14855 NW 16th Dr
Miami, FL 33167 · single_family · For Sale · 72 days on market
Asking price$750,000
5 beds 3 baths — sqft
Suggested offer$680,000$70,000 above the est. market value of $680,000.
View on Realtor.com →Listed by Patricia Dillard · The N.D.I. Group, Inc.
Typesingle_family
Built1948
Price / sqft—
Est. value (own analysis)$680,000
Rent estimate (own analysis)$9,000/mo
HOANone
1 / 40
Show every detail
Statusfor_sale
Listed date2026-06-22
Removed date—
MLSMiamiMLS #A12040901
Coordinates25.91010, -80.22126
Address14855 NW 16th Dr
CityMiami
StateFL
Zip33167
Listing ID5308928708
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33167)
Typical home value (ZHVI)$471,366
Typical rent (ZORI)$2,813/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 | $750,000 |
| Down payment (20.0%) | $150,000 |
| Loan amount | $600,000 |
| Closing costs (5.0%) | $37,500 |
| Total cash to close | $187,500 |
| Income | |
| Rent (comp-derived) | $9,000$108,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $8,280$99,360 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,188$14,250 |
| Insurance (placeholder 0.8% of price) | $500$6,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $450$5,400 |
| Total operating expenses | $2,138$25,650 |
| 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) | $450$5,400 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 1,986 | $12,900 | 2026-08-20 | — | |
| single_family | 5 | 2 | 2,184 | $4,370 | 2026-08-14 | — | |
| single_family | 5 | 6 | 4,646 | $45,000 | 2026-08-13 | — | |
| single_family | 5 | 4 | 2,368 | $16,000 | 2026-08-12 | — | |
| single_family | 5 | 3 | 2,009 | $5,600 | 2026-08-06 | — | |
| single_family | 5 | 5 | 4,343 | $55,000 | 2026-07-16 | — | |
| single_family | 5 | 4 | 1,986 | $6,500 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,495 | $6,500 | 2026-07-02 | — | |
| single_family | 5 | 5 | 3,010 | $14,300 | 2026-06-26 | — | |
| single_family | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 4 | 3,029 | $24,500 | 2026-06-17 | — | |
| single_family | 5 | 5 | 4,197 | $19,900 | 2026-06-17 | — | |
| single_family | 5 | 3 | 4,305 | $7,000 | 2026-06-04 | — | |
| single_family | 5 | 3 | 2,455 | $6,400 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,588 | $6,000 | 2026-05-27 | — | |
| single_family | 5 | 5 | 4,400 | $18,000 | 2026-05-26 | — | |
| single_family | 5 | 5 | 3,600 | $25,000 | 2026-05-18 | — | |
| single_family | 5 | 5 | 3,470 | $45,000 | 2026-05-15 | — | |
| single_family | 5 | 3 | 2,091 | $6,999 | 2026-05-11 | — | |
| single_family | 5 | 3 | 1,462 | $5,000 | 2026-04-29 | — | |
| single_family | 5 | 5 | 3,593 | $8,500 | 2026-08-03 | — | |
| single_family | 5 | 4 | 1,334 | $5,900 | 2026-07-27 | — | |
| single_family | 5 | 3 | 1,940 | $18,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 1,970 | $6,850 | 2025-10-28 | — | |
| single_family | 5 | 4 | 3,275 | $10,000 | 2025-11-16 | — | |
| single_family | 5 | 6 | 3,115 | $30,000 | 2026-01-12 | — | |
| single_family | 5 | 6 | — | $50,000 | 2026-02-13 | — | |
| single_family | 5 | 4 | 2,150 | $8,500 | 2025-11-25 | — | |
| single_family | 5 | 4 | 4,119 | $25,000 | 2026-03-05 | — | |
| single_family | 5 | 5 | 4,119 | $18,500 | 2026-04-01 | — | |
| single_family | 5 | 5 | 4,057 | $14,950 | 2026-04-20 | — | |
| single_family | 5 | 3 | 2,702 | $5,500 | — | — | |
| single_family | 5 | 2 | 1,500 | $4,400 | — | — | |
| single_family | 5 | 3 | 1,752 | $5,800 | — | — | |
| single_family | 5 | 3 | 2,602 | $9,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 2020 NW 107th St | single_family | 5 | 2 | 2,006 | $685,000 | 2026-06-12 |
| 11201 NW 15th Ct | single_family | 5 | 3 | 4,028 | $552,000 | 2026-04-16 |
| 2175 NW 111th St | single_family | 5 | 5 | 2,754 | $768,000 | 2025-12-05 |
| 2453 NW 131st Cir | single_family | 5 | 3 | 2,233 | $675,000 | 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 |
|---|---|---|---|---|---|---|
| 2450 NW 108th St | single_family | 5 | 3 | 3,316 | $799,999 | — |
| 11715 NW 22nd Ct | multi_family | 5 | 3 | 2,266 | $785,000 | — |
| single_family | 5 | 5 | 2,166 | $1,075,000 | — | |
| 2439 NW 131st Cir | single_family | 5 | 3 | 2,233 | $665,000 | — |
| 2357 NW 130th St | single_family | 5 | 3 | 2,233 | $615,000 | — |
| 14321 NW 16th Ct | single_family | 5 | 5 | 1,632 | $695,000 | — |
| 1335 NW 129th St | single_family | 5 | 3 | 1,995 | $610,000 | — |
10-year hold projection
IRR20.6%
Equity multiple4.08x
Total return (10yr)$675,750
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,500 | $73,710 | $22,041 | $593,495 | $179,005 |
| 2 | $795,675 | $76,050 | $24,245 | $586,543 | $209,132 |
| 3 | $819,545 | $78,462 | $26,520 | $579,113 | $240,432 |
| 4 | $844,132 | $80,951 | $28,867 | $571,174 | $272,958 |
| 5 | $869,456 | $83,518 | $31,288 | $562,689 | $306,767 |
| 6 | $895,539 | $86,165 | $33,786 | $553,621 | $341,918 |
| 7 | $922,405 | $88,895 | $36,363 | $543,931 | $378,474 |
| 8 | $950,078 | $91,710 | $39,022 | $533,575 | $416,502 |
| 9 | $978,580 | $94,614 | $41,766 | $522,509 | $456,071 |
| 10 | $1,007,937 | $97,609 | $44,596 | $510,682 | $497,255 |
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.