775 NW 83rd St

Miami, FL 33150 · single_family · For Sale · 47 days on market
Asking price$495,000
3 beds 2 baths — sqft
View on Realtor.com →
Listed by Patricia Dillard · The N.D.I. Group, Inc.
Typesingle_family
Built1951
Price / sqft
Est. value (own analysis)$535,000
Rent estimate (own analysis)$3,200/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-17
Removed date
MLSMiamiMLS #A12055588
Coordinates25.85090, -80.21078
Address775 NW 83rd St
CityMiami
StateFL
Zip33150
Listing ID5116774136
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)

Purchase price$495,000
Down payment (20.0%)$99,000
Loan amount$396,000
Closing costs (5.0%)$24,750
Total cash to close$123,750
Rent (comp-derived)$3,200$38,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,400
Vacancy rate (assumption) assumption8.0%

$38,400 × 8.0% = $3,072

Effective gross income$2,944$35,328
Property tax (placeholder 1.9% of price)$784$9,405
Insurance (placeholder 0.8% of price)$330$3,960
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$160$1,920
Total operating expenses$1,274$15,285
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,328
Total operating expenses derived$15,285

$35,328 − $15,285 = $20,043

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$396,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$396,000 amortized at 6.7% over 30 years = $2,545/mo

CapEx reserve (5.0% of GSR)$160$1,920
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$20,043
Annual debt service derived$30,538
Annual CapEx reserve assumption$1,920
Annual PMI assumption$0

($20,043 − $30,538 − $1,920 − $0) ÷ 12 = -$1,035

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,043
Purchase price data$495,000

$20,043 ÷ $495,000 = 4.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$12,415
Total cash to close derived$123,750

-$12,415 ÷ $123,750 = -10.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,043
Annual debt service derived$30,538

$20,043 ÷ $30,538 = 0.66

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,400
Purchase price data$495,000

($38,400 ÷ 12) ÷ $495,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$495,000
Gross scheduled rent (annual) comp$38,400

$495,000 ÷ $38,400 = 12.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,285
Effective gross income derived$35,328

$15,285 ÷ $35,328 = 43.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,285
Annual debt service derived$30,538
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,400

($15,285 + $30,538 + $0) ÷ $38,400 = 119.3%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family322,334$3,8002026-08-21
single_family321,962$2,8002026-08-20
single_family311,965$3,0002026-08-19
single_family321,200$3,5002026-08-18
single_family321,812$3,8002026-08-05
single_family321,086$3,5002026-07-24
single_family311,021$2,6002026-07-13
single_family321,142$3,5002026-06-11
single_family311,400$2,5002026-05-29
single_family321,812$3,8002026-08-04
single_family32854$2,9002026-08-04
single_family32953$2,8502026-07-30
single_family32$2,4952026-03-11
single_family322,098$2,5002026-08-25
single_family322,098$2,5002026-08-25
single_family322,098$2,5002026-08-25
single_family322,098$2,5002026-08-25
single_family322,080$2,5002026-08-25
single_family322,080$2,5002026-08-25
single_family32$4,9502026-08-22
single_family32$2,4952023-11-04
single_family321,772$3,000
single_family331,400$4,000
single_family321,400$3,0002026-08-26
single_family321,368$4,7002026-08-07
single_family331,945$9,2502026-08-06
single_family321,230$5,0002026-08-26
single_family321,857$6,7002026-08-04
single_family331,894$6,3002026-07-23
single_family321,500$5,7752026-05-29
single_family321,146$4,9502026-08-02
single_family321,100$3,200
single_family321,831$4,9502026-08-16
single_family331,350$3,450
single_family321,146$4,950
single_family321,140$3,0002026-08-29
single_family311,150$3,0002026-08-31

88 NW 85th St Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,334
Listed2026-08-21
Days on market

Asking rent: $3,800

View on Zillow →

1180 NW 67th St

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,962
Listed2026-08-20
Days on market

Asking rent: $2,800

View on Zillow →

786 NW 75th St Unit F

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,965
Listed2026-08-19
Days on market

Asking rent: $3,000

View on Zillow →

399 NW 98th St Unit 399

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-08-18
Days on market

Asking rent: $3,500

View on Zillow →

444 NW 77th St # A

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,812
Listed2026-08-05
Days on market

