1901 NW S River Dr Unit 30C
Miami, FL 33125 · townhomes · For Sale · 168 days on market
Asking price$410,000
2 beds 2 baths 1,000 sqft
Listed by Maria Padilla · Padilla Real Estate Group
Typetownhomes
Built1983
Price / sqft$410
Est. value (Zillow, adjusted)$412,766
Rent estimate (own analysis)$2,500/mo
HOA$560/mo
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-03-19
Removed date—
MLSMiamiMLS #A11985538
Coordinates25.78518, -80.22657
Address1901 NW S River Dr Unit 30C
CityMiami
StateFL
Zip33125
Listing ID5345069855
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $410,000 |
| Down payment (20.0%) | $82,000 |
| Loan amount | $328,000 |
| Closing costs (5.0%) | $20,500 |
| Total cash to close | $102,500 |
| Income | |
| Rent (comp-derived) | $2,500$30,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,300$27,600 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $649$7,790 |
| Insurance (est. scaled by flood & wind risk) | $533$6,396 |
| HOA dues | $560$6,720 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $125$1,500 |
| Total operating expenses | $1,867$22,406 |
| 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) | $125$1,500 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 2 | 1,022 | $2,600 | 2026-07-23 | — | |
| townhomes | 2 | 2 | 1,000 | $2,400 | 2026-07-28 | — | |
| townhomes | 2 | 2 | 1,050 | $2,650 | 2026-04-21 | — | |
| townhomes | 2 | 2 | 1,000 | $2,400 | 2025-12-13 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 2419 NW 11th St Unit 21D | townhomes | 3 | 2 | 1,105 | $310,000 | 2026-05-14 |
| 3056 NW 15th St Unit 201 | townhomes | 3 | 2 | 1,153 | $370,000 | 2026-05-07 |
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 |
|---|---|---|---|---|---|---|
| 1871 NW S River Dr Unit A03 | condos | 2 | 2 | 1,026 | $340,000 | — |
| 1236 NW 5th St | single_family | 2 | 1 | 930 | $1,050,000 | — |
| 1861 NW S River Dr Unit 1003 | condos | 2 | 2 | 935 | $368,000 | — |
| 3151 NW Flagler Ter | single_family | 2 | 1 | 1,122 | $625,000 | — |
| 3640 NW 9th St Apt 201 | condos | 2 | 1 | 748 | $260,000 | — |
| 1800 NW 19th St Apt 2 | condos | 2 | 1 | 650 | $199,999 | — |
| single_family | 2 | 1 | 828 | $525,000 | — | |
| 1861 NW S River Dr Unit 1404 | condos | 2 | 2 | 948 | $399,999 | — |
10-year hold projection
IRR-4.0%
Equity multiple0.34x
Total return (10yr)-$14,530
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $422,300 | $5,194 | -$21,600 | $324,444 | $97,856 |
| 2 | $434,969 | $5,462 | -$21,369 | $320,643 | $114,326 |
| 3 | $448,018 | $5,741 | -$21,129 | $316,582 | $131,436 |
| 4 | $461,459 | $6,030 | -$20,879 | $312,241 | $149,217 |
| 5 | $475,302 | $6,332 | -$20,618 | $307,603 | $167,700 |
| 6 | $489,561 | $6,646 | -$20,345 | $302,646 | $186,916 |
| 7 | $504,248 | $6,972 | -$20,062 | $297,349 | $206,900 |
| 8 | $519,376 | $7,311 | -$19,766 | $291,687 | $227,688 |
| 9 | $534,957 | $7,663 | -$19,458 | $285,637 | $249,320 |
| 10 | $551,006 | $8,030 | -$19,137 | $279,172 | $271,834 |
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.