20340 NW 42nd Ave
Miami Gardens, FL 33055 · single_family · For Sale · 32 days on market
Asking price$690,000
4 beds 3 baths 1,710 sqft
Suggested offer$628,854$61,146 above the est. market value of $628,854.
View on Realtor.com →Listed by Yohara Hernandez · My FL Home, LLC.
Typesingle_family
Built1972
Price / sqft$404
Est. value (own analysis)$628,854
Rent estimate (own analysis)$3,490/mo
HOANone
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Statusfor_sale
Listed date2026-08-01
Removed date—
MLSMiamiMLS #A12063680
Coordinates25.95902, -80.27078
Address20340 NW 42nd Ave
CityMiami Gardens
StateFL
Zip33055
Listing ID5204819037
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33055)
Typical home value (ZHVI)$504,739
Typical rent (ZORI)$3,196/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 | $690,000 |
| Down payment (20.0%) | $138,000 |
| Loan amount | $552,000 |
| Closing costs (5.0%) | $34,500 |
| Total cash to close | $172,500 |
| Income | |
| Rent (comp-derived) | $3,490$41,880 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,211$38,530 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,093$13,110 |
| Insurance (placeholder 0.8% of price) | $460$5,520 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,094 |
| Total operating expenses | $1,727$20,724 |
| 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) | $175$2,094 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,574 | $3,480 | — | — | |
| single_family | 4 | 2 | 1,673 | $4,600 | 2026-07-29 | — | |
| single_family | 4 | 2 | 1,231 | $3,100 | 2026-04-23 | — | |
| single_family | 4 | 2 | 1,605 | $3,500 | 2026-08-16 | — | |
| single_family | 4 | 2 | 1,176 | $3,600 | 2026-08-18 | — | |
| single_family | 4 | 2 | 1,540 | $3,000 | — | — | |
| single_family | 4 | 3 | 1,973 | $3,900 | — | — | |
| single_family | 4 | 2 | 1,892 | $3,250 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 19631 NW 45th Ave | single_family | 4 | 2 | 1,473 | $690,000 | 2026-08-28 |
| 17930 NW 42nd Pl | single_family | 4 | 3 | 1,599 | $680,000 | 2026-08-24 |
| 5631 NW 174th Dr | single_family | 4 | 2 | 1,170 | $565,000 | 2026-08-13 |
| 18510 NW 42nd Pl | single_family | 4 | 3 | 1,259 | $690,000 | 2026-08-07 |
| 18825 NW 52nd Ct | single_family | 4 | 2 | 1,652 | $435,000 | 2026-08-06 |
| 18520 NW 42nd Pl | single_family | 4 | 3 | 1,655 | $698,000 | 2026-08-06 |
| 5540 NW 180th Ter | single_family | 4 | 2 | 1,650 | $589,000 | 2026-07-10 |
| 18700 NW 44th Ct | single_family | 4 | 2 | 2,032 | $455,000 | 2026-06-26 |
| 4750 NW 191st St | single_family | 4 | 2 | 2,234 | $565,000 | 2026-06-16 |
| 17101 NW 47th Ave | single_family | 4 | 2 | 2,020 | $600,000 | 2026-06-12 |
| 3970 NW 186th St | single_family | 4 | 2 | 1,512 | $384,000 | 2026-06-11 |
| 3811 NW 174th St | single_family | 4 | 2 | 1,519 | $530,000 | 2026-06-05 |
| 4946 NW 186th St | single_family | 4 | 2 | 1,383 | $520,000 | 2026-06-04 |
| 4857 NW 168th Ter | single_family | 4 | 2 | 1,342 | $660,000 | 2026-05-21 |
| 5351 NW 174th Dr | single_family | 4 | 2 | 1,522 | $800,000 | 2026-05-21 |
| 5287 NW 193rd Ln | single_family | 4 | 2 | 1,575 | $470,000 | 2026-05-08 |
| 19525 NW 38th Ct | single_family | 4 | 3 | 1,828 | $675,000 | 2026-05-01 |
| 17010 NW 53rd Ave | single_family | 4 | 2 | 1,025 | $600,000 | 2026-04-29 |
| 17535 NW 49th Ct | single_family | 4 | 2 | 1,452 | $579,000 | 2026-04-28 |
| 3800 NW 208th St | single_family | 4 | 2 | 1,334 | $570,000 | 2026-04-23 |
| 18931 NW 44th Ave | single_family | 4 | 2 | 1,200 | $555,000 | 2026-04-17 |
| 17715 NW 55th Ave | single_family | 4 | 2 | 1,225 | $575,000 | 2026-04-09 |
