3801 NW 2nd St | single_family | 5 | 4 | 1,130 | $555,000 | — |
| 247 NW 51st Ave | multi_family | 5 | 3 | 1,998 | $875,000 | — |
| 8657 NW 2nd St | single_family | 5 | 3 | 1,585 | $757,000 | — |
10-year hold projection
IRR13.5%
Equity multiple3.08x
Total return (10yr)$518,985
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $822,970 | $59,983 | $6,003 | $632,270 | $190,700 |
| 2 | $847,659 | $61,913 | $7,817 | $624,863 | $222,796 |
| 3 | $873,089 | $63,905 | $9,689 | $616,949 | $256,140 |
| 4 | $899,282 | $65,960 | $11,621 | $608,490 | $290,791 |
| 5 | $926,260 | $68,081 | $13,615 | $599,451 | $326,809 |
| 6 | $954,048 | $70,268 | $15,673 | $589,791 | $364,257 |
| 7 | $982,669 | $72,525 | $17,797 | $579,468 | $403,201 |
| 8 | $1,012,149 | $74,853 | $19,989 | $568,436 | $443,714 |
| 9 | $1,042,514 | $77,254 | $22,251 | $556,646 | $485,868 |
| 10 | $1,073,789 | $79,732 | $24,586 | $544,046 | $529,743 |
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.