3851 NW 210th Ter

Miami Gardens, FL 33055 · single_family · For Sale · 57 days on market
Asking price$495,000
4 beds 2 baths 1,763 sqft
View on Realtor.com →
Listed by Michael Viera · Global Luxury Realty LLC
Typesingle_family
Built1972
Price / sqft$281
Est. value (own analysis)$648,345
Rent estimate (own analysis)$3,490/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-08
Removed date
MLSMiamiMLS #A12049827
Coordinates25.96768, -80.26485
Address3851 NW 210th Ter
CityMiami Gardens
StateFL
Zip33055
Listing ID5232209505
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)

Purchase price$495,000
Down payment (20.0%)$99,000
Loan amount$396,000
Closing costs (5.0%)$24,750
Total cash to close$123,750
Rent (comp-derived)$3,490$41,880
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$41,880
Vacancy rate (assumption) assumption8.0%

$41,880 × 8.0% = $3,350

Effective gross income$3,211$38,530
Property tax (placeholder 1.9% of price)$784$9,405
Insurance (placeholder 0.8% of price)$330$3,960
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,094
Total operating expenses$1,288$15,459
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,530
Total operating expenses derived$15,459

$38,530 − $15,459 = $23,071

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$396,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$396,000 amortized at 6.7% over 30 years = $2,545/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$23,071
Annual debt service derived$30,538
Annual CapEx reserve assumption$2,094
Annual PMI assumption$0

($23,071 − $30,538 − $2,094 − $0) ÷ 12 = -$797

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$23,071
Purchase price data$495,000

$23,071 ÷ $495,000 = 4.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,561
Total cash to close derived$123,750

-$9,561 ÷ $123,750 = -7.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$23,071
Annual debt service derived$30,538

$23,071 ÷ $30,538 = 0.76

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$41,880
Purchase price data$495,000

($41,880 ÷ 12) ÷ $495,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$495,000
Gross scheduled rent (annual) comp$41,880

$495,000 ÷ $41,880 = 11.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,459
Effective gross income derived$38,530

$15,459 ÷ $38,530 = 40.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,459
Annual debt service derived$30,538
Annual PMI assumption$0
Gross scheduled rent (annual) comp$41,880

($15,459 + $30,538 + $0) ÷ $41,880 = 109.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,574$3,480
single_family421,673$4,6002026-07-29
single_family421,231$3,1002026-04-23
single_family421,605$3,5002026-08-16
single_family421,176$3,6002026-08-18
single_family421,540$3,000
single_family431,973$3,900
single_family421,892$3,2502026-08-28

4825 NW 189th Ter

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,574
Listed
Days on market

Asking rent: $3,480

View on Zillow →

3870 NW 177th St

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,673
Listed2026-07-29
Days on market

Asking rent: $4,600

View on Zillow →

3929 NW 207th Street Rd

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,231
Listed2026-04-23
Days on market

Asking rent: $3,100

View on Zillow →

5450 NW 177th Ter Unit 0

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,605
Listed2026-08-16
Days on market

Asking rent: $3,500

View on Zillow →

19211 NW 52nd Ave

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,176
Listed2026-08-18
Days on market

Asking rent: $3,600

View on Zillow →

19319 NW 54th Ct

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,540
Listed
Days on market

Asking rent: $3,000

View on Zillow →

17001 NW 53rd Ct

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,973
Listed
Days on market

Asking rent: $3,900

View on Zillow →

16955 NW 43rd Ave

Opa Locka, 33055 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,892
Listed2026-08-28
Days on market

