325 NE 108th St
Miami, FL 33161 · multi_family · For Sale · 20 days on market
Asking price$725,000
4 beds 3 baths 1,705 sqft
Suggested offer$627,381$97,619 above the est. market value of $627,381.
View on Realtor.com →Listed by Carolina Hernandez, Broker/Owner · Ancla Realty, Inc.
Typemulti_family
Built1946
Price / sqft$425
Est. value (own analysis)$627,381
Rent estimate (building total, own analysis)$3,978/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 13
Show every detail
Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12069814
Coordinates25.87501, -80.19092
Address325 NE 108th St
CityMiami
StateFL
Zip33161
Listing ID6235285507
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33161)
Typical home value (ZHVI)$498,596
Typical rent (ZORI)$2,323/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 | $725,000 |
| Down payment (20.0%) | $145,000 |
| Loan amount | $580,000 |
| Closing costs (5.0%) | $36,250 |
| Total cash to close | $181,250 |
| Income | |
| Rent (estimate) | $3,978$47,740 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,660$43,921 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,148$13,775 |
| Insurance (est. scaled by flood & wind risk) | $773$9,280 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $199$2,387 |
| Total operating expenses | $2,120$25,442 |
| 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) | $199$2,387 |
| 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 |
|---|---|---|---|---|---|---|
| 11003 NE 12th Ave | multi_family | 4 | 3 | 1,924 | $722,000 | 2026-08-11 |
| 1371 NE 150th St | multi_family | 4 | 2 | 1,500 | $545,000 | 2026-07-06 |
| 1376 NE 111th St # 2 | multi_family | 4 | 4 | 1,749 | $700,000 | 2026-05-19 |
| 11020 NE 10th Ave | multi_family | 4 | 2 | 1,805 | $855,000 | 2026-05-15 |
| 1490 NE 110th Ter | multi_family | 4 | 4 | 1,584 | $400,000 | 2026-04-23 |
| 1560 NE 130th St | multi_family | 4 | 2 | 1,900 | $350,000 | 2026-04-15 |
| 1296 NE 112th St | multi_family | 4 | 2 | 1,920 | $805,000 | 2026-03-23 |
| 11105 NE 9th Ave # 0 | multi_family | 4 | 2 | 1,690 | $875,000 | 2026-03-02 |
| 1550 NE 118th Ter | multi_family | 4 | 4 | 1,848 | $680,000 | 2026-02-26 |
| 1051 NE 149th St | multi_family | 4 | 2 | 2,765 | $60,000 | 2025-12-15 |
| 1350 NE 146th St | multi_family | 4 | 4 | 2,310 | $460,000 | 2025-11-17 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 171 NE 117th St | multi_family | 4 | 4 | 1,765 | $700,000 | — |
| 10831 NE 2nd Ct | multi_family | 4 | 2 | 1,625 | $750,000 | — |
| 1216-1218 NE 112th St | multi_family | 4 | 4 | 1,810 | $975,000 | — |
| 11420 NE 4th Ave | single_family | 4 | 3 | 1,803 | $975,000 | — |
| 10850 N Bayshore Dr | single_family | 4 | 6 | — | $4,800,000 | — |
| 1112 NE 111th St | multi_family | 4 | 3 | 1,756 | $815,000 | — |
| 134 NE 117th St | single_family | 4 | 3 | — | $850,000 | — |
| 530 NE 130th St | single_family | 4 | 3 | — | $719,999 | — |
10-year hold projection
IRR-0.5%
Equity multiple0.92x
Total return (10yr)$80,136
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $746,750 | $18,479 | -$28,635 | $573,711 | $173,039 |
| 2 | $769,153 | $19,160 | -$28,013 | $566,991 | $202,161 |
| 3 | $792,227 | $19,866 | -$27,369 | $559,809 | $232,418 |
| 4 | $815,994 | $20,595 | -$26,702 | $552,134 | $263,860 |
| 5 | $840,474 | $21,350 | -$26,012 | $543,932 | $296,542 |
| 6 | $865,688 | $22,131 | -$25,297 | $535,167 | $330,521 |
| 7 | $891,659 | $22,939 | -$24,556 | $525,799 | $365,859 |
| 8 | $918,408 | $23,774 | -$23,790 | $515,789 | $402,619 |
| 9 | $945,961 | $24,639 | -$22,996 | $505,091 | $440,870 |
| 10 | $974,339 | $25,533 | -$22,175 | $493,658 | $480,681 |
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.