583 NW 47th Ter

Miami, FL 33127 · single_family · For Sale · 30 days on market
Asking price$747,500
3 beds 2 baths 1,182 sqft
Suggested offer$529,063$218,437 above the est. market value of $529,063.
View on Realtor.com →
Listed by Carla Martinez · Jade International Realty Llc
Typesingle_family
Built1936
Price / sqft$632
Est. value (own analysis)$529,063
Rent estimate (own analysis)$3,750/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-03
Removed date
MLSMiamiMLS #A12064317
Coordinates25.81933, -80.20554
Address583 NW 47th Ter
CityMiami
StateFL
Zip33127
Listing ID5434370426
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33127)

Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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$747,500
Down payment (20.0%)$149,500
Loan amount$598,000
Closing costs (5.0%)$37,375
Total cash to close$186,875
Rent (comp-derived)$3,750$45,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,000
Vacancy rate (assumption) assumption8.0%

$45,000 × 8.0% = $3,600

Effective gross income$3,450$41,400
Property tax (placeholder 1.9% of price)$1,184$14,203
Insurance (est. scaled by flood & wind risk)$1,096$13,156
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$188$2,250
Total operating expenses$2,467$29,609
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$41,400
Total operating expenses derived$29,609

$41,400 − $29,609 = $11,792

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$598,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$598,000 amortized at 6.7% over 30 years = $3,843/mo

CapEx reserve (5.0% of GSR)$188$2,250
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$11,792
Annual debt service derived$46,115
Annual CapEx reserve assumption$2,250
Annual PMI assumption$0

($11,792 − $46,115 − $2,250 − $0) ÷ 12 = -$3,048

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,792
Purchase price data$747,500

$11,792 ÷ $747,500 = 1.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$36,573
Total cash to close derived$186,875

-$36,573 ÷ $186,875 = -19.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,792
Annual debt service derived$46,115

$11,792 ÷ $46,115 = 0.26

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,000
Purchase price data$747,500

($45,000 ÷ 12) ÷ $747,500 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$747,500
Gross scheduled rent (annual) comp$45,000

$747,500 ÷ $45,000 = 16.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$29,609
Effective gross income derived$41,400

$29,609 ÷ $41,400 = 71.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$29,609
Annual debt service derived$46,115
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,000

($29,609 + $46,115 + $0) ÷ $45,000 = 168.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,060$3,000
single_family321,092$2,8002026-08-12
single_family311,077$2,8502026-08-12
single_family321,176$3,9952026-08-11
single_family321,331$4,5002026-08-10
single_family321,500$9,0002026-08-07
single_family311,144$3,5002026-08-06
single_family331,443$5,3002026-07-16
single_family321,080$2,7002026-07-13
single_family32962$4,5002026-07-08
single_family321,100$3,1992026-06-29
single_family321,065$3,7502026-06-26
single_family311,362$5,0002026-06-26
single_family311,146$3,3502026-06-25
single_family321,537$4,9902026-06-10
single_family321,206$4,2002026-06-03
single_family361,107$7,5002026-05-20
single_family321,475$3,5002026-05-07
single_family311,332$2,9002026-05-05
single_family321,200$4,2502026-05-04
single_family311,107$3,3002026-08-04
single_family321,526$4,9002026-07-28
single_family321,192$7,0002024-06-18
single_family331,302$3,100
single_family311,000$2,3502026-08-24
single_family321,060$2,9002026-08-15
single_family321,320$8,5002026-08-30

580 NW 58th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,060
Listed
Days on market

Asking rent: $3,000

View on Zillow →

1138 NW 37th St Unit 1138

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,092
Listed2026-08-12
Days on market

Asking rent: $2,800

View on Zillow →

329 NW 44th St Unit 1

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,077
Listed2026-08-12
Days on market

Asking rent: $2,850

View on Zillow →

70 NW 33rd St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,176
Listed2026-08-11
Days on market

Asking rent: $3,995

View on Zillow →

68 NW 47th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,331
Listed2026-08-10
Days on market

Asking rent: $4,500

View on Zillow →

412 NW 41st St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-08-07
Days on market

Asking rent: $9,000

View on Zillow →

836 NW 29th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,144
Listed2026-08-06
Days on market

Asking rent: $3,500

View on Zillow →

285 NW 45th St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,443
Listed2026-07-16
Days on market

Asking rent: $5,300

View on Zillow →

61 NW 53rd St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,080
Listed2026-07-13
Days on market

Asking rent: $2,700

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774 NW 49th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage962
Listed2026-07-08
Days on market

Asking rent: $4,500

View on Zillow →

170 NW 49th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,100
Listed2026-06-29
Days on market

Asking rent: $3,199

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5612 NW 11th Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,065
Listed2026-06-26
Days on market

Asking rent: $3,750

View on Zillow →

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,362
Listed2026-06-26
Days on market

Asking rent: $5,000

View on Zillow →

103 NW 35th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,146
Listed2026-06-25
Days on market

Asking rent: $3,350

View on Zillow →

11 NW 47th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,537
Listed2026-06-10
Days on market

Asking rent: $4,990

View on Zillow →

5519 NW 4th Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,206
Listed2026-06-03
Days on market

Asking rent: $4,200

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545 NW 47th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 6 ba
Square footage1,107
Listed2026-05-20
Days on market

Asking rent: $7,500

View on Zillow →

1025 NW 55th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,475
Listed2026-05-07
Days on market

Asking rent: $3,500

View on Zillow →

267 NW 33rd St Unit 1

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,332
Listed2026-05-05
Days on market

