15130 S River Dr
Miami, FL 33169 · single_family · Pending — under contract · 23 days on market
Asking price$1,000,000
2 beds 1 baths 1,076 sqft
Suggested offer$469,190$530,810 above the est. market value of $469,190.
View on Realtor.com →Listed by Louis Tamayo · Grass Tamayo Real Estate Group LLC
Typesingle_family
Built1949
Price / sqft$929
Est. value (own analysis)$469,190
Rent estimate (own analysis)$2,050/mo
HOANone
1 / 37
Show every detail
Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12067420
Coordinates25.91342, -80.22076
Address15130 S River Dr
CityMiami
StateFL
Zip33169
Listing ID5682420119
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33169)
Typical home value (ZHVI)$471,445
Typical rent (ZORI)$2,193/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 | $1,000,000 |
| Down payment (20.0%) | $200,000 |
| Loan amount | $800,000 |
| Closing costs (5.0%) | $50,000 |
| Total cash to close | $250,000 |
| Income | |
| Rent (comp-derived) | $2,050$24,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,886$22,632 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,583$19,000 |
| Insurance (placeholder 0.8% of price) | $667$8,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $103$1,230 |
| Total operating expenses | $2,353$28,230 |
| 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) | $103$1,230 |
| 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 | 2 | 2 | 1,036 | $1,900 | 2026-09-01 | — | |
| single_family | 2 | 1 | 780 | $2,050 | — | — | |
| single_family | 2 | 2 | 2,158 | $2,600 | 2026-08-14 | — |
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 |
|---|---|---|---|---|---|---|
| 17980 NW 2nd Ct | single_family | 2 | 1 | 975 | $430,000 | 2026-06-08 |
| 17031 NW 10th Ct | single_family | 2 | 1 | 1,135 | $500,000 | 2025-12-24 |
| 18040 NW 2nd Ct | single_family | 2 | 1 | 950 | $410,000 | 2025-12-04 |
| 901 NW 183rd Dr | single_family | 2 | 1 | 2,067 | $390,000 | 2025-10-10 |
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 |
|---|---|---|---|---|---|---|
| 492 NW 165th St Rd Apt C415 | condos | 2 | 2 | 1,036 | $199,000 | — |
| 496 NW 165th St Rd Apt D409 | condos | 2 | 2 | 1,175 | $160,000 | — |
| 15600 NW 7th Ave Apt 303 | condos | 2 | 2 | 1,087 | $169,000 | — |
| condos | 2 | 2 | 1,175 | $140,000 | — | |
| 486 NW 165th St Rd Apt B606 | condos | 2 | 2 | 1,175 | $159,000 | — |
| 484 NW 165th St Rd Apt A109 | condos | 2 | 2 | 1,175 | $130,000 | — |
| 482 NW 165th St Rd Apt A201 | condos | 2 | 2 | 1,036 | $175,000 | — |
| 496 NW 165th St Rd Apt D616 | condos | 2 | 2 | 1,036 | $180,000 | — |
10-year hold projection
IRR-8.4%
Equity multiple-0.42x
Total return (10yr)-$224,515
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,030,000 | -$5,598 | -$68,520 | $791,326 | $238,674 |
| 2 | $1,060,900 | -$5,625 | -$68,578 | $782,057 | $278,843 |
| 3 | $1,092,727 | -$5,649 | -$68,633 | $772,151 | $320,576 |
| 4 | $1,125,509 | -$5,670 | -$68,687 | $761,564 | $363,944 |
| 5 | $1,159,274 | -$5,688 | -$68,738 | $750,251 | $409,023 |
| 6 | $1,194,052 | -$5,703 | -$68,787 | $738,161 | $455,891 |
| 7 | $1,229,874 | -$5,714 | -$68,833 | $725,241 | $504,633 |
| 8 | $1,266,770 | -$5,722 | -$68,876 | $711,433 | $555,337 |
| 9 | $1,304,773 | -$5,726 | -$68,917 | $696,677 | $608,096 |
| 10 | $1,343,916 | -$5,726 | -$68,954 | $680,908 | $663,008 |
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.