1220 and 1222 NW 30th St
Miami, FL 33142 · multi_family · For Sale · 149 days on market
Asking price$1,450,000
8 beds 4 baths 3,456 sqft
Suggested offer$835,004$614,996 above the est. market value of $835,004.
View on Realtor.com →Listed by Taylor Defazio · Douglas Elliman - 5555 Biscayne Blvd
Typemulti_family
Built2024
Price / sqft$420
Est. value (own analysis)$835,004
Rent estimate (building total, own analysis)$8,675/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-04-06
Removed date—
MLSMiamiMLS #A11991600
Coordinates25.80459, -80.21596
Address1220 and 1222 NW 30th St
CityMiami
StateFL
Zip33142
Listing ID6329051174
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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 | $1,450,000 |
| Down payment (20.0%) | $290,000 |
| Loan amount | $1,160,000 |
| Closing costs (5.0%) | $72,500 |
| Total cash to close | $362,500 |
| Income | |
| Rent (estimate) | $8,675$104,095 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,981$95,767 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,296$27,550 |
| Insurance (est. scaled by flood & wind risk) | $1,547$18,560 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $434$5,205 |
| Total operating expenses | $4,276$51,315 |
| 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) | $434$5,205 |
| 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 |
|---|---|---|---|---|---|---|
| 4024 NW 23rd Ct | multi_family | 8 | 6 | 3,720 | $800,000 | 2026-02-09 |
| 2515 NW 52nd St Apt 1 | multi_family | 8 | 4 | 3,151 | $845,000 | 2025-12-19 |
| 1202 NW 61st St Apt 4 | multi_family | 8 | 4 | 3,824 | $731,250 | 2025-12-16 |
| 1920 NW 29th St | multi_family | 8 | 8 | 4,490 | $5,375,000 | 2025-12-03 |
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 |
|---|---|---|---|---|---|---|
| 1629 NW 40th St | multi_family | 8 | 6 | — | $969,900 | — |
| 1627 NW 40th St | single_family | 8 | 6 | — | $969,900 | — |
| 3527 NW 34th St | multi_family | 8 | 4 | 1,818 | $770,000 | — |
| 1286 NW 59th St | multi_family | 8 | 4 | 3,596 | $1,080,000 | — |
| 2835 NW 22nd Ave | multi_family | 8 | 4 | 4,421 | $1,149,000 | — |
| 3165 NW 61st St | multi_family | 8 | 6 | 2,894 | $950,000 | — |
| 2986 NW 26th St | multi_family | 8 | 6 | 3,768 | $1,200,000 | — |
| 1565 NW 47th St | multi_family | 8 | 4 | 2,245 | $995,000 | — |
10-year hold projection
IRR0.9%
Equity multiple1.14x
Total return (10yr)$241,478
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,493,500 | $44,452 | -$50,206 | $1,147,423 | $346,077 |
| 2 | $1,538,305 | $46,043 | -$48,746 | $1,133,982 | $404,323 |
| 3 | $1,584,454 | $47,687 | -$47,235 | $1,119,619 | $464,835 |
| 4 | $1,631,988 | $49,387 | -$45,672 | $1,104,269 | $527,719 |
| 5 | $1,680,947 | $51,145 | -$44,054 | $1,087,865 | $593,083 |
| 6 | $1,731,376 | $52,962 | -$42,380 | $1,070,334 | $661,042 |
| 7 | $1,783,317 | $54,842 | -$40,648 | $1,051,600 | $731,717 |
| 8 | $1,836,817 | $56,784 | -$38,856 | $1,031,579 | $805,238 |
| 9 | $1,891,921 | $58,793 | -$37,002 | $1,010,183 | $881,738 |
| 10 | $1,948,679 | $60,869 | -$35,084 | $987,318 | $961,360 |
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.