14172 NW 87th Ct

Miami Lakes, FL 33018 · single_family · For Sale · 177 days on market
Asking price$835,000
4 beds 3 baths 1,806 sqft
Suggested offer$623,503$211,497 above the est. market value of $623,503.
View on Realtor.com →
Listed by Julio Chuairey · Miami 305 Realty Group
Typesingle_family
Built1996
Price / sqft$462
Est. value (own analysis)$623,503
Rent estimate (own analysis)$4,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-09
Removed date
MLSMiamiMLS #A11979115
Coordinates25.90200, -80.34155
Address14172 NW 87th Ct
CityMiami Lakes
StateFL
Zip33018
Listing ID6259668806
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33018)

Typical home value (ZHVI)$530,396
Typical rent (ZORI)$3,006/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$835,000
Down payment (20.0%)$167,000
Loan amount$668,000
Closing costs (5.0%)$41,750
Total cash to close$208,750
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)$1,322$15,865
Insurance (placeholder 0.8% of price)$557$6,680
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,400
Total operating expenses$2,079$24,945
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,160
Total operating expenses derived$24,945

$44,160 − $24,945 = $19,215

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$668,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$668,000 amortized at 6.7% over 30 years = $4,293/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$19,215
Annual debt service derived$51,513
Annual CapEx reserve assumption$2,400
Annual PMI assumption$0

($19,215 − $51,513 − $2,400 − $0) ÷ 12 = -$2,892

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,215
Purchase price data$835,000

$19,215 ÷ $835,000 = 2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$34,698
Total cash to close derived$208,750

-$34,698 ÷ $208,750 = -16.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,215
Annual debt service derived$51,513

$19,215 ÷ $51,513 = 0.37

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$835,000

($48,000 ÷ 12) ÷ $835,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$835,000
Gross scheduled rent (annual) comp$48,000

$835,000 ÷ $48,000 = 17.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$24,945
Effective gross income derived$44,160

$24,945 ÷ $44,160 = 56.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$24,945
Annual debt service derived$51,513
Annual PMI assumption$0
Gross scheduled rent (annual) comp$48,000

($24,945 + $51,513 + $0) ÷ $48,000 = 159.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,264$3,849
single_family432,131$3,835
single_family421,694$3,440
single_family432,174$4,0002026-07-03
single_family421,770$4,0002026-07-28
single_family432,124$4,0502026-06-03
single_family421,694$3,8002026-07-01
single_family432,124$4,2502026-08-07
single_family432,012$5,0002026-08-22
single_family431,990$3,800
single_family432,402$4,200
single_family431,914$4,000
single_family431,869$4,200

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 →

18301 NW 89th Ave

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,131
Listed
Days on market

Asking rent: $3,835

View on Zillow →

9147 NW 111th Ter

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,694
Listed
Days on market

Asking rent: $3,440

View on Zillow →

3538 W 108th St Unit 0

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,174
Listed2026-07-03
Days on market

Asking rent: $4,000

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 →

8781 NW 178th St

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,124
Listed2026-06-03
Days on market

Asking rent: $4,050

View on Zillow →

8814 NW 109th Ter

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,694
Listed2026-07-01
Days on market

Asking rent: $3,800

View on Zillow →

18162 NW 91st Ct Unit 18162

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,124
Listed2026-08-07
Days on market

Asking rent: $4,250

View on Zillow →

3567 W 110th Ter

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,012
Listed2026-08-22
Days on market

