1070 NW 147th St

Miami, FL 33168 · single_family · For Sale · 121 days on market
Asking price$500,000
3 beds 2 baths 1,060 sqft
Suggested offer$401,994$98,006 above the est. market value of $401,994.
View on Realtor.com →
Listed by Max Polycarpe · Lifestyle International Realty
Typesingle_family
Built1951
Price / sqft$472
Est. value (own analysis)$401,994
Rent estimate (own analysis)$3,100/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-04
Removed date
MLSMiamiMLS #A12012392
Coordinates25.90880, -80.21771
Address1070 NW 147th St
CityMiami
StateFL
Zip33168
Listing ID5323127032
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33168)

Typical home value (ZHVI)$465,034
Typical rent (ZORI)$2,539/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$500,000
Down payment (20.0%)$100,000
Loan amount$400,000
Closing costs (5.0%)$25,000
Total cash to close$125,000
Rent (comp-derived)$3,100$37,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,200
Vacancy rate (assumption) assumption8.0%

$37,200 × 8.0% = $2,976

Effective gross income$2,852$34,224
Property tax (placeholder 1.9% of price)$792$9,500
Insurance (placeholder 0.8% of price)$333$4,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$155$1,860
Total operating expenses$1,280$15,360
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,224
Total operating expenses derived$15,360

$34,224 − $15,360 = $18,864

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$400,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$400,000 amortized at 6.7% over 30 years = $2,571/mo

CapEx reserve (5.0% of GSR)$155$1,860
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$18,864
Annual debt service derived$30,846
Annual CapEx reserve assumption$1,860
Annual PMI assumption$0

($18,864 − $30,846 − $1,860 − $0) ÷ 12 = -$1,154

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,864
Purchase price data$500,000

$18,864 ÷ $500,000 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,842
Total cash to close derived$125,000

-$13,842 ÷ $125,000 = -11.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,864
Annual debt service derived$30,846

$18,864 ÷ $30,846 = 0.61

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,200
Purchase price data$500,000

($37,200 ÷ 12) ÷ $500,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$500,000
Gross scheduled rent (annual) comp$37,200

$500,000 ÷ $37,200 = 13.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,360
Effective gross income derived$34,224

$15,360 ÷ $34,224 = 44.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,360
Annual debt service derived$30,846
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,200

($15,360 + $30,846 + $0) ÷ $37,200 = 124.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,000$3,0002026-08-21
single_family311,160$2,7002026-05-26
single_family321,201$3,5002026-05-15
single_family321,000$3,0002026-08-24
single_family331,364$6,0002025-04-30
single_family331,288$3,000
single_family321,010$3,200
single_family321,288$3,3002026-07-30
single_family311,009$3,2002026-06-26
single_family31836$2,8502026-08-13

901 NW 116th St Unit 0

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed2026-08-21
Days on market

Asking rent: $3,000

View on Zillow →

1045 NW 115th St

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,160
Listed2026-05-26
Days on market

Asking rent: $2,700

View on Zillow →

74 NW 117th St

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,201
Listed2026-05-15
Days on market

Asking rent: $3,500

View on Zillow →

901 NW 116th St

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed2026-08-24
Days on market

Asking rent: $3,000

View on Zillow →

560 NW 116th Ter

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,364
Listed2025-04-30
Days on market

Asking rent: $6,000

View on Zillow →

1001 NW 148th St # 1001

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,288
Listed
Days on market

Asking rent: $3,000

View on Zillow →

861 NW 112th St

Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,010
Listed
Days on market

Asking rent: $3,200

View on Zillow →

135 NW 121st St

North Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,288
Listed2026-07-30
Days on market

Asking rent: $3,300

View on Zillow →

55 NW 125th St

North Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,009
Listed2026-06-26
Days on market

Asking rent: $3,200

View on Zillow →

550 NW 131st St Unit 0

North Miami, 33168 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage836
Listed2026-08-13
Days on market

