733 NW 4th Ave

Miami, FL 33136 · single_family · For Sale · 62 days on market
Asking price$899,000
4 beds 1 baths 1,065 sqft
Suggested offer$797,323$101,677 above the est. market value of $797,323.
View on Realtor.com →
Listed by Arthur Bartholomew · Walnut Street Realty Co
Typesingle_family
Built1954
Price / sqft$844
Est. value (own analysis)$797,323
Rent estimate (own analysis)$3,600/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-02
Removed date
MLSMiamiMLS #A12047283
Coordinates25.78132, -80.20108
Address733 NW 4th Ave
CityMiami
StateFL
Zip33136
Listing ID6223514024
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33136)

Typical home value (ZHVI)$317,970
Typical rent (ZORI)$2,599/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$899,000
Down payment (20.0%)$179,800
Loan amount$719,200
Closing costs (5.0%)$44,950
Total cash to close$224,750
Rent (comp-derived)$3,600$43,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$43,200
Vacancy rate (assumption) assumption8.0%

$43,200 × 8.0% = $3,456

Effective gross income$3,312$39,744
Property tax (placeholder 1.9% of price)$1,423$17,081
Insurance (placeholder 0.8% of price)$599$7,192
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$180$2,160
Total operating expenses$2,203$26,433
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$39,744
Total operating expenses derived$26,433

$39,744 − $26,433 = $13,311

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$719,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$719,200 amortized at 6.7% over 30 years = $4,622/mo

CapEx reserve (5.0% of GSR)$180$2,160
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$13,311
Annual debt service derived$55,461
Annual CapEx reserve assumption$2,160
Annual PMI assumption$0

($13,311 − $55,461 − $2,160 − $0) ÷ 12 = -$3,693

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,311
Purchase price data$899,000

$13,311 ÷ $899,000 = 1.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$44,310
Total cash to close derived$224,750

-$44,310 ÷ $224,750 = -19.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,311
Annual debt service derived$55,461

$13,311 ÷ $55,461 = 0.24

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$43,200
Purchase price data$899,000

($43,200 ÷ 12) ÷ $899,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$899,000
Gross scheduled rent (annual) comp$43,200

$899,000 ÷ $43,200 = 20.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$26,433
Effective gross income derived$39,744

$26,433 ÷ $39,744 = 66.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$26,433
Annual debt service derived$55,461
Annual PMI assumption$0
Gross scheduled rent (annual) comp$43,200

($26,433 + $55,461 + $0) ÷ $43,200 = 189.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,190$3,4952026-08-18
single_family431,323$3,9952026-08-13
single_family411,048$2,5002026-08-10
single_family421,149$3,2502026-07-20
single_family431,320$5,8002026-07-17
single_family431,212$3,5002026-07-16
single_family421,408$5,0002026-07-15
single_family411,225$2,8002026-07-15
single_family421,252$3,7992026-07-08
single_family421,200$3,8002026-07-06
single_family42995$2,8002026-07-05
single_family421,400$4,3002026-05-26
single_family421,420$9002026-05-08
single_family411,226$2,8002026-05-07
single_family421,250$3,9502026-05-05
single_family421,434$3,6002026-05-05
single_family421,421$3,6002026-08-01
single_family411,267$3,8002026-07-31
single_family411,200$3,0002026-07-29
single_family431,192$4,7502026-07-28
single_family431,347$3,4502026-04-03
single_family421,363$3,6752026-01-31
single_family421,175$6,0002026-04-01
single_family421,330$3,200
single_family42912$3,700

382 NW 82nd St Unit 382

Miami, 33150 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,190
Listed2026-08-18
Days on market

Asking rent: $3,495

View on Zillow →

5530 NW 5th Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,323
Listed2026-08-13
Days on market

Asking rent: $3,995

View on Zillow →

36 NE 60th Ter

Miami, 33137 · rent comp

Bedrooms / bathrooms4 bd / 1 ba
Square footage1,048
Listed2026-08-10
Days on market

Asking rent: $2,500

View on Zillow →

2324 NW 14th Ave Unit 0

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,149
Listed2026-07-20
Days on market

Asking rent: $3,250

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 →

863 NW 139th St

Miami, 33168 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,212
Listed2026-07-16
Days on market

Asking rent: $3,500

View on Zillow →

1826 NW S River Dr Unit 0

Miami, 33125 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,408
Listed2026-07-15
Days on market

Asking rent: $5,000

View on Zillow →

146 NW 56th St Unit 146

Miami, 33127 · rent comp

Bedrooms / bathrooms4 bd / 1 ba
Square footage1,225
Listed2026-07-15
Days on market