Asking rent: $3,800

View on Zillow →

6344 NW Miami Pl

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,086
Listed2026-07-24
Days on market

Asking rent: $3,500

View on Zillow →

1012 NW 66th St Unit 0

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,021
Listed2026-07-13
Days on market

Asking rent: $2,600

View on Zillow →

9615 NW 3rd Ave

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,142
Listed2026-06-11
Days on market

Asking rent: $3,500

View on Zillow →

1185 NW 100th St Unit 1185

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,400
Listed2026-05-29
Days on market

Asking rent: $2,500

View on Zillow →

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,812
Listed2026-08-04
Days on market

Asking rent: $3,800

View on Zillow →

595 NW 101st St Unit 0

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage854
Listed2026-08-04
Days on market

Asking rent: $2,900

View on Zillow →

1160 NW 105th St

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage953
Listed2026-07-30
Days on market

Asking rent: $2,850

View on Zillow →

8021 NW 1st Pl Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage
Listed2026-03-11
Days on market

Asking rent: $2,495

View on Zillow →

927 NW 96th St Unit DU4

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,098
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

925 NW 96th St Unit DU3

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,098
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

923 NW 96th St Unit DU6

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,098
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

921 NW 96th St Unit DU5

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,098
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

997 NW 96th St Unit DU1

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,080
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

999 NW 96th St Unit DU2

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,080
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

119 NW 85th St Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage
Listed2026-08-22
Days on market

Asking rent: $4,950

View on Zillow →

9674 NW 10th Ave Lot E528

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage
Listed2023-11-04
Days on market

Asking rent: $2,495

View on Zillow →

775 NW 96th St

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,772
Listed
Days on market

Asking rent: $3,000

View on Zillow →

6852 NW 4th Ave # 0

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,400
Listed
Days on market

Asking rent: $4,000

View on Zillow →

7737 NW 9th Ave Unit 7737

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,400
Listed2026-08-26
Days on market

Asking rent: $3,000

View on Zillow →

142 NW 98th St

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,368
Listed2026-08-07
Days on market

Asking rent: $4,700

View on Zillow →

67 NW 97th St

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,945
Listed2026-08-06
Days on market

Asking rent: $9,250

View on Zillow →

125 NW 88th St Unit 0

El Portal, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,230
Listed2026-08-26
Days on market

Asking rent: $5,000

View on Zillow →

38 NW 105th St

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,857
Listed2026-08-04
Days on market

Asking rent: $6,700

View on Zillow →

101 NW 100th St

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,894
Listed2026-07-23
Days on market

Asking rent: $6,300

View on Zillow →

66 NW 87th St

El Portal, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-05-29
Days on market

Asking rent: $5,775

View on Zillow →

490 NW 90th St

El Portal, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,146
Listed2026-08-02
Days on market

Asking rent: $4,950

View on Zillow →

9634 NW 2nd Ave

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,100
Listed
Days on market

Asking rent: $3,200

View on Zillow →

53 NW 93rd St

Miami Shores, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,831
Listed2026-08-16
Days on market

Asking rent: $4,950

View on Zillow →

124 NW 89th St # 124

El Portal, 33150 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,350
Listed
Days on market

Asking rent: $3,450

View on Zillow →

490 NW 90th St # Fl33150

El Portal, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,146
Listed
Days on market

Asking rent: $4,950

View on Zillow →

790 NW 64th St

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,140
Listed2026-08-29
Days on market

Asking rent: $3,000

View on Zillow →

Miami, 33150 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,150
Listed2026-08-31
Days on market

