8478 NW 52nd St

Doral, FL 33166 · condos · For Sale · 70 days on market
Asking price$990,000
5 beds 4 baths 2,696 sqft
Suggested offer$925,098$64,902 above the est. market value of $925,098.
View on Realtor.com →
Listed by Jermaine Harris · Colfax Realty International Inc
Typecondos
Built2015
Price / sqft$367
Est. value (own analysis)$925,098
Rent estimate (Zillow ZIP avg)$2,899/mo
HOA$460/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-24
Removed date
MLSMiamiMLS #A12041329
Coordinates25.81784, -80.33549
Address8478 NW 52nd St
CityDoral
StateFL
Zip33166
Listing ID5968202115
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$990,000
Down payment (20.0%)$198,000
Loan amount$792,000
Closing costs (5.0%)$49,500
Total cash to close$247,500
Rent (ZIP avg, ZORI — not bedroom-specific)$2,899$34,789
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$34,789
Vacancy rate (assumption) assumption8.0%

$34,789 × 8.0% = $2,783

Effective gross income$2,667$32,006
Property tax (placeholder 1.9% of price)$1,568$18,810
Insurance (placeholder 0.8% of price)$660$7,920
HOA dues$460$5,520
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$145$1,739
Total operating expenses$2,832$33,989
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,006
Total operating expenses derived$33,989

$32,006 − $33,989 = -$1,983

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$792,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$792,000 amortized at 6.7% over 30 years = $5,090/mo

CapEx reserve (5.0% of GSR)$145$1,739
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-$1,983
Annual debt service derived$61,075
Annual CapEx reserve assumption$1,739
Annual PMI assumption$0

(-$1,983 − $61,075 − $1,739 − $0) ÷ 12 = -$5,400

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$1,983
Purchase price data$990,000

-$1,983 ÷ $990,000 = -0.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$64,798
Total cash to close derived$247,500

-$64,798 ÷ $247,500 = -26.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$1,983
Annual debt service derived$61,075

-$1,983 ÷ $61,075 = -0.03

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$34,789
Purchase price data$990,000

($34,789 ÷ 12) ÷ $990,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$990,000
Gross scheduled rent (annual) comp$34,789

$990,000 ÷ $34,789 = 28.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$33,989
Effective gross income derived$32,006

$33,989 ÷ $32,006 = 106.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$33,989
Annual debt service derived$61,075
Annual PMI assumption$0
Gross scheduled rent (annual) comp$34,789

($33,989 + $61,075 + $0) ÷ $34,789 = 273.3%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
5201 NW Geneva Way Unit 103condos221,040$295,0002026-08-28
5350 NW 84th Ave Unit 1604condos221,016$562,0002026-08-28
8205 Lake Dr Unit 204condos11810$220,0002026-08-25
8245 Lake Dr Apt 405condos221,197$305,0002026-08-24
5252 NW 85th Ave Apt 511condos221,097$518,0002026-08-20
5252 NW 85th Ave Apt 1005condos11688$350,0002026-08-17
8290 Lake Dr Apt 143condos221,036$250,0002026-08-14
5252 NW 85th Ave Ph 2004condos321,434$795,0002026-08-11
4910 NW 79th Ave Apt 108condos11810$260,0002026-08-07
709 Curtiss Pkwy Apt 20condos221,020$350,0002026-07-24
5252 NW 85th Ave Apt 1601condos221,067$540,0002026-07-20
8001 NW 41st St Unit F202condos321,124$485,0002026-07-15
5252 NW 85th Ave Apt 706condos11777$420,0002026-07-13
8323 Lake Dr Apt 506condos11810$205,0002026-07-09
709 Curtiss Pkwy Apt 23condos221,020$300,0002026-07-02
8005 Lake Dr Apt 201condos11770$230,0002026-06-25
4725 NW 85th Ave Unit 38condos321,129$485,0002026-06-24
5252 NW 85th Ave Apt 911condos221,097$525,0002026-06-22
8180 Geneva Ct Apt 419condos11710$205,0002026-06-17
4180 NW 79th Ave Apt 1Dcondos221,060$279,0002026-06-12
8255 Lake Dr Apt 206condos221,197$280,0002026-06-11
5252 NW 85th Ave Apt 1910condos221,052$550,0002026-06-05
8017 Lake Dr Apt 103condos22824$299,9002026-06-05
5300 NW 85th Ave Apt 1701condos221,073$525,0002026-06-01
5350 NW 84th Ave Unit 1804condos221,016$605,0002026-06-01
4200 NW 79th Ave Apt 2Acondos221,060$292,0002026-05-29
5350 NW 84th Ave Unit 601condos331,381$650,0002026-05-28
8027 Lake Dr Apt 201condos22857$310,0002026-05-27
8265 NW 41st St Apt 402condos11738$320,0002026-05-27
8265 NW 41st St Apt 304condos321,124$420,0002026-05-21
4530 NW 79th Ave Apt 2Acondos221,060$260,0002026-05-15
5231 Geneva Way Apt 205condos221,061$232,5002026-05-08
4810 NW 79th Ave Apt 108condos11810$240,0002026-05-07
685 Miller Dr Apt 404Econdos22$225,0002026-05-05
8215 Lake Dr Unit 201condos12810$210,0002026-04-22
8005 Lake Dr Apt 408condos11770$227,5002026-04-22
701 S Royal Poinciana Blvd Apt 13condos11619$180,0002026-04-14
4804 NW 79th Ave Apt 201condos11810$215,0002026-04-10
5350 NW 84th Ave Unit 2004condos221,017$590,0002026-04-06
8353 Lake Dr Apt 104condos11810$190,0002026-04-06
4350 NW 79th Ave Apt 1Bcondos221,060$285,0002026-04-02
8225 Lake Dr Apt 101condos11810$265,0002026-03-31
8363 NW 41st St Apt 406condos321,334$500,0002026-03-31
5252 NW 85th Ave Apt 803condos22950$450,0002026-03-30
8363 NW 41st St Unit A109condos431,506$600,0002026-03-27
5300 Paseo Blvd Unit 1202condos321,333$750,0002026-03-24
5731 NW 37th St Apt 322condos12771$190,0002026-03-24
8265 NW 41st St Unit C307condos11738$333,0002026-03-12
309 S Royal Poinciana Blvd Apt 304condos221,053$295,0002026-02-26
4740 NW 84th Ct Unit 42condos321,129$440,0002026-02-25

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
580 Lee Drsingle_family53$1,200,000
588 Miller Drsingle_family543,051$2,200,000
69 S Royal Poinciana Blvdsingle_family533,062$1,500,000
409 DE Leon Drsingle_family55$3,967,000
550 Cardinal Stsingle_family522,205$999,000

10-year hold projection

IRR-7.5%
Equity multiple-0.27x
Total return (10yr)-$185,746
YearProperty valueNOICash flowLoan balanceEquity
1$1,019,700-$1,983-$64,798$783,413$236,287
2$1,050,291-$1,873-$64,731$774,236$276,055
3$1,081,800-$1,755-$64,658$764,429$317,371
4$1,114,254-$1,629-$64,578$753,949$360,305
5$1,147,681-$1,495-$64,490$742,749$404,933
6$1,182,112-$1,352-$64,396$730,779$451,332
7$1,217,575-$1,200-$64,293$717,988$499,587
8$1,254,102-$1,039-$64,182$704,319$549,784
9$1,291,725-$869-$64,063$689,710$602,015
10$1,330,477-$688-$63,935$674,099$656,378
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.