1180 Starling Ave

Miami Springs, FL 33166 · single_family · Pending — under contract · 30 days on market
Asking price$815,000
3 beds 2 baths 2,004 sqft
View on Realtor.com →
Listed by Roylan valdivia · United Realty Group Inc
Typesingle_family
Built1966
Price / sqft$407
Est. value (own analysis)$975,182
Rent estimate (own analysis)$5,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-03
Removed date
MLSMiamiMLS #A12040918
Coordinates25.83683, -80.30357
Address1180 Starling Ave
CityMiami Springs
StateFL
Zip33166
Listing ID5782501157
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$815,000
Down payment (20.0%)$163,000
Loan amount$652,000
Closing costs (5.0%)$40,750
Total cash to close$203,750
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)$1,290$15,485
Insurance (placeholder 0.8% of price)$543$6,520
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$250$3,000
Total operating expenses$2,084$25,005
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$55,200
Total operating expenses derived$25,005

$55,200 − $25,005 = $30,195

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$652,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$652,000 amortized at 6.7% over 30 years = $4,190/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$30,195
Annual debt service derived$50,279
Annual CapEx reserve assumption$3,000
Annual PMI assumption$0

($30,195 − $50,279 − $3,000 − $0) ÷ 12 = -$1,924

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$30,195
Purchase price data$815,000

$30,195 ÷ $815,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$23,084
Total cash to close derived$203,750

-$23,084 ÷ $203,750 = -11.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$30,195
Annual debt service derived$50,279

$30,195 ÷ $50,279 = 0.60

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$815,000

($60,000 ÷ 12) ÷ $815,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$815,000
Gross scheduled rent (annual) comp$60,000

$815,000 ÷ $60,000 = 13.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,005
Effective gross income derived$55,200

$25,005 ÷ $55,200 = 45.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,005
Annual debt service derived$50,279
Annual PMI assumption$0
Gross scheduled rent (annual) comp$60,000

($25,005 + $50,279 + $0) ÷ $60,000 = 125.5%

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

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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

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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

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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

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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

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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

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4535 NW 83rd Ave

Doral, 33166 · rent comp

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

Asking rent: $5,000

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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
1101 Starling Avesingle_family321,942$899,000
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

10-year hold projection

IRR2.7%
Equity multiple1.43x
Total return (10yr)$193,615
YearProperty valueNOICash flowLoan balanceEquity
1$839,450$30,195-$23,084$644,931$194,519
2$864,634$31,226-$22,128$637,376$227,257
3$890,573$32,291-$21,140$629,303$261,270
4$917,290$33,391-$20,119$620,675$296,615
5$944,808$34,527-$19,063$611,455$333,354
6$973,153$35,701-$17,972$601,601$371,551
7$1,002,347$36,914-$16,845$591,071$411,276
8$1,032,418$38,166-$15,679$579,818$452,600
9$1,063,390$39,460-$14,475$567,792$495,598
10$1,095,292$40,796-$13,230$554,940$540,352
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.