1191 NW 49th St
Miami, FL 33127 · single_family · For Sale · 15 days on market
Asking price$470,000
3 beds 2 baths 955 sqft
Suggested offer$427,458$42,542 above the est. market value of $427,458.
View on Realtor.com →Listed by Emanuel Martinez · Epic Choice Realty
Typesingle_family
Built1949
Price / sqft$492
Est. value (own analysis)$427,458
Rent estimate (own analysis)$3,350/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
1 / 2
Show every detail
Statusfor_sale
Listed date2026-08-18
Removed date—
MLSMiamiMLS #A12073221
Coordinates25.82048, -80.21573
Address1191 NW 49th St
CityMiami
StateFL
Zip33127
Listing ID5205483037
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33127)
Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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 | $470,000 |
| Down payment (20.0%) | $94,000 |
| Loan amount | $376,000 |
| Closing costs (5.0%) | $23,500 |
| Total cash to close | $117,500 |
| Income | |
| Rent (comp-derived) | $3,350$40,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,082$36,984 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $744$8,930 |
| Insurance (est. scaled by flood & wind risk) | $470$5,640 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $168$2,010 |
| Total operating expenses | $1,382$16,580 |
| 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) | $168$2,010 |
| 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 | 3 | 2 | 1,060 | $3,000 | — | — | |
| single_family | 3 | 2 | 1,092 | $2,800 | 2026-08-12 | — | |
| single_family | 3 | 1 | 1,077 | $2,850 | 2026-08-12 | — | |
| single_family | 3 | 2 | 1,176 | $3,995 | 2026-08-11 | — | |
| single_family | 3 | 1 | 1,144 | $3,500 | 2026-08-06 | — | |
| single_family | 3 | 2 | 1,080 | $2,700 | 2026-07-13 | — | |
| single_family | 3 | 2 | 962 | $4,500 | 2026-07-08 | — | |
| single_family | 3 | 2 | 1,100 | $3,199 | 2026-06-29 | — | |
| single_family | 3 | 2 | 1,065 | $3,750 | 2026-06-26 | — | |
| single_family | 3 | 1 | 1,146 | $3,350 | 2026-06-25 | — | |
| single_family | 3 | 2 | 1,206 | $4,200 | 2026-06-03 | — | |
| single_family | 3 | 6 | 1,107 | $7,500 | 2026-05-20 | — | |
| single_family | 3 | 2 | 1,200 | $4,250 | 2026-05-04 | — | |
| single_family | 3 | 1 | 1,107 | $3,300 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,192 | $7,000 | 2024-06-18 | — | |
| single_family | 3 | 1 | 1,000 | $2,350 | 2026-08-24 | — | |
| single_family | 3 | 2 | 1,060 | $2,900 | 2026-08-15 | — |
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 |
|---|---|---|---|---|---|---|
| 3314 NW 9th Ct | single_family | 3 | 1 | 1,020 | $385,000 | 2026-08-21 |
| 352 NW 41st St | single_family | 3 | 2 | 1,600 | $572,000 | 2026-08-14 |
| 5621 NW 11th Ave | single_family | 3 | 2 | 1,590 | $710,000 | 2026-07-29 |
| 1118 NW 47th St | single_family | 3 | 2 | 1,204 | $450,000 | 2026-07-24 |
| 1037 NW 30th St | single_family | 3 | 2 | 2,094 | $390,000 | 2026-07-23 |
| 745 NW 46th St | single_family | 3 | 1 | 1,350 | $439,000 | 2026-07-17 |
| 1151 NW 45th St | single_family | 3 | 2 | 1,287 | $625,000 | 2026-07-14 |
| 109 NW 48th St | single_family | 3 | 1 | 1,385 | $850,000 | 2026-07-10 |
| 412 NW 41st St | single_family | 3 | 2 | 1,500 | $1,300,000 | 2026-07-09 |
| 401 NW 59th Ter | single_family | 3 | 1 | 1,144 | $370,000 | 2026-07-06 |
| 154 NW 61st St | single_family | 3 | 2 | 1,250 | $369,000 | 2026-06-25 |
| 1044 NW 60th St | single_family | 3 | 1 | 1,168 | $600,000 | 2026-06-23 |
| 34 NW 34th Ter | single_family | 3 | 1 | 1,372 | $950,000 | 2026-06-23 |
| 911 NW 45th St | single_family | 3 | 2 | 878 | $525,000 | 2026-06-23 |
| 529 NW 42nd St | single_family | 3 | 2 | 1,630 | $675,000 | 2026-06-05 |
| 490 NW 47th St | single_family | 3 | 1 | 1,204 | $650,000 | 2026-06-02 |
| 575 NW 49th St | single_family | 3 | 2 | 1,172 | $630,000 | 2026-06-01 |
