1170 NW 87th St
Miami, FL 33150 · single_family · Pending — under contract · 84 days on market
Asking price$750,000
5 beds 4 baths 2,543 sqft
Listed by Iala Rodriguez Cruz · Zafira Realty Group
Typesingle_family
Built1961
Price / sqft$295
Est. value (own analysis)$1,051,526
Rent estimate (own analysis)$9,000/mo
HOANone
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Statusfor_sale
Listed date2026-06-10
Removed date—
MLSMiamiMLS #A12033924
Coordinates25.85393, -80.21701
Address1170 NW 87th St
CityMiami
StateFL
Zip33150
Listing ID5136487820
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 | $750,000 |
| Down payment (20.0%) | $150,000 |
| Loan amount | $600,000 |
| Closing costs (5.0%) | $37,500 |
| Total cash to close | $187,500 |
| Income | |
| Rent (comp-derived) | $9,000$108,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $8,280$99,360 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,188$14,250 |
| Insurance (placeholder 0.8% of price) | $500$6,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $450$5,400 |
| Total operating expenses | $2,138$25,650 |
| 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) | $450$5,400 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 1,986 | $12,900 | 2026-08-20 | — | |
| single_family | 5 | 3 | 3,002 | $12,000 | 2026-08-19 | — | |
| single_family | 5 | 4 | 2,452 | $21,000 | 2026-08-17 | — | |
| single_family | 5 | 2 | 2,184 | $4,370 | 2026-08-14 | — | |
| single_family | 5 | 4 | 2,368 | $16,000 | 2026-08-12 | — | |
| single_family | 5 | 3 | 2,009 | $5,600 | 2026-08-06 | — | |
| single_family | 5 | 3 | 2,592 | $14,000 | 2026-07-27 | — | |
| single_family | 5 | 4 | 1,986 | $6,500 | 2026-07-08 | — | |
| single_family | 5 | 3 | 3,174 | $7,995 | 2026-07-06 | — | |
| single_family | 5 | 3 | 2,495 | $6,500 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,200 | $17,500 | 2026-07-01 | — | |
| single_family | 5 | 5 | 3,010 | $14,300 | 2026-06-26 | — | |
| single_family | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 4 | 3,029 | $24,500 | 2026-06-17 | — | |
| single_family | 5 | 4 | 3,114 | $16,000 | 2026-06-17 | — | |
| single_family | 5 | 4 | 2,092 | $9,500 | 2026-06-16 | — | |
| single_family | 5 | 3 | 2,455 | $6,400 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,588 | $6,000 | 2026-05-27 | — | |
| single_family | 5 | 3 | 2,091 | $6,999 | 2026-05-11 | — | |
| single_family | 5 | 3 | 1,940 | $18,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 1,970 | $6,850 | 2025-10-28 | — | |
| single_family | 5 | 3 | 2,189 | $12,000 | 2026-04-02 | — | |
| single_family | 5 | 4 | 3,275 | $10,000 | 2025-11-16 | — | |
| single_family | 5 | 6 | 3,115 | $30,000 | 2026-01-12 | — | |
| single_family | 5 | 4 | 2,150 | $8,500 | 2025-11-25 | — | |
| single_family | 5 | 3 | 2,702 | $5,500 | — | — | |
| single_family | 5 | 4 | 3,160 | $21,000 | 2026-08-27 | — | |
| single_family | 5 | 4 | 2,470 | $7,500 | — | — | |
| single_family | 5 | 3 | 1,752 | $5,800 | — | — | |
| single_family | 5 | 3 | 2,442 | $6,500 | 2026-08-30 | — | |
| single_family | 5 | 2 | 1,898 | $5,700 | 2026-08-31 | — | |
| single_family | 5 | 4 | 2,194 | $12,500 | 2026-09-01 | — | |
| single_family | 5 | 3 | 2,602 | $9,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 6841 NW 2nd Ct | single_family | 4 | 3 | 1,701 | $490,000 | 2026-09-01 |
| 751 NW 70th St | single_family | 3 | 2 | 1,372 | $535,000 | 2026-08-24 |
| 9025 NW 9th Ct | single_family | 2 | 1 | 958 | $300,000 | 2026-08-18 |
| 1086 NW 101st St | single_family | 3 | 1 | 946 | $360,000 | 2026-08-10 |
| 943 NW 63rd St | single_family | 3 | 1 | 1,021 | $415,000 | 2026-08-10 |
| 560 NW 97th St | single_family | 2 | 1 | 850 | $405,000 | 2026-08-07 |
| 9100 N Miami Ave | single_family | 2 | 1 | 1,367 | $623,438 | 2026-08-04 |
| 9760 NW 8th Ave | single_family | 2 | 1 | 1,224 | $230,000 | 2026-08-04 |
| 8012 NW 10th Ct | single_family | 2 | 1 | 1,014 | $469,000 | 2026-08-03 |
| 28 NW 100th St | single_family | 3 | 2 | 1,976 | $778,000 | 2026-08-03 |
| 768 NW 65th St | single_family | 2 | 1 | 994 | $315,000 | 2026-07-31 |
| 430 NW 88th St | single_family | 3 | 2 | 1,908 | $1,030,000 | 2026-07-30 |
| 360 NW 87th St | single_family | 4 | 3 | 2,149 | $1,921,000 | 2026-07-28 |
