2171 NW 49th St

Miami, FL 33142 · single_family · For Sale · 110 days on market
Asking price$540,000
3 beds 2 baths 826 sqft
Suggested offer$278,775$261,225 above the est. market value of $278,775.
View on Realtor.com →
Listed by Horacio Ferrando · Avenew Realty Corp
Typesingle_family
Built1926
Price / sqft$654
Est. value (own analysis)$278,775
Rent estimate (own analysis)$2,900/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-15
Removed date
MLSMiamiMLS #A12020214
Coordinates25.81998, -80.23190
Address2171 NW 49th St
CityMiami
StateFL
Zip33142
Listing ID5181705440
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33142)

Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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$540,000
Down payment (20.0%)$108,000
Loan amount$432,000
Closing costs (5.0%)$27,000
Total cash to close$135,000
Rent (comp-derived)$2,900$34,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$34,800
Vacancy rate (assumption) assumption8.0%

$34,800 × 8.0% = $2,784

Effective gross income$2,668$32,016
Property tax (placeholder 1.9% of price)$855$10,260
Insurance (est. scaled by flood & wind risk)$576$6,912
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$145$1,740
Total operating expenses$1,576$18,912
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,016
Total operating expenses derived$18,912

$32,016 − $18,912 = $13,104

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$432,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$432,000 amortized at 6.7% over 30 years = $2,776/mo

CapEx reserve (5.0% of GSR)$145$1,740
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$13,104
Annual debt service derived$33,314
Annual CapEx reserve assumption$1,740
Annual PMI assumption$0

($13,104 − $33,314 − $1,740 − $0) ÷ 12 = -$1,829

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,104
Purchase price data$540,000

$13,104 ÷ $540,000 = 2.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,950
Total cash to close derived$135,000

-$21,950 ÷ $135,000 = -16.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,104
Annual debt service derived$33,314

$13,104 ÷ $33,314 = 0.39

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$34,800
Purchase price data$540,000

($34,800 ÷ 12) ÷ $540,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$540,000
Gross scheduled rent (annual) comp$34,800

$540,000 ÷ $34,800 = 15.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,912
Effective gross income derived$32,016

$18,912 ÷ $32,016 = 59.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,912
Annual debt service derived$33,314
Annual PMI assumption$0
Gross scheduled rent (annual) comp$34,800

($18,912 + $33,314 + $0) ÷ $34,800 = 150.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family311,052$2,3002026-08-24
single_family321,027$3,000
single_family321,086$3,2502025-07-02
single_family32725$2,8002026-08-28

2129 NW 44th St Unit 2129

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,052
Listed2026-08-24
Days on market

