1725 NW 121st St

Miami, FL 33167 · single_family · For Sale · 121 days on market
Asking price$630,000
3 beds 1 baths 828 sqft
Suggested offer$301,091$328,909 above the est. market value of $301,091.
View on Realtor.com →
Listed by Elda Cardo · First Service Realty ERA
Typesingle_family
Built1952
Price / sqft$761
Est. value (own analysis)$301,091
Rent estimate (own analysis)$2,700/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-04
Removed date
MLSMiamiMLS #A12012420
Coordinates25.88513, -80.22762
Address1725 NW 121st St
CityMiami
StateFL
Zip33167
Listing ID5400863788
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$630,000
Down payment (20.0%)$126,000
Loan amount$504,000
Closing costs (5.0%)$31,500
Total cash to close$157,500
Rent (comp-derived)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$998$11,970
Insurance (est. scaled by flood & wind risk)$630$7,560
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$1,763$21,150
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$21,150

$29,808 − $21,150 = $8,658

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$504,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$504,000 amortized at 6.7% over 30 years = $3,239/mo

CapEx reserve (5.0% of GSR)$135$1,620
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$8,658
Annual debt service derived$38,866
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($8,658 − $38,866 − $1,620 − $0) ÷ 12 = -$2,652

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$8,658
Purchase price data$630,000

$8,658 ÷ $630,000 = 1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$31,828
Total cash to close derived$157,500

-$31,828 ÷ $157,500 = -20.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$8,658
Annual debt service derived$38,866

$8,658 ÷ $38,866 = 0.22

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$630,000

($32,400 ÷ 12) ÷ $630,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$630,000
Gross scheduled rent (annual) comp$32,400

$630,000 ÷ $32,400 = 19.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,150
Effective gross income derived$29,808

$21,150 ÷ $29,808 = 71.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,150
Annual debt service derived$38,866
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($21,150 + $38,866 + $0) ÷ $32,400 = 185.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,000$9002026-08-17
single_family31851$2,8002026-08-07
single_family31925$3,0002026-08-31
single_family311,040$2,6002026-09-01

14761 NW 16th Dr

Miami, 33167 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed2026-08-17
Days on market

Asking rent: $900

View on Zillow →

12330 NW 17th Ct Unit 12330

Miami, 33167 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage851
Listed2026-08-07
Days on market

Asking rent: $2,800

View on Zillow →

11545 NW 17th Ave

Miami, 33167 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage925
Listed2026-08-31
Days on market

Asking rent: $3,000

View on Zillow →

1840 NW 112th St

Miami, 33167 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,040
Listed2026-09-01
Days on market

Asking rent: $2,600

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
1880 NW 111th Stsingle_family321,120$539,0002026-08-31
1760 NW 135th Stsingle_family331,740$555,0002026-08-18
12455 W Randall Park Drsingle_family31851$475,0002026-08-17
10747 NW 22nd Ctsingle_family321,444$605,0002026-08-15
1545 NW 130th Stsingle_family311,075$468,0002026-08-03
10920 NW 12th Ctsingle_family321,724$480,0002026-07-30
12700 NW 15th Avesingle_family311,203$308,0002026-07-21
12425 NW 22nd Avesingle_family322,318$500,0002026-07-14
1610 NW 125th Stsingle_family311,342$301,5002026-07-10
1560 NW 130th Stsingle_family311,035$475,0002026-06-16
12730 NW 22nd Avesingle_family321,552$520,0002026-06-12
1445 NW 116th Tersingle_family321,412$550,0002026-06-08
12430 NW 20th Avesingle_family311,175$589,0002026-06-08
2615 NW 111th Stsingle_family321,248$1,400,0002026-06-08
1680 NW 122nd Stsingle_family331,540$560,0002026-06-01
1455 NW 112th Stsingle_family321,317$400,0002026-06-01
12310 W Golf Drsingle_family321,368$375,0002026-05-29
10731 NW 22nd Ctsingle_family321,107$350,0002026-05-15
12975 NW 16th Avesingle_family311,075$410,0002026-05-13
14321 NW 14th Drsingle_family332,350$725,0002026-05-05
1245 NW 130th Stsingle_family321,395$490,0002026-05-05
1525 NW 126th Stsingle_family311,150$385,0002026-04-24
1760 NW 127th Stsingle_family31851$424,0002026-04-23
11330 NW 21st Ctsingle_family321,092$505,0002026-04-22
1860 NW 121st Stsingle_family322,043$625,0002026-04-21
1775 NW 132nd Stsingle_family321,311$560,0002026-04-20
11406 NW 17th Avesingle_family32782$419,0002026-04-17
1800 NW 122nd Stsingle_family311,705$465,0002026-04-16
13025 NW 21st Avesingle_family321,184$400,0002026-04-02
1540 NW 135th Stsingle_family321,308$330,0002026-03-31
2115 NW 129th Stsingle_family321,576$625,0002026-03-31
13040 NW 13th Avesingle_family321,359$456,0002026-03-27
12801 W Randall Park Drsingle_family31884$444,9902026-03-24
1520 NW 128th Stsingle_family311,112$450,0002026-03-18
12501 NW 20th Avesingle_family311,180$499,0002026-03-18
1535 NW 124th Stsingle_family32$470,0002026-02-27
13201 NW 26th Ctsingle_family311,747$495,0002026-02-03
12601 NW 22nd Avesingle_family322,419$400,0002026-01-29
1370 NW 117th Stsingle_family321,614$130,0002026-01-23
1370 NW 112th Stsingle_family321,412$325,0002025-12-30
12950 NW 22nd Avesingle_family321,322$530,0002025-12-12
10800 NW 18th Avesingle_family321,225$575,0002025-12-11
1340 NW 128th Stsingle_family331,153$500,0002025-10-15
1915 NW 115th Stsingle_family321,704$430,0002025-10-10
1757 NW 109th Stsingle_family32768$475,0002025-10-07
1561 NW 132nd Stsingle_family321,608$519,9002025-09-26
1832 NW 112th Stsingle_family32$420,0002025-09-11
11125 E Golf Drsingle_family321,274$500,0002025-09-11
1275 NW 134th Stsingle_family321,200$460,0002025-09-10

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
1861 NW 112th Stsingle_family321,578$478,500
12865 NW 24th Avetownhomes331,695$480,000
1631 NW 114th Stsingle_family321,158$499,000
12808 NW 22nd Pltownhomes331,331$575,000
12750 NW 23rd Pltownhomes331,827$585,000
12123 NW 23rd Ctcondo_townhome_rowhome_coop331,545$470,000
2200 NW 110th Stsingle_family321,248$615,000
12432 NW 23rd Cttownhomes331,483$454,000

10-year hold projection

IRR-3.5%
Equity multiple0.41x
Total return (10yr)-$10,352
YearProperty valueNOICash flowLoan balanceEquity
1$648,900$8,658-$31,828$498,536$150,364
2$668,367$9,023-$31,503$492,696$175,671
3$688,418$9,403-$31,166$486,455$201,963
4$709,071$9,796-$30,815$479,786$229,285
5$730,343$10,204-$30,451$472,658$257,684
6$752,253$10,626-$30,073$465,042$287,211
7$774,821$11,065-$29,680$456,902$317,919
8$798,065$11,519-$29,272$448,203$349,862
9$822,007$11,991-$28,849$438,907$383,100
10$846,667$12,479-$28,410$428,973$417,695
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.