1101 Starling Ave

Miami Springs, FL 33166 · single_family · For Sale · 21 days on market
Asking price$899,000
3 beds 2 baths 1,942 sqft
View on Realtor.com →
Listed by Carlos Fox · United Real Estate Advisors
Typesingle_family
Built1965
Price / sqft$463
Est. value (own analysis)$945,012
Rent estimate (own analysis)$5,000/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-12
Removed date
MLSMiamiMLS #A12067250
Coordinates25.83735, -80.30220
Address1101 Starling Ave
CityMiami Springs
StateFL
Zip33166
Listing ID5774265383
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33166)

Typical home value (ZHVI)$610,998
Typical rent (ZORI)$2,899/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$899,000
Down payment (20.0%)$179,800
Loan amount$719,200
Closing costs (5.0%)$44,950
Total cash to close$224,750
Rent (comp-derived)$5,000$60,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$60,000
Vacancy rate (assumption) assumption8.0%

$60,000 × 8.0% = $4,800

Effective gross income$4,600$55,200
Property tax (placeholder 1.9% of price)$1,423$17,081
Insurance (est. scaled by flood & wind risk)$959$11,507
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$250$3,000
Total operating expenses$2,632$31,588
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$55,200
Total operating expenses derived$31,588

$55,200 − $31,588 = $23,612

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$719,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$719,200 amortized at 6.7% over 30 years = $4,622/mo

CapEx reserve (5.0% of GSR)$250$3,000
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$23,612
Annual debt service derived$55,461
Annual CapEx reserve assumption$3,000
Annual PMI assumption$0

($23,612 − $55,461 − $3,000 − $0) ÷ 12 = -$2,904

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$23,612
Purchase price data$899,000

$23,612 ÷ $899,000 = 2.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$34,849
Total cash to close derived$224,750

-$34,849 ÷ $224,750 = -15.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$23,612
Annual debt service derived$55,461

$23,612 ÷ $55,461 = 0.43

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$60,000
Purchase price data$899,000

($60,000 ÷ 12) ÷ $899,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$899,000
Gross scheduled rent (annual) comp$60,000

$899,000 ÷ $60,000 = 15.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$31,588
Effective gross income derived$55,200

$31,588 ÷ $55,200 = 57.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$31,588
Annual debt service derived$55,461
Annual PMI assumption$0
Gross scheduled rent (annual) comp$60,000

($31,588 + $55,461 + $0) ÷ $60,000 = 145.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,462$3,6002026-08-20
single_family322,343$3,7002026-03-10
single_family321,394$3,9002026-08-26
single_family331,743$5,3002026-08-26
single_family311,611$2,8002026-07-10
single_family342,176$5,9002026-08-06
single_family321,475$4,7972026-03-29
single_family322,012$5,0502026-07-20
single_family332,158$6,5502026-07-14
single_family321,967$6,0002026-08-19
single_family332,158$5,5002026-06-17
single_family342,116$5,000
single_family342,116$5,000

633 Mokena Dr

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,462
Listed2026-08-20
Days on market

Asking rent: $3,600

View on Zillow →

6004 NW 38th St

Virginia Gardens, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,343
Listed2026-03-10
Days on market

Asking rent: $3,700

View on Zillow →

1340 Miami Springs Ave Unit O

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,394
Listed2026-08-26
Days on market

Asking rent: $3,900

View on Zillow →

72 Palmetto Dr Unit 0

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,743
Listed2026-08-26
Days on market

Asking rent: $5,300

View on Zillow →

7515 NW S River Dr Unit 7515

Medley, 33166 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,611
Listed2026-07-10
Days on market

Asking rent: $2,800

View on Zillow →

8217 NW 46th St

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,176
Listed2026-08-06
Days on market

Asking rent: $5,900

View on Zillow →

831 Plover Ave

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,475
Listed2026-03-29
Days on market

Asking rent: $4,797

View on Zillow →

550 Westward Dr Unit 0

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,012
Listed2026-07-20
Days on market

Asking rent: $5,050

View on Zillow →

4374 NW 81st Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,158
Listed2026-07-14
Days on market

Asking rent: $6,550

View on Zillow →

464 Minola Dr

Miami Springs, 33166 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,967
Listed2026-08-19
Days on market

Asking rent: $6,000

View on Zillow →

8185 NW 42nd St Unit 8185

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,158
Listed2026-06-17
Days on market

