486 NW 165th St Rd Apt B405
Miami, FL 33169 · condos · For Sale · 133 days on market
Asking price$169,000
2 beds 2 baths 1,175 sqft
Suggested offer$164,935$4,065 above the est. market value of $164,935.
View on Realtor.com →Listed by Fernanda Ibarra · Direct Realty Solutions
Typecondos
Built1972
Price / sqft$144
Est. value (own analysis)$164,935
Rent estimate (own analysis)$2,300/mo
HOA$917/mo
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Statusfor_sale
Listed date2026-04-22
Removed date—
MLSMiamiMLS #A11990856
Coordinates25.92555, -80.20589
Address486 NW 165th St Rd Apt B405
CityMiami
StateFL
Zip33169
Listing ID5290343975
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33169)
Typical home value (ZHVI)$471,445
Typical rent (ZORI)$2,193/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 | $169,000 |
| Down payment (20.0%) | $33,800 |
| Loan amount | $135,200 |
| Closing costs (5.0%) | $8,450 |
| Total cash to close | $42,250 |
| Income | |
| Rent (comp-derived) | $2,300$27,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,116$25,392 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $268$3,211 |
| Insurance (placeholder 0.8% of price) | $113$1,352 |
| HOA dues | $917$11,004 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $115$1,380 |
| Total operating expenses | $1,412$16,947 |
| 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) | $115$1,380 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 2 | 2 | 1,036 | $1,990 | 2026-08-10 | — | |
| condos | 2 | 2 | 1,175 | $2,000 | 2026-07-22 | — | |
| condos | 2 | 2 | 1,036 | $1,800 | 2026-07-17 | — | |
| condos | 2 | 2 | 1,175 | $1,800 | 2026-07-17 | — | |
| condos | 2 | 2 | 860 | $2,221 | 2026-07-15 | — | |
| condos | 2 | 2 | 1,087 | $1,800 | 2026-07-13 | — | |
| apartment | 2 | 1 | 783 | $1,750 | 2026-07-13 | — | |
| apartment | 2 | 2 | 775 | $1,850 | 2026-07-06 | — | |
| condos | 2 | 2 | 1,036 | $1,900 | 2026-07-03 | — | |
| condos | 2 | 2 | 1,175 | $1,950 | 2026-07-03 | — | |
| apartment | 2 | 2 | 1,175 | $2,000 | 2026-07-02 | — | |
| condos | 2 | 2 | 1,175 | $1,875 | 2026-07-01 | — | |
| apartment | 2 | 1 | 785 | $1,750 | 2026-06-23 | — | |
| apartment | 2 | 2 | 1,000 | $2,100 | 2026-05-30 | — | |
| condos | 2 | 2 | 1,225 | $2,190 | 2026-05-29 | — | |
| condos | 2 | 2 | 1,036 | $1,850 | 2026-05-27 | — | |
| condos | 2 | 2 | 1,175 | $1,995 | 2026-08-04 | — | |
| apartment | 2 | 2 | 1,175 | $2,000 | 2026-07-31 | — | |
| apartment | 2 | 2 | 1,036 | $2,000 | 2026-07-30 | — | |
| condos | 2 | 2 | 965 | $2,000 | 2026-04-09 | — | |
| apartment | 2 | 2 | 800 | $1,900 | 2026-02-24 | — | |
| apartment | 2 | 2 | 859 | $2,445 | 2026-04-07 | — | |
| apartment | 2 | 2 | 859 | $2,499 | — | — | |
| apartment | 2 | 2 | 859 | $2,610 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 1,221 | $3,194 | — | — | |
| apartment | 2 | 2 | 1,221 | $3,284 | — | — | |
| apartment | 2 | 2 | 1,221 | $3,291 | — | — | |
| apartment | 2 | 2 | 1,221 | $3,913 | — | — | |
| apartment | 2 | 2 | 859 | $2,499 | — | — | |
| apartment | 2 | 2 | 859 | $2,499 | — | — | |
| apartment | 2 | 2 | 859 | $2,405 | — | — | |
| apartment | 2 | 2 | 1,057 | $2,650 | — | — | |
| apartment | 2 | 2 | 859 | $2,499 | — | — | |
| apartment | 2 | 2 | 859 | $2,600 | — | — | |
| condos | 2 | 2 | 1,036 | $1,890 | 2026-08-28 | — | |
| condos | 2 | 2 | 931 | $2,000 | 2026-08-26 | — | |
| apartment | 2 | 2 | 800 | $2,050 | 2026-08-13 | — | |
| condos | 2 | 2 | 926 | $2,100 | 2025-11-25 | — | |
| condos | 2 | 2 | 1,175 | $1,900 | 2026-08-25 | — | |
| condos | 2 | 2 | 990 | $1,999 | 2026-04-22 | — | |
| apartment | 2 | 2 | 800 | $2,000 | 2026-08-13 | — | |
| apartment | 2 | 2 | 1,100 | $1,995 | 2026-06-03 | — | |
| apartment | 2 | 2 | 1,000 | $2,104 | — | — | |