Asking rent: $3,250

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
19631 NW 45th Avesingle_family421,473$690,0002026-08-28
17930 NW 42nd Plsingle_family431,599$680,0002026-08-24
5631 NW 174th Drsingle_family421,170$565,0002026-08-13
18510 NW 42nd Plsingle_family431,259$690,0002026-08-07
18825 NW 52nd Ctsingle_family421,652$435,0002026-08-06
18520 NW 42nd Plsingle_family431,655$698,0002026-08-06
5540 NW 180th Tersingle_family421,650$589,0002026-07-10
18700 NW 44th Ctsingle_family422,032$455,0002026-06-26
4750 NW 191st Stsingle_family422,234$565,0002026-06-16
17101 NW 47th Avesingle_family422,020$600,0002026-06-12
3970 NW 186th Stsingle_family421,512$384,0002026-06-11
3811 NW 174th Stsingle_family421,519$530,0002026-06-05
4946 NW 186th Stsingle_family421,383$520,0002026-06-04
4857 NW 168th Tersingle_family421,342$660,0002026-05-21
5351 NW 174th Drsingle_family421,522$800,0002026-05-21
5287 NW 193rd Lnsingle_family421,575$470,0002026-05-08
19525 NW 38th Ctsingle_family431,828$675,0002026-05-01
17010 NW 53rd Avesingle_family421,025$600,0002026-04-29
17535 NW 49th Ctsingle_family421,452$579,0002026-04-28
3800 NW 208th Stsingle_family421,334$570,0002026-04-23
18931 NW 44th Avesingle_family421,200$555,0002026-04-17
17715 NW 55th Avesingle_family421,225$575,0002026-04-09
4270 NW 198th Stsingle_family421,544$560,0002026-04-09
18800 NW 39th Ctsingle_family421,399$575,0002026-04-02
21357 NW 39th Avesingle_family421,227$405,0002026-04-01
19405 NW 47th Plsingle_family421,152$400,0002026-03-31
16920 NW 53rd Avesingle_family422,046$589,0002026-03-31
3740 NW 188th Stsingle_family421,678$595,0002026-03-20
5330 NW 182nd Stsingle_family411,824$489,0002026-03-20
4310 NW 187th Tersingle_family42$589,9002026-03-20
3735 NW 197th Stsingle_family431,806$560,0002026-03-17
17825 NW 57th Avesingle_family421,623$453,0002026-03-10
4260 NW 169th Tersingle_family411,535$530,0002026-03-04
3855 NW 210th Stsingle_family421,246$495,9002026-03-03
3738 NW 207th Drsingle_family421,584$535,0002026-02-26
3730 NW 194th Stsingle_family421,850$480,0002026-02-23
4360 NW 205th Stsingle_family441,824$660,0002026-02-23
19621 NW 39th Ctsingle_family421,473$550,0002026-02-20
5565 NW 193rd Lnsingle_family421,414$520,0002026-02-06
18025 NW 49th Avesingle_family421,164$675,0002026-02-04
17025 NW 38th Ctsingle_family421,200$540,0002026-02-02
3960 NW 174th Stsingle_family421,718$410,0002026-01-20
4172 NW 201st Stsingle_family421,732$385,9002026-01-13
18831 NW 42nd Ctsingle_family421,392$590,0002026-01-13
3745 NW 171st Tersingle_family431,836$615,0002026-01-05
5010 NW 190th Stsingle_family421,457$620,0002026-01-03
4764 NW 192nd Stsingle_family421,152$532,0002025-12-31
5420 NW 182nd Stsingle_family421,021$565,0002025-12-31
4521 NW 207th Drsingle_family421,012$560,0002025-12-22
19700 NW 48th Avesingle_family421,666$560,0002025-12-18

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.

AddressTypeBedsBathsSqftAsking priceDays on market
18600 NW 38th Ctsingle_family421,945$450,000
5341 NW 180th Tersingle_family421,564$435,000
17201 NW 54th Ctsingle_family422,034$650,000
4011 NW 171st Stsingle_family421,486$599,900
17930 NW 42nd Plsingle_family431,599$680,000
19522 NW 37th Ctsingle_family421,828$659,000
17210 NW 47th Avesingle_family411,274$450,000
17231 NW 47th Ctsingle_family421,164$599,000

10-year hold projection

IRR5.3%
Equity multiple1.84x
Total return (10yr)$168,858
YearProperty valueNOICash flowLoan balanceEquity
1$509,850$23,071-$9,561$391,707$118,144
2$525,146$23,840-$8,844$387,118$138,027
3$540,900$24,634-$8,103$382,215$158,685
4$557,127$25,455-$7,338$376,975$180,152
5$573,841$26,302-$6,547$371,375$202,466
6$591,056$27,176-$5,731$365,390$225,666
7$608,788$28,079-$4,887$358,995$249,793
8$627,051$29,011-$4,016$352,160$274,891
9$645,863$29,973-$3,116$344,856$301,007
10$665,239$30,966-$2,187$337,050$328,188
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.