20930 NW 30th Ct

Miami Gardens, FL 33056 · single_family · For Sale · 117 days on market
Asking price$509,999
3 beds 2 baths 906 sqft
Suggested offer$335,247$174,752 above the est. market value of $335,247.
View on Realtor.com →
Listed by Jorge Quintana · Jennifer Homes Realty
Typesingle_family
Built1961
Price / sqft$563
Est. value (own analysis)$335,247
Rent estimate (own analysis)$3,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-08
Removed date
MLSMiamiMLS #A12015451
Coordinates25.96684, -80.25299
Address20930 NW 30th Ct
CityMiami Gardens
StateFL
Zip33056
Listing ID5270593426
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33056)

Median sale price$550,000
Median days on market (sale)37
Active sale listings131
Median rent$2,700/mo
Median days on market (rent)49
Active rental listings90
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33056 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$509,999
Down payment (20.0%)$102,000
Loan amount$407,999
Closing costs (5.0%)$25,500
Total cash to close$127,500
Rent (comp-derived)$3,000$36,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,000
Vacancy rate (assumption) assumption8.0%

$36,000 × 8.0% = $2,880

Effective gross income$2,760$33,120
Property tax (placeholder 1.9% of price)$808$9,690
Insurance (placeholder 0.8% of price)$340$4,080
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$150$1,800
Total operating expenses$1,298$15,570
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,120
Total operating expenses derived$15,570

$33,120 − $15,570 = $17,550

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$407,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$407,999 amortized at 6.7% over 30 years = $2,622/mo

CapEx reserve (5.0% of GSR)$150$1,800
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$17,550
Annual debt service derived$31,463
Annual CapEx reserve assumption$1,800
Annual PMI assumption$0

($17,550 − $31,463 − $1,800 − $0) ÷ 12 = -$1,309

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,550
Purchase price data$509,999

$17,550 ÷ $509,999 = 3.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,713
Total cash to close derived$127,500

-$15,713 ÷ $127,500 = -12.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,550
Annual debt service derived$31,463

$17,550 ÷ $31,463 = 0.56

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,000
Purchase price data$509,999

($36,000 ÷ 12) ÷ $509,999 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$509,999
Gross scheduled rent (annual) comp$36,000

$509,999 ÷ $36,000 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,570
Effective gross income derived$33,120

$15,570 ÷ $33,120 = 47.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,570
Annual debt service derived$31,463
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,000

($15,570 + $31,463 + $0) ÷ $36,000 = 130.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,058$2,7902026-07-20
single_family311,175$3,5002026-08-26
single_family311,000$3,0002026-08-25
single_family31888$2,7002026-07-27
single_family32969$3,6002026-08-18
single_family321,170$3,1002026-05-18
single_family321,200$2,849

2940 NW 191st St

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,058
Listed2026-07-20
Days on market

Asking rent: $2,790

View on Zillow →

2381 NW 174th Ter Unit 0

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,175
Listed2026-08-26
Days on market

Asking rent: $3,500

View on Zillow →

2983 NW 191st Ter

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,000
Listed2026-08-25
Days on market

Asking rent: $3,000

View on Zillow →

20701 NW 34th Ct

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage888
Listed2026-07-27
Days on market

Asking rent: $2,700

View on Zillow →

20440 NW 20th Ct Unit 0

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage969
Listed2026-08-18
Days on market

Asking rent: $3,600

View on Zillow →

2801 NW 183rd St

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,170
Listed2026-05-18
Days on market