| apartment | 2 | 2 | 1,085 | $2,966 | — | — | |
| apartment | 2 | 2 | 1,221 | $3,191 | — | — | |
| apartment | 2 | 2 | 1,000 | $2,014 | — | — | |
| apartment | 2 | 2 | 859 | $2,605 | — | — | |
| apartment | 2 | 2 | 1,071 | $2,964 | — | — | |
| apartment | 2 | 2 | 1,225 | $2,400 | — | — | |
| apartment | 2 | 2 | 1,225 | $2,400 | — | — | |
| apartment | 2 | 2 | 1,225 | $2,410 | — | — | |
| apartment | 2 | 2 | 1,225 | $2,400 | — | — | |
| apartment | 2 | 2 | 1,000 | $2,084 | — | — | |
| apartment | 2 | 2 | 1,000 | $2,084 | — | — | |
| apartment | 2 | 2 | 1,000 | $2,114 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 1,057 | $2,650 | — | — | |
| apartment | 2 | 2 | 859 | $2,610 | — | — | |
| apartment | 2 | 2 | 859 | $2,610 | — | — | |
| apartment | 2 | 2 | 859 | $2,605 | — | — | |
| apartment | 2 | 2 | 1,057 | $2,650 | — | — | |
| apartment | 2 | 2 | 1,054 | $2,650 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 1,054 | $2,650 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 859 | $2,625 | — | — | |
| apartment | 2 | 2 | 859 | $2,615 | — | — | |
| apartment | 2 | 2 | 870 | $2,300 | 2026-08-07 | — | |
| condos | 2 | 2 | 1,036 | $1,950 | 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 |
|---|---|---|---|---|---|---|
| 430 NW 214th St Apt 103 | condos | 2 | 2 | 1,180 | $213,000 | 2026-08-26 |
| 500 NW 214th St Apt 103 | condos | 2 | 2 | 1,122 | $155,000 | 2026-07-17 |
| 465 NW 210th St Apt 103 | condos | 2 | 2 | 816 | $132,500 | 2026-06-09 |
| 440 NW 214th St Apt 104 | condos | 2 | 2 | 1,180 | $210,000 | 2026-04-27 |
| 17339 NW 7th Ave Unit 505 | condos | 2 | 3 | 1,140 | $297,999 | 2026-04-17 |
| 484 NW 165th St Rd Apt A516 | condos | 2 | 2 | 1,036 | $137,714 | 2026-02-04 |
| 15600 NW 7th Ave Apt 708 | condos | 2 | 2 | 1,087 | $155,000 | 2026-02-02 |
| 486 NW 165th St Rd Apt B506 | condos | 2 | 2 | 1,175 | $130,000 | 2026-01-09 |
| 498 NW 165th St Rd Apt D601 | condos | 2 | 2 | 1,036 | $107,000 | 2025-11-19 |
| 17349 NW 7th Ave Unit 1006 | condos | 2 | 3 | 1,140 | $285,000 | 2025-11-12 |
| 17341 NW 7th Ave Unit 603 | condos | 2 | 3 | 1,140 | $284,000 | 2025-11-07 |
| 492 NW 165th St Rd Apt C309 | condos | 2 | 2 | 1,175 | $93,000 | 2025-11-06 |
| 488 NW 165th Street Rd Unit 309B | condos | 2 | 2 | 1,175 | $130,000 | 2025-11-03 |
| 486 NW 165th St Rd Apt B306 | condos | 2 | 2 | 1,175 | $155,000 | 2025-10-31 |
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 |
|---|---|---|---|---|---|---|
| 492 NW 165th St Rd Apt C415 | condos | 2 | 2 | 1,036 | $199,000 | — |
| 15130 S River Dr | single_family | 2 | 1 | 1,076 | $1,000,000 | — |
| 496 NW 165th St Rd Apt D409 | condos | 2 | 2 | 1,175 | $160,000 | — |
| 15600 NW 7th Ave Apt 303 | condos | 2 | 2 | 1,087 | $169,000 | — |
| condos | 2 | 2 | 1,175 | $140,000 | — | |
| 486 NW 165th St Rd Apt B606 | condos | 2 | 2 | 1,175 | $159,000 | — |
| 484 NW 165th St Rd Apt A109 | condos | 2 | 2 | 1,175 | $130,000 | — |
| 482 NW 165th St Rd Apt A201 | condos | 2 | 2 | 1,036 | $175,000 | — |
10-year hold projection
IRR5.6%
Equity multiple1.89x
Total return (10yr)$59,755
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $174,070 | $8,445 | -$3,361 | $133,734 | $40,336 |
| 2 | $179,292 | $8,783 | -$3,057 | $132,168 | $47,124 |
| 3 | $184,671 | $9,133 | -$2,742 | $130,494 | $54,177 |
| 4 | $190,211 | $9,496 | -$2,416 | $128,705 | $61,506 |
| 5 | $195,917 | $9,873 | -$2,077 | $126,793 | $69,125 |
| 6 | $201,795 | $10,262 | -$1,725 | $124,749 | $77,045 |
| 7 | $207,849 | $10,666 | -$1,360 | $122,566 | $85,283 |
| 8 | $214,084 | $11,084 | -$982 | $120,232 | $93,852 |
| 9 | $220,507 | $11,518 | -$590 | $117,739 | $102,768 |
| 10 | $227,122 | $11,966 | -$183 | $115,074 | $112,048 |
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.