15770 NW 18th Pl
Miami Gardens, FL 33054 · single_family · For Sale · 4 days on market
Asking price$649,900
5 beds 3 baths 2,541 sqft
Listed by Vladimir Guia Robaina · Realty One Group Evolution
Typesingle_family
Built1953
Price / sqft$256
Est. value (own analysis)$811,491
Rent estimate (own analysis)$3,990/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 44
Show every detail
Statusfor_sale
Listed date2026-08-29
Removed date—
MLSMiamiMLS #A12079950
Coordinates25.91832, -80.23208
Address15770 NW 18th Pl
CityMiami Gardens
StateFL
Zip33054
Listing ID5155877482
Sourceus-real-estate-listings, cached 2026-08-31
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $649,900 |
| Down payment (20.0%) | $129,980 |
| Loan amount | $519,920 |
| Closing costs (5.0%) | $32,495 |
| Total cash to close | $162,475 |
| Income | |
| Rent (comp-derived) | $3,990$47,880 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,671$44,050 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,029$12,348 |
| Insurance (est. scaled by flood & wind risk) | $693$8,319 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,394 |
| Total operating expenses | $1,922$23,061 |
| 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) | $200$2,394 |
| 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 | 2 | 1,720 | $2,995 | 2026-07-12 | — | |
| single_family | 5 | 3 | 1,468 | $3,680 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,118 | $4,500 | 2026-08-27 | — | |
| single_family | 5 | 2 | 1,491 | $4,300 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 2330 Rutland St | single_family | 5 | 2 | 1,622 | $518,000 | 2026-07-24 |
| 730 Curtiss Dr | single_family | 5 | 2 | 2,942 | $685,000 | 2026-02-23 |
| 15920 NW 17th Ct | single_family | 5 | 2 | 1,432 | $580,000 | 2026-02-19 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 16100 NW 28th Ct | single_family | 5 | 3 | 2,002 | $689,000 | — |
| multi_family | 5 | 4 | 2,189 | $615,000 | — | |
| 15803 NW 47th Ave | multi_family | 5 | 3 | 1,743 | $749,900 | — |
| 2830 NW 156th St | single_family | 5 | 3 | 2,051 | $760,000 | — |
| 15801 NW 47th Ave | multi_family | 5 | 3 | 1,789 | $749,900 | — |
| 2390 Service Rd | single_family | 5 | 3 | 1,864 | $599,000 | — |
10-year hold projection
IRR1.3%
Equity multiple1.21x
Total return (10yr)$119,770
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $669,397 | $20,989 | -$21,499 | $514,283 | $155,114 |
| 2 | $689,479 | $21,734 | -$20,814 | $508,259 | $181,220 |
| 3 | $710,163 | $22,504 | -$20,105 | $501,821 | $208,343 |
| 4 | $731,468 | $23,300 | -$19,372 | $494,941 | $236,528 |
| 5 | $753,412 | $24,123 | -$18,613 | $487,588 | $265,824 |
| 6 | $776,015 | $24,974 | -$17,828 | $479,731 | $296,284 |
| 7 | $799,295 | $25,854 | -$17,016 | $471,334 | $327,961 |
| 8 | $823,274 | $26,763 | -$16,176 | $462,360 | $360,914 |
| 9 | $847,972 | $27,703 | -$15,307 | $452,770 | $395,202 |
| 10 | $873,411 | $28,675 | -$14,409 | $442,522 | $430,889 |
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.