19885 NE 22nd Ave

Miami, FL 33180 · single_family · For Sale · 78 days on market
Asking price$1,775,000
4 beds 4 baths 3,898 sqft
View on Realtor.com →
Listed by Moe Mossa · Savvy Avenue
Typesingle_family
Built1972
Price / sqft$455
Est. value (own analysis)$2,321,913
Rent estimate (own analysis)$12,800/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-16
Removed date
MLSBeachesMLS #B26041579
Coordinates25.95895, -80.15699
Address19885 NE 22nd Ave
CityMiami
StateFL
Zip33180
Listing ID5650992794
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$1,775,000
Down payment (20.0%)$355,000
Loan amount$1,420,000
Closing costs (5.0%)$88,750
Total cash to close$443,750
Rent (comp-derived)$12,800$153,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$153,600
Vacancy rate (assumption) assumption8.0%

$153,600 × 8.0% = $12,288

Effective gross income$11,776$141,312
Property tax (placeholder 1.9% of price)$2,810$33,725
Insurance (est. scaled by flood & wind risk)$1,893$22,720
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$640$7,680
Total operating expenses$5,344$64,125
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$141,312
Total operating expenses derived$64,125

$141,312 − $64,125 = $77,187

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$1,420,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,420,000 amortized at 6.7% over 30 years = $9,125/mo

CapEx reserve (5.0% of GSR)$640$7,680
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$77,187
Annual debt service derived$109,504
Annual CapEx reserve assumption$7,680
Annual PMI assumption$0

($77,187 − $109,504 − $7,680 − $0) ÷ 12 = -$3,333

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$77,187
Purchase price data$1,775,000

$77,187 ÷ $1,775,000 = 4.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$39,997
Total cash to close derived$443,750

-$39,997 ÷ $443,750 = -9.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$77,187
Annual debt service derived$109,504

$77,187 ÷ $109,504 = 0.70

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$153,600
Purchase price data$1,775,000

($153,600 ÷ 12) ÷ $1,775,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,775,000
Gross scheduled rent (annual) comp$153,600

$1,775,000 ÷ $153,600 = 11.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$64,125
Effective gross income derived$141,312

$64,125 ÷ $141,312 = 45.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$64,125
Annual debt service derived$109,504
Annual PMI assumption$0
Gross scheduled rent (annual) comp$153,600

($64,125 + $109,504 + $0) ÷ $153,600 = 113.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,747$10,2502026-07-06
single_family443,200$12,8002026-06-18
single_family432,768$9,0002026-07-27
single_family453,292$15,000
single_family453,232$11,5002026-08-18
single_family442,719$13,0002026-07-27
single_family442,842$13,0002026-06-11

2220 NE 204th St

Miami, 33180 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,747
Listed2026-07-06
Days on market

Asking rent: $10,250

View on Zillow →

21025 NE 38th Ave Unit 81

Aventura, 33180 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,200
Listed2026-06-18
Days on market

Asking rent: $12,800

View on Zillow →

2250 NE 201st St Unit 0

Miami, 33180 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,768
Listed2026-07-27
Days on market

Asking rent: $9,000

View on Zillow →

3750 Yacht Club Dr

Miami, 33180 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,292
Listed
Days on market

Asking rent: $15,000

View on Zillow →

3225 NE 207th Ter

Aventura, 33180 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,232
Listed2026-08-18
Days on market

Asking rent: $11,500

View on Zillow →

19973 NE 37th Ave

Aventura, 33180 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,719
Listed2026-07-27
Days on market

Asking rent: $13,000

View on Zillow →

3718 NE 208th St Unit 3718

Aventura, 33180 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,842
Listed2026-06-11
Days on market

Asking rent: $13,000

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
2370 NE 195th Stsingle_family432,316$1,880,0002026-07-31
20990 NE 30th Plsingle_family432,306$1,338,0002026-07-10
20920 NE 32nd Avesingle_family443,176$1,800,0002026-07-07
20765 NE 32nd Avesingle_family453,250$1,610,0002026-06-15
20815 NE 37th Ctsingle_family442,380$1,850,0002026-06-05
2420 NE 201st Stsingle_family422,685$1,200,0002026-05-04
3156 NE 212th Tersingle_family442,482$1,425,0002026-04-29
20825 NE 32nd Plsingle_family452,973$2,330,0002026-04-23
21151 NE 22nd Ctsingle_family423,329$1,825,0002026-03-30
2510 NE 207th Tersingle_family421,827$1,175,0002026-01-20
20905 NE 32nd Avesingle_family453,330$2,000,0002026-01-14
21320 NE 26th Avesingle_family452,309$1,750,0002025-11-21
2325 NE 191st Stsingle_family432,352$1,100,0002025-11-18
3095 NE 208th Tersingle_family432,361$1,500,0002025-11-12
3144 NE 212th Stsingle_family432,461$1,507,0002025-10-30
3144 NE 212th Stsingle_family442,513$1,507,0002025-10-23
3277 NE 212th Stsingle_family442,770$1,650,0002025-10-16
18690 NE 22nd Avesingle_family423,164$957,0002025-10-07
3106 NE 210th Tersingle_family442,361$1,385,0002025-09-05

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
19694 NE 24th Avesingle_family442,863$2,580,000
2616 NE 214th Stsingle_family44899$489,000
2627 NE 213th Stsingle_family421,473$899,900
19731 NE 24th Avesingle_family443,228$2,395,000
19667 Turnberry Way Apt 20GRcondos443,426$1,900,000
2511 NE 209th Tersingle_family452,150$2,150,000
2301 NE 196th Stsingle_family442,668$1,850,000
2375 NE 185th Stsingle_family431,556$860,000

10-year hold projection

IRR4.4%
Equity multiple1.70x
Total return (10yr)$542,327
YearProperty valueNOICash flowLoan balanceEquity
1$1,828,250$77,187-$39,997$1,404,604$423,646
2$1,883,098$79,823-$37,552$1,388,151$494,947
3$1,939,590$82,547-$35,026$1,370,568$569,023
4$1,997,778$85,360-$32,414$1,351,777$646,001
5$2,057,711$88,266-$29,715$1,331,697$726,015
6$2,119,443$91,268-$26,925$1,310,237$809,206
7$2,183,026$94,369-$24,041$1,287,303$895,723
8$2,248,517$97,571-$21,061$1,262,795$985,722
9$2,315,972$100,880-$17,981$1,236,604$1,079,369
10$2,385,452$104,297-$14,798$1,208,614$1,176,838
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.