661 NE 164th Ter
Miami, FL 33162 · single_family · For Sale · 19 days on market
Asking price$580,000
3 beds 3 baths 1,440 sqft
Listed by Jose Antonio Gonzalez · Miami New Realty
Typesingle_family
Built1948
Price / sqft$403
Est. value (own analysis)$601,042
Rent estimate (own analysis)$3,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12071404
Coordinates25.92652, -80.18675
Address661 NE 164th Ter
CityMiami
StateFL
Zip33162
Listing ID6003454079
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33162)
Typical home value (ZHVI)$472,330
Typical rent (ZORI)$2,262/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 | $580,000 |
| Down payment (20.0%) | $116,000 |
| Loan amount | $464,000 |
| Closing costs (5.0%) | $29,000 |
| Total cash to close | $145,000 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $918$11,020 |
| Insurance (est. scaled by flood & wind risk) | $619$7,424 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $1,712$20,544 |
| 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) | $175$2,100 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,051 | $3,500 | 2026-08-18 | — | |
| single_family | 3 | 2 | 1,207 | $3,600 | 2026-07-22 | — | |
| single_family | 3 | 2 | 1,400 | $3,250 | 2026-07-12 | — | |
| single_family | 3 | 2 | 1,608 | $4,400 | 2026-06-17 | — | |
| single_family | 3 | 2 | 1,710 | $4,500 | 2026-06-14 | — | |
| single_family | 3 | 2 | 1,937 | $6,500 | 2026-06-01 | — | |
| single_family | 3 | 2 | 1,372 | $3,370 | 2025-10-16 | — | |
| single_family | 3 | 3 | 1,250 | $3,400 | — | — | |
| single_family | 3 | 2 | 1,700 | $3,400 | 2026-08-28 | — | |
| single_family | 3 | 2 | 1,400 | $3,200 | 2022-08-26 | — | |
| single_family | 3 | 2 | 1,228 | $3,475 | 2026-08-19 | — | |
| single_family | 3 | 2 | 1,114 | $2,595 | — | — | |
| single_family | 3 | 2 | 1,184 | $4,000 | 2026-08-18 | — | |
| single_family | 3 | 2 | 1,294 | $3,750 | 2026-08-24 | — | |
| single_family | 3 | 2 | 1,175 | $3,200 | 2026-08-23 | — | |
| single_family | 3 | 2 | 1,130 | $3,300 | 2026-06-17 | — | |
| single_family | 3 | 2 | 1,076 | $3,495 | 2026-07-23 | — | |
| single_family | 3 | 2 | 1,280 | $3,600 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,110 | $3,500 | 2026-07-25 | — | |
| single_family | 3 | 1 | 1,191 | $2,600 | 2026-06-24 | — | |
| single_family | 3 | 2 | 1,166 | $3,500 | 2026-06-24 | — | |
| single_family | 3 | 2 | 1,556 | $4,099 | 2026-05-21 | — | |
| single_family | 3 | 1 | 1,316 | $2,895 | 2026-07-24 | — | |
| single_family | 3 | 1 | 1,316 | $4,000 | 2026-07-26 | — | |
| single_family | 3 | 2 | 1,690 | $4,200 | 2026-07-16 | — | |
| single_family | 3 | 2 | 1,300 | $3,500 | — | — | |
| single_family | 3 | 3 | 1,499 | $3,500 | — | — | |
| single_family | 3 | 2 | 1,450 | $3,400 | — | — | |
| single_family | 3 | 2 | 1,031 | $2,950 | — | — |
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 |
|---|---|---|---|---|---|---|
| 1801 NE 176th St | single_family | 3 | 2 | 1,276 | $450,000 | 2026-09-01 |
| 785 NE 155th St | single_family | 3 | 2 | 2,741 | $580,000 | 2026-08-31 |
| 2174 NE 182nd St | single_family | 3 | 2 | 1,514 | $465,000 | 2026-08-28 |
| 1440 NE 174th St | single_family | 3 | 3 | 1,327 | $560,000 | 2026-08-25 |
| 300 NE 175th St | single_family | 3 | 2 | 1,074 | $655,000 | 2026-08-25 |
| 16500 NE 5th Ave | single_family | 3 | 1 | 1,650 | $400,000 | 2026-08-21 |
| 130 NE 152nd St | single_family | 3 | 2 | 2,632 | $625,000 | 2026-08-14 |
| 630 NE 165th St | single_family | 3 | 2 | 1,940 | $590,000 | 2026-08-11 |
| 1232 NE 181st St | single_family | 3 | 3 | 1,056 | $505,000 | 2026-08-11 |
| 16049 NE 9th Pl | single_family | 3 | 1 | 1,050 | $465,000 | 2026-08-06 |
| 17805 NE 7th Ct | single_family | 3 | 2 | 1,260 | $604,770 | 2026-08-05 |
| 280 NE 173rd St | single_family | 3 | 2 | 1,027 | $475,000 | 2026-08-04 |
| 479 NE 151st St | single_family | 3 | 1 | 1,195 | $400,000 | 2026-08-03 |
| 921 NE 159th St | single_family | 3 | 2 | 1,094 | $405,000 | 2026-08-03 |
| 1498 NE 180th St | single_family | 3 | 1 | 1,276 | $360,000 | 2026-07-31 |