| 512 NW 48th St | single_family | 3 | 1 | 1,624 | $450,000 | 2026-05-28 |
| 3518 NW 11th Ave | single_family | 3 | 2 | 2,017 | $550,000 | 2026-05-25 |
| 1079 NW 25th St | single_family | 3 | 3 | — | $289,900 | 2026-05-22 |
| 5426 NW 3rd Ave | single_family | 3 | 2 | 1,198 | $345,000 | 2026-05-21 |
| 4020 NW 12th Ave | single_family | 3 | 1 | 936 | $420,000 | 2026-05-18 |
| 210 NW 43rd St | single_family | 3 | 1 | 1,016 | $2,650,000 | 2026-05-13 |
| 1011 NW 44th St | single_family | 3 | 3 | 2,147 | $780,000 | 2026-05-12 |
| 1017 NW 47th St | single_family | 3 | 2 | 1,200 | $620,000 | 2026-05-04 |
| 61 NW 53rd St | single_family | 3 | 3 | 1,080 | $630,000 | 2026-05-01 |
| 1161 NW 45th St | single_family | 3 | 2 | 1,494 | $355,000 | 2026-04-24 |
| 891 NW 32nd St | single_family | 3 | 2 | — | $500,000 | 2026-04-20 |
| 1101 NW 30th St | single_family | 3 | 2 | 1,188 | $510,000 | 2026-04-17 |
| 763 NW 41st St | single_family | 3 | 1 | 1,125 | $525,000 | 2026-04-10 |
| 351 NW 51st St | single_family | 3 | 2 | 1,767 | $510,000 | 2026-04-02 |
| 5210 NW 5th Ave | single_family | 3 | 2 | 1,599 | $630,000 | 2026-03-31 |
| 244 NW 43rd St | single_family | 3 | 2 | 1,884 | $760,000 | 2026-03-31 |
| 4701 NW 10th Ave | single_family | 3 | 2 | 1,448 | $535,000 | 2026-03-19 |
| 1101 NW 40th St | single_family | 3 | 1 | 1,622 | $468,000 | 2026-03-06 |
| 5521 NW 10th Ave | single_family | 3 | 1 | 875 | $425,000 | 2026-02-16 |
| 475 NW 42nd St | single_family | 3 | 2 | 1,461 | $840,000 | 2026-02-13 |
| 1170 NW 59th St | single_family | 3 | 2 | 1,086 | $495,000 | 2026-02-11 |
| 6590185035 | single_family | 3 | 2 | 1,168 | $369,000 | 2026-02-11 |
| 4334 NW 3rd Ave | single_family | 3 | 1 | 1,174 | $530,000 | 2026-01-30 |
| 507 NW 42nd St | single_family | 3 | 2 | 1,712 | $690,000 | 2025-12-31 |
| 1010 NW 57th St | single_family | 3 | 2 | 1,406 | $422,800 | 2025-12-19 |
| 738 NW 47th St | single_family | 3 | 1 | 1,231 | $310,000 | 2025-12-19 |
| 266 NW 42nd St | single_family | 3 | 1 | 1,028 | $799,000 | 2025-12-05 |
| 165 NW 46th St | single_family | 3 | 2 | 1,202 | $700,000 | 2025-11-27 |
| 354 NW 43rd St | single_family | 3 | 3 | 1,981 | $1,250,000 | 2025-11-26 |
| 265 NW 44th St | single_family | 3 | 2 | 1,486 | $790,000 | 2025-11-24 |
| 130 NW 48th St | single_family | 3 | 2 | 1,558 | $699,000 | 2025-11-17 |
| 3324 NW 10th Ave | single_family | 3 | 2 | 1,059 | $649,000 | 2025-11-05 |
| 530 NW 46th St | single_family | 3 | 2 | 1,300 | $750,000 | 2025-10-22 |
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 |
|---|---|---|---|---|---|---|
| 1130 NW 57th St | single_family | 3 | 2 | 1,131 | $469,900 | — |
| single_family | 3 | 2 | 1,269 | $549,950 | — | |
| 5510 NW 1st Ave | single_family | 3 | 3 | 1,178 | $870,000 | — |
| 1137 NW 55th St | single_family | 3 | 2 | 1,063 | $550,000 | — |
| 1121 NW 57th St | single_family | 3 | 2 | 1,309 | $616,000 | — |
| 736 NW 41st St | single_family | 3 | 2 | 1,277 | $569,000 | — |
| 583 NW 47th Ter | single_family | 3 | 2 | 1,182 | $747,500 | — |
| 1085 NW 26th St | single_family | 3 | 2 | 1,190 | $550,000 | — |
10-year hold projection
IRR4.4%
Equity multiple1.70x
Total return (10yr)$143,370
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $484,100 | $20,404 | -$10,601 | $371,923 | $112,177 |
| 2 | $498,623 | $21,099 | -$9,957 | $367,567 | $131,056 |
| 3 | $513,582 | $21,817 | -$9,290 | $362,911 | $150,671 |
| 4 | $528,989 | $22,559 | -$8,601 | $357,935 | $171,054 |
| 5 | $544,859 | $23,325 | -$7,889 | $352,618 | $192,241 |
| 6 | $561,205 | $24,116 | -$7,154 | $346,936 | $214,269 |
| 7 | $578,041 | $24,933 | -$6,393 | $340,863 | $237,178 |
| 8 | $595,382 | $25,777 | -$5,607 | $334,373 | $261,009 |
| 9 | $613,243 | $26,649 | -$4,795 | $327,438 | $285,805 |
| 10 | $631,641 | $27,550 | -$3,956 | $320,027 | $311,614 |
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.