Asking rent: $3,100

View on Zillow →

20520 NW 24th Ct

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed
Days on market

Asking rent: $2,849

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
3030 NW 176th Stsingle_family32988$436,0002026-08-26
2741 NW 172nd Tersingle_family321,415$585,0002026-08-25
3512 NW 176th Tersingle_family321,100$524,0002026-08-21
18815 NW 37th Avesingle_family321,701$530,0002026-08-13
2225 NW 195th Stsingle_family321,392$600,0002026-08-12
2950 NW 173rd Tersingle_family31988$317,5002026-08-07
17311 NW 24th Ctsingle_family311,272$529,0002026-08-07
5305511614single_family321,125$355,0002026-08-05
2831 NW 189th Stsingle_family321,430$650,0002026-08-04
17211 NW 37th Avesingle_family311,208$355,0002026-07-31
1805 NW 189th Tersingle_family321,555$550,0002026-07-30
20400 NW 25th Avesingle_family321,508$530,0002026-07-28
17011 NW 33rd Ctsingle_family312,387$690,0002026-07-27
2221 NW 170th Stsingle_family321,274$529,0002026-07-27
18440 NW 28th Plsingle_family321,346$510,0002026-07-24
18813 NW 32nd Avesingle_family321,144$465,0002026-07-23
2980 NW 170th Stsingle_family311,225$430,0002026-07-23
2831 NW 190th Stsingle_family321,582$545,0002026-07-22
2250 NW 170th Stsingle_family321,334$529,0002026-07-21
20103 NW 27th Cirsingle_family32870$415,0002026-07-14
19244 NW 30th Ctsingle_family311,000$400,0002026-07-13
19720 NW 33rd Avesingle_family321,104$540,0002026-07-09
3440 NW 209th Tersingle_family31888$380,0002026-07-06
17701 NW 32nd Ctsingle_family31864$400,0002026-06-30
2010 NW 185th Tersingle_family321,250$459,9002026-06-26
19458 NW 28th Plsingle_family321,365$385,0002026-06-26
2210 NW 175th Stsingle_family321,635$382,5002026-06-23
3522 NW 193rd Stsingle_family321,304$325,0002026-06-23
18830 NW 29th Plsingle_family321,340$465,0002026-06-22
18200 NW 31st Avesingle_family311,012$400,0002026-06-17
20401 NW 22nd Avesingle_family321,860$375,0002026-06-16
3060 NW 203rd Tersingle_family321,205$550,0002026-06-12
18130 NW 31st Avesingle_family312,132$440,0002026-06-12
20831 NW 34th Ctsingle_family31888$485,0002026-06-11
20107 NW 27th Cirsingle_family321,140$405,0002026-06-10
1771 NW 191st Stsingle_family321,665$599,0002026-06-08
19725 NW 32nd Ctsingle_family311,058$500,0002026-06-03
20621 NW 24th Ctsingle_family321,431$475,0002026-06-03
20541 NW 34th Ctsingle_family32977$460,0002026-06-01
3497 NW 191st Stsingle_family311,126$430,0002026-06-01
2901 NW 174th Stsingle_family311,014$440,0002026-06-01
18220 NW 31st Avesingle_family311,012$500,0002026-05-28
3430 NW 173rd Tersingle_family321,572$585,0002026-05-27
2931 NW 190th Stsingle_family311,140$545,0002026-05-19
19133 NW 35th Avesingle_family311,114$396,0002026-05-15
3355 NW 180th Stsingle_family312,232$425,0002026-05-15
5240333480single_family32999$333,5002026-05-15
2285 NW 195th Stsingle_family321,632$525,0002026-05-08
2521 NW 170th Stsingle_family321,614$524,9002026-05-05
3431 NW 172nd Tersingle_family311,628$570,0002026-04-28

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
3530 NW 170th Stsingle_family31962$397,500
3441 NW 169th Tersingle_family321,314$349,900
1714 NW 204th Stsingle_family321,358$435,000
3281 NW 212th Stsingle_family32$445,000
3271 NW 173rd Tersingle_family321,464$535,000
2766 NW 168th Tersingle_family321,656$525,000
2340 NW 187th Stsingle_family321,562$535,000
17530 NW 27th Ctsingle_family321,613$550,000

10-year hold projection

IRR1.9%
Equity multiple1.31x
Total return (10yr)$106,585
YearProperty valueNOICash flowLoan balanceEquity
1$525,299$17,550-$15,713$403,576$121,723
2$541,058$18,154-$15,154$398,848$142,210
3$557,290$18,779-$14,575$393,796$163,493
4$574,008$19,424-$13,977$388,397$185,611
5$591,229$20,091-$13,359$382,628$208,601
6$608,965$20,779-$12,720$376,462$232,504
7$627,234$21,491-$12,060$369,872$257,362
8$646,051$22,226-$11,377$362,831$283,221
9$665,433$22,985-$10,671$355,305$310,128
10$685,396$23,769-$9,942$347,263$338,133
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.