19440 NE 26th Ave Unit 52B

Miami, FL 33180 · townhomes · For Sale · 98 days on market
Asking price$480,000
3 beds 3 baths 1,688 sqft
Suggested offer$422,101$57,899 above the est. market value of $422,101.
View on Realtor.com →
Listed by Ainur Zhumabekova · Trust Invest Real Estate Corp
Typetownhomes
Built1973
Price / sqft$284
Est. value (own analysis)$422,101
Rent estimate (own analysis)$3,350/mo
HOA$898/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-28
Removed date
MLSMiamiMLS #A12026507
Coordinates25.95451, -80.15122
Address19440 NE 26th Ave Unit 52B
CityMiami
StateFL
Zip33180
Listing ID5199306337
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33180)

Typical home value (ZHVI)$463,036
Typical rent (ZORI)$3,210/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$480,000
Down payment (20.0%)$96,000
Loan amount$384,000
Closing costs (5.0%)$24,000
Total cash to close$120,000
Rent (comp-derived)$3,350$40,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$40,200
Vacancy rate (assumption) assumption8.0%

$40,200 × 8.0% = $3,216

Effective gross income$3,082$36,984
Property tax (placeholder 1.9% of price)$760$9,120
Insurance (placeholder 0.8% of price)$320$3,840
HOA dues$898$10,776
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$168$2,010
Total operating expenses$2,146$25,746
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$36,984
Total operating expenses derived$25,746

$36,984 − $25,746 = $11,238

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$384,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$384,000 amortized at 6.7% over 30 years = $2,468/mo

CapEx reserve (5.0% of GSR)$168$2,010
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$11,238
Annual debt service derived$29,612
Annual CapEx reserve assumption$2,010
Annual PMI assumption$0

($11,238 − $29,612 − $2,010 − $0) ÷ 12 = -$1,699

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,238
Purchase price data$480,000

$11,238 ÷ $480,000 = 2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$20,384
Total cash to close derived$120,000

-$20,384 ÷ $120,000 = -17.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,238
Annual debt service derived$29,612

$11,238 ÷ $29,612 = 0.38

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$40,200
Purchase price data$480,000

($40,200 ÷ 12) ÷ $480,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$480,000
Gross scheduled rent (annual) comp$40,200

$480,000 ÷ $40,200 = 11.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,746
Effective gross income derived$36,984

$25,746 ÷ $36,984 = 69.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,746
Annual debt service derived$29,612
Annual PMI assumption$0
Gross scheduled rent (annual) comp$40,200

($25,746 + $29,612 + $0) ÷ $40,200 = 137.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,520$6,0002026-06-29
townhomes321,579$2,9002026-05-29
townhomes331,365$3,7002026-05-18
townhomes331,365$3,000

21145 Helmsman Dr Apt N11

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,520
Listed2026-06-29
Days on market

Asking rent: $6,000

View on Zillow →

19200 NE 25th Ave Unit 322C

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,579
Listed2026-05-29
Days on market

Asking rent: $2,900

View on Zillow →

20937 Bay Ct Unit 111-1

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,365
Listed2026-05-18
Days on market

Asking rent: $3,700

View on Zillow →

20908 Leeward Ct # 231-3

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,365
Listed
Days on market

Asking rent: $3,000

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
19220 NE 25th Ave Unit 271Btownhomes331,688$400,0002026-07-16
20200 W Country Club Dr Apt 112townhomes331,330$350,0002026-07-13
3525 Magellan Cir Apt 626townhomes331,707$720,0002026-07-08
20350 W Country Club Dr Apt 123townhomes331,330$312,5002026-06-15
20350 W Country Club Dr Unit 120-4townhomes331,330$270,0002026-06-10
21160 Mainsail Cir Apt H12townhomes331,520$625,0002026-06-10

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
2558 NE 206th Tersingle_family332,053$1,269,000
20950 NE 25th Ctsingle_family321,800$1,790,000
2450 NE 209th Tersingle_family331,609$1,345,000
2535 NE 193rd St Unit 3104condos331,275$465,000
2505 NE 193rd St Unit 4108condo_townhome_rowhome_coop331,309$495,000
2501 NE 209th Tersingle_family321,375$1,350,000
19220 NE 25th Ave Unit 274Btownhomes331,688$488,180
2841 NE 185th St Apt 514townhomes321,450$505,000

10-year hold projection

IRR-1.2%
Equity multiple0.80x
Total return (10yr)$39,140
YearProperty valueNOICash flowLoan balanceEquity
1$494,400$11,238-$20,384$379,837$114,563
2$509,232$11,704-$19,969$375,387$133,845
3$524,509$12,187-$19,537$370,632$153,877
4$540,244$12,688-$19,089$365,551$174,693
5$556,452$13,207-$18,624$360,121$196,331
6$573,145$13,745-$18,141$354,317$218,828
7$590,339$14,303-$17,640$348,115$242,224
8$608,050$14,882-$17,120$341,488$266,562
9$626,291$15,481-$16,580$334,405$291,886
10$645,080$16,103-$16,020$326,836$318,244
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.