155 NW 191st St

Miami Gardens, FL 33169 · single_family · For Sale · 37 days on market
Asking price$525,000
3 beds 2 baths 1,083 sqft
Suggested offer$370,267$154,733 above the est. market value of $370,267.
View on Realtor.com →
Listed by Andres Morales · Coldwell Banker Realty
Typesingle_family
Built1954
Price / sqft$485
Est. value (own analysis)$370,267
Rent estimate (own analysis)$3,200/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-27
Removed date
MLSMiamiMLS #A12060557
Coordinates25.95019, -80.20441
Address155 NW 191st St
CityMiami Gardens
StateFL
Zip33169
Listing ID6417541371
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33169)

Typical home value (ZHVI)$471,445
Typical rent (ZORI)$2,193/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$525,000
Down payment (20.0%)$105,000
Loan amount$420,000
Closing costs (5.0%)$26,250
Total cash to close$131,250
Rent (comp-derived)$3,200$38,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,400
Vacancy rate (assumption) assumption8.0%

$38,400 × 8.0% = $3,072

Effective gross income$2,944$35,328
Property tax (placeholder 1.9% of price)$831$9,975
Insurance (placeholder 0.8% of price)$350$4,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$160$1,920
Total operating expenses$1,341$16,095
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,328
Total operating expenses derived$16,095

$35,328 − $16,095 = $19,233

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$420,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$420,000 amortized at 6.7% over 30 years = $2,699/mo

CapEx reserve (5.0% of GSR)$160$1,920
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$19,233
Annual debt service derived$32,388
Annual CapEx reserve assumption$1,920
Annual PMI assumption$0

($19,233 − $32,388 − $1,920 − $0) ÷ 12 = -$1,256

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,233
Purchase price data$525,000

$19,233 ÷ $525,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,075
Total cash to close derived$131,250

-$15,075 ÷ $131,250 = -11.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,233
Annual debt service derived$32,388

$19,233 ÷ $32,388 = 0.59

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,400
Purchase price data$525,000

($38,400 ÷ 12) ÷ $525,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$525,000
Gross scheduled rent (annual) comp$38,400

$525,000 ÷ $38,400 = 13.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,095
Effective gross income derived$35,328

$16,095 ÷ $35,328 = 45.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,095
Annual debt service derived$32,388
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,400

($16,095 + $32,388 + $0) ÷ $38,400 = 126.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,310$3,0002026-08-20
single_family321,077$3,200
single_family321,250$3,4002026-08-30
single_family321,070$2,9002026-08-01
single_family311,333$2,9752025-08-23
single_family321,197$3,3502026-05-06
single_family331,344$3,900
single_family321,305$3,600
single_family321,440$2,900

17830 NW 14th Pl

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,310
Listed2026-08-20
Days on market

Asking rent: $3,000

View on Zillow →

620 NW 186th St

Miami, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,077
Listed
Days on market

Asking rent: $3,200

View on Zillow →

170 NW 158th St

North Miami Beach, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,250
Listed2026-08-30
Days on market

Asking rent: $3,400

View on Zillow →

18331 NW 2nd Ct

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,070
Listed2026-08-01
Days on market

Asking rent: $2,900

View on Zillow →

17200 NW 11th Ave

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,333
Listed2025-08-23
Days on market

Asking rent: $2,975

View on Zillow →

1410 NW 199th St

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,197
Listed2026-05-06
Days on market

