170 NE 151st St

Miami, FL 33162 · single_family · For Sale · 104 days on market
Asking price$1,050,000
4 beds 4 baths — sqft
Suggested offer$605,000$445,000 above the est. market value of $605,000.
View on Realtor.com →
Listed by Alicia Ale · Cosmopolis Real Estate, Llc
Typesingle_family
Built2027
Price / sqft
Est. value (own analysis)$605,000
Rent estimate (own analysis)$4,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-21
Removed date
MLSMiamiMLS #A12019876
Coordinates25.91338, -80.19629
Address170 NE 151st St
CityMiami
StateFL
Zip33162
Listing ID6119127564
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)

Purchase price$1,050,000
Down payment (20.0%)$210,000
Loan amount$840,000
Closing costs (5.0%)$52,500
Total cash to close$262,500
Rent (comp-derived)$4,000$48,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$48,000
Vacancy rate (assumption) assumption8.0%

$48,000 × 8.0% = $3,840

Effective gross income$3,680$44,160
Property tax (placeholder 1.9% of price)$1,663$19,950
Insurance (placeholder 0.8% of price)$700$8,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,400
Total operating expenses$2,563$30,750
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,160
Total operating expenses derived$30,750

$44,160 − $30,750 = $13,410

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$840,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$840,000 amortized at 6.7% over 30 years = $5,398/mo

CapEx reserve (5.0% of GSR)$200$2,400
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$13,410
Annual debt service derived$64,777
Annual CapEx reserve assumption$2,400
Annual PMI assumption$0

($13,410 − $64,777 − $2,400 − $0) ÷ 12 = -$4,481

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,410
Purchase price data$1,050,000

$13,410 ÷ $1,050,000 = 1.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$53,767
Total cash to close derived$262,500

-$53,767 ÷ $262,500 = -20.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,410
Annual debt service derived$64,777

$13,410 ÷ $64,777 = 0.21

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$48,000
Purchase price data$1,050,000

($48,000 ÷ 12) ÷ $1,050,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,050,000
Gross scheduled rent (annual) comp$48,000

$1,050,000 ÷ $48,000 = 21.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$30,750
Effective gross income derived$44,160

$30,750 ÷ $44,160 = 69.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$30,750
Annual debt service derived$64,777
Annual PMI assumption$0
Gross scheduled rent (annual) comp$48,000

($30,750 + $64,777 + $0) ÷ $48,000 = 199.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,725$4,4002026-08-11
single_family421,732$4,0002026-07-22
single_family431,320$5,8002026-07-17
single_family431,580$4,5002026-08-03
single_family432,086$3,3502026-05-15
single_family421,276$3,1952026-08-05
single_family421,250$3,5002026-08-06
single_family421,802$4,0002026-04-21
single_family421,580$3,8002026-06-12
single_family432,206$5,9502026-07-01
single_family421,238$4,5002026-03-19
single_family421,800$3,9752026-07-14
single_family42$3,5002026-01-28
single_family431,708$5,0002026-08-31
single_family421,620$3,4952026-09-01

170 NE 174th St

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,725
Listed2026-08-11
Days on market

Asking rent: $4,400

View on Zillow →

552 NE 161st St

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,732
Listed2026-07-22
Days on market

Asking rent: $4,000

View on Zillow →

413 NE 162nd St

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,320
Listed2026-07-17
Days on market

Asking rent: $5,800

View on Zillow →

17355 NE 7th Ave

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,580
Listed2026-08-03
Days on market

Asking rent: $4,500

View on Zillow →

1761 NE 170th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,086
Listed2026-05-15
Days on market

Asking rent: $3,350

View on Zillow →

1379 NE 178th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,276
Listed2026-08-05
Days on market

Asking rent: $3,195

View on Zillow →

1929 NE 176th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,250
Listed2026-08-06
Days on market

Asking rent: $3,500

View on Zillow →

17930 NE 6th Ave

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,802
Listed2026-04-21
Days on market

Asking rent: $4,000

View on Zillow →

1435 NE 173rd St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,580
Listed2026-06-12
Days on market

Asking rent: $3,800

View on Zillow →

16100 NE 9th Ct

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,206
Listed2026-07-01
Days on market

