15575 NW 27th Ave

Miami Gardens, FL 33054 · single_family · Pending — under contract · 117 days on market
Asking price$449,000
3 beds 1 baths 864 sqft
Suggested offer$358,428$90,572 above the est. market value of $358,428.
View on Realtor.com →
Listed by Yasser Pena · Flamingo Realty Solutions LLC
Typesingle_family
Built1950
Price / sqft$520
Est. value (own analysis)$358,428
Rent estimate (own analysis)$2,500/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-08
Removed date
MLSMiamiMLS #A12015470
Coordinates25.91652, -80.24378
Address15575 NW 27th Ave
CityMiami Gardens
StateFL
Zip33054
Listing ID5138772415
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33054)

Typical home value (ZHVI)$429,838
Typical rent (ZORI)$2,279/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$449,000
Down payment (20.0%)$89,800
Loan amount$359,200
Closing costs (5.0%)$22,450
Total cash to close$112,250
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$711$8,531
Insurance (placeholder 0.8% of price)$299$3,592
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$1,135$13,623
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$13,623

$27,600 − $13,623 = $13,977

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$359,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$359,200 amortized at 6.7% over 30 years = $2,308/mo

CapEx reserve (5.0% of GSR)$125$1,500
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$13,977
Annual debt service derived$27,700
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($13,977 − $27,700 − $1,500 − $0) ÷ 12 = -$1,269

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,977
Purchase price data$449,000

$13,977 ÷ $449,000 = 3.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,223
Total cash to close derived$112,250

-$15,223 ÷ $112,250 = -13.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,977
Annual debt service derived$27,700

$13,977 ÷ $27,700 = 0.50

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$449,000

($30,000 ÷ 12) ÷ $449,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$449,000
Gross scheduled rent (annual) comp$30,000

$449,000 ÷ $30,000 = 15.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,623
Effective gross income derived$27,600

$13,623 ÷ $27,600 = 49.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,623
Annual debt service derived$27,700
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($13,623 + $27,700 + $0) ÷ $30,000 = 137.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family311,062$2,415
single_family311,076$2,210
single_family311,070$2,8002026-08-15
single_family311,020$2,5002026-07-30
single_family321,000$3,300

2445 NW 159th St

Opa Locka, 33054 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,062
Listed
Days on market

Asking rent: $2,415

View on Zillow →

2330 NW 153rd St

Opa Locka, 33054 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,076
Listed
Days on market

Asking rent: $2,210

View on Zillow →

2230 Service Rd

Opa Locka, 33054 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,070
Listed2026-08-15
Days on market

Asking rent: $2,800

View on Zillow →

Miami Gardens, 33054 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,020
Listed2026-07-30
Days on market

Asking rent: $2,500

View on Zillow →

2335 W Bunche Park Dr

Miami Gardens, 33054 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed
Days on market

Asking rent: $3,300

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
1881 NW 157th Stsingle_family32864$515,0002026-08-17
2310 W Bunche Park Drsingle_family31864$450,0002026-07-22
1749 NW 152nd Stsingle_family32$490,0002026-07-17
6848866101single_family31966$405,0002026-07-17
2525 NW 156th Stsingle_family311,020$415,0002026-07-16
1890 NW 152nd Tersingle_family321,512$500,0002026-07-15
805 Sultan Avesingle_family321,145$475,0002026-07-14
3011 NW 152nd Tersingle_family31936$417,0002026-07-10
1971 Wilmington Stsingle_family32594$425,0002026-07-10
3260 NW 132nd Tersingle_family321,205$480,0002026-07-10
16431 NW 18th Avesingle_family341,505$572,5002026-07-09
2125 NW 158th Stsingle_family311,368$350,0002026-07-07
15851 NW 18th Avesingle_family31864$400,0002026-07-02
2760 NW 164th Tersingle_family321,200$525,0002026-07-01
15770 NW 18th Plsingle_family312,541$387,0002026-06-29
16240 NW 22nd Avesingle_family321,416$550,0002026-06-29
15920 NW 41st Avesingle_family311,618$400,0002026-06-26
15210 NW 18th Avesingle_family312,280$460,0002026-06-23
2250 NW 154th Stsingle_family31988$420,0002026-06-18
2748 NW 131st Stsingle_family331,263$275,0002026-06-17
15740 NW 17th Ctsingle_family331,786$489,0002026-06-12
16401 NW 17th Ctsingle_family311,020$360,0002026-06-11
1246 Sharazad Blvdsingle_family311,306$499,9002026-06-09
3780 NW 165th Stsingle_family321,172$540,0002026-06-08
16400 NW 17th Ctsingle_family31840$347,5002026-05-29
1218 Fisherman Stsingle_family311,025$250,0002026-05-28
15210 NW 28th Plsingle_family32936$495,0002026-05-27
16000 NW 21st Avesingle_family321,152$479,0002026-05-22
2901 NW 163rd Stsingle_family31816$473,0002026-05-18
3241 NW 154th Tersingle_family321,674$545,0002026-05-14
120 Seaman Avesingle_family34888$520,0002026-05-13
841 Atlantic Avesingle_family321,080$375,0002026-05-08
15321 NW Railroad Drsingle_family31780$360,0002026-05-07
16441 NW 18th Avesingle_family31840$449,0002026-05-07
16350 NW 37th Avesingle_family311,200$525,0002026-05-06
2455 NW 158th Stsingle_family321,116$370,0002026-05-04
15330 NW 29th Ctsingle_family31936$420,0002026-05-01
16351 NW 37th Ctsingle_family321,344$485,0002026-04-30
2396 Service Rdsingle_family32950$449,0002026-04-29
941 Jann Avesingle_family321,250$478,0002026-04-28
905 Atlantic Avesingle_family31975$460,0002026-04-24
1930 NW 152nd Tersingle_family32995$445,0002026-04-22
16320 NW 19th Ctsingle_family321,405$560,0002026-04-19
15815 NW 22nd Avesingle_family31864$420,0002026-04-17
719 Harem Avesingle_family321,280$500,0002026-04-16
2310 NW 155th Stsingle_family321,080$545,0002026-04-16
945 Sharazad Blvdsingle_family32988$520,0002026-04-13
1897 Rutland Stsingle_family32999$380,0002026-04-02
15401 NW 28th Ctsingle_family31936$450,0002026-03-27
1861 NW 163rd Stsingle_family31864$325,0002026-03-20

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
16815 NW 38th Ctsingle_family321,382$499,000
16520 NW 18th Avesingle_family311,302$300,000
1210 Kasim Stsingle_family31975$165,000
2961 NW 162nd Stsingle_family321,312$579,000
820 Curtiss Drsingle_family321,008$224,900
1781 NW 152nd Tersingle_family311,289$575,000
2381 NW 153rd Stsingle_family32788$438,000
2911 NW 161st Stsingle_family31816$400,000

10-year hold projection

IRR1.1%
Equity multiple1.17x
Total return (10yr)$77,867
YearProperty valueNOICash flowLoan balanceEquity
1$462,470$13,977-$15,223$355,305$107,165
2$476,344$14,464-$14,773$351,143$125,201
3$490,634$14,968-$14,308$346,696$143,939
4$505,353$15,489-$13,826$341,942$163,411
5$520,514$16,027-$13,329$336,863$183,651
6$536,129$16,583-$12,814$331,434$204,695
7$552,213$17,157-$12,282$325,633$226,581
8$568,780$17,751-$11,732$319,433$249,347
9$585,843$18,365-$11,163$312,808$273,035
10$603,418$18,998-$10,575$305,727$297,691
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.