170 NE 68th Ter
Miami, FL 33138 · multi_family · For Sale · 232 days on market
Asking price$515,000
— beds — baths 1,376 sqft
Listed by Maria Barrera · Canvas Real Estate
Typemulti_family
Built1954
Price / sqft$374
Est. value (own analysis)$569,127
Rent estimate (building total, own analysis)$4,252/mo
HOANone
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Statusfor_sale
Listed date2026-01-13
Removed date—
MLSMiamiMLS #A11944653
Coordinates25.83760, -80.19300
Address170 NE 68th Ter
CityMiami
StateFL
Zip33138
Listing ID5182892752
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33138)
Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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 | $515,000 |
| Down payment (20.0%) | $103,000 |
| Loan amount | $412,000 |
| Closing costs (5.0%) | $25,750 |
| Total cash to close | $128,750 |
| Income | |
| Rent (estimate) | $4,252$51,022 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,912$46,940 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $815$9,785 |
| Insurance (placeholder 0.8% of price) | $343$4,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $213$2,551 |
| Total operating expenses | $1,371$16,456 |
| 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) | $213$2,551 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 545 NE 64th St | multi_family | — | — | 1,440 | $840,000 | 2026-08-31 |
| 170 NE 68th Ter | multi_family | — | — | 1,376 | $480,000 | 2026-08-28 |
| 586 NE 62nd St | multi_family | 6 | 2 | 2,250 | $1,300,000 | 2026-08-06 |
| 7715 NE 5th Ave | multi_family | — | — | 2,346 | $1,160,000 | 2026-07-10 |
| 47 NE 80th Ter | multi_family | — | — | — | $750,000 | 2026-07-10 |
| 715 NE 92nd St Apt 4 | multi_family | 5 | 4 | 2,822 | $1,175,000 | 2026-07-10 |
| 747 NE 72nd St | multi_family | 4 | 2 | 1,535 | $1,100,000 | 2026-06-24 |
| 6820 NE 5th Ave | multi_family | 4 | 4 | 2,350 | $965,500 | 2026-06-15 |
| 645 NE 62nd St | multi_family | — | — | 1,491 | $745,000 | 2026-06-09 |
| 700 NE 87th St | multi_family | 2 | 1 | 2,226 | $965,000 | 2026-05-11 |
| 15 NE 70th St | multi_family | — | — | 1,640 | $725,000 | 2026-04-17 |
| 567 NE 82nd Ter | multi_family | 6 | 6 | 4,095 | $750,000 | 2026-04-14 |
| 813 NE 81st St | multi_family | 4 | 2 | 3,123 | $1,150,000 | 2026-04-10 |
| 8640 NE 2nd Ave | multi_family | — | — | 2,420 | $1,250,000 | 2026-04-10 |
| 71 NE 67th St | multi_family | — | — | 1,762 | $375,000 | 2026-03-11 |
| 440 NE 71st St | multi_family | 4 | 2 | 2,016 | $662,500 | 2026-03-02 |
| 6918 NE 5th Ave | multi_family | — | — | 2,057 | $550,000 | 2026-01-14 |
| 7530 NE 3rd Ave | multi_family | 4 | 2 | 1,448 | $430,000 | 2025-12-17 |
| 140 NE 77th St | multi_family | 6 | 2 | 2,324 | $460,000 | 2025-12-15 |
| 445 NE 76th St | multi_family | 5 | 2 | 1,968 | $1,690,000 | 2025-12-04 |
| 8960 NE 2nd Ave | multi_family | — | — | 1,834 | $1,200,000 | 2025-11-26 |
| 524 NE 71st St | multi_family | 4 | 2 | 2,150 | $690,000 | 2025-11-18 |
| 70 NE 63rd St | multi_family | 2 | 2 | 1,617 | $3,150,000 | 2025-10-29 |
| 6250 NE 1st Ave | multi_family | 5 | 1 | 3,004 | $3,150,000 | 2025-10-29 |
| 6255 NE Miami Pl | multi_family | — | — | — | $3,150,000 | 2025-10-27 |
| 539 NE 82nd Ter | multi_family | — | — | 3,964 | $1,100,000 | 2025-10-09 |
| 145 NE 80th Ter | multi_family | — | — | — | $1,250,000 | 2025-10-03 |
| 3 NE 75th St | multi_family | — | — | 1,994 | $525,000 | 2025-09-15 |
| 10538 NE 4th Ave | multi_family | — | — | 2,820 | $1,072,000 | 2025-09-04 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR8.8%
Equity multiple2.39x
Total return (10yr)$245,907
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $530,450 | $30,484 | -$3,838 | $407,533 | $122,917 |
| 2 | $546,364 | $31,481 | -$2,905 | $402,759 | $143,604 |
| 3 | $562,754 | $32,510 | -$1,942 | $397,658 | $165,097 |
| 4 | $579,637 | $33,572 | -$947 | $392,206 | $187,431 |
| 5 | $597,026 | $34,667 | $80 | $386,380 | $210,646 |
| 6 | $614,937 | $35,798 | $1,140 | $380,153 | $234,784 |
| 7 | $633,385 | $36,965 | $2,235 | $373,500 | $259,886 |
| 8 | $652,387 | $38,170 | $3,366 | $366,389 | $285,998 |
| 9 | $671,958 | $39,412 | $4,533 | $358,790 | $313,169 |
| 10 | $692,117 | $40,695 | $5,738 | $350,669 | $341,448 |
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.