Asking rent: $2,850

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
12210 NW 10th Avesingle_family321,415$525,0002026-08-28
5948111005single_family321,016$290,0002026-08-27
801 Opa Locka Blvdsingle_family311,215$465,0002026-08-18
500 NW 120th Stsingle_family321,664$325,0002026-08-14
65 NW 107th Stsingle_family322,140$1,230,0002026-08-12
440 NW 125th Stsingle_family332,447$700,0002026-08-11
850 NW 113th Stsingle_family311,206$500,0002026-08-11
491 NW 108th Tersingle_family321,326$522,5002026-08-10
125 NW 122nd Stsingle_family31985$650,0002026-08-05
1160 NW 118th Stsingle_family311,513$440,0002026-08-04
13550 NW 5th Avesingle_family322,420$675,0002026-08-03
827 NW 114th Stsingle_family321,369$535,0002026-07-24
1120 NW 143rd Stsingle_family321,395$315,0002026-07-17
75 NW 125th Stsingle_family321,064$539,0002026-07-16
579 NW 119th Stsingle_family311,226$410,0002026-07-14
860 NW 115th Stsingle_family311,292$250,0002026-07-12
12755 NW 1st Avesingle_family321,363$570,0002026-07-09
600 NW 108th Tersingle_family321,181$525,0002026-07-08
13720 NW 4th Ctsingle_family321,075$530,0002026-07-02
79 NW 143rd Stsingle_family321,908$579,0002026-07-02
271 NW 143rd Stsingle_family321,433$650,0002026-06-24
540 NW 108th Stsingle_family321,152$435,0002026-06-18
130 NW 124th Stsingle_family321,726$510,0002026-06-15
1080 NW 135th Stsingle_family321,115$460,0002026-06-03
415 NW 133rd Stsingle_family321,625$700,0002026-05-29
14250 NW 5th Avesingle_family321,665$405,0002026-05-29
125 NW 121st Stsingle_family311,141$415,0002026-05-28
5 NW 107th Stsingle_family321,276$975,0002026-05-19
11610 NW 11th Avesingle_family321,684$529,0002026-05-11
14001 NW 10th Avesingle_family321,377$635,0002026-04-22
260 NW 119th Stsingle_family31988$580,0002026-04-22
1110 NW 129th Stsingle_family311,000$476,0002026-04-10
1005 NW 123rd Stsingle_family321,269$440,0002026-04-08
14620 NW 12th Avesingle_family321,700$475,0002026-04-08
12060 NW 1st Ctsingle_family321,492$650,0002026-04-02
11220 NW 12th Avesingle_family321,218$515,0002026-04-01
350 NW 119th Stsingle_family311,310$480,0002026-03-23
12030 N Miami Avesingle_family311,197$440,0002026-03-20
745 NW 140th Stsingle_family321,110$615,0002026-03-17
975 NW 134th Stsingle_family321,164$466,9002026-03-16
11 NW 117th Stsingle_family321,203$580,0002026-03-12
175 NW 125th Stsingle_family311,868$700,0002026-03-11
535 NW 117th Stsingle_family311,234$470,0002026-03-09
911 NW 142nd Stsingle_family321,361$499,0002026-03-06
550 NW 143rd Stsingle_family321,860$687,0002026-02-26
1100 Opa Locka Blvdsingle_family321,198$475,0002026-02-23
14350 N Miami Avesingle_family331,306$490,0002026-02-20
485 NW 132nd Stsingle_family321,334$590,0002026-02-13
13125 NW 2nd Avesingle_family311,380$311,4002026-02-12
13150 NW 10th Avesingle_family321,385$462,0002026-02-12

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
220 NW 144th Stsingle_family321,181$669,000
215 NW 117th Stsingle_family321,220$488,000
760 NW 118th Stsingle_family321,030$510,000
845 NW 144th Stsingle_family321,761$500,000
161 NW 145th Stsingle_family321,059$710,000
14545 Garden Drsingle_family321,082$624,000
13301 NW Miami Ctsingle_family321,542$590,000
580 NW 116th Tersingle_family321,109$519,000

10-year hold projection

IRR2.8%
Equity multiple1.46x
Total return (10yr)$122,461
YearProperty valueNOICash flowLoan balanceEquity
1$515,000$18,864-$13,842$395,663$119,337
2$530,450$19,507-$13,246$391,028$139,422
3$546,364$20,171-$12,630$386,075$160,288
4$562,754$20,856-$11,993$380,782$181,972
5$579,637$21,565-$11,334$375,126$204,512
6$597,026$22,297-$10,654$369,080$227,946
7$614,937$23,052-$9,951$362,620$252,317
8$633,385$23,833-$9,224$355,716$277,669
9$652,387$24,639-$8,473$348,339$304,048
10$671,958$25,472-$7,697$340,454$331,504
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.