70 NW 77th St Apt 9

Miami, FL 33150 · condos · For Sale · 161 days on market
Asking price$123,900
1 beds 1 baths 551 sqft
Suggested offer$79,057$44,843 above the est. market value of $79,057.
View on Realtor.com →
Listed by Justino Ferret · United Realty Group Inc
Typecondos
Built1961
Price / sqft$225
Est. value (own analysis)$79,057
Rent estimate (own analysis)$1,700/mo
HOA$295/mo
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Neighborhood

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Statusfor_sale
Listed date2026-03-25
Removed date
MLSMiamiMLS #A11986835
Coordinates25.84507, -80.19818
Address70 NW 77th St Apt 9
CityMiami
StateFL
Zip33150
Listing ID5758882253
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33150)

Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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$123,900
Down payment (20.0%)$24,780
Loan amount$99,120
Closing costs (5.0%)$6,195
Total cash to close$30,975
Rent (comp-derived)$1,700$20,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$20,400
Vacancy rate (assumption) assumption8.0%

$20,400 × 8.0% = $1,632

Effective gross income$1,564$18,768
Property tax (placeholder 1.9% of price)$196$2,354
Insurance (placeholder 0.8% of price)$83$991
HOA dues$295$3,540
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$85$1,020
Total operating expenses$659$7,905
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$18,768
Total operating expenses derived$7,905

$18,768 − $7,905 = $10,863

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$99,120
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$99,120 amortized at 6.7% over 30 years = $637/mo

CapEx reserve (5.0% of GSR)$85$1,020
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$10,863
Annual debt service derived$7,644
Annual CapEx reserve assumption$1,020
Annual PMI assumption$0

($10,863 − $7,644 − $1,020 − $0) ÷ 12 = $183

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,863
Purchase price data$123,900

$10,863 ÷ $123,900 = 8.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$2,199
Total cash to close derived$30,975

$2,199 ÷ $30,975 = 7.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,863
Annual debt service derived$7,644

$10,863 ÷ $7,644 = 1.42

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$20,400
Purchase price data$123,900

($20,400 ÷ 12) ÷ $123,900 = 1.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$123,900
Gross scheduled rent (annual) comp$20,400

$123,900 ÷ $20,400 = 6.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$7,905
Effective gross income derived$18,768

$7,905 ÷ $18,768 = 42.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$7,905
Annual debt service derived$7,644
Annual PMI assumption$0
Gross scheduled rent (annual) comp$20,400

($7,905 + $7,644 + $0) ÷ $20,400 = 76.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11465$1,5002026-08-19
apartment11505$1,9002026-08-15
apartment11480$1,0002026-08-07
condos11550$1,7002026-08-05
apartment11600$1,8002026-07-09
apartment11542$1,7502026-07-08
apartment11592$1,9002026-07-08
apartment11520$1,6502026-07-02
apartment11589$1,3782026-06-25
apartment11505$1,7002026-06-22
apartment11650$1,6502026-06-17
condos11465$1,7992026-06-17
apartment11550$1,5002026-06-05
apartment11650$1,8752026-06-04
apartment11550$1,6002026-05-18
apartment11550$1,9002026-09-02
condos11551$1,5002026-08-04
apartment11505$1,3002026-07-28
apartment11700$1,4992026-04-06
apartment11600$1,9002026-04-22
apartment11600$1,8002026-04-06
apartment11462$1,7002026-03-17
apartment11480$1,000

301 NW 84th St Unit 301

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage465
Listed2026-08-19
Days on market

Asking rent: $1,500

View on Zillow →

127 NW 74th St Apt 2

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-08-15
Days on market

Asking rent: $1,900

View on Zillow →

844 NW 70th St Unit 844-03

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage480
Listed2026-08-07
Days on market

Asking rent: $1,000

View on Zillow →

8329 NW 5th Ave Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-08-05
Days on market

Asking rent: $1,700

View on Zillow →

46 NW 62nd St Apt 4

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-07-09
Days on market

Asking rent: $1,800

View on Zillow →

101 NW 74th St Apt 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage542
Listed2026-07-08
Days on market

Asking rent: $1,750

View on Zillow →

510 NW 90th St

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage592
Listed2026-07-08
Days on market

Asking rent: $1,900

View on Zillow →

60 NW 79th St Apt 27

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage520
Listed2026-07-02
Days on market

Asking rent: $1,650

View on Zillow →

7901 NW 7th Ave Apt 1102

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage589
Listed2026-06-25
Days on market

Asking rent: $1,378

View on Zillow →

127 NW 74th St Apt 3

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-06-22
Days on market

Asking rent: $1,700

View on Zillow →

10 NW 77th St Apt 2

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed2026-06-17
Days on market

Asking rent: $1,650

View on Zillow →

300 NW 84th Ter Unit 300

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage465
Listed2026-06-17
Days on market

Asking rent: $1,799

View on Zillow →

156 NW 62nd St Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-06-05
Days on market

Asking rent: $1,500

View on Zillow →

190 NW 69th St Apt 8

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed2026-06-04
Days on market

Asking rent: $1,875

View on Zillow →

60 NW 79th St Apt 6

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-05-18
Days on market

Asking rent: $1,600

View on Zillow →

6950 NW 8th Ave Apt 5

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-09-02
Days on market

Asking rent: $1,900

View on Zillow →

70 NW 77th St Apt 25

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage551
Listed2026-08-04
Days on market

Asking rent: $1,500

View on Zillow →

6901 NW 8th Ave Apt 5

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-07-28
Days on market

Asking rent: $1,300

View on Zillow →

1130 NW 62nd St Apt 15

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage700
Listed2026-04-06
Days on market

Asking rent: $1,499

View on Zillow →

54 NW 62nd St Apt 4

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-04-22
Days on market

Asking rent: $1,900

View on Zillow →

54 NW 62nd St Apt 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-04-06
Days on market

Asking rent: $1,800

View on Zillow →

60 NW 79th St Apt 10

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage462
Listed2026-03-17
Days on market

Asking rent: $1,700

View on Zillow →

844 NW 70th St # 844-0

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage480
Listed
Days on market

Asking rent: $1,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
457 NW 84th St Unit 457condos321,150$165,0002026-05-22
8301 NW 5th Ave Unit 8301condos421,410$170,0002026-04-10
8459 NW 4th Ct Unit 8459condos21930$202,9502025-12-05
429 NW 83rd St Unit 429condos431,660$223,8002025-10-06
8448 NW 4 Unit 8448condos21930$205,0002025-10-06

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
8044 NW 1st Plmulti_family121,531$815,000
300 NW 84th Ter Unit 300condos11465$180,000
71 NW 76th St Apt 16condos11568$148,000
6960 NW 4th Ave Apt 3condo_townhome_rowhome_coop11690$198,000
70 NW 77th St Apt 11condos11551$150,000
71 NW 76th St Apt 5condos11551$130,000

10-year hold projection

IRR16.9%
Equity multiple3.58x
Total return (10yr)$96,090
YearProperty valueNOICash flowLoan balanceEquity
1$127,617$10,863$2,199$98,045$29,572
2$131,446$11,228$2,539$96,897$34,549
3$135,389$11,605$2,890$95,670$39,719
4$139,451$11,995$3,253$94,358$45,093
5$143,634$12,398$3,628$92,956$50,678
6$147,943$12,813$4,015$91,458$56,485
7$152,381$13,242$4,416$89,858$62,524
8$156,953$13,685$4,829$88,147$68,806
9$161,661$14,143$5,256$86,319$75,343
10$166,511$14,615$5,698$84,365$82,146
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.