271 NW 147th St

Miami, FL 33168 · single_family · For Sale · 70 days on market
Asking price$575,000
2 beds 2 baths 1,353 sqft
Suggested offer$532,987$42,013 above the est. market value of $532,987.
View on Realtor.com →
Listed by Maria Gomez · Grand Realty Of America, Corp.
Typesingle_family
Built1950
Price / sqft$425
Est. value (own analysis)$532,987
Rent estimate (own analysis)$2,900/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-24
Removed date
MLSMiamiMLS #A12042792
Coordinates25.90988, -80.20493
Address271 NW 147th St
CityMiami
StateFL
Zip33168
Listing ID5338965058
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$575,000
Down payment (20.0%)$115,000
Loan amount$460,000
Closing costs (5.0%)$28,750
Total cash to close$143,750
Rent (comp-derived)$2,900$34,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$34,800
Vacancy rate (assumption) assumption8.0%

$34,800 × 8.0% = $2,784

Effective gross income$2,668$32,016
Property tax (placeholder 1.9% of price)$910$10,925
Insurance (placeholder 0.8% of price)$383$4,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$145$1,740
Total operating expenses$1,439$17,265
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,016
Total operating expenses derived$17,265

$32,016 − $17,265 = $14,751

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$460,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$460,000 amortized at 6.7% over 30 years = $2,956/mo

CapEx reserve (5.0% of GSR)$145$1,740
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$14,751
Annual debt service derived$35,473
Annual CapEx reserve assumption$1,740
Annual PMI assumption$0

($14,751 − $35,473 − $1,740 − $0) ÷ 12 = -$1,872

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,751
Purchase price data$575,000

$14,751 ÷ $575,000 = 2.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$22,462
Total cash to close derived$143,750

-$22,462 ÷ $143,750 = -15.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,751
Annual debt service derived$35,473

$14,751 ÷ $35,473 = 0.42

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$34,800
Purchase price data$575,000

($34,800 ÷ 12) ÷ $575,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$575,000
Gross scheduled rent (annual) comp$34,800

$575,000 ÷ $34,800 = 16.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,265
Effective gross income derived$32,016

$17,265 ÷ $32,016 = 53.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,265
Annual debt service derived$35,473
Annual PMI assumption$0
Gross scheduled rent (annual) comp$34,800

($17,265 + $35,473 + $0) ÷ $34,800 = 151.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family221,248$2,9002026-07-10
single_family21915$2,9002026-07-03
single_family211,200$3,3002026-08-27
single_family21946$3,9002024-06-14
single_family21909$2,3002026-09-01

781 NW 108th St

Miami, 33168 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,248
Listed2026-07-10
Days on market

Asking rent: $2,900

View on Zillow →

1025 NW 148th St

Miami, 33168 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage915
Listed2026-07-03
Days on market

Asking rent: $2,900

View on Zillow →

10735 NW 2nd Ct Unit 0

Miami, 33168 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,200
Listed2026-08-27
Days on market

Asking rent: $3,300

View on Zillow →

110 NW 120th Ter Unit 0

North Miami, 33168 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage946
Listed2024-06-14
Days on market

Asking rent: $3,900

View on Zillow →

325 NW 133rd St Unit 1

North Miami, 33168 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage909
Listed2026-09-01
Days on market

