2930 NW 12th St
Miami, FL 33125 · multi_family · For Sale · 15 days on market
Asking price$839,000
5 beds 3 baths 2,189 sqft
Suggested offer$557,575$281,425 above the est. market value of $557,575.
View on Realtor.com →Listed by Annette Armand Pabon · Armand & Assoc Realty Inc
Typemulti_family
Built1975
Price / sqft$383
Est. value (own analysis)$557,575
Rent estimate (building total, own analysis)$6,261/mo
HOANone
1 / 2
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Statusfor_sale
Listed date2026-08-18
Removed date—
MLSMiamiMLS #A12073542
Coordinates25.78402, -80.24261
Address2930 NW 12th St
CityMiami
StateFL
Zip33125
Listing ID5536814532
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $839,000 |
| Down payment (20.0%) | $167,800 |
| Loan amount | $671,200 |
| Closing costs (5.0%) | $41,950 |
| Total cash to close | $209,750 |
| Income | |
| Rent (estimate) | $6,261$75,126 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,760$69,116 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,328$15,941 |
| Insurance (placeholder 0.8% of price) | $559$6,712 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $313$3,756 |
| Total operating expenses | $2,201$26,409 |
| 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) | $313$3,756 |
| 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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1130-1132 NW 34th Ave | multi_family | 5 | 4 | 1,824 | $739,900 | — |
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 935 NW 22nd Ct | multi_family | 5 | 3 | 1,758 | $769,000 | — |
| 2160 NW 18th Ter | multi_family | 5 | 4 | 2,552 | $1,180,000 | — |
| 1055 NW 32nd Ct | multi_family | 5 | 4 | 2,287 | $1,199,000 | — |
| 1052 NW 25th Ave | multi_family | 5 | 3 | 1,950 | $699,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
10-year hold projection
IRR6.5%
Equity multiple2.03x
Total return (10yr)$325,250
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $864,170 | $42,707 | -$12,809 | $663,923 | $200,247 |
| 2 | $890,095 | $44,120 | -$11,490 | $656,146 | $233,949 |
| 3 | $916,798 | $45,579 | -$10,127 | $647,835 | $268,963 |
| 4 | $944,302 | $47,085 | -$8,720 | $638,953 | $305,349 |
| 5 | $972,631 | $48,640 | -$7,266 | $629,461 | $343,170 |
| 6 | $1,001,810 | $50,245 | -$5,765 | $619,318 | $382,492 |
| 7 | $1,031,864 | $51,902 | -$4,214 | $608,477 | $423,387 |
| 8 | $1,062,820 | $53,612 | -$2,613 | $596,893 | $465,927 |
| 9 | $1,094,705 | $55,377 | -$959 | $584,513 | $510,192 |
| 10 | $1,127,546 | $57,200 | $749 | $571,283 | $556,263 |
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.