1341 NW 132nd St

Miami, FL 33167 · single_family · For Sale · 15 days on market
Asking price$520,000
4 beds 3 baths 2,361 sqft
View on Realtor.com →
Listed by Gregory Collier · Onyx Realty
Typesingle_family
Built1955
Price / sqft$220
Est. value (own analysis)$710,443
Rent estimate (own analysis)$3,790/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-18
Removed date
MLSMiamiMLS #A12063023
Coordinates25.89514, -80.22234
Address1341 NW 132nd St
CityMiami
StateFL
Zip33167
Listing ID5382305349
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)

Purchase price$520,000
Down payment (20.0%)$104,000
Loan amount$416,000
Closing costs (5.0%)$26,000
Total cash to close$130,000
Rent (comp-derived)$3,790$45,480
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,480
Vacancy rate (assumption) assumption8.0%

$45,480 × 8.0% = $3,638

Effective gross income$3,487$41,842
Property tax (placeholder 1.9% of price)$823$9,880
Insurance (placeholder 0.8% of price)$347$4,160
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$190$2,274
Total operating expenses$1,360$16,314
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$41,842
Total operating expenses derived$16,314

$41,842 − $16,314 = $25,528

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$416,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$416,000 amortized at 6.7% over 30 years = $2,673/mo

CapEx reserve (5.0% of GSR)$190$2,274
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$25,528
Annual debt service derived$32,080
Annual CapEx reserve assumption$2,274
Annual PMI assumption$0

($25,528 − $32,080 − $2,274 − $0) ÷ 12 = -$736

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,528
Purchase price data$520,000

$25,528 ÷ $520,000 = 4.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,826
Total cash to close derived$130,000

-$8,826 ÷ $130,000 = -6.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,528
Annual debt service derived$32,080

$25,528 ÷ $32,080 = 0.80

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,480
Purchase price data$520,000

($45,480 ÷ 12) ÷ $520,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$520,000
Gross scheduled rent (annual) comp$45,480

$520,000 ÷ $45,480 = 11.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,314
Effective gross income derived$41,842

$16,314 ÷ $41,842 = 39.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,314
Annual debt service derived$32,080
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,480

($16,314 + $32,080 + $0) ÷ $45,480 = 106.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,976$3,1002026-08-18
single_family431,983$3,9002026-08-14
single_family431,820$3,790
single_family432,107$3,800
single_family431,820$2,9252026-06-11

1337 NW 112th Ter

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,976
Listed2026-08-18
Days on market

Asking rent: $3,100

View on Zillow →

2408 NW 131st Cir Unit 2408

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,983
Listed2026-08-14
Days on market

Asking rent: $3,900

View on Zillow →

12845 NW 24th Ave

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed
Days on market

Asking rent: $3,790

View on Zillow →

2324 NW 130th Ter

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,107
Listed
Days on market

Asking rent: $3,800

View on Zillow →

NW 24th Ave

Opa Locka, 33167 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,820
Listed2026-06-11
Days on market

Asking rent: $2,925

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
2427 NW 131st Cirsingle_family431,983$570,0002026-08-31
11940 NW 19th Avesingle_family421,513$297,5002026-08-14
2530 NW 111th Stsingle_family421,776$675,0002026-07-28
2520 NW 108th Stsingle_family431,364$610,0002026-07-21
14620 NW 17th Drsingle_family433,977$1,286,0002026-07-08
14431 NW 13th Rdsingle_family421,656$600,0002026-06-23
2055 NW 132nd Stsingle_family421,699$570,0002026-06-22
5372914331single_family432,100$649,9992026-06-18
1855 NW 121st Stsingle_family442,034$539,9002026-06-16
1361 NW 111th Stsingle_family421,560$490,0002026-05-21
1835 NW 122nd Stsingle_family431,667$295,0002026-04-27
14781 S River Drsingle_family444,662$1,225,0002026-04-22
13160 NW 17th Avesingle_family421,753$529,0002026-04-10
14400 NW 16th Ctsingle_family421,403$520,0002026-03-25
1635 NW 130th Stsingle_family421,653$550,0002026-03-10
14655 NW River Drsingle_family431,965$625,0002026-02-17
2372 NW 130th Tersingle_family432,107$629,0002026-02-03
1340 NW 133rd Stsingle_family421,365$530,0002026-01-16
1739 NW 113th Tersingle_family421,126$145,0002025-12-08
2303 NW 131st Cirsingle_family421,983$596,7002025-12-03
2316 NW 130th Tersingle_family421,983$581,0002025-12-03
2364 NW 130th Tersingle_family421,983$580,7002025-12-03
2340 NW 130th Tersingle_family421,983$581,0002025-12-01
11010 NW 12th Ctsingle_family42$580,0002025-10-03
1201 NW 147th Stsingle_family441,897$520,0002025-09-16
2100 NW 107th Stsingle_family422,579$768,0002025-09-11

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
12621 NW 22nd Ctsingle_family421,264$570,000
1325 NW 113th Tersingle_family421,308$589,900
12613 NW 23rd Pltownhomes431,820$620,000
12001 NW 22nd Avesingle_family431,769$589,000
2409 NW 131st Cirsingle_family432,107$525,000
2370 NW 131st Cirsingle_family432,107$609,000
2427 NW 131st Cirsingle_family431,983$586,900
14411 NW 15th Drsingle_family421,715$599,000

10-year hold projection

IRR6.0%
Equity multiple1.95x
Total return (10yr)$191,383
YearProperty valueNOICash flowLoan balanceEquity
1$535,600$25,528-$8,826$411,490$124,110
2$551,668$26,375-$8,036$406,670$144,998
3$568,218$27,250-$7,219$401,518$166,700
4$585,265$28,153-$6,376$396,014$189,251
5$602,823$29,085-$5,505$390,131$212,692
6$620,907$30,048-$4,605$383,844$237,063
7$639,534$31,042-$3,675$377,125$262,409
8$658,720$32,068-$2,715$369,945$288,775
9$678,482$33,127-$1,724$362,272$316,210
10$698,837$34,220-$700$354,072$344,764
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.