Asking rent: $2,800

View on Zillow →

757 NW 47th St

Miami, 33127 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,252
Listed2026-07-08
Days on market

Asking rent: $3,799

View on Zillow →

2885 NW 155th Ter

Miami, 33054 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,200
Listed2026-07-06
Days on market

Asking rent: $3,800

View on Zillow →

5431 NW 30th Ave

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage995
Listed2026-07-05
Days on market

Asking rent: $2,800

View on Zillow →

1938 NW 2nd Ct

Miami, 33136 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,400
Listed2026-05-26
Days on market

Asking rent: $4,300

View on Zillow →

1935 NW 96th St

Miami, 33147 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,420
Listed2026-05-08
Days on market

Asking rent: $900

View on Zillow →

166 NW 68th Ter

Miami, 33150 · rent comp

Bedrooms / bathrooms4 bd / 1 ba
Square footage1,226
Listed2026-05-07
Days on market

Asking rent: $2,800

View on Zillow →

6820 SW 13th Ter Unit 6820

Miami, 33144 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,250
Listed2026-05-05
Days on market

Asking rent: $3,950

View on Zillow →

1884 NW 52nd St Unit 0

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,434
Listed2026-05-05
Days on market

Asking rent: $3,600

View on Zillow →

6301 NW 1st Pl

Miami, 33150 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,421
Listed2026-08-01
Days on market

Asking rent: $3,600

View on Zillow →

1419 NW 44th St Unit 1

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 1 ba
Square footage1,267
Listed2026-07-31
Days on market

Asking rent: $3,800

View on Zillow →

1836 NW 33rd St

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 1 ba
Square footage1,200
Listed2026-07-29
Days on market

Asking rent: $3,000

View on Zillow →

5171 SW 6th St

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,192
Listed2026-07-28
Days on market

Asking rent: $4,750

View on Zillow →

435 NW 19th Ln Unit 19

Miami, 33136 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,347
Listed2026-04-03
Days on market

Asking rent: $3,450

View on Zillow →

2916 NW 51st St

Miami, 33142 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,363
Listed2026-01-31
Days on market

Asking rent: $3,675

View on Zillow →

14115 NW 5th Ave Unit 1

Miami, 33168 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,175
Listed2026-04-01
Days on market

Asking rent: $6,000

View on Zillow →

511 NW 82nd Ave Apt 418

Miami, 33126 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,330
Listed
Days on market

Asking rent: $3,200

View on Zillow →

1280 NW 111th St # 1

Miami, 33167 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage912
Listed
Days on market

Asking rent: $3,700

View on Zillow →

Widened to any bedroom count in ZIP. 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
1104 NW 6th Stsingle_family321,649$550,0002026-06-15
855 NW 9th Ctsingle_family21937$830,0002026-06-05
901 NW 10th Ctsingle_family311,395$840,0002026-06-05
828 NW 9th Avesingle_family321,793$1,062,5002026-05-26
1000 NW 11th Ctsingle_family211,180$969,0002026-04-20
901 NW 7th Street Rdsingle_family211,896$2,050,0002026-03-19
771 NW 12th Stsingle_family421,220$5,000,0002026-03-16
752 NW 7th Street Rdsingle_family532,958$2,000,0002026-02-20
691 NW 7th Street Rdsingle_family331,840$1,550,0002026-01-27
1945 NW 3rd Avesingle_family321,175$500,0002026-01-06
5374733545single_family321,222$350,0002025-12-11
641 NW 7th Street Rdsingle_family452,584$3,500,0002025-10-20

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
1975 NW 3rd Ct Unit 39condo_townhome_rowhome_coop431,347$489,900
1110N NW North River Drsingle_family432,195$4,995,000
1000 NW 9th Ctsingle_family45$3,995,000

10-year hold projection

IRR-3.2%
Equity multiple0.46x
Total return (10yr)-$3,087
YearProperty valueNOICash flowLoan balanceEquity
1$925,970$13,311-$44,310$711,402$214,568
2$953,749$13,843-$43,833$703,069$250,680
3$982,362$14,393-$43,337$694,164$288,198
4$1,011,832$14,964-$42,823$684,647$327,186
5$1,042,187$15,555-$42,290$674,476$367,711
6$1,073,453$16,168-$41,737$663,607$409,846
7$1,105,657$16,802-$41,164$651,992$453,665
8$1,138,826$17,460-$40,569$639,579$499,247
9$1,172,991$18,140-$39,953$626,314$546,677
10$1,208,181$18,846-$39,313$612,138$596,043
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.