Miami, FL 33180 · single_family · For Sale · 191 days on market
Asking price$1,305,770
5 beds 2 baths 2,087 sqft
Suggested offer$1,016,472$289,298 above the est. market value of $1,016,472.
View on Realtor.com →
Listed by Angel Peralta · Equiestate, Corp.
Typesingle_family
Built1958
Price / sqft$626
Est. value (own analysis)$1,016,472
Rent estimate (own analysis)$15,480/mo
HOA$26/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-02-24
Removed date
MLSMiamiMLS #A11971020
Coordinates25.97378, -80.15061
Address
CityMiami
StateFL
Zip33180
Listing ID5570696061
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33180)

Typical home value (ZHVI)$463,036
Typical rent (ZORI)$3,210/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$1,305,770
Down payment (20.0%)$261,154
Loan amount$1,044,616
Closing costs (5.0%)$65,289
Total cash to close$326,443
Rent (comp-derived)$15,480$185,760
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$185,760
Vacancy rate (assumption) assumption8.0%

$185,760 × 8.0% = $14,861

Effective gross income$14,242$170,899
Property tax (placeholder 1.9% of price)$2,067$24,810
Insurance (placeholder 0.8% of price)$871$10,446
HOA dues$26$312
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$774$9,288
Total operating expenses$3,738$44,856
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$170,899
Total operating expenses derived$44,856

$170,899 − $44,856 = $126,043

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$1,044,616
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,044,616 amortized at 6.7% over 30 years = $6,713/mo

CapEx reserve (5.0% of GSR)$774$9,288
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$126,043
Annual debt service derived$80,556
Annual CapEx reserve assumption$9,288
Annual PMI assumption$0

($126,043 − $80,556 − $9,288 − $0) ÷ 12 = $3,017

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$126,043
Purchase price data$1,305,770

$126,043 ÷ $1,305,770 = 9.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$36,200
Total cash to close derived$326,443

$36,200 ÷ $326,443 = 11.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$126,043
Annual debt service derived$80,556

$126,043 ÷ $80,556 = 1.56

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$185,760
Purchase price data$1,305,770

($185,760 ÷ 12) ÷ $1,305,770 = 1.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,305,770
Gross scheduled rent (annual) comp$185,760

$1,305,770 ÷ $185,760 = 7.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,856
Effective gross income derived$170,899

$44,856 ÷ $170,899 = 26.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,856
Annual debt service derived$80,556
Annual PMI assumption$0
Gross scheduled rent (annual) comp$185,760

($44,856 + $80,556 + $0) ÷ $185,760 = 67.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,455$6,4002026-05-29
single_family563,115$30,0002026-01-12
single_family553,313$15,4802026-08-03

2555 NE 202nd St

Miami, 33180 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,455
Listed2026-05-29
Days on market

Asking rent: $6,400

View on Zillow →

2560 NE 199th St

Miami, 33180 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage3,115
Listed2026-01-12
Days on market

Asking rent: $30,000

View on Zillow →

3690 NE 199th St Unit 3690

Aventura, 33180 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,313
Listed2026-08-03
Days on market

Asking rent: $15,480

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
2280 NE 201st Stsingle_family543,174$1,925,0002026-07-17
3752 NE 199th Stsingle_family575,218$3,850,0002026-07-08
20100 NE 23rd Ctsingle_family543,552$1,730,0002026-06-10
3757 NE 208th Tersingle_family532,842$2,100,0002026-05-20
2570 NE 201st Stsingle_family532,789$1,315,0002026-03-12
2210 NE 204th Stsingle_family534,226$1,875,0002026-01-06
2362 NE 212th Tersingle_family533,110$1,405,0002025-12-08
2380 NE 214th Stsingle_family533,145$1,400,0002025-11-24
20125 NE 25th Avesingle_family55$2,680,0002025-11-04
2421 NE 199th Stsingle_family532,886$2,645,0002025-10-22

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
19321 NE 22nd Avesingle_family555,069$4,940,000
20001 NE 25th Avesingle_family573,760$4,175,000
2531 NE 195th Stsingle_family542,759$1,975,000
2330 NE 195th Stsingle_family542,335$1,550,000
21280 NE 23rd Avesingle_family542,564$1,799,000
19810 NE 22nd Avesingle_family532,837$1,520,000
19941 NE 36th Plsingle_family563,511$2,975,000
3188 NE 211th Tersingle_family552,949$2,399,000

10-year hold projection

IRR20.0%
Equity multiple4.01x
Total return (10yr)$1,151,597
YearProperty valueNOICash flowLoan balanceEquity
1$1,344,943$126,043$36,200$1,033,290$311,653
2$1,385,291$130,049$39,973$1,021,186$364,105
3$1,426,850$134,180$43,866$1,008,252$418,599
4$1,469,656$138,441$47,883$994,428$475,227
5$1,513,745$142,836$52,028$979,656$534,089
6$1,559,158$147,369$56,305$963,869$595,288
7$1,605,932$152,044$60,717$946,998$658,934
8$1,654,110$156,865$65,269$928,969$725,141
9$1,703,734$161,838$69,965$909,702$794,032
10$1,754,846$166,966$74,811$889,111$865,735
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.