2262 NW 4th St

Miami, FL 33125 · single_family · For Sale · 266 days on market
Asking price$666,990
6 beds 4 baths 2,802 sqft
View on Realtor.com →
Listed by Raisary Leyva Rodriguez · Martin Realty Group Corp
Typesingle_family
Built1925
Price / sqft$238
Est. value (own analysis)$1,032,453
Rent estimate (own analysis)$7,200/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-12-10
Removed date
MLSMiamiMLS #A11916706
Coordinates25.77626, -80.23237
Address2262 NW 4th St
CityMiami
StateFL
Zip33125
Listing ID6503604878
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33125)

Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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$666,990
Down payment (20.0%)$133,398
Loan amount$533,592
Closing costs (5.0%)$33,350
Total cash to close$166,748
Rent (comp-derived)$7,200$86,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$86,400
Vacancy rate (assumption) assumption8.0%

$86,400 × 8.0% = $6,912

Effective gross income$6,624$79,488
Property tax (placeholder 1.9% of price)$1,056$12,673
Insurance (placeholder 0.8% of price)$445$5,336
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$360$4,320
Total operating expenses$1,861$22,329
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$79,488
Total operating expenses derived$22,329

$79,488 − $22,329 = $57,159

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$533,592
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$533,592 amortized at 6.7% over 30 years = $3,429/mo

CapEx reserve (5.0% of GSR)$360$4,320
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$57,159
Annual debt service derived$41,148
Annual CapEx reserve assumption$4,320
Annual PMI assumption$0

($57,159 − $41,148 − $4,320 − $0) ÷ 12 = $974

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$57,159
Purchase price data$666,990

$57,159 ÷ $666,990 = 8.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$11,691
Total cash to close derived$166,748

$11,691 ÷ $166,748 = 7.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$57,159
Annual debt service derived$41,148

$57,159 ÷ $41,148 = 1.39

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$86,400
Purchase price data$666,990

($86,400 ÷ 12) ÷ $666,990 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$666,990
Gross scheduled rent (annual) comp$86,400

$666,990 ÷ $86,400 = 7.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,329
Effective gross income derived$79,488

$22,329 ÷ $79,488 = 28.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,329
Annual debt service derived$41,148
Annual PMI assumption$0
Gross scheduled rent (annual) comp$86,400

($22,329 + $41,148 + $0) ÷ $86,400 = 73.5%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family643,500$17,0002026-08-13
single_family642,763$6,5002026-08-18
single_family643,218$7,9002026-07-24
single_family631,854$5,3002026-08-26
single_family653,446$30,0002023-02-13
single_family643,078$3,5002026-08-28

1230 NE 89th St

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage3,500
Listed2026-08-13
Days on market

Asking rent: $17,000

View on Zillow →

1435 SW 82nd Pl

Miami, 33144 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage2,763
Listed2026-08-18
Days on market

Asking rent: $6,500

View on Zillow →

6610 SW 104th Ct

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage3,218
Listed2026-07-24
Days on market

Asking rent: $7,900

View on Zillow →

7537 NW 3rd Ave

Miami, 33150 · rent comp

Bedrooms / bathrooms6 bd / 3 ba
Square footage1,854
Listed2026-08-26
Days on market

Asking rent: $5,300

View on Zillow →

9101 N Bayshore Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 5 ba
Square footage3,446
Listed2023-02-13
Days on market

Asking rent: $30,000

View on Zillow →

8880 SW 25th St Unit 8880

Miami, 33165 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage3,078
Listed2026-08-28
Days on market

