14629 Glencairn Rd

Miami Lakes, FL 33016 · single_family · For Sale · 8 days on market
Asking price$1,100,000
4 beds 3 baths 2,309 sqft
Suggested offer$914,364$185,636 above the est. market value of $914,364.
View on Realtor.com →
Listed by Silvia Nieto · United Real Estate Miami
Typesingle_family
Built1987
Price / sqft$476
Est. value (own analysis)$914,364
Rent estimate (own analysis)$5,925/mo
HOA$39/mo
Wind10/10Extreme$Air2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-25
Removed date
MLSMiamiMLS #A12077596
Coordinates25.90580, -80.33959
Address14629 Glencairn Rd
CityMiami Lakes
StateFL
Zip33016
Listing ID6205438238
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33016)

Typical home value (ZHVI)$295,375
Typical rent (ZORI)$2,365/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$1,100,000
Down payment (20.0%)$220,000
Loan amount$880,000
Closing costs (5.0%)$55,000
Total cash to close$275,000
Rent (comp-derived)$5,925$71,100
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$71,100
Vacancy rate (assumption) assumption8.0%

$71,100 × 8.0% = $5,688

Effective gross income$5,451$65,412
Property tax (placeholder 1.9% of price)$1,742$20,900
Insurance (est. scaled by flood & wind risk)$1,100$13,200
HOA dues$39$468
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$296$3,555
Total operating expenses$3,177$38,123
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$65,412
Total operating expenses derived$38,123

$65,412 − $38,123 = $27,289

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$880,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$880,000 amortized at 6.7% over 30 years = $5,655/mo

CapEx reserve (5.0% of GSR)$296$3,555
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$27,289
Annual debt service derived$67,861
Annual CapEx reserve assumption$3,555
Annual PMI assumption$0

($27,289 − $67,861 − $3,555 − $0) ÷ 12 = -$3,677

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$27,289
Purchase price data$1,100,000

$27,289 ÷ $1,100,000 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$44,127
Total cash to close derived$275,000

-$44,127 ÷ $275,000 = -16.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$27,289
Annual debt service derived$67,861

$27,289 ÷ $67,861 = 0.40

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$71,100
Purchase price data$1,100,000

($71,100 ÷ 12) ÷ $1,100,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,100,000
Gross scheduled rent (annual) comp$71,100

$1,100,000 ÷ $71,100 = 15.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$38,123
Effective gross income derived$65,412

$38,123 ÷ $65,412 = 58.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$38,123
Annual debt service derived$67,861
Annual PMI assumption$0
Gross scheduled rent (annual) comp$71,100

($38,123 + $67,861 + $0) ÷ $71,100 = 149.1%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family422,120$5,2002026-08-27
single_family432,967$5,8502026-08-17
single_family432,264$3,849
single_family432,847$7,2002026-07-11
single_family421,770$4,0002026-07-28
single_family432,620$6,0002026-08-20
single_family432,847$6,5002026-07-27
single_family432,620$6,000

15330 Durnford Dr

Miami Lakes, 33014 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,120
Listed2026-08-27
Days on market

Asking rent: $5,200

View on Zillow →

16421 NW 84th Ave

Miami Lakes, 33016 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,967
Listed2026-08-17
Days on market

Asking rent: $5,850

View on Zillow →

9081 NW 148th St

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,264
Listed
Days on market

Asking rent: $3,849

View on Zillow →

8900 NW 161st Ter

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,847
Listed2026-07-11
Days on market

Asking rent: $7,200

View on Zillow →

8731 NW 153rd Ter

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,770
Listed2026-07-28
Days on market

Asking rent: $4,000

View on Zillow →

14793 NW 87th Pl Unit 14793

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,620
Listed2026-08-20
Days on market

Asking rent: $6,000

View on Zillow →

8981 NW 154th Ter Unit 8981

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,847
Listed2026-07-27
Days on market

Asking rent: $6,500

View on Zillow →

14793 NW 87th Pl # 0

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,620
Listed
Days on market

Asking rent: $6,000

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
14372 NW 83rd Avesingle_family432,231$610,0002026-08-31
16750 NW 78th Avesingle_family442,503$1,210,0002026-07-28
7819 NW 166th Tersingle_family432,208$900,0002026-07-21
7831 NW 160th Tersingle_family432,162$895,0002026-07-09
14460 Glencairn Rdsingle_family432,201$1,050,0002026-06-26
2549 W 72nd Plsingle_family421,475$590,0002026-06-26
8341 NW 167th Tersingle_family422,162$728,1002026-06-17
16640 NW 86th Ctsingle_family442,449$960,0002026-06-12
7841 NW 169th Tersingle_family422,131$910,0002026-05-26
15507 NW 82nd Ctsingle_family432,404$1,075,0002026-05-08
8120 NW 167th Tersingle_family433,563$932,3002026-04-14
7760 NW 163rd Stsingle_family432,048$835,0002026-04-06
16801 NW 77th Plsingle_family442,702$1,167,0002026-03-17
7821 NW 159th Tersingle_family432,314$955,0002026-03-13
8371 NW 166th Tersingle_family453,528$940,0002026-02-06
16422 NW 77th Plsingle_family432,804$675,0002026-02-03
2508 W 71st Plsingle_family421,440$579,0002026-01-30
16920 NW 83rd Ctsingle_family433,292$1,000,0002026-01-20
16811 NW 83rd Avesingle_family433,298$1,250,0002026-01-05
8001 NW 166th Stsingle_family433,125$1,125,0002025-12-16
8320 NW 167th Tersingle_family433,474$950,0002025-12-15
8311 NW 166th Tersingle_family443,719$1,250,0002025-11-20
16760 NW 84th Ctsingle_family434,280$1,975,0002025-11-07
8560 NW 169th Tersingle_family432,631$1,100,0002025-11-03
8565 NW 168th Tersingle_family453,576$880,0002025-10-23
7965 NW 162nd Stsingle_family443,380$1,300,0002025-10-22

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.

AddressTypeBedsBathsSqftAsking priceDays on market
15600 NW 82nd Ctsingle_family432,947$1,395,000
2217 W 69th St Unit 2217Acondos431,580$389,800
15721 NW 79th Ctsingle_family443,093$1,699,000
15901 NW 83rd Plsingle_family432,889$1,250,000
2561 W 60th Pl Unit 102-1townhomes431,798$429,999
16581 NW 84th Avesingle_family432,659$1,499,999
16820 NW 80th Ctsingle_family432,186$995,000
2450 W 67th Pl Unit 13-12townhomes431,665$385,000

10-year hold projection

IRR-0.7%
Equity multiple0.89x
Total return (10yr)$113,635
YearProperty valueNOICash flowLoan balanceEquity
1$1,133,000$27,289-$44,127$870,459$262,541
2$1,166,990$28,298-$43,207$860,262$306,728
3$1,202,000$29,343-$42,254$849,366$352,634
4$1,238,060$30,423-$41,267$837,721$400,339
5$1,275,201$31,541-$40,244$825,276$449,925
6$1,313,458$32,698-$39,186$811,977$501,480
7$1,352,861$33,894-$38,090$797,765$555,096
8$1,393,447$35,132-$36,955$782,576$610,871
9$1,435,251$36,413-$35,780$766,345$668,905
10$1,478,308$37,737-$34,564$748,999$729,309
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.