6233 NW 170th Ter

Miami, FL 33015 · townhomes · For Sale · 64 days on market
Asking price$400,000
2 beds 2 baths 1,582 sqft
View on Realtor.com →
Listed by Yaquelin "Jackie" Vazquez · Pro Estate Realty LLC
Typetownhomes
Built1986
Price / sqft$253
Est. value (own analysis)$596,430
Rent estimate (own analysis)$2,600/mo
HOA$335/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-30
Removed date
MLSMiamiMLS #A12041416
Coordinates25.92865, -80.30308
Address6233 NW 170th Ter
CityMiami
StateFL
Zip33015
Listing ID6032868280
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33015)

Typical home value (ZHVI)$397,440
Typical rent (ZORI)$2,324/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$400,000
Down payment (20.0%)$80,000
Loan amount$320,000
Closing costs (5.0%)$20,000
Total cash to close$100,000
Rent (comp-derived)$2,600$31,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,200
Vacancy rate (assumption) assumption8.0%

$31,200 × 8.0% = $2,496

Effective gross income$2,392$28,704
Property tax (placeholder 1.9% of price)$633$7,600
Insurance (est. scaled by flood & wind risk)$400$4,800
HOA dues$335$4,020
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$130$1,560
Total operating expenses$1,498$17,980
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,704
Total operating expenses derived$17,980

$28,704 − $17,980 = $10,724

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$320,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$320,000 amortized at 6.7% over 30 years = $2,056/mo

CapEx reserve (5.0% of GSR)$130$1,560
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$10,724
Annual debt service derived$24,677
Annual CapEx reserve assumption$1,560
Annual PMI assumption$0

($10,724 − $24,677 − $1,560 − $0) ÷ 12 = -$1,293

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,724
Purchase price data$400,000

$10,724 ÷ $400,000 = 2.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,513
Total cash to close derived$100,000

-$15,513 ÷ $100,000 = -15.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,724
Annual debt service derived$24,677

$10,724 ÷ $24,677 = 0.43

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,200
Purchase price data$400,000

($31,200 ÷ 12) ÷ $400,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$400,000
Gross scheduled rent (annual) comp$31,200

$400,000 ÷ $31,200 = 12.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,980
Effective gross income derived$28,704

$17,980 ÷ $28,704 = 62.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,980
Annual debt service derived$24,677
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,200

($17,980 + $24,677 + $0) ÷ $31,200 = 136.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes221,032$2,6002026-08-03
townhomes231,150$2,8002026-08-26
townhomes221,150$2,4002026-08-11
townhomes231,150$2,4002026-08-11
townhomes231,241$2,6502026-08-25
townhomes221,665$3,5002026-07-13
townhomes231,350$2,4002026-01-26
townhomes231,350$2,5002025-10-13
townhomes231,316$2,8502026-08-27

6707 NW 193rd Ln Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,032
Listed2026-08-03
Days on market

Asking rent: $2,600

View on Zillow →

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-26
Days on market

Asking rent: $2,800

View on Zillow →

18125 NW 74th Ct Unit 18125

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7427 NW 181st Ter Unit 7427

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7055 NW 173rd Dr Apt 1503

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,241
Listed2026-08-25
Days on market

Asking rent: $2,650

View on Zillow →

7441 Bay Hill Dr

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,665
Listed2026-07-13
Days on market

Asking rent: $3,500

View on Zillow →

18520 NW 67th Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2026-01-26
Days on market

Asking rent: $2,400

View on Zillow →

17710 NW 73rd Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2025-10-13
Days on market

Asking rent: $2,500

View on Zillow →

8210 NW 191st Ln Unit 19L

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,316
Listed2026-08-27
Days on market

Asking rent: $2,850

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
19174 Bobolink Drtownhomes231,600$490,0002026-08-28
6725 NW 188th Tertownhomes221,032$395,0002026-08-21
17914 NW 66th Court Cirtownhomes221,071$430,0002026-08-14
6722 NW 192nd Lntownhomes221,089$375,0002026-08-07
18388 NW 75th Psge Unit 2603townhomes22990$372,0002026-07-28
6704 NW 192nd Tertownhomes221,032$415,0002026-07-17
7332 Bay Hill Drtownhomes221,308$450,0002026-07-06
7452 NW 178th Sttownhomes231,150$435,0002026-06-19
17298 NW 60th Cttownhomes22932$345,0002026-05-26
6723 NW 188th Tertownhomes221,032$410,0002026-05-20
6726 NW 188th Tertownhomes221,089$400,0002026-05-18
6548 NW 170 Ter Unit 6548townhomes22991$369,0002026-05-07
17270 NW 60th Cttownhomes22991$380,0002026-03-31
6551 NW 170th Tertownhomes22991$375,0002026-03-25

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
6272 NW 186th St Apt 106condos22950$259,900
17911 NW 68th Ave Apt M201condos221,417$145,000
18101 NW 68th Ave Apt B105condos221,458$170,000
7235 NW 179th St Apt 101condos22883$210,000
18101 NW 68th Ave Apt E105condos221,210$160,000
17901 NW 68th Ave Apt T206condos231,376$210,000
6135 NW 186th St Apt 205condos221,004$289,000
6538 NW 170th Tercondos221,582$485,000

10-year hold projection

IRR-0.2%
Equity multiple0.96x
Total return (10yr)$48,580
YearProperty valueNOICash flowLoan balanceEquity
1$412,000$10,724-$15,513$316,530$95,470
2$424,360$11,136-$15,140$312,823$111,537
3$437,091$11,562-$14,754$308,860$128,231
4$450,204$12,003-$14,354$304,626$145,578
5$463,710$12,460-$13,939$300,100$163,609
6$477,621$12,933-$13,509$295,264$182,357
7$491,950$13,423-$13,063$290,096$201,854
8$506,708$13,930-$12,602$284,573$222,135
9$521,909$14,454-$12,123$278,671$243,239
10$537,567$14,998-$11,628$272,363$265,204
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.