Asking rent: $5,500

View on Zillow →

4535 NW 83rd Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,116
Listed
Days on market

Asking rent: $5,000

View on Zillow →

4534 NW 83rd Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,116
Listed
Days on market

Asking rent: $5,000

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
831 Wren Avesingle_family321,416$750,0002026-08-21
501 Lawn Waysingle_family321,882$770,0002026-08-19
1161 Starling Avesingle_family322,005$890,0002026-08-17
10 S Melrose Drsingle_family322,165$815,0002026-08-10
3865 NW 57th Plsingle_family311,104$687,5002026-08-04
8253 NW 47th Lnsingle_family342,176$970,0002026-08-03
240 Nahkoda Drsingle_family321,279$701,0002026-07-31
260 Hibiscus Drsingle_family321,428$685,0002026-07-30
1490 Ludlam Drsingle_family321,789$775,0002026-07-24
550 Quail Avesingle_family321,578$805,0002026-07-22
4838 NW 83rd Pkwysingle_family331,604$667,5002026-07-20
8037 NW 46th Tersingle_family332,285$1,200,0002026-07-17
571 Raven Avesingle_family321,450$850,0002026-07-07
531 Forrest Drsingle_family321,084$630,0002026-07-06
1250 Wren Avesingle_family32990$630,0002026-07-02
281 Pocatella Stsingle_family321,409$795,0002026-07-01
400 Morningside Drsingle_family321,671$775,0002026-06-30
4392 NW 80th Avesingle_family332,158$1,072,0002026-06-26
851 Albatross Stsingle_family322,199$750,0002026-06-17
641 Nightingale Avesingle_family321,382$1,085,0002026-06-16
240 Lenape Drsingle_family331,939$989,0002026-06-16
8156 NW 43rd Stsingle_family332,158$1,015,0002026-06-12
1161 Nightingale Avesingle_family321,233$730,0002026-06-09
461 Plover Avesingle_family32942$670,0002026-06-09
550 Forrest Drsingle_family321,233$600,0002026-06-05
851 Bluebird Avesingle_family32$920,0002026-05-29
1620 Lenape Drsingle_family321,869$1,100,0002026-05-28
6200 NW 39th Tersingle_family31962$529,0002026-05-26
8304 NW 49th Stsingle_family352,366$860,0002026-05-18
30 Bentley Drsingle_family321,710$899,0002026-05-12
801 Oriole Avesingle_family321,755$800,0002026-05-08
429 Deer Runsingle_family332,875$1,260,0002026-05-05
564 DE Leon Drsingle_family331,873$875,0002026-05-04
1125 Dove Avesingle_family321,808$606,0002026-05-04
5870 NW 38th Stsingle_family321,288$683,0002026-04-28
625 Miller Drsingle_family321,100$810,0002026-04-17
296 Navajo Stsingle_family331,663$785,0002026-04-16
5804115403single_family321,816$700,0002026-04-10
510 Lee Drsingle_family321,179$550,0002026-04-06
358 Pine Ctsingle_family31918$635,0002026-04-01
8279 NW 43rd Stsingle_family342,182$1,127,0002026-03-30
339 Falcon Avesingle_family321,624$755,0002026-03-27
4757 NW 85th Avesingle_family342,257$1,125,0002026-03-23
17 N Melrose Drsingle_family321,547$599,0002026-03-19
4761 NW 85th Avesingle_family342,257$1,125,0002026-03-09
631 Curtiss Pkwysingle_family321,498$777,0002026-03-03
1030 Falcon Avesingle_family321,892$790,0002026-02-26
8272 Central Park Blvdsingle_family342,257$1,066,9002026-02-18
700 Rio Vista Drsingle_family321,752$738,0002026-02-13
17 Whitethorn Drsingle_family321,394$660,0002026-02-06

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
8201 NW 41st St Unit D203condos321,124$450,000
157 Lenape Drsingle_family311,058$665,000
701 Westward Drsingle_family332,200$899,999
240 Carlisle Drsingle_family311,417$749,900
430 Forrest Drsingle_family321,103$930,000
8166 NW 42nd Sttownhomes341,866$840,000
801 Albatross Stsingle_family321,320$850,000
881 Albatross Stsingle_family331,551$849,900

10-year hold projection

IRR-0.3%
Equity multiple0.95x
Total return (10yr)$106,932
YearProperty valueNOICash flowLoan balanceEquity
1$925,970$23,612-$34,849$711,402$214,568
2$953,749$24,478-$34,058$703,069$250,680
3$982,362$25,374-$33,239$694,164$288,198
4$1,011,832$26,301-$32,390$684,647$327,186
5$1,042,187$27,261-$31,512$674,476$367,711
6$1,073,453$28,253-$30,603$663,607$409,846
7$1,105,657$29,279-$29,661$651,992$453,665
8$1,138,826$30,341-$28,687$639,579$499,247
9$1,172,991$31,439-$27,678$626,314$546,677
10$1,208,181$32,574-$26,634$612,138$596,043
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.