1335 NW 129th St
North Miami, FL 33167 · single_family · Pending — under contract · 147 days on market
Asking price$610,000
5 beds 3 baths 1,995 sqft
Suggested offer$579,707$30,293 above the est. market value of $579,707.
View on Realtor.com →Listed by Margarita Diaz · Miami New Realty
Typesingle_family
Built1952
Price / sqft$306
Est. value (own analysis)$579,707
Rent estimate (own analysis)$4,500/mo
HOANone
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Statusfor_sale
Listed date2026-04-08
Removed date—
MLSMiamiMLS #A11997290
Coordinates25.89266, -80.22183
Address1335 NW 129th St
CityNorth Miami
StateFL
Zip33167
Listing ID5985190618
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33167)
Typical home value (ZHVI)$471,366
Typical rent (ZORI)$2,813/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $610,000 |
| Down payment (20.0%) | $122,000 |
| Loan amount | $488,000 |
| Closing costs (5.0%) | $30,500 |
| Total cash to close | $152,500 |
| Income | |
| Rent (comp-derived) | $4,500$54,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,140$49,680 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $966$11,590 |
| Insurance (placeholder 0.8% of price) | $407$4,880 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $225$2,700 |
| Total operating expenses | $1,598$19,170 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $225$2,700 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 2 | 1,519 | $5,000 | 2025-09-13 | — | |
| single_family | 5 | 2 | 1,600 | $4,000 | 2026-08-14 | — | |
| single_family | 5 | 3 | 1,525 | $3,700 | 2026-07-02 | — | |
| single_family | 5 | 4 | 1,979 | $6,000 | 2026-05-04 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2020 NW 107th St | single_family | 5 | 2 | 2,006 | $685,000 | 2026-06-12 |
| 11201 NW 15th Ct | single_family | 5 | 3 | 4,028 | $552,000 | 2026-04-16 |
| 2175 NW 111th St | single_family | 5 | 5 | 2,754 | $768,000 | 2025-12-05 |
| 2453 NW 131st Cir | single_family | 5 | 3 | 2,233 | $675,000 | 2025-10-31 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2450 NW 108th St | single_family | 5 | 3 | 3,316 | $799,999 | — |
| 11715 NW 22nd Ct | multi_family | 5 | 3 | 2,266 | $785,000 | — |
| single_family | 5 | 5 | 2,166 | $1,075,000 | — | |
| 2439 NW 131st Cir | single_family | 5 | 3 | 2,233 | $665,000 | — |
| 14855 NW 16th Dr | single_family | 5 | 3 | — | $750,000 | — |
| 2357 NW 130th St | single_family | 5 | 3 | 2,233 | $615,000 | — |
| 14321 NW 16th Ct | single_family | 5 | 5 | 1,632 | $695,000 | — |
10-year hold projection
IRR6.2%
Equity multiple1.99x
Total return (10yr)$230,620
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $628,300 | $30,510 | -$9,822 | $482,709 | $145,591 |
| 2 | $647,149 | $31,521 | -$8,879 | $477,055 | $170,094 |
| 3 | $666,563 | $32,565 | -$7,904 | $471,012 | $195,551 |
| 4 | $686,560 | $33,643 | -$6,897 | $464,554 | $222,006 |
| 5 | $707,157 | $34,755 | -$5,857 | $457,653 | $249,504 |
| 6 | $728,372 | $35,904 | -$4,783 | $450,278 | $278,093 |
| 7 | $750,223 | $37,089 | -$3,674 | $442,397 | $307,826 |
| 8 | $772,730 | $38,313 | -$2,529 | $433,974 | $338,755 |
| 9 | $795,912 | $39,576 | -$1,346 | $424,973 | $370,938 |
| 10 | $819,789 | $40,880 | -$124 | $415,354 | $404,435 |
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.