4122 NW 11th Pl
Miami, FL 33127 · single_family · For Sale · 21 days on market
Asking price$599,900
4 beds 3 baths 1,366 sqft
Suggested offer$519,613$80,287 above the est. market value of $519,613.
View on Realtor.com →Listed by Luis Rodriguez · Rejoice Realty Group, Inc.
Typesingle_family
Built1939
Price / sqft$439
Est. value (own analysis)$519,613
Rent estimate (own analysis)$4,250/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-12
Removed date—
MLSMiamiMLS #A12069981
Coordinates25.81408, -80.21559
Address4122 NW 11th Pl
CityMiami
StateFL
Zip33127
Listing ID5486319150
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $599,900 |
| Down payment (20.0%) | $119,980 |
| Loan amount | $479,920 |
| Closing costs (5.0%) | $29,995 |
| Total cash to close | $149,975 |
| Income | |
| Rent (comp-derived) | $4,250$51,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,910$46,920 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $950$11,398 |
| Insurance (est. scaled by flood & wind risk) | $600$7,199 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $213$2,550 |
| Total operating expenses | $1,762$21,147 |
| 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) | $213$2,550 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,697 | $4,000 | 2026-08-20 | — | |
| single_family | 4 | 2 | 1,647 | $4,500 | 2026-08-17 | — | |
| single_family | 4 | 3 | 1,323 | $3,995 | 2026-08-13 | — | |
| single_family | 4 | 1 | 1,225 | $2,800 | 2026-07-15 | — | |
| single_family | 4 | 2 | 1,252 | $3,799 | 2026-07-08 | — | |
| single_family | 4 | 2 | 1,602 | $5,300 | 2026-07-07 | — | |
| single_family | 4 | 3 | 1,717 | $9,000 | 2026-06-19 | — | |
| single_family | 4 | 2 | 1,781 | $6,500 | 2026-04-15 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 160 NW 39th St | single_family | 4 | 5 | 2,916 | $640,000 | 2026-07-31 |
| 818 NW 47th St | single_family | 4 | 3 | 1,517 | $620,000 | 2026-07-29 |
| 11 NW 45th St | single_family | 4 | 2 | 1,474 | $1,405,000 | 2026-07-06 |
| 765 NW 45th St | single_family | 4 | 3 | 1,690 | $750,000 | 2026-06-26 |
| 50 NW 41st St | single_family | 4 | 2 | 2,339 | $820,000 | 2026-06-24 |
| 5802 NW 5th Ave | single_family | 4 | 4 | — | $1,150,000 | 2026-06-23 |
| 95 NW 52nd St | single_family | 4 | 3 | 1,833 | $850,000 | 2026-06-13 |
| 929 NW 60th St | single_family | 4 | 3 | 1,607 | $690,000 | 2026-06-12 |
| 769 NW 21st St | single_family | 4 | 1 | 1,222 | $2,200,000 | 2026-05-18 |
| 80 NW 53rd St | single_family | 4 | 2 | 1,634 | $560,000 | 2026-04-28 |
| 142 NW 47th Ter | single_family | 4 | 2 | 1,680 | $855,000 | 2026-04-23 |
| 535 NW 52nd St | single_family | 4 | 3 | — | $1,165,000 | 2026-04-20 |
| 1150 NW 51st St | single_family | 4 | 2 | 1,356 | $343,100 | 2026-04-14 |
| 5318 NW 7th Ct | single_family | 4 | 3 | 2,173 | $675,000 | 2026-04-10 |
| 794 NW 44th St | single_family | 4 | 3 | — | $532,500 | 2026-04-06 |
| 530 NW 41st St | single_family | 4 | 2 | 2,172 | $1,650,000 | 2026-03-27 |
| 540 NW 44th St | single_family | 4 | 3 | 1,780 | $658,000 | 2026-03-23 |
| 5660 NW 5th Ct | single_family | 4 | 2 | 1,540 | $400,000 | 2026-02-17 |
| 95 NW 45th St | single_family | 4 | 2 | 1,568 | $925,000 | 2026-02-13 |
| 52 NW 47th Ter | single_family | 4 | 3 | 1,179 | $765,000 | 2026-02-12 |
| 501 NW 43rd St | single_family | 4 | 3 | 1,984 | $595,000 | 2026-01-26 |
| 5316 NW 7th Ct | single_family | 4 | 3 | 2,175 | $665,000 | 2026-01-23 |
| 1128 NW 61st St | single_family | 4 | 3 | 2,724 | $510,000 | 2026-01-16 |
| 337 NW 47th St | single_family | 4 | 1 | 1,360 | $680,000 | 2026-01-09 |
| 25 NW 51st St | single_family | 4 | 3 | 1,983 | $620,000 | 2025-12-15 |
| 175 NW 44th St | single_family | 4 | 2 | 1,498 | $1,375,000 | 2025-12-02 |
| 25 NW 51st St | single_family | 4 | 3 | 1,983 | $620,000 | 2025-11-26 |
| 6620731705 | single_family | 4 | 2 | 1,494 | $380,000 | 2025-11-25 |
| 1125 NW 58th St | single_family | 4 | 2 | 1,500 | $545,000 | 2025-10-21 |
| 4100 NW 11th Ave | single_family | 4 | 3 | 1,667 | $652,000 | 2025-10-10 |
| 151 NW 44th St | single_family | 4 | 4 | — | $2,375,000 | 2025-09-26 |
| 780 NW 42nd St | single_family | 4 | 3 | 1,420 | $605,000 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 4746 NW 10th Ave | single_family | 4 | 4 | 2,252 | $925,000 | — |
| 347 NW 42nd St | single_family | 4 | 1 | 1,038 | $589,700 | — |
| 171 NW 47th St | multi_family | 4 | 2 | 1,540 | $1,099,999 | — |
| 1027 NW 29th St | multi_family | 4 | 3 | 1,165 | $1,495,000 | — |
| 1000 NW 39th St | multi_family | 4 | 3 | 1,904 | $850,000 | — |
| 790 NW 56th St | multi_family | 4 | 2 | 1,572 | $510,000 | — |
| 1157 NW 45th St | single_family | 4 | 2 | 1,664 | $625,000 | — |
| 4031 NW 1st Ave | single_family | 4 | 5 | 2,883 | $2,790,000 | — |
10-year hold projection
IRR4.2%
Equity multiple1.68x
Total return (10yr)$180,067
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $617,897 | $25,773 | -$13,786 | $474,717 | $143,180 |
| 2 | $636,434 | $26,652 | -$12,971 | $469,156 | $167,278 |
| 3 | $655,527 | $27,560 | -$12,128 | $463,213 | $192,314 |
| 4 | $675,193 | $28,498 | -$11,257 | $456,862 | $218,330 |
| 5 | $695,449 | $29,467 | -$10,357 | $450,076 | $245,373 |
| 6 | $716,312 | $30,467 | -$9,427 | $442,823 | $273,489 |
| 7 | $737,801 | $31,501 | -$8,465 | $435,072 | $302,730 |
| 8 | $759,935 | $32,569 | -$7,472 | $426,788 | $333,147 |
| 9 | $782,733 | $33,671 | -$6,445 | $417,936 | $364,797 |
| 10 | $806,215 | $34,810 | -$5,383 | $408,476 | $397,739 |
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.