935 NW 22nd Ct
Miami, FL 33125 · multi_family · For Sale · 15 days on market
Asking price$769,000
5 beds 3 baths 1,758 sqft
Suggested offer$447,792$321,208 above the est. market value of $447,792.
View on Realtor.com →Listed by Annette Armand Pabon · Armand & Assoc Realty Inc
Typemulti_family
Built1970
Price / sqft$437
Est. value (own analysis)$447,792
Rent estimate (building total, own analysis)$5,028/mo
HOANone
1 / 2
Show every detail
Statusfor_sale
Listed date2026-08-18
Removed date—
MLSMiamiMLS #A12073594
Coordinates25.78211, -80.23174
Address935 NW 22nd Ct
CityMiami
StateFL
Zip33125
Listing ID6043049586
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $769,000 |
| Down payment (20.0%) | $153,800 |
| Loan amount | $615,200 |
| Closing costs (5.0%) | $38,450 |
| Total cash to close | $192,250 |
| Income | |
| Rent (estimate) | $5,028$60,335 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,626$55,508 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,218$14,611 |
| Insurance (placeholder 0.8% of price) | $513$6,152 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $251$3,017 |
| Total operating expenses | $1,982$23,780 |
| 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) | $251$3,017 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1130-1132 NW 34th Ave | multi_family | 5 | 4 | 1,824 | $739,900 | — |
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 2930 NW 12th St | multi_family | 5 | 3 | 2,189 | $839,000 | — |
| 2160 NW 18th Ter | multi_family | 5 | 4 | 2,552 | $1,180,000 | — |
| 1055 NW 32nd Ct | multi_family | 5 | 4 | 2,287 | $1,199,000 | — |
| 1052 NW 25th Ave | multi_family | 5 | 3 | 1,950 | $699,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
10-year hold projection
IRR3.8%
Equity multiple1.61x
Total return (10yr)$217,764
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $792,070 | $31,728 | -$18,730 | $608,530 | $183,540 |
| 2 | $815,832 | $32,799 | -$17,735 | $601,402 | $214,430 |
| 3 | $840,307 | $33,905 | -$16,706 | $593,784 | $246,523 |
| 4 | $865,516 | $35,047 | -$15,643 | $585,643 | $279,873 |
| 5 | $891,482 | $36,226 | -$14,545 | $576,943 | $314,538 |
| 6 | $918,226 | $37,444 | -$13,410 | $567,646 | $350,580 |
| 7 | $945,773 | $38,702 | -$12,238 | $557,711 | $388,062 |
| 8 | $974,146 | $40,001 | -$11,026 | $547,093 | $427,054 |
| 9 | $1,003,371 | $41,342 | -$9,775 | $535,745 | $467,625 |
| 10 | $1,033,472 | $42,727 | -$8,481 | $523,619 | $509,853 |
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.