| 1990 NE 181st St | single_family | 3 | 1 | 1,012 | $475,000 | 2026-07-30 |
| 550 NE 173rd St | single_family | 3 | 2 | 1,586 | $630,000 | 2026-07-29 |
| 840 NE 179th Ter | single_family | 3 | 2 | 1,817 | $750,000 | 2026-07-27 |
| 266 NE 162nd St | single_family | 3 | 2 | 1,014 | $540,000 | 2026-07-22 |
| 1674 NE 169th St | single_family | 3 | 2 | 1,100 | $560,000 | 2026-07-21 |
| 860 NE 171st Ter | single_family | 3 | 2 | 1,475 | $500,000 | 2026-07-20 |
| 1829 NE 176th St | single_family | 3 | 1 | 1,360 | $650,000 | 2026-07-15 |
| 865 NE 174th St | single_family | 3 | 2 | 1,448 | $840,000 | 2026-07-14 |
| 55 NE 171st Ter | single_family | 3 | 1 | 1,345 | $245,000 | 2026-07-08 |
| 990 NE 159th St | single_family | 3 | 1 | 1,256 | $400,000 | 2026-07-06 |
| 640 NE 160th St | single_family | 3 | 2 | 1,462 | $480,000 | 2026-07-02 |
| 1025 NE 171st Ter | single_family | 3 | 2 | 1,482 | $770,000 | 2026-06-30 |
| 18140 S Glades Dr | single_family | 3 | 2 | 1,460 | $1,400,000 | 2026-06-30 |
| 1263 NE 182nd St | single_family | 3 | 2 | 880 | $525,000 | 2026-06-26 |
| 261 NE 172nd St | single_family | 3 | 2 | 1,640 | $450,000 | 2026-06-25 |
| 17020 NE 11th Ave | single_family | 3 | 2 | 1,414 | $927,000 | 2026-06-24 |
| 870 NE 174th St | single_family | 3 | 2 | 1,458 | $1,150,000 | 2026-06-23 |
| 1022 NE 176th Ter | single_family | 3 | 2 | 1,460 | $850,000 | 2026-06-22 |
| 1675 NE 160th St | single_family | 3 | 2 | 1,150 | $455,000 | 2026-06-18 |
| 450 NE 155th Ter | single_family | 3 | 2 | 1,204 | $535,000 | 2026-06-17 |
| 850 NE 172nd Ter | single_family | 3 | 2 | 1,278 | $805,000 | 2026-06-16 |
| 1565 NE 153rd Ter | single_family | 3 | 1 | 900 | $380,000 | 2026-06-16 |
| 2132 NE 171st St | single_family | 3 | 3 | 2,022 | $530,000 | 2026-06-15 |
| 370 NE 165th St | single_family | 3 | 2 | 1,469 | $400,000 | 2026-06-15 |
| 1323 NE 182nd St | single_family | 3 | 1 | 1,056 | $580,000 | 2026-06-12 |
| 110 NE 171st St | single_family | 3 | 2 | 1,248 | $500,000 | 2026-06-12 |
| 1205 NE 176th St | single_family | 3 | 2 | 1,691 | $1,119,000 | 2026-06-11 |
| 1395 NE 177th St | single_family | 3 | 1 | 1,458 | $560,000 | 2026-06-11 |
| 1070 NE 174th St | single_family | 3 | 2 | 1,414 | $975,000 | 2026-06-10 |
| 1535 NE 154th Ter | single_family | 3 | 2 | 1,160 | $13,851,000 | 2026-06-10 |
| 850 NE 173rd Ter | single_family | 3 | 2 | 1,756 | $766,000 | 2026-06-05 |
| 1050 NE 153rd Ter | single_family | 3 | 3 | 1,656 | $490,000 | 2026-06-03 |
| 1410 NE 161st St | single_family | 3 | 2 | 1,340 | $417,000 | 2026-05-29 |
| 285 NE 165th St | single_family | 3 | 2 | 1,380 | $405,000 | 2026-05-22 |
| 17590 NE 19th Ave | single_family | 3 | 1 | 1,316 | $380,000 | 2026-05-22 |
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 |
|---|---|---|---|---|---|---|
| 16010 NE 5th Ave | single_family | 3 | 2 | 1,904 | $650,000 | — |
| 2040 NE 163rd St Ph 2501 | condos | 3 | 3 | 1,412 | $1,492,500 | — |
| 665 NE 173rd Ter | single_family | 3 | 2 | 1,592 | $1,450,000 | — |
| 320 NE 160th St | single_family | 3 | 3 | 2,010 | $699,000 | — |
| 15260 NE 2nd Ave | single_family | 3 | 2 | 1,682 | $749,999 | — |
| 15115 NE 6th Ave Unit 32 | townhomes | 3 | 3 | 1,620 | $235,000 | — |
| 16225 NE 2nd Ave | single_family | 3 | 2 | 1,176 | $379,000 | — |
| single_family | 3 | 2 | 1,427 | $650,000 | — |
10-year hold projection
IRR1.0%
Equity multiple1.17x
Total return (10yr)$100,005
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $597,400 | $18,096 | -$19,785 | $458,969 | $138,431 |
| 2 | $615,322 | $18,742 | -$19,192 | $453,593 | $161,729 |
| 3 | $633,782 | $19,409 | -$18,579 | $447,847 | $185,934 |
| 4 | $652,795 | $20,099 | -$17,944 | $441,707 | $211,088 |
| 5 | $672,379 | $20,813 | -$17,287 | $435,146 | $237,233 |
| 6 | $692,550 | $21,551 | -$16,607 | $428,133 | $264,417 |
| 7 | $713,327 | $22,313 | -$15,903 | $420,640 | $292,687 |
| 8 | $734,727 | $23,102 | -$15,176 | $412,631 | $322,095 |
| 9 | $756,768 | $23,917 | -$14,423 | $404,073 | $352,696 |
| 10 | $779,472 | $24,760 | -$13,644 | $394,927 | $384,545 |
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.