Asking rent: $5,950

View on Zillow →

1601 NE 182nd St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,238
Listed2026-03-19
Days on market

Asking rent: $4,500

View on Zillow →

15861 NE 14th Ct

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,800
Listed2026-07-14
Days on market

Asking rent: $3,975

View on Zillow →

15520 NE 15th Pl

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage
Listed2026-01-28
Days on market

Asking rent: $3,500

View on Zillow →

842 NE 154th St

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,708
Listed2026-08-31
Days on market

Asking rent: $5,000

View on Zillow →

1311 NE 157th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,620
Listed2026-09-01
Days on market

Asking rent: $3,495

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
310 NE 162nd Stsingle_family431,536$525,0002026-08-14
1560 NE 154th Stsingle_family42900$475,0002026-07-24
175 NE 159th Stsingle_family421,749$670,0002026-07-15
865 NE 177th Stsingle_family421,545$715,0002026-07-06
1380 NE 153rd Stsingle_family421,691$360,0002026-06-30
565 NE 160th Tersingle_family431,629$605,0002026-06-23
981 NE 152nd Stsingle_family421,452$610,0002026-06-04
16895 NE 4th Plsingle_family421,736$588,6492026-05-22
740 NE 181st Stsingle_family421,520$750,0002026-05-19
1545 NE 158th Stsingle_family422,084$575,0002026-05-19
16050 NE 8th Ctsingle_family432,481$650,0002026-05-08
1880 NE 154th Tersingle_family411,125$382,0002026-04-29
1264 NE 156th Stsingle_family431,442$450,0002026-04-24
795 NE 165th Stsingle_family422,448$675,0002026-04-24
1121 NE 154th Tersingle_family421,567$495,0002026-03-17
240 NE 156th Stsingle_family44$1,950,0002026-03-13
725 NE 173rd Tersingle_family432,381$1,358,0002026-02-24
1100 NE 151st Tersingle_family421,662$500,0002026-02-20
745 NE 155th Tersingle_family433,016$620,0002026-02-18
17415 NE 12th Avesingle_family421,520$900,0002026-01-06
255 NE 164th Stsingle_family421,806$605,0002025-12-29
736 NE 164th Stsingle_family431,683$545,0002025-12-22
361 NE 160th Tersingle_family421,268$520,0002025-12-19
440 NE 174th Stsingle_family421,385$575,0002025-12-10
1052 NE 179th Tersingle_family422,412$1,200,0002025-12-05
370 NE 159th Stsingle_family432,011$770,0002025-12-03
450 NE 175th Stsingle_family42996$470,0002025-11-21
1782 NE 175th Stsingle_family431,945$660,0002025-11-18
1061 NE 162nd Stsingle_family432,516$175,0002025-11-17

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
2 NE 160th Stsingle_family422,367$1,100,000
230 NE 164th Tersingle_family43$699,999
660 NE 181st Stsingle_family431,959$750,990
172 NE 151st Stsingle_family44$1,050,000
565 NE 160th Stsingle_family421,567$495,000
560 NE 161st Stsingle_family421,523$599,999
single_family433,056$1,200,000
46 NE 162nd Stsingle_family433,025$2,700,000

10-year hold projection

IRR-3.8%
Equity multiple0.38x
Total return (10yr)-$26,757
YearProperty valueNOICash flowLoan balanceEquity
1$1,081,500$13,410-$53,767$830,892$250,608
2$1,113,945$13,966-$53,271$821,160$292,785
3$1,147,363$14,543-$52,756$810,758$336,605
4$1,181,784$15,140-$52,221$799,643$382,142
5$1,217,238$15,760-$51,666$787,764$429,474
6$1,253,755$16,403-$51,089$775,069$478,686
7$1,291,368$17,069-$50,491$761,503$529,865
8$1,330,109$17,759-$49,871$747,005$583,104
9$1,370,012$18,475-$49,226$731,511$638,501
10$1,411,112$19,216-$48,558$714,954$696,159
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.