Asking rent: $3,350

View on Zillow →

20378 NW 6th Ave

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,344
Listed
Days on market

Asking rent: $3,900

View on Zillow →

18011 NW 6th Pl

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,305
Listed
Days on market

Asking rent: $3,600

View on Zillow →

17337 NW 7th Ave # 408

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,440
Listed
Days on market

Asking rent: $2,900

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
950 NW 175th Stsingle_family322,005$444,0002026-08-31
18910 NW 11th Avesingle_family321,984$550,0002026-08-31
21105 NW Miami Ctsingle_family321,666$425,0002026-08-28
780 NW 179th Stsingle_family321,319$400,0002026-08-26
19531 NW 1st Plsingle_family321,429$580,0002026-08-24
400 NW 184th Ter Unit 400single_family321,291$470,0002026-08-21
1220 NW 189th Tersingle_family311,215$455,0002026-08-18
770 NW 175th Drsingle_family321,250$500,0002026-08-14
1020 NW 197th Tersingle_family321,273$580,0002026-08-14
21440 N Miami Avesingle_family321,125$450,0002026-08-14
1311 NW 196th Stsingle_family321,596$360,0002026-08-07
20131 NW 14th Plsingle_family311,272$420,0002026-07-28
17202 NW 9th Ctsingle_family321,688$575,0002026-07-27
1321 NW 176th Tersingle_family321,300$415,0002026-07-27
1261 NW 172nd Stsingle_family311,113$412,0002026-07-23
1440 NW 207th Stsingle_family322,200$585,0002026-07-21
580 NW 194th Tersingle_family31960$490,0002026-07-21
17132 NW 9th Ctsingle_family321,425$405,0002026-07-20
18612 NW 10th Ctsingle_family311,632$470,0002026-07-17
1491 NW 196th Stsingle_family321,610$430,0002026-07-16
19731 NW 12th Avesingle_family321,819$520,0002026-07-10
121 NW 188th Stsingle_family321,454$450,0002026-07-07
1531 NW 182nd Stsingle_family321,740$610,0002026-06-29
1300 NW 174th Stsingle_family321,366$545,0002026-06-26
1031 NW 202nd Stsingle_family321,474$550,0002026-06-26
801 S Biscayne River Drsingle_family322,470$840,0002026-06-26
20211 NW 4th Avesingle_family321,560$580,0002026-06-22
20054 NW 12th Plsingle_family331,632$560,0002026-06-18
17811 NW 12th Ctsingle_family331,607$555,0002026-06-18
18810 NW 8th Ctsingle_family321,880$445,0002026-06-18
1260 NW 178th Tersingle_family321,475$470,0002026-06-12
18640 NW 11th Rdsingle_family321,200$335,0002026-06-12
19800 NW Miami Ctsingle_family321,613$575,0002026-06-11
20120 NW 11th Ctsingle_family321,511$550,0002026-06-10
1331 NW 176th Tersingle_family321,104$437,5002026-06-09
19415 NW 7th Ctsingle_family321,152$350,0002026-06-09
19800 NW 5th Avesingle_family321,416$572,9002026-06-09
19620 NW 5th Ctsingle_family321,694$549,8332026-05-29
51 NW 161st Stsingle_family321,144$419,0002026-05-28
18020 NW 2nd Plsingle_family311,092$320,0002026-05-22
1380 NW 171st Stsingle_family321,301$560,0002026-05-21
18981 NW 7th Avesingle_family321,192$420,0002026-05-21
20130 NW 15th Avesingle_family321,222$430,0002026-05-20
18000 NW 6th Ctsingle_family321,118$471,0002026-05-06
781 NW 183rd Drsingle_family311,734$479,0002026-05-05
665 NW 153rd Stsingle_family311,269$430,0002026-05-02
19620 NW 6th Ctsingle_family321,455$470,0002026-04-28
1090 NW 197th Tersingle_family311,262$542,0002026-04-28
811 NW 196th Tersingle_family322,640$525,0002026-04-27
541 NW 193rd Stsingle_family321,104$480,0002026-04-27

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
488 NW 165th St Rd Apt B512condos321,175$185,000
19615 NW 14th Avesingle_family321,479$639,000
400 NW 184th Ter Unit 400single_family321,291$470,000
140 NW 164th Sttownhomes32$549,900
142 NW 164th Sttownhomes32$549,900
136 NW 164th Sttownhomes32$549,900
138 NW 164th Sttownhomes32$549,900
19720 NW 12th Ctsingle_family322,167$599,000

10-year hold projection

IRR2.5%
Equity multiple1.41x
Total return (10yr)$122,362
YearProperty valueNOICash flowLoan balanceEquity
1$540,750$19,233-$15,075$415,446$125,304
2$556,973$19,890-$14,466$410,580$146,393
3$573,682$20,570-$13,836$405,379$168,302
4$590,892$21,271-$13,185$399,822$191,071
5$608,619$21,996-$12,512$393,882$214,737
6$626,877$22,745-$11,816$387,535$239,342
7$645,684$23,518-$11,097$380,752$264,932
8$665,054$24,317-$10,354$373,503$291,551
9$685,006$25,142-$9,585$365,756$319,250
10$705,556$25,995-$8,792$357,478$348,078
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.