1079 NW 112th Ter
Miami, FL 33168 · multi_family · For Sale · 77 days on market
Asking price$624,999
5 beds 4 baths 1,456 sqft
Suggested offer$429,245$195,754 above the est. market value of $429,245.
View on Realtor.com →Listed by Jorge Forte · Stratwell
Typemulti_family
Built1951
Price / sqft$429
Est. value (own analysis)$429,245
Rent estimate (building total, own analysis)$3,713/mo
HOANone
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Statusfor_sale
Listed date2026-06-17
Removed date—
MLSMiamiMLS #A12037436
Coordinates25.87795, -80.21595
Address1079 NW 112th Ter
CityMiami
StateFL
Zip33168
Listing ID5528052450
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33168)
Typical home value (ZHVI)$465,034
Typical rent (ZORI)$2,539/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 | $624,999 |
| Down payment (20.0%) | $125,000 |
| Loan amount | $499,999 |
| Closing costs (5.0%) | $31,250 |
| Total cash to close | $156,250 |
| Income | |
| Rent (estimate) | $3,713$44,554 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,416$40,989 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $990$11,875 |
| Insurance (placeholder 0.8% of price) | $417$5,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $186$2,228 |
| Total operating expenses | $1,592$19,103 |
| 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) | $186$2,228 |
| 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.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 11401 NW 12th Ave | multi_family | — | — | 1,904 | $550,000 | 2026-07-30 |
| 1061 NW 108th Ter | multi_family | — | — | 2,355 | $690,000 | 2026-07-01 |
| 13493 NW 8th Ave | multi_family | — | — | 2,120 | $625,000 | 2026-06-22 |
| 1006 NW 112th Ter | multi_family | — | — | 1,258 | $580,000 | 2025-12-29 |
| 801 NW 109th St | multi_family | — | — | 1,568 | $630,000 | 2025-11-17 |
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 |
|---|---|---|---|---|---|---|
| 321 NW 145th St | single_family | 5 | 4 | 2,490 | $580,000 | — |
| 14324 Garden Dr | single_family | 5 | 3 | 2,489 | $1,195,000 | — |
| 10841 NW 8th Ave | multi_family | 5 | 3 | 2,010 | $599,001 | — |
| 12040 N Miami Ave | single_family | 5 | 4 | 1,979 | $855,000 | — |
10-year hold projection
IRR2.1%
Equity multiple1.34x
Total return (10yr)$134,728
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $643,749 | $21,887 | -$18,899 | $494,578 | $149,171 |
| 2 | $663,061 | $22,639 | -$18,202 | $488,785 | $174,277 |
| 3 | $682,953 | $23,416 | -$17,482 | $482,594 | $200,360 |
| 4 | $703,442 | $24,219 | -$16,738 | $475,977 | $227,465 |
| 5 | $724,545 | $25,048 | -$15,968 | $468,906 | $255,639 |
| 6 | $746,281 | $25,905 | -$15,173 | $461,350 | $284,931 |
| 7 | $768,670 | $26,790 | -$14,351 | $453,275 | $315,395 |
| 8 | $791,730 | $27,705 | -$13,501 | $444,645 | $347,085 |
| 9 | $815,482 | $28,649 | -$12,622 | $435,423 | $380,059 |
| 10 | $839,946 | $29,625 | -$11,714 | $425,567 | $414,379 |
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.