| 8224 NW 1st Pl | single_family | 4 | 3 | 1,659 | $507,500 | 2026-07-28 |
| 172 NW 90th St | single_family | 3 | 2 | 1,697 | $1,225,000 | 2026-07-27 |
| 7740 NW 8th Ave | single_family | 3 | 2 | 1,210 | $409,000 | 2026-07-21 |
| 432 NW 103rd St | single_family | 2 | 1 | 1,046 | $565,000 | 2026-07-20 |
| 5522425293 | single_family | 4 | 3 | — | $620,000 | 2026-07-17 |
| 579 NW 102nd St | single_family | 2 | 1 | 1,052 | $435,000 | 2026-07-13 |
| 470 NW 88th Ter | single_family | 3 | 2 | 1,678 | $1,055,000 | 2026-07-10 |
| 783 NW 98th St | single_family | 2 | 1 | 1,538 | $460,000 | 2026-07-08 |
| 909 NW 76th St | single_family | 5 | 3 | 2,536 | $400,000 | 2026-07-02 |
| 513 NW 99th St | single_family | 2 | 1 | 884 | $420,000 | 2026-07-02 |
| 274 NW 92nd St | single_family | 2 | 1 | 1,373 | $799,000 | 2026-07-01 |
| 117 NW 102nd St | single_family | 3 | 2 | 1,393 | $825,000 | 2026-06-30 |
| 440 NW 89th St | single_family | 3 | 2 | 1,920 | $580,000 | 2026-06-24 |
| 7631 NW 4th Ave | single_family | 3 | 1 | 1,070 | $435,000 | 2026-06-22 |
| 1161 NW 105th Ter | single_family | 4 | 2 | 1,080 | $485,000 | 2026-06-22 |
| 410 NW 98th St | single_family | 3 | 2 | 957 | $420,000 | 2026-06-22 |
| 874 NW 74th St | single_family | 4 | 2 | 1,817 | $389,000 | 2026-06-18 |
| 6723 NW 6th Ave | single_family | 3 | 2 | 1,400 | $549,000 | 2026-06-12 |
| 1129 NW 105th St | single_family | 3 | 2 | 1,338 | $340,000 | 2026-06-09 |
| 510 NW 105th St | single_family | 3 | 2 | 1,463 | $680,000 | 2026-06-08 |
| 743 NW 77th Ter | single_family | 2 | 1 | 1,023 | $493,000 | 2026-06-01 |
| 156 NW 90th St | single_family | 4 | 1 | 2,441 | $1,482,000 | 2026-05-27 |
| 545 NW 77th St | single_family | 2 | 1 | 955 | $375,000 | 2026-05-27 |
| 25 NW 104th St | single_family | 3 | 1 | 1,460 | $785,000 | 2026-05-26 |
| 7740 NW 9th Ave | single_family | 2 | 1 | 1,354 | $395,000 | 2026-05-22 |
| 118 NW 103rd St | single_family | 3 | 2 | 1,433 | $901,000 | 2026-05-21 |
| 870 NW 84th St | single_family | 4 | 1 | 1,419 | $499,000 | 2026-05-18 |
| 935 NW 75th St | single_family | 2 | 1 | 1,134 | $240,000 | 2026-05-15 |
| 180 NW 69th St | single_family | 2 | 1 | 1,178 | $550,000 | 2026-05-13 |
| 289 NW 92nd St | single_family | 2 | 1 | 1,326 | $885,000 | 2026-05-12 |
| 130 NW 102nd St | single_family | 4 | 2 | 1,373 | $1,225,000 | 2026-05-11 |
| 8700 N Miami Ave | single_family | 3 | 2 | 1,500 | $975,000 | 2026-05-11 |
| 1061 NW 87th St | single_family | 3 | 2 | 1,642 | $640,000 | 2026-05-06 |
| 8980 NW 5th Ave | single_family | 2 | 1 | 1,466 | $420,000 | 2026-05-06 |
| 7742 NW 2nd Ave | single_family | 3 | 2 | 852 | $400,000 | 2026-05-06 |
| 9511 NW 5th Ave | single_family | 3 | 2 | 1,328 | $580,000 | 2026-05-05 |
| 6940 NW 5th Pl | single_family | 3 | 2 | 1,260 | $505,000 | 2026-05-01 |
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 |
|---|---|---|---|---|---|---|
| 7628 NW 2nd Ct | multi_family | 5 | 4 | 2,210 | $649,000 | — |
| 330 NW 82nd Ter | multi_family | 5 | 3 | 1,447 | $699,000 | — |
| 57 NW 68th St | single_family | 5 | 3 | 1,968 | $675,000 | — |
| 323 NW 104th Ter | single_family | 5 | 3 | 2,049 | $929,900 | — |
| 1133 NW 79th Ter | multi_family | 5 | 4 | 3,396 | $980,000 | — |
| 10040 NW 8th Ave | multi_family | 5 | 3 | 2,119 | $599,999 | — |
| 6228 NW 4th Ave | multi_family | 5 | 2 | 1,639 | $625,000 | — |
| 9000 NW 12th Ave | single_family | 5 | 3 | 2,768 | $979,000 | — |
10-year hold projection
IRR20.6%
Equity multiple4.08x
Total return (10yr)$675,750
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,500 | $73,710 | $22,041 | $593,495 | $179,005 |
| 2 | $795,675 | $76,050 | $24,245 | $586,543 | $209,132 |
| 3 | $819,545 | $78,462 | $26,520 | $579,113 | $240,432 |
| 4 | $844,132 | $80,951 | $28,867 | $571,174 | $272,958 |
| 5 | $869,456 | $83,518 | $31,288 | $562,689 | $306,767 |
| 6 | $895,539 | $86,165 | $33,786 | $553,621 | $341,918 |
| 7 | $922,405 | $88,895 | $36,363 | $543,931 | $378,474 |
| 8 | $950,078 | $91,710 | $39,022 | $533,575 | $416,502 |
| 9 | $978,580 | $94,614 | $41,766 | $522,509 | $456,071 |
| 10 | $1,007,937 | $97,609 | $44,596 | $510,682 | $497,255 |
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.