Asking rent: $2,300

View on Zillow →

3710 NW 13th Pl

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,027
Listed
Days on market

Asking rent: $3,000

View on Zillow →

2448 NW 42nd St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,086
Listed2025-07-02
Days on market

Asking rent: $3,250

View on Zillow →

2754 NW 60th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage725
Listed2026-08-28
Days on market

Asking rent: $2,800

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
5267589405single_family321,256$415,0002026-08-11
2045 NW 34th Stsingle_family321,469$510,0002026-08-07
1500 NW 44th Stsingle_family311,319$395,0002026-08-07
1892 NW 42nd Stsingle_family321,295$410,0002026-07-31
3195 NW 49th Stsingle_family321,080$475,0002026-07-22
1521 NW 51st Stsingle_family321,053$480,0002026-07-22
4048 NW 22nd Ctsingle_family311,449$400,0002026-07-22
2153 NW 24th Stsingle_family312,618$400,0002026-07-21
2933 NW 48th Tersingle_family32810$435,0002026-07-20
2331 NW 55th Tersingle_family32667$420,0002026-07-17
2410 NW 43rd Stsingle_family321,170$475,0002026-07-17
5995 NW 24th Avesingle_family321,798$515,0002026-07-16
3231 NW 48th Tersingle_family311,208$493,0002026-07-14
2951 NW 57th Stsingle_family321,450$535,0002026-07-13
4711 NW 16th Avesingle_family31888$340,0002026-07-10
1733 NW 40th Stsingle_family321,711$414,0002026-07-06
2450 NW 32nd Stsingle_family321,476$495,0002026-06-30
2255 NW 60th Stsingle_family321,104$490,0002026-06-24
3249 NW 51st Stsingle_family311,468$523,0002026-06-18
2129 NW 59th Stsingle_family32988$400,0002026-06-16
1925 NW 49th Stsingle_family321,425$554,8002026-06-16
3280 NW 51st Tersingle_family321,748$642,0002026-06-11
1451 NW 43rd Stsingle_family321,592$399,9002026-06-09
1328 NW 31st Stsingle_family311,143$380,0002026-06-09
5825 NW 13th Avesingle_family321,284$420,0002026-06-02
1995 NW 58th Stsingle_family321,038$490,0002026-06-02
3099 NW 51st Stsingle_family31794$235,0002026-05-29
6832141397single_family321,209$455,0002026-05-28
1340 NW 52nd Stsingle_family31953$400,0002026-05-26
3265 NW 50th Stsingle_family31$415,0002026-05-15
3364 NW 51st Tersingle_family311,435$440,0002026-05-14
1781 NW 49th Stsingle_family321,600$540,0002026-05-11
1721 NW 51st Stsingle_family321,560$510,0002026-04-30
3354 NW 50th Stsingle_family321,554$485,0002026-04-24
1800 NW 46th Stsingle_family321,450$420,0002026-04-23
2951 NW 47th Stsingle_family321,010$495,0002026-04-09
2040 NW 34th Stsingle_family321,218$555,0002026-04-07
2350 NW 55th Tersingle_family321,189$245,0002026-04-06
1811 NW 55th Stsingle_family311,035$380,0002026-04-02
1955 NW 55th Stsingle_family311,160$320,0002026-04-01
3090 NW 33rd Stsingle_family322,560$752,0002026-04-01
1720 NW 44th Stsingle_family321,500$475,0002026-03-31
1950 NW 57th Stsingle_family321,008$445,0002026-03-31
3049 NW 51st Stsingle_family321,292$400,0002026-03-30
2626 NW 13th Avesingle_family321,484$380,0002026-03-30
1401 NW 44th Stsingle_family331,462$390,0002026-03-20
2850 NW 56th Stsingle_family321,825$550,0002026-03-20
4417 NW 23rd Ctsingle_family31885$474,9002026-03-18
3140 NW 60th Stsingle_family321,560$530,0002026-03-16
3235 NW 23rd Avesingle_family321,113$433,0002026-03-03

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
5300 NW 30th Plsingle_family321,508$538,900
1300 NW 42nd Stsingle_family32989$489,000
3300 NW 50th Stsingle_family31832$419,000
3073 NW 59th Stsingle_family31960$489,000
3035 NW 55th Stsingle_family31957$375,000
6021 NW 21st Avesingle_family311,000$399,990
2030 NW 43rd Stsingle_family321,555$450,000
3111 NW 57th Stsingle_family321,656$549,500

10-year hold projection

IRR-0.8%
Equity multiple0.87x
Total return (10yr)$52,542
YearProperty valueNOICash flowLoan balanceEquity
1$556,200$13,104-$21,950$427,316$128,884
2$572,886$13,592-$21,506$422,311$150,575
3$590,073$14,096-$21,046$416,961$173,111
4$607,775$14,619-$20,569$411,245$196,530
5$626,008$15,159-$20,075$405,136$220,872
6$644,788$15,718-$19,564$398,607$246,181
7$664,132$16,297-$19,035$391,630$272,502
8$684,056$16,895-$18,487$384,174$299,882
9$704,578$17,514-$17,919$376,206$328,372
10$725,715$18,155-$17,332$367,690$358,024
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.