Asking rent: $2,900

View on Zillow →

126 NW 48th St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-05-04
Days on market

Asking rent: $4,250

View on Zillow →

228 NW 39th St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,107
Listed2026-08-04
Days on market

Asking rent: $3,300

View on Zillow →

61 NW 47th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,526
Listed2026-07-28
Days on market

Asking rent: $4,900

View on Zillow →

3902 NW 3rd Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,192
Listed2024-06-18
Days on market

Asking rent: $7,000

View on Zillow →

1036 NW 47th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,302
Listed
Days on market

Asking rent: $3,100

View on Zillow →

818 NW 55th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,000
Listed2026-08-24
Days on market

Asking rent: $2,350

View on Zillow →

590 NW 58th St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,060
Listed2026-08-15
Days on market

Asking rent: $2,900

View on Zillow →

500 NW 43rd St

Miami, 33127 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,320
Listed2026-08-30
Days on market

Asking rent: $8,500

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
3314 NW 9th Ctsingle_family311,020$385,0002026-08-21
352 NW 41st Stsingle_family321,600$572,0002026-08-14
5621 NW 11th Avesingle_family321,590$710,0002026-07-29
1118 NW 47th Stsingle_family321,204$450,0002026-07-24
1037 NW 30th Stsingle_family322,094$390,0002026-07-23
745 NW 46th Stsingle_family311,350$439,0002026-07-17
1151 NW 45th Stsingle_family321,287$625,0002026-07-14
109 NW 48th Stsingle_family311,385$850,0002026-07-10
412 NW 41st Stsingle_family321,500$1,300,0002026-07-09
401 NW 59th Tersingle_family311,144$370,0002026-07-06
154 NW 61st Stsingle_family321,250$369,0002026-06-25
1044 NW 60th Stsingle_family311,168$600,0002026-06-23
34 NW 34th Tersingle_family311,372$950,0002026-06-23
911 NW 45th Stsingle_family32878$525,0002026-06-23
529 NW 42nd Stsingle_family321,630$675,0002026-06-05
490 NW 47th Stsingle_family311,204$650,0002026-06-02
575 NW 49th Stsingle_family321,172$630,0002026-06-01
512 NW 48th Stsingle_family311,624$450,0002026-05-28
3518 NW 11th Avesingle_family322,017$550,0002026-05-25
1079 NW 25th Stsingle_family33$289,9002026-05-22
5426 NW 3rd Avesingle_family321,198$345,0002026-05-21
4020 NW 12th Avesingle_family31936$420,0002026-05-18
210 NW 43rd Stsingle_family311,016$2,650,0002026-05-13
1011 NW 44th Stsingle_family332,147$780,0002026-05-12
1017 NW 47th Stsingle_family321,200$620,0002026-05-04
61 NW 53rd Stsingle_family331,080$630,0002026-05-01
1161 NW 45th Stsingle_family321,494$355,0002026-04-24
891 NW 32nd Stsingle_family32$500,0002026-04-20
1101 NW 30th Stsingle_family321,188$510,0002026-04-17
763 NW 41st Stsingle_family311,125$525,0002026-04-10
351 NW 51st Stsingle_family321,767$510,0002026-04-02
5210 NW 5th Avesingle_family321,599$630,0002026-03-31
244 NW 43rd Stsingle_family321,884$760,0002026-03-31
4701 NW 10th Avesingle_family321,448$535,0002026-03-19
1101 NW 40th Stsingle_family311,622$468,0002026-03-06
5521 NW 10th Avesingle_family31875$425,0002026-02-16
475 NW 42nd Stsingle_family321,461$840,0002026-02-13
1170 NW 59th Stsingle_family321,086$495,0002026-02-11
6590185035single_family321,168$369,0002026-02-11
4334 NW 3rd Avesingle_family311,174$530,0002026-01-30
507 NW 42nd Stsingle_family321,712$690,0002025-12-31
1010 NW 57th Stsingle_family321,406$422,8002025-12-19
738 NW 47th Stsingle_family311,231$310,0002025-12-19
266 NW 42nd Stsingle_family311,028$799,0002025-12-05
165 NW 46th Stsingle_family321,202$700,0002025-11-27
354 NW 43rd Stsingle_family331,981$1,250,0002025-11-26
265 NW 44th Stsingle_family321,486$790,0002025-11-24
130 NW 48th Stsingle_family321,558$699,0002025-11-17
3324 NW 10th Avesingle_family321,059$649,0002025-11-05
530 NW 46th Stsingle_family321,300$750,0002025-10-22

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
1130 NW 57th Stsingle_family321,131$469,900
single_family321,269$549,950
5510 NW 1st Avesingle_family331,178$870,000
1191 NW 49th Stsingle_family32955$470,000
1137 NW 55th Stsingle_family321,063$550,000
1121 NW 57th Stsingle_family321,309$616,000
736 NW 41st Stsingle_family321,277$569,000
1085 NW 26th Stsingle_family321,190$550,000

10-year hold projection

IRR-3.1%
Equity multiple0.49x
Total return (10yr)$2,631
YearProperty valueNOICash flowLoan balanceEquity
1$769,925$11,792-$36,573$591,516$178,409
2$793,023$12,293-$36,128$584,587$208,435
3$816,813$12,814-$35,665$577,183$239,631
4$841,318$13,354-$35,184$569,270$272,048
5$866,557$13,914-$34,685$560,813$305,744
6$892,554$14,495-$34,166$551,776$340,779
7$919,331$15,097-$33,627$542,118$377,213
8$946,911$15,722-$33,068$531,797$415,114
9$975,318$16,369-$32,487$520,767$454,551
10$1,004,577$17,041-$31,884$508,979$495,598
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.