Asking rent: $2,300

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
839 NW 116th Stsingle_family21780$415,0002026-08-26
770 NW 148th Tersingle_family211,096$368,0002026-08-18
380 NW 128th Stsingle_family21890$280,0002026-08-14
5928956311single_family21825$385,0002026-08-12
420 NW 145th Stsingle_family211,641$600,0002026-08-12
310 NW 127th Stsingle_family21830$309,0002026-08-07
1135 NW 109th Stsingle_family221,352$385,0002026-08-04
435 NW 127th Stsingle_family21976$435,0002026-07-31
13231 NW 1st Avesingle_family211,395$758,0002026-07-31
1180 NW 117th Stsingle_family211,347$430,0002026-07-24
13205 NW 11th Avesingle_family211,068$293,0002026-07-24
172 NW 116th Stsingle_family211,256$550,0002026-07-16
126 NW 107th Stsingle_family211,314$1,060,0002026-07-13
775 NW 142nd Stsingle_family21775$415,0002026-07-13
1030 NW 116th Tersingle_family21701$380,0002026-07-13
1030 NW 141st Stsingle_family21720$415,0002026-07-06
1090 NW 134th Stsingle_family211,100$410,0002026-07-06
431 NW 116th Stsingle_family21918$425,0002026-07-06
13700 NW 8th Avesingle_family211,893$350,0002026-07-02
1040 NW 140th Stsingle_family21720$405,0002026-07-01
1000 NW 118th Stsingle_family211,092$390,0002026-06-29
14501 NW 12th Avesingle_family211,159$372,0002026-06-22
5295303405single_family21828$265,0002026-06-22
305 NW 111th Stsingle_family211,581$570,0002026-06-18
840 NW 130th Stsingle_family21826$400,0002026-06-12
455 NW 132nd Stsingle_family211,260$350,0002026-06-09
1169 NW 114th Stsingle_family211,061$445,0002026-06-02
1165 NW 108th Tersingle_family221,868$380,0002026-06-02
13025 NW 1st Ctsingle_family221,354$650,0002026-05-22
1080 NW 115th Stsingle_family212,001$325,0002026-05-19
14825 Garden Drsingle_family211,404$585,0002026-05-18
550 NW 135th Stsingle_family21925$375,0002026-05-12
10715 NW 2nd Ctsingle_family221,522$600,0002026-05-04
125 NW 127th Stsingle_family21800$400,0002026-04-14
575 NW 139th Tersingle_family21784$455,0002026-04-06
745 NW 140th Stsingle_family221,110$615,0002026-04-06
13800 NW 2nd Avesingle_family21966$450,0002026-04-01
835 NW 126th Stsingle_family21858$270,0002026-04-01
49 NW 108th Stsingle_family221,734$1,960,0002026-03-27
60 NW 120th Tersingle_family21777$270,0002026-03-11
14525 Garden Drsingle_family211,061$320,0002026-03-10
915 NW 122nd Stsingle_family211,153$335,0002026-03-04
525 NW 119th Stsingle_family211,260$350,0002026-03-03
545 NW 142nd Stsingle_family21750$355,0002026-03-03
600 NW 108th Stsingle_family211,748$455,0002026-02-10
113 NW 107th Stsingle_family211,327$735,0002026-01-30
12245 NW 2nd Avesingle_family221,190$580,0002025-12-20
520 NW 118th Stsingle_family211,190$400,0002025-12-12
740 NW 122nd Stsingle_family211,575$620,0002025-12-09
770 NW 124th Stsingle_family21834$255,0002025-12-08

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
938 NW 110th Stsingle_family211,162$650,000
839 NW 116th Stsingle_family21780$399,000
770 NW 148th Tersingle_family211,096$350,000
1100 NW 141st Stsingle_family21720$435,000
1100 NW 110th Stsingle_family221,390$450,000
14990 NW 11th Ctsingle_family211,625$479,000
14031 NW 5th Avesingle_family21936$730,000
740 NW 130th Stsingle_family21826$500,000

10-year hold projection

IRR-0.4%
Equity multiple0.93x
Total return (10yr)$65,606
YearProperty valueNOICash flowLoan balanceEquity
1$592,250$14,751-$22,462$455,013$137,237
2$610,018$15,280-$21,977$449,683$160,335
3$628,318$15,827-$21,474$443,987$184,331
4$647,168$16,392-$20,955$437,900$209,268
5$666,583$16,977-$20,417$431,395$235,188
6$686,580$17,582-$19,860$424,443$262,137
7$707,177$18,207-$19,284$417,014$290,163
8$728,393$18,853-$18,688$409,075$319,318
9$750,245$19,521-$18,072$400,590$349,654
10$772,752$20,212-$17,434$391,523$381,229
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.