8453 NW 4th Ct Unit 8453
Miami, FL 33150 · condos · For Sale · 349 days on market
Asking price$220,000
4 beds 3 baths 1,660 sqft
Listed by Itai Tsanaani · Folio360 Group, LLC.
Typecondos
Built1958
Price / sqft$133
Est. value (own analysis)$238,174
Rent estimate (own analysis)$5,100/mo
HOA$431/mo
1 / 12
Show every detail
Statusfor_sale
Listed date2025-09-19
Removed date—
MLSMiamiMLS #A11881468
Coordinates25.85134, -80.20208
Address8453 NW 4th Ct Unit 8453
CityMiami
StateFL
Zip33150
Listing ID6439035561
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $220,000 |
| Down payment (20.0%) | $44,000 |
| Loan amount | $176,000 |
| Closing costs (5.0%) | $11,000 |
| Total cash to close | $55,000 |
| Income | |
| Rent (comp-derived) | $5,100$61,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,692$56,304 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $348$4,180 |
| Insurance (placeholder 0.8% of price) | $147$1,760 |
| HOA dues | $431$5,172 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $255$3,060 |
| Total operating expenses | $1,181$14,172 |
| 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) | $255$3,060 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| condos | 4 | 3 | 1,739 | $5,700 | 2026-08-18 | — | |
| condos | 4 | 6 | 2,216 | $15,900 | 2026-08-14 | — | |
| condos | 4 | 4 | 2,007 | $12,750 | 2026-08-13 | — | |
| condos | 4 | 4 | 1,841 | $11,000 | 2026-08-12 | — | |
| condos | 4 | 5 | 1,871 | $11,500 | 2026-08-11 | — | |
| apartment | 4 | 2 | 1,270 | $2,800 | 2026-07-22 | — | |
| apartment | 4 | 2 | 1,270 | $2,800 | 2026-08-05 | — | |
| condos | 4 | 5 | 2,232 | $12,000 | 2026-07-17 | — | |
| apartment | 4 | 3 | 1,595 | $4,200 | 2026-07-14 | — | |
| apartment | 4 | 4 | 2,204 | $10,250 | 2026-07-14 | — | |
| apartment | 4 | 4 | 2,190 | $5,500 | 2026-07-09 | — | |
| apartment | 4 | 2 | 2,100 | $3,000 | 2026-07-02 | — | |
| apartment | 4 | 2 | 1,500 | $3,400 | 2026-06-23 | — | |
| apartment | 4 | 2 | 1,300 | $2,800 | 2026-06-19 | — | |
| condos | 4 | 4 | 2,201 | $11,500 | 2026-06-09 | — | |
| condos | 4 | 4 | 1,347 | $3,495 | 2026-06-04 | — | |
| condos | 4 | 4 | 1,660 | $2,600 | 2026-05-30 | — | |
| apartment | 4 | 2 | 1,500 | $2,750 | 2026-08-23 | — | |
| apartment | 4 | 2 | 1,886 | $6,300 | 2026-05-13 | — | |
| apartment | 4 | 3 | 1,785 | $5,100 | 2026-05-07 | — | |
| apartment | 4 | 3 | 2,124 | $5,300 | 2026-05-04 | — | |
| apartment | 4 | 2 | 1,320 | $3,000 | 2026-04-30 | — | |
| condos | 4 | 3 | 2,133 | $7,965 | 2026-04-30 | — | |
| apartment | 4 | 3 | 2,120 | $3,400 | 2026-08-03 | — | |
| apartment | 4 | 4 | 1,750 | $4,800 | 2026-08-02 | — | |
| apartment | 4 | 2 | 2,027 | $3,600 | 2026-07-29 | — | |
| apartment | 4 | 4 | 1,440 | $6,500 | 2026-08-24 | — | |
| condos | 4 | 5 | 1,871 | $11,000 | 2026-08-25 | — | |
| condos | 4 | 5 | 2,024 | $8,500 | 2026-07-30 | — | |
| condos | 4 | 4 | 1,977 | $18,000 | 2026-01-27 | — | |
| apartment | 4 | 2 | 1,120 | $3,250 | 2026-04-21 | — | |
| apartment | 4 | 4 | 1,750 | $1,213 | 2026-08-22 | — | |
| apartment | 4 | 2 | 1,260 | $3,250 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 457 NW 84th St Unit 457 | condos | 3 | 2 | 1,150 | $165,000 | 2026-05-22 |
| 8301 NW 5th Ave Unit 8301 | condos | 4 | 2 | 1,410 | $170,000 | 2026-04-10 |
| 8459 NW 4th Ct Unit 8459 | condos | 2 | 1 | 930 | $202,950 | 2025-12-05 |
| 429 NW 83rd St Unit 429 | condos | 4 | 3 | 1,660 | $223,800 | 2025-10-06 |
| 8448 NW 4 Unit 8448 | condos | 2 | 1 | 930 | $205,000 | 2025-10-06 |
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 |
|---|---|---|---|---|---|---|
| 414 NW 84th Ter Unit 414 | townhomes | 4 | 2 | 1,410 | $248,000 | — |
| 460 NW 82nd Ter | single_family | 4 | 3 | 1,738 | $579,000 | — |
| 948 NW 84th Ter | single_family | 4 | 2 | 1,360 | $550,000 | — |
| 7770 NW 9th Ave | multi_family | 4 | 2 | 1,342 | $560,000 | — |
| 8454 NW 4th Ave Unit 8454 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 8440 NW 4th Ave Unit 8440 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 836 NW 98th St | multi_family | 4 | 2 | 1,482 | $599,000 | — |
| 578 NW 97th St | single_family | 4 | 2 | 1,368 | $530,000 | — |
10-year hold projection
IRR51.7%
Equity multiple8.09x
Total return (10yr)$418,544
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $226,600 | $42,132 | $25,500 | $174,092 | $52,508 |
| 2 | $233,398 | $43,467 | $26,758 | $172,053 | $61,345 |
| 3 | $240,400 | $44,843 | $28,056 | $169,873 | $70,527 |
| 4 | $247,612 | $46,263 | $29,396 | $167,544 | $80,068 |
| 5 | $255,040 | $47,727 | $30,778 | $165,056 | $89,985 |
| 6 | $262,692 | $49,237 | $32,203 | $162,396 | $100,296 |
| 7 | $270,572 | $50,795 | $33,674 | $159,553 | $111,019 |
| 8 | $278,689 | $52,401 | $35,191 | $156,516 | $122,174 |
| 9 | $287,050 | $54,057 | $36,756 | $153,270 | $133,781 |
| 10 | $295,662 | $55,765 | $38,371 | $149,800 | $145,861 |
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.