1830 NE 193rd St
Miami, FL 33179 · single_family · For Sale · 121 days on market
Asking price$4,126,000
6 beds 7 baths 3,603 sqft
Suggested offer$607,800$3,518,200 above the est. market value of $607,800.
View on Realtor.com →Listed by Anat Thaller · LoKation® Real Estate
Typesingle_family
Built—
Price / sqft$1145
Est. value (Realtor.com)$607,800
Rent estimate (own analysis)$17,000/mo
HOANone
1 / 39
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Statusfor_sale
Listed date2026-05-04
Removed date—
MLSMiamiMLS #A12012262
Coordinates25.95288, -80.16443
Address1830 NE 193rd St
CityMiami
StateFL
Zip33179
Listing ID5616559064
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33179)
Typical home value (ZHVI)$274,207
Typical rent (ZORI)$2,257/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 | $4,126,000 |
| Down payment (20.0%) | $825,200 |
| Loan amount | $3,300,800 |
| Closing costs (5.0%) | $206,300 |
| Total cash to close | $1,031,500 |
| Income | |
| Rent (comp-derived) | $17,000$204,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $15,640$187,680 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $3,542$42,508 |
| Insurance (placeholder 0.8% of price) | $2,751$33,008 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $850$10,200 |
| Total operating expenses | $7,143$85,716 |
| 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) | $850$10,200 |
| 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 | 6 | 7 | 3,603 | $26,000 | 2026-05-07 | — | |
| single_family | 6 | 7 | 5,125 | $14,000 | 2026-04-27 | — | |
| single_family | 6 | 5 | 4,200 | $17,000 | 2026-03-31 | — |
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 |
|---|---|---|---|---|---|---|
| 1572 NE 194th St | single_family | 6 | 6 | 4,437 | $3,400,000 | 2026-04-30 |
| 21480 Highland Lakes Blvd # 21480 | single_family | 6 | 7 | 3,312 | $2,161,000 | 2026-04-24 |
| 1940 NE 193rd St | single_family | 6 | 6 | 4,787 | $4,116,200 | 2025-12-26 |
| 19411 Presidential Way | single_family | 6 | 5 | 4,174 | $3,094,500 | 2025-12-22 |
| 2070 NE 194th Ter | single_family | 6 | 7 | 6,894 | $4,400,000 | 2025-10-20 |
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 |
|---|---|---|---|---|---|---|
| 19200 NE 14th Ct | single_family | 6 | 6 | 4,735 | $3,408,990 | — |
| 19625 NE 14th Ave | single_family | 6 | 6 | 4,735 | $3,464,765 | — |
| 19200 NE 14th Ct | single_family | 6 | 6 | 4,735 | $3,408,990 | — |
| 1977 S Oak Haven Cir | single_family | 6 | 6 | 4,495 | $2,800,000 | — |
| 19616 NE 14th Ct | single_family | 6 | 6 | 4,400 | $3,750,000 | — |
| 19914 NE 19th Ct | single_family | 6 | 7 | 5,911 | $3,600,000 | — |
| 18600 NE 7th Ct | single_family | 6 | 5 | 3,960 | $1,200,000 | — |
10-year hold projection
IRR-0.6%
Equity multiple0.91x
Total return (10yr)$441,907
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,249,780 | $101,964 | -$162,778 | $3,265,012 | $984,768 |
| 2 | $4,377,273 | $105,452 | -$159,545 | $3,226,766 | $1,150,507 |
| 3 | $4,508,592 | $109,054 | -$156,204 | $3,185,894 | $1,322,697 |
| 4 | $4,643,849 | $112,776 | -$152,750 | $3,142,216 | $1,501,634 |
| 5 | $4,783,165 | $116,621 | -$149,180 | $3,095,538 | $1,687,627 |
| 6 | $4,926,660 | $120,593 | -$145,490 | $3,045,654 | $1,881,006 |
| 7 | $5,074,460 | $124,695 | -$141,675 | $2,992,345 | $2,082,115 |
| 8 | $5,226,693 | $128,933 | -$137,733 | $2,935,375 | $2,291,318 |
| 9 | $5,383,494 | $133,311 | -$133,659 | $2,874,493 | $2,509,001 |
| 10 | $5,544,999 | $137,832 | -$129,448 | $2,809,430 | $2,735,569 |
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.