270 NW 34th Ter

Miami, FL 33127 · multi_family · For Sale · 138 days on market
Asking price$1,200,000
— beds — baths 2,486 sqft
Suggested offer$953,058$246,942 above the est. market value of $953,058.
View on Realtor.com →
Listed by Sherry Lebowitz · Lifestyle International Realty
Typemulti_family
Built1975
Price / sqft$483
Est. value (own analysis)$953,058
Rent estimate (building total, own analysis)$10,143/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-17
Removed date
MLSMiamiMLS #A12003031
Coordinates25.80857, -80.20070
Address270 NW 34th Ter
CityMiami
StateFL
Zip33127
Listing ID6212423295
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33127)

Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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$1,200,000
Down payment (20.0%)$240,000
Loan amount$960,000
Closing costs (5.0%)$60,000
Total cash to close$300,000
Rent (estimate)$10,143$121,715
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$121,715
Vacancy rate (assumption) assumption8.0%

$121,715 × 8.0% = $9,737

Effective gross income$9,331$111,977
Property tax (placeholder 1.9% of price)$1,900$22,800
Insurance (placeholder 0.8% of price)$800$9,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$507$6,086
Total operating expenses$3,207$38,486
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$111,977
Total operating expenses derived$38,486

$111,977 − $38,486 = $73,492

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$960,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$960,000 amortized at 6.7% over 30 years = $6,169/mo

CapEx reserve (5.0% of GSR)$507$6,086
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$73,492
Annual debt service derived$74,031
Annual CapEx reserve assumption$6,086
Annual PMI assumption$0

($73,492 − $74,031 − $6,086 − $0) ÷ 12 = -$552

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$73,492
Purchase price data$1,200,000

$73,492 ÷ $1,200,000 = 6.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$6,625
Total cash to close derived$300,000

-$6,625 ÷ $300,000 = -2.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$73,492
Annual debt service derived$74,031

$73,492 ÷ $74,031 = 0.99

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$121,715
Purchase price data$1,200,000

($121,715 ÷ 12) ÷ $1,200,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,200,000
Gross scheduled rent (annual) comp$121,715

$1,200,000 ÷ $121,715 = 9.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$38,486
Effective gross income derived$111,977

$38,486 ÷ $111,977 = 34.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$38,486
Annual debt service derived$74,031
Annual PMI assumption$0
Gross scheduled rent (annual) comp$121,715

($38,486 + $74,031 + $0) ÷ $121,715 = 92.4%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
111 NW 52nd Stmulti_family2,162$655,0002026-08-27
1097 NW 38th Stmulti_family1,482$650,0002026-08-11
35 NW 57th Stmulti_family311,414$540,0002026-08-07
254 NW 50th Stmulti_family421,876$600,0002026-07-21
5620 NW 3rd Avemulti_family421,392$520,0002026-07-20
51 NW 45th Stmulti_family221,872$855,0002026-07-14
1171 NW 58th Termulti_family421,458$480,0002026-07-08
166 NW 41st Stmulti_family41,248$1,200,0002026-07-06
599 NW 33rd Stmulti_family442,241$1,200,0002026-07-06
5631 NW 5th Ctmulti_family22888$322,0002026-06-30
1028 NW 24th Stmulti_family421,540$520,0002026-06-17
444 NW 33rd Stmulti_family431,488$25,000,0002026-06-16
441 NW 44th Stmulti_family11310$2,670,0002026-06-12
4400 NW 1st Avemulti_family421,690$1,195,0002026-06-08
577 NW 41st Stmulti_family523,592$800,0002026-06-05
773 NW 34th Stmulti_family532,088$700,0002026-06-04
5300 N Miami Avemulti_family221,742$1,000,0002026-05-21
1076 NW 55th Stmulti_family0$986,9002026-05-07
5505 N Miami Avemulti_family843,392$915,0002026-05-04
5241 NW 11th Avemulti_family1,560$525,0002026-04-30
100 NW 52nd Stmulti_family421,800$300,0002026-04-22
5936 NW 1st Avemulti_family1,928$505,0002026-04-21
5550 N Miami Avemulti_family1,564$525,0002026-04-10
1044 NW 29th Stmulti_family4,790$2,000,0002026-04-02
1054 NW 29th Stmulti_family4,902$2,000,0002026-04-02
1019 NW 26th Stmulti_family421,518$730,3002026-03-31
1066 NW 47th Stmulti_family221,328$645,0002026-03-31
5091 NW 2nd Avemulti_family1,840$750,0002026-03-20
5035 NW 5th Avemulti_family421,690$1,000,0002026-03-18
520 NW 49th Stmulti_family412,230$1,200,0002026-03-17
1041 NW 30th Stmulti_family1,353$484,5002026-03-17
4543 N Miami Avemulti_family432,160$2,200,0002026-03-16
3314 NW 8th Avemulti_family3,512$1,060,0002026-03-13
1184 NW 30th Stmulti_family412,374$439,9002026-03-09
128 NW 53rd Stmulti_family$750,0002026-03-04
270 NW 53rd Stmulti_family2,878$960,0002026-02-23
55 NW 44th Stmulti_family1,244$900,0002026-02-23
1121 NW 51st Stmulti_family221,436$323,0002026-02-02
4430 NW 1st Avemulti_family321,452$990,0002026-01-21
38 NW 53rd Stmulti_family312,244$890,0002026-01-12
2 NW 47th Stmulti_family2,010$850,0002025-12-19
3041 NW 10th Avemulti_family1,663$640,0002025-12-16
826 NW 56th Stmulti_family1,726$275,0002025-12-08
5538 NW Miami Ctmulti_family421,115$390,0002025-11-24
415 NW 52nd Stmulti_family642,723$970,0002025-11-19
5720 NW 3rd Avemulti_family421,690$605,0002025-11-18
4860 N Miami Avemulti_family321,574$1,450,0002025-10-28
277 NW 33rd Stmulti_family885,632$966,3332025-10-08
536 NW 42nd St Apt 1multi_family663,536$1,600,0002025-10-03
3033 NW 10th Avemulti_family1,539$650,0002025-09-26

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.

No other cached listings nearby for this bedroom count yet.

10-year hold projection

IRR9.4%
Equity multiple2.48x
Total return (10yr)$599,647
YearProperty valueNOICash flowLoan balanceEquity
1$1,236,000$73,492-$6,625$949,591$286,409
2$1,273,080$75,889-$4,380$938,468$334,612
3$1,311,272$78,363-$2,062$926,581$384,691
4$1,350,611$80,916$332$913,878$436,733
5$1,391,129$83,551$2,802$900,302$490,827
6$1,432,863$86,269$5,353$885,794$547,069
7$1,475,849$89,075$7,987$870,289$605,559
8$1,520,124$91,971$10,706$853,720$666,404
9$1,565,728$94,959$13,513$836,013$729,715
10$1,612,700$98,042$16,411$817,090$795,609
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.