Asking rent: $3,500

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2850 NW 5th Stsingle_family322,347$828,0002026-08-28
3210 NW 19th Stsingle_family321,553$595,0002026-08-24
3625 NW 13th Stsingle_family311,578$699,0002026-08-12
1135 NW 32nd Ctsingle_family211,295$423,0002026-08-05
3630 NW 4th Tersingle_family311,504$535,0002026-08-03
920 NW 35th Avesingle_family431,353$690,0002026-07-31
3527 NW 17th Stsingle_family211,442$640,0002026-07-31
3310 NW 19th Tersingle_family321,435$580,0002026-07-29
725 NW 24th Ctsingle_family332,595$660,0002026-07-24
2275 NW 4th Stsingle_family322,120$720,0002026-07-23
1918 NW 19th Avesingle_family421,520$660,0002026-07-23
2152 NW 18th Stsingle_family311,464$400,0002026-07-22
3030 NW 5th Stsingle_family211,111$650,0002026-07-13
1291 NW 22nd Avesingle_family311,916$580,0002026-07-13
1644 NW 8th Tersingle_family452,640$1,100,0002026-07-10
3500 NW 14th Tersingle_family221,852$350,0002026-07-07
2810 NW 6th Stsingle_family211,328$570,0002026-06-29
860 NW 18th Plsingle_family321,272$575,0002026-06-24
1538 NW 15th Avesingle_family21810$595,5002026-06-22
1538 NW 15th Avesingle_family21810$595,5002026-06-22
2376 NW 2nd Stsingle_family541,484$860,0002026-06-19
3000 NW 5th Stsingle_family321,966$560,0002026-06-18
2965 NW 1st Stsingle_family431,350$234,0002026-06-16
2760 NW 4th Tersingle_family642,404$745,0002026-06-10
1960 NW 24th Ctsingle_family422,088$635,0002026-06-04
3431 NW 14th Tersingle_family331,870$837,0002026-06-04
2272 NW 4th Stsingle_family211,760$660,0002026-05-27
721 NW 32nd Ctsingle_family31983$460,0002026-05-27
3446 NW 17th Stsingle_family322,427$560,0002026-05-27
1030 NW 30th Avesingle_family211,100$425,0002026-05-26
2400 NW 15th Stsingle_family211,257$525,0002026-05-26
2166 NW 18th Stsingle_family321,586$490,0002026-05-21
3684 NW 19th Tersingle_family21955$400,0002026-05-20
904 NW 15th Avesingle_family322,263$549,0002026-05-18
421 NW 32nd Ctsingle_family421,842$655,0002026-05-18
1051 NW 25th Avesingle_family312,518$800,0002026-05-13
3180 NW 2nd Stsingle_family321,304$698,0002026-05-08
2840 NW 4th Stsingle_family332,346$615,0002026-05-06
831 NW 21st Ctsingle_family22832$390,0002026-05-05
830 NW 30th Ctsingle_family421,915$620,0002026-05-01
1281 NW 31st Avesingle_family321,499$630,0002026-05-01
1648 NW 28th Avesingle_family321,980$545,0002026-04-30
2031 NW South River Drsingle_family332,434$1,005,0002026-04-27
1520 NW 29th Avesingle_family321,430$745,0002026-04-23
431 NW 32nd Ctsingle_family321,492$540,0002026-04-22
2091 NW 14th Stsingle_family423,588$1,500,0002026-04-21
3430 NW 14th Tersingle_family01,884$500,0002026-04-07
46 NW 24th Ctsingle_family442,046$635,0002026-03-31
301 NW 23rd Avesingle_family221,574$445,0002026-03-27
1829 NW 31st Avesingle_family421,998$623,0002026-03-23

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
2231 NW 4th Tersingle_family642,128$749,000
3321 NW 19th Termulti_family642,244$1,180,000
901 NW 22nd Ctmulti_family642,500$995,000
1237 NW 33rd Avemulti_family632,060$795,000
821 NW 36th Avemulti_family632,404$1,040,500
3061 NW 14th Stmulti_family643,158$890,000
1680 NW 22nd Ctmulti_family653,264$1,100,000
605 NW 34th Avemulti_family655,334$1,700,000

10-year hold projection

IRR16.7%
Equity multiple3.54x
Total return (10yr)$510,026
YearProperty valueNOICash flowLoan balanceEquity
1$687,000$57,159$11,691$527,807$159,193
2$707,610$58,986$13,410$521,624$185,986
3$728,838$60,870$15,183$515,017$213,821
4$750,703$62,813$17,013$507,956$242,747
5$773,224$64,818$18,901$500,410$272,814
6$796,421$66,885$20,850$492,346$304,075
7$820,314$69,018$22,860$483,728$336,585
8$844,923$71,218$24,935$474,519$370,404
9$870,271$73,488$27,076$464,677$405,594
10$896,379$75,828$29,285$454,159$442,220
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.