11715 NW 22nd Ct
Miami, FL 33167 · multi_family · For Sale · 30 days on market
Asking price$785,000
5 beds 3 baths 2,266 sqft
Suggested offer$471,366$313,634 above the est. market value of $471,366.
View on Realtor.com →Listed by Edwin Vega · Edwin Vega Realty LLC
Typemulti_family
Built1976
Price / sqft$346
Est. value (Zillow ZIP avg)$471,366
Rent estimate (building total, own analysis)$5,229/mo
HOANone
1 / 30
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Statusfor_sale
Listed date2026-08-04
Removed date—
MLSMiamiMLS #A12064959
Coordinates25.88120, -80.23563
Address11715 NW 22nd Ct
CityMiami
StateFL
Zip33167
Listing ID5476513652
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $785,000 |
| Down payment (20.0%) | $157,000 |
| Loan amount | $628,000 |
| Closing costs (5.0%) | $39,250 |
| Total cash to close | $196,250 |
| Income | |
| Rent (estimate) | $5,229$62,751 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,811$57,731 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,243$14,915 |
| Insurance (placeholder 0.8% of price) | $523$6,280 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $261$3,138 |
| Total operating expenses | $2,028$24,333 |
| 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) | $261$3,138 |
| 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.
No active rental listings cached yet for this bedroom count.
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 2450 NW 108th St | single_family | 5 | 3 | 3,316 | $799,999 | — |
| single_family | 5 | 5 | 2,166 | $1,075,000 | — | |
| 2439 NW 131st Cir | single_family | 5 | 3 | 2,233 | $665,000 | — |
| 14855 NW 16th Dr | single_family | 5 | 3 | — | $750,000 | — |
| 2357 NW 130th St | single_family | 5 | 3 | 2,233 | $615,000 | — |
| 14321 NW 16th Ct | single_family | 5 | 5 | 1,632 | $695,000 | — |
| 1335 NW 129th St | single_family | 5 | 3 | 1,995 | $610,000 | — |
10-year hold projection
IRR4.2%
Equity multiple1.67x
Total return (10yr)$233,237
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $808,550 | $33,398 | -$18,168 | $621,191 | $187,359 |
| 2 | $832,807 | $34,522 | -$17,123 | $613,915 | $218,892 |
| 3 | $857,791 | $35,682 | -$16,043 | $606,138 | $251,652 |
| 4 | $883,524 | $36,880 | -$14,927 | $597,828 | $285,696 |
| 5 | $910,030 | $38,118 | -$13,774 | $588,947 | $321,083 |
| 6 | $937,331 | $39,396 | -$12,583 | $579,456 | $357,875 |
| 7 | $965,451 | $40,715 | -$11,352 | $569,314 | $396,137 |
| 8 | $994,415 | $42,078 | -$10,080 | $558,475 | $435,940 |
| 9 | $1,024,247 | $43,485 | -$8,767 | $546,892 | $477,355 |
| 10 | $1,054,974 | $44,937 | -$7,409 | $534,513 | $520,461 |
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.