901 NW 22nd Ct
Miami, FL 33125 · multi_family · For Sale · 49 days on market
Asking price$995,000
6 beds 4 baths 2,500 sqft
Suggested offer$758,125$236,875 above the est. market value of $758,125.
View on Realtor.com →Listed by Julio Hernandez · Select International Realty, Llc.
Typemulti_family
Built1976
Price / sqft$398
Est. value (own analysis)$758,125
Rent estimate (building total, own analysis)$7,150/mo
HOANone
1 / 23
Show every detail
Statusfor_sale
Listed date2026-07-15
Removed date—
MLSMiamiMLS #A12053485
Coordinates25.78156, -80.23180
Address901 NW 22nd Ct
CityMiami
StateFL
Zip33125
Listing ID5243263579
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $995,000 |
| Down payment (20.0%) | $199,000 |
| Loan amount | $796,000 |
| Closing costs (5.0%) | $49,750 |
| Total cash to close | $248,750 |
| Income | |
| Rent (estimate) | $7,150$85,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,578$78,936 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,575$18,905 |
| Insurance (placeholder 0.8% of price) | $663$7,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $358$4,290 |
| Total operating expenses | $2,596$31,155 |
| 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) | $358$4,290 |
| 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 |
|---|---|---|---|---|---|---|
| 119 NW 17th Pl | multi_family | 6 | 4 | 2,248 | $900,000 | 2026-07-31 |
| 1953 NW 3rd St | multi_family | 6 | 4 | 2,886 | $850,000 | 2026-07-15 |
| 1810 NW 3rd St | multi_family | 6 | 4 | 2,034 | $799,000 | 2026-07-09 |
| 1001 NW 36th Ave | multi_family | 6 | 6 | 2,688 | $967,200 | 2026-04-24 |
| 1971 NW 24th Ct | multi_family | 6 | 2 | 2,404 | $750,000 | 2025-12-22 |
| 3281 NW 14th Ter | multi_family | 6 | 3 | 2,473 | $715,000 | 2025-11-17 |
| 1053 NW 34th Ave | multi_family | 6 | 2 | 2,869 | $800,000 | 2025-10-28 |
| 1644 NW 19th Ter | multi_family | 6 | 3 | 2,442 | $717,000 | 2025-10-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2231 NW 4th Ter | single_family | 6 | 4 | 2,128 | $749,000 | — |
| 3321 NW 19th Ter | multi_family | 6 | 4 | 2,244 | $1,180,000 | — |
| 1237 NW 33rd Ave | multi_family | 6 | 3 | 2,060 | $795,000 | — |
| 821 NW 36th Ave | multi_family | 6 | 3 | 2,404 | $1,040,500 | — |
| 3061 NW 14th St | multi_family | 6 | 4 | 3,158 | $890,000 | — |
| 1680 NW 22nd Ct | multi_family | 6 | 5 | 3,264 | $1,100,000 | — |
| 2262 NW 4th St | single_family | 6 | 4 | 2,802 | $666,990 | — |
| 605 NW 34th Ave | multi_family | 6 | 5 | 5,334 | $1,700,000 | — |
10-year hold projection
IRR5.7%
Equity multiple1.90x
Total return (10yr)$354,664
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,024,850 | $47,781 | -$17,893 | $787,370 | $237,480 |
| 2 | $1,055,596 | $49,370 | -$16,411 | $778,147 | $277,449 |
| 3 | $1,087,263 | $51,011 | -$14,880 | $768,290 | $318,973 |
| 4 | $1,119,881 | $52,705 | -$13,299 | $757,757 | $362,124 |
| 5 | $1,153,478 | $54,454 | -$11,665 | $746,500 | $406,977 |
| 6 | $1,188,082 | $56,259 | -$9,978 | $734,471 | $453,611 |
| 7 | $1,223,725 | $58,123 | -$8,235 | $721,615 | $502,110 |
| 8 | $1,260,436 | $60,048 | -$6,435 | $707,876 | $552,560 |
| 9 | $1,298,249 | $62,034 | -$4,576 | $693,195 | $605,055 |
| 10 | $1,337,197 | $64,085 | -$2,656 | $677,504 | $659,692 |
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.