6741 NW 6th Ct

Miami, FL 33150 · multi_family · For Sale · 126 days on market
Asking price$539,000
4 beds 3 baths 2,085 sqft
View on Realtor.com →
Listed by Juan Arreaza Bustamante · Certezza Realty Llc
Typemulti_family
Built1946
Price / sqft$259
Est. value (own analysis)$833,371
Rent estimate (building total, own analysis)$4,533/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-29
Removed date
MLSMiamiMLS #A12009297
Coordinates25.83675, -80.20770
Address6741 NW 6th Ct
CityMiami
StateFL
Zip33150
Listing ID5800310609
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$539,000
Down payment (20.0%)$107,800
Loan amount$431,200
Closing costs (5.0%)$26,950
Total cash to close$134,750
Rent (estimate)$4,533$54,391
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$54,391
Vacancy rate (assumption) assumption8.0%

$54,391 × 8.0% = $4,351

Effective gross income$4,170$50,040
Property tax (placeholder 1.9% of price)$853$10,241
Insurance (placeholder 0.8% of price)$359$4,312
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$227$2,720
Total operating expenses$1,439$17,273
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$50,040
Total operating expenses derived$17,273

$50,040 − $17,273 = $32,767

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$431,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$431,200 amortized at 6.7% over 30 years = $2,771/mo

CapEx reserve (5.0% of GSR)$227$2,720
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$32,767
Annual debt service derived$33,252
Annual CapEx reserve assumption$2,720
Annual PMI assumption$0

($32,767 − $33,252 − $2,720 − $0) ÷ 12 = -$267

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$32,767
Purchase price data$539,000

$32,767 ÷ $539,000 = 6.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$3,204
Total cash to close derived$134,750

-$3,204 ÷ $134,750 = -2.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$32,767
Annual debt service derived$33,252

$32,767 ÷ $33,252 = 0.99

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$54,391
Purchase price data$539,000

($54,391 ÷ 12) ÷ $539,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$539,000
Gross scheduled rent (annual) comp$54,391

$539,000 ÷ $54,391 = 9.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,273
Effective gross income derived$50,040

$17,273 ÷ $50,040 = 34.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,273
Annual debt service derived$33,252
Annual PMI assumption$0
Gross scheduled rent (annual) comp$54,391

($17,273 + $33,252 + $0) ÷ $54,391 = 92.9%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
multi_family421,686$3,4002026-08-24

3147 McDonald St # 2

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,686
Listed2026-08-24
Days on market

Asking rent: $3,400

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
6810 NW 2nd Ctmulti_family422,102$590,0002026-08-07
15 NW 70th Stmulti_family421,555$510,0002026-06-16
50 NW 71st St Apt 4multi_family441,600$740,0002026-06-02
1064 NW 103rd Stmulti_family431,792$570,0002026-06-02
6720 NW 4th Avemulti_family411,320$537,5002026-03-11
1052 NW 103rd Stmulti_family421,740$580,0002026-03-11
244 NW 73rd Termulti_family432,105$969,0002026-02-11
6844 NW 5th Avemulti_family421,400$565,0002025-12-02
9162284355multi_family421,326$530,0002025-09-08

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
414 NW 84th Ter Unit 414townhomes421,410$248,000
460 NW 82nd Tersingle_family431,738$579,000
948 NW 84th Tersingle_family421,360$550,000
7770 NW 9th Avemulti_family421,342$560,000
8454 NW 4th Ave Unit 8454condos431,660$300,000
8440 NW 4th Ave Unit 8440condos431,660$300,000
836 NW 98th Stmulti_family421,482$599,000
578 NW 97th Stsingle_family421,368$530,000

10-year hold projection

IRR9.3%
Equity multiple2.46x
Total return (10yr)$266,713
YearProperty valueNOICash flowLoan balanceEquity
1$555,170$32,767-$3,204$426,525$128,645
2$571,825$33,837-$2,203$421,529$150,297
3$588,980$34,940-$1,169$416,189$172,791
4$606,649$36,079-$101$410,483$196,166
5$624,849$37,255$1,001$404,385$220,463
6$643,594$38,468$2,139$397,869$245,725
7$662,902$39,720$3,314$390,905$271,997
8$682,789$41,011$4,526$383,462$299,327
9$703,273$42,344$5,779$375,509$327,764
10$724,371$43,720$7,071$367,009$357,362
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.