Asking rent: $5,000

View on Zillow →

3431 W 109th Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,990
Listed
Days on market

Asking rent: $3,800

View on Zillow →

3530 W 88th St

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,402
Listed
Days on market

Asking rent: $4,200

View on Zillow →

10409 W 32nd Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,914
Listed
Days on market

Asking rent: $4,000

View on Zillow →

3409 W 92nd Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,869
Listed
Days on market

Asking rent: $4,200

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
8748 NW 143rd Tersingle_family432,087$600,0002026-08-20
8946 NW 176th Lnsingle_family433,238$1,340,0002026-08-12
8822 NW 112th Tersingle_family431,393$560,0002026-08-11
8915 NW 161st Tersingle_family432,847$1,220,0002026-08-07
3577 W 106th Tersingle_family432,642$769,0002026-07-29
19610 NW 88th Ctsingle_family432,269$750,0002026-07-24
6423412209single_family421,642$577,0002026-07-23
8724 NW 189th Tersingle_family433,280$730,0002026-07-21
16911 NW 87th Ctsingle_family421,888$785,0002026-07-14
8847 NW 180th Tersingle_family432,124$695,0002026-07-06
7387 W 30th Ctsingle_family421,349$570,0002026-07-02
3525 W 94th Stsingle_family432,528$740,0002026-06-26
14461 NW 88th Plsingle_family421,669$610,0002026-06-24
3494 W 103rd Tersingle_family442,642$700,0002026-06-18
7250 W 30th Avesingle_family421,379$585,0002026-06-09
3541 W 104th Tersingle_family442,571$680,0002026-05-29
8723 NW 161st Tersingle_family432,847$1,100,0002026-05-28
8891 NW 178th Lnsingle_family432,878$1,090,0002026-05-27
8975 NW 161st Tersingle_family432,847$1,250,0002026-05-20
8914 NW 168th Stsingle_family431,874$800,0002026-05-20
6843276574single_family442,622$750,0002026-05-18
19720 NW 87th Plsingle_family432,611$700,0002026-05-14
3524 W 106th Stsingle_family442,642$705,0002026-05-07
18061 NW 87th Ctsingle_family442,878$1,150,0002026-05-04
18091 NW 87th Ctsingle_family442,803$932,0002026-05-04
10521 W 35th Waysingle_family432,462$700,0002026-04-29
9125 NW 172nd Tersingle_family432,103$880,0002026-04-07
8725 NW 148th Tersingle_family421,942$735,0002026-04-03
3412 W 103rd Tersingle_family432,462$700,0002026-04-02
9067 NW 182nd Tersingle_family432,124$820,0002026-03-30
3203 W 70th Tersingle_family421,488$601,4252026-03-30
14820 NW 87th Ctsingle_family432,620$840,0002026-03-20
8886 NW 187th Stsingle_family422,728$925,0002026-03-09
8935 NW 164th Stsingle_family431,523$715,0002026-03-09
7685 W 30th Lnsingle_family421,452$512,1672026-03-04
8776 W 33rd Avesingle_family442,622$794,9002026-02-26
3523 W 105th Plsingle_family432,462$680,0002026-02-17
10800 W 35th Waysingle_family422,012$750,0002026-02-05
16852 NW 88th Pathsingle_family421,874$925,0002026-02-03
7416 W 32nd Avesingle_family421,610$594,0002026-01-30
7328 W 29th Lnsingle_family421,409$560,0002026-01-28
8885 NW 175th Stsingle_family432,133$825,0002026-01-22
8767 NW 139th Tersingle_family432,732$720,0002026-01-14
10541 W 35th Waysingle_family432,406$680,0002026-01-12
12373 NW 98th Avesingle_family431,724$583,0002026-01-06
3325 W 86th Tersingle_family432,622$650,0002026-01-02
8985 NW 148th Stsingle_family422,167$700,0002025-12-29
8705 NW 150th Tersingle_family432,616$765,0002025-12-19
8714 NW 153rd Tersingle_family432,464$750,0002025-12-05
9182 NW 148th Stsingle_family431,890$1,000,0002025-11-21

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
condo_townhome_rowhome_coop431,240$495,000
10033 NW 126th Tersingle_family431,515$620,000
8875 NW 161st Tersingle_family442,543$1,049,000
16732 NW 89th Plsingle_family432,415$1,185,000
8900 NW 161st Tersingle_family432,847$1,295,000
16012 NW 91st Cttownhomes441,908$624,900
9023 NW 161st Tersingle_family432,847$1,250,000
3567 W 110th Tersingle_family432,012$735,000

10-year hold projection

IRR-1.1%
Equity multiple0.82x
Total return (10yr)$71,370
YearProperty valueNOICash flowLoan balanceEquity
1$860,050$19,215-$34,698$660,757$199,293
2$885,852$19,916-$34,057$653,017$232,834
3$912,427$20,642-$33,393$644,746$267,681
4$939,800$21,392-$32,706$635,906$303,894
5$967,994$22,168-$31,994$626,460$341,534
6$997,034$22,971-$31,258$616,365$380,669
7$1,026,945$23,801-$30,495$605,576$421,369
8$1,057,753$24,659-$29,706$594,047$463,706
9$1,089,486$25,548-$28,890$581,726$507,760
10$1,122,170$26,466-$28,044$568,559$553,612
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.