Asking rent: $3,000

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
751 NW 70th Stsingle_family321,372$535,0002026-08-24
1086 NW 101st Stsingle_family31946$360,0002026-08-10
943 NW 63rd Stsingle_family311,021$415,0002026-08-10
28 NW 100th Stsingle_family321,976$778,0002026-08-03
430 NW 88th Stsingle_family321,908$1,030,0002026-07-30
172 NW 90th Stsingle_family321,697$1,225,0002026-07-27
7740 NW 8th Avesingle_family321,210$409,0002026-07-21
470 NW 88th Tersingle_family321,678$1,055,0002026-07-10
117 NW 102nd Stsingle_family321,393$825,0002026-06-30
440 NW 89th Stsingle_family321,920$580,0002026-06-24
7631 NW 4th Avesingle_family311,070$435,0002026-06-22
410 NW 98th Stsingle_family32957$420,0002026-06-22
6723 NW 6th Avesingle_family321,400$549,0002026-06-12
1129 NW 105th Stsingle_family321,338$340,0002026-06-09
510 NW 105th Stsingle_family321,463$680,0002026-06-08
25 NW 104th Stsingle_family311,460$785,0002026-05-26
118 NW 103rd Stsingle_family321,433$901,0002026-05-21
8700 N Miami Avesingle_family321,500$975,0002026-05-11
1061 NW 87th Stsingle_family321,642$640,0002026-05-06
7742 NW 2nd Avesingle_family32852$400,0002026-05-06
9511 NW 5th Avesingle_family321,328$580,0002026-05-05
6940 NW 5th Plsingle_family321,260$505,0002026-05-01
9900 NW 12th Avesingle_family312,147$480,0002026-05-01
574 NW 98th Stsingle_family321,376$530,0002026-04-29
827 NW 73rd Stsingle_family321,635$438,0002026-04-24
1011 NW 89th Stsingle_family331,751$710,0002026-04-23
808 NW 75th Stsingle_family321,503$450,0002026-04-23
830 NW 74th Stsingle_family31995$425,0002026-04-23
9518 N Miami Avesingle_family311,281$955,0002026-04-23
1090 NW 77th Stsingle_family321,640$565,0002026-04-22
755 NW 83rd Stsingle_family321,470$583,0002026-04-10
151 NW 87th Stsingle_family331,950$1,925,0002026-04-09
944 NW 64th Stsingle_family321,330$540,0002026-04-07
291 NW 95th Stsingle_family321,210$575,0002026-04-07
9416 NW 4th Avesingle_family321,351$300,0002026-04-03
940 NW 67th Stsingle_family321,473$340,0002026-04-01
1035 NW 64th Stsingle_family321,021$480,0002026-03-30
1150 NW 66th Stsingle_family332,427$580,0002026-03-27
860 NW 70th Stsingle_family321,252$525,0002026-03-26
8174 NW 4th Avesingle_family31854$120,0002026-03-25
748 NW 77th Tersingle_family32936$499,0002026-03-20
8280 NW 5th Avesingle_family331,056$480,0002026-03-19
1115 NW 85th Stsingle_family311,507$465,0002026-03-11
1130 NW 91st Stsingle_family321,179$535,0002026-02-18
8550 N Miami Avesingle_family321,466$765,0002026-02-10
7320 NW 11th Avesingle_family321,330$300,0002026-02-05
9674 NW 10th Ave Lot E526single_family321,144$123,9002026-01-28
475 NW 88th Tersingle_family321,728$875,0002026-01-26
10001 N Miami Avesingle_family321,935$1,015,0002026-01-09
151 NW 64th Stsingle_family321,228$430,0002025-12-19

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
595 NW 101st Stsingle_family32854$439,900
1135 NW 65th Stsingle_family31856$270,000
6950 NW 6th Ctmulti_family321,316$499,900
7010 NW 6th Avesingle_family321,203$415,000
9407 NW 4th Avesingle_family311,364$564,900
1067 NW 101st Stsingle_family321,217$558,000
multi_family321,473$560,000
8325 NW 5th Ave Unit 8325condos321,150$250,000

10-year hold projection

IRR3.6%
Equity multiple1.58x
Total return (10yr)$136,054
YearProperty valueNOICash flowLoan balanceEquity
1$509,850$20,043-$12,415$391,707$118,144
2$525,146$20,721-$11,785$387,118$138,027
3$540,900$21,421-$11,134$382,215$158,685
4$557,127$22,144-$10,462$376,975$180,152
5$573,841$22,890-$9,767$371,375$202,466
6$591,056$23,661-$9,049$365,390$225,666
7$608,788$24,458-$8,307$358,995$249,793
8$627,051$25,280-$7,540$352,160$274,891
9$645,863$26,129-$6,748$344,856$301,007
10$665,239$27,006-$5,929$337,050$328,188
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.