| 4270 NW 198th St | single_family | 4 | 2 | 1,544 | $560,000 | 2026-04-09 |
| 18800 NW 39th Ct | single_family | 4 | 2 | 1,399 | $575,000 | 2026-04-02 |
| 21357 NW 39th Ave | single_family | 4 | 2 | 1,227 | $405,000 | 2026-04-01 |
| 19405 NW 47th Pl | single_family | 4 | 2 | 1,152 | $400,000 | 2026-03-31 |
| 16920 NW 53rd Ave | single_family | 4 | 2 | 2,046 | $589,000 | 2026-03-31 |
| 3740 NW 188th St | single_family | 4 | 2 | 1,678 | $595,000 | 2026-03-20 |
| 5330 NW 182nd St | single_family | 4 | 1 | 1,824 | $489,000 | 2026-03-20 |
| 4310 NW 187th Ter | single_family | 4 | 2 | — | $589,900 | 2026-03-20 |
| 3735 NW 197th St | single_family | 4 | 3 | 1,806 | $560,000 | 2026-03-17 |
| 17825 NW 57th Ave | single_family | 4 | 2 | 1,623 | $453,000 | 2026-03-10 |
| 4260 NW 169th Ter | single_family | 4 | 1 | 1,535 | $530,000 | 2026-03-04 |
| 3855 NW 210th St | single_family | 4 | 2 | 1,246 | $495,900 | 2026-03-03 |
| 3738 NW 207th Dr | single_family | 4 | 2 | 1,584 | $535,000 | 2026-02-26 |
| 3730 NW 194th St | single_family | 4 | 2 | 1,850 | $480,000 | 2026-02-23 |
| 4360 NW 205th St | single_family | 4 | 4 | 1,824 | $660,000 | 2026-02-23 |
| 19621 NW 39th Ct | single_family | 4 | 2 | 1,473 | $550,000 | 2026-02-20 |
| 5565 NW 193rd Ln | single_family | 4 | 2 | 1,414 | $520,000 | 2026-02-06 |
| 18025 NW 49th Ave | single_family | 4 | 2 | 1,164 | $675,000 | 2026-02-04 |
| 17025 NW 38th Ct | single_family | 4 | 2 | 1,200 | $540,000 | 2026-02-02 |
| 3960 NW 174th St | single_family | 4 | 2 | 1,718 | $410,000 | 2026-01-20 |
| 4172 NW 201st St | single_family | 4 | 2 | 1,732 | $385,900 | 2026-01-13 |
| 18831 NW 42nd Ct | single_family | 4 | 2 | 1,392 | $590,000 | 2026-01-13 |
| 3745 NW 171st Ter | single_family | 4 | 3 | 1,836 | $615,000 | 2026-01-05 |
| 5010 NW 190th St | single_family | 4 | 2 | 1,457 | $620,000 | 2026-01-03 |
| 4764 NW 192nd St | single_family | 4 | 2 | 1,152 | $532,000 | 2025-12-31 |
| 5420 NW 182nd St | single_family | 4 | 2 | 1,021 | $565,000 | 2025-12-31 |
| 4521 NW 207th Dr | single_family | 4 | 2 | 1,012 | $560,000 | 2025-12-22 |
| 19700 NW 48th Ave | single_family | 4 | 2 | 1,666 | $560,000 | 2025-12-18 |
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 |
|---|---|---|---|---|---|---|
| 18600 NW 38th Ct | single_family | 4 | 2 | 1,945 | $450,000 | — |
| 5341 NW 180th Ter | single_family | 4 | 2 | 1,564 | $435,000 | — |
| 3851 NW 210th Ter | single_family | 4 | 2 | 1,763 | $495,000 | — |
| 17201 NW 54th Ct | single_family | 4 | 2 | 2,034 | $650,000 | — |
| 4011 NW 171st St | single_family | 4 | 2 | 1,486 | $599,900 | — |
| 17930 NW 42nd Pl | single_family | 4 | 3 | 1,599 | $680,000 | — |
| 19522 NW 37th Ct | single_family | 4 | 2 | 1,828 | $659,000 | — |
| 17210 NW 47th Ave | single_family | 4 | 1 | 1,274 | $450,000 | — |
10-year hold projection
IRR-0.4%
Equity multiple0.94x
Total return (10yr)$79,859
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $710,700 | $17,806 | -$26,856 | $546,015 | $164,685 |
| 2 | $732,021 | $18,443 | -$26,271 | $539,619 | $192,402 |
| 3 | $753,982 | $19,103 | -$25,665 | $532,784 | $221,198 |
| 4 | $776,601 | $19,785 | -$25,038 | $525,480 | $251,121 |
| 5 | $799,899 | $20,490 | -$24,389 | $517,674 | $282,226 |
| 6 | $823,896 | $21,219 | -$23,718 | $509,331 | $314,565 |
| 7 | $848,613 | $21,973 | -$23,023 | $500,416 | $348,197 |
| 8 | $874,071 | $22,752 | -$22,304 | $490,889 | $383,182 |
| 9 | $900,294 | $23,558 | -$21,561 | $480,708 | $419,586 |
| 10 | $927,302 | $24,391 | -$20,792 | $469,827 | $457,475 |
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.