8221 NW 34th Dr

Doral, FL 33122 · single_family · For Sale · 118 days on market
Asking price$1,890,000
4 beds 4 baths 3,753 sqft
Suggested offer$1,505,935$384,065 above the est. market value of $1,505,935.
View on Realtor.com →
Listed by Andres F Sanchez · Avenew Realty Corp
Typesingle_family
Built2015
Price / sqft$504
Est. value (Zillow ZIP avg)$1,505,935
Rent estimate (own analysis)$7,200/mo
HOA$575/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-07
Removed date
MLSMiamiMLS #A12015202
Coordinates25.80642, -80.32980
Address8221 NW 34th Dr
CityDoral
StateFL
Zip33122
Listing ID6538574147
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33122)

Typical home value (ZHVI)$1,505,935
Typical rent (ZORI)$2,728/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$1,890,000
Down payment (20.0%)$378,000
Loan amount$1,512,000
Closing costs (5.0%)$94,500
Total cash to close$472,500
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)$2,993$35,910
Insurance (placeholder 0.8% of price)$1,260$15,120
HOA dues$575$6,900
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$360$4,320
Total operating expenses$5,188$62,250
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$79,488
Total operating expenses derived$62,250

$79,488 − $62,250 = $17,238

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$1,512,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,512,000 amortized at 6.7% over 30 years = $9,717/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$17,238
Annual debt service derived$116,598
Annual CapEx reserve assumption$4,320
Annual PMI assumption$0

($17,238 − $116,598 − $4,320 − $0) ÷ 12 = -$8,640

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,238
Purchase price data$1,890,000

$17,238 ÷ $1,890,000 = 0.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$103,680
Total cash to close derived$472,500

-$103,680 ÷ $472,500 = -21.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,238
Annual debt service derived$116,598

$17,238 ÷ $116,598 = 0.15

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$1,890,000

($86,400 ÷ 12) ÷ $1,890,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,890,000
Gross scheduled rent (annual) comp$86,400

$1,890,000 ÷ $86,400 = 21.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$62,250
Effective gross income derived$79,488

$62,250 ÷ $79,488 = 78.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$62,250
Annual debt service derived$116,598
Annual PMI assumption$0
Gross scheduled rent (annual) comp$86,400

($62,250 + $116,598 + $0) ÷ $86,400 = 207.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family443,753$10,0002026-08-20
single_family442,937$8,5502026-08-13
single_family442,863$6,550
single_family443,053$5,0002026-05-28
single_family443,008$7,9002026-06-08
single_family443,053$6,5002026-04-27
single_family442,650$5,8002026-05-08
single_family432,580$6,1002026-07-16
single_family422,635$6,2502026-08-04
single_family443,128$7,8992026-04-29
single_family432,548$7,2002026-07-14
single_family432,548$5,4002026-06-09
single_family443,781$7,8002026-02-02
single_family432,456$10,5002026-06-02
single_family442,650$6,5002026-06-18
single_family443,624$9,5002026-04-30
single_family433,162$11,9002026-07-07
single_family442,648$5,700
single_family453,495$7,500

8221 NW 34th Dr

Doral, 33122 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,753
Listed2026-08-20
Days on market

Asking rent: $10,000

View on Zillow →

8286 NW 51st Ter

Doral, 33166 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,937
Listed2026-08-13
Days on market

Asking rent: $8,550

View on Zillow →

4363 NW 81st Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,863
Listed
Days on market

Asking rent: $6,550

View on Zillow →

10919 NW 80th Ln

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,053
Listed2026-05-28
Days on market

Asking rent: $5,000

View on Zillow →

8551 NW 110th Ave Unit 8551

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,008
Listed2026-06-08
Days on market

Asking rent: $7,900

View on Zillow →

11480 NW 82th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,053
Listed2026-04-27
Days on market

Asking rent: $6,500

View on Zillow →

8640 NW 101st Pl

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,650
Listed2026-05-08
Days on market

Asking rent: $5,800

View on Zillow →

10956 NW 73rd St Unit 10956

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,580
Listed2026-07-16
Days on market

Asking rent: $6,100

View on Zillow →

5230 NW 104th Ct

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,635
Listed2026-08-04
Days on market

Asking rent: $6,250

View on Zillow →

9830 NW 86th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,128
Listed2026-04-29
Days on market

Asking rent: $7,899

View on Zillow →

10057 NW 88th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,548
Listed2026-07-14
Days on market

Asking rent: $7,200

View on Zillow →

8858 NW 101st Pl

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,548
Listed2026-06-09
Days on market

Asking rent: $5,400

View on Zillow →

10250 NW 76th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,781
Listed2026-02-02
Days on market

Asking rent: $7,800

View on Zillow →

4499 NW 93rd Doral Ct

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,456
Listed2026-06-02
Days on market

Asking rent: $10,500

View on Zillow →

8605 NW 102nd Ct

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,650
Listed2026-06-18
Days on market

Asking rent: $6,500

View on Zillow →

9915 NW 75th St Unit 9915

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,624
Listed2026-04-30
Days on market

Asking rent: $9,500

View on Zillow →

11310 NW 61st St

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,162
Listed2026-07-07
Days on market

Asking rent: $11,900

View on Zillow →

11336 NW 47th Ln

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,648
Listed
Days on market

Asking rent: $5,700

View on Zillow →

9895 NW 87th Ave

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,495
Listed
Days on market

Asking rent: $7,500

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.

No recent recorded sales cached yet for this ZIP.

Widened to city-wide. 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
4605 NW 83rd Pathsingle_family442,163$865,000
4318 NW 81st Avesingle_family443,077$1,380,000
4745 NW 83rd Pkwytownhomes431,652$740,000
8267 NW 48th Stsingle_family442,844$1,500,000
8143 NW 47th Tersingle_family453,995$1,999,999
4356 NW 80th Avesingle_family442,158$995,000
4963 NW 83rd Path Unit 4963townhomes442,163$875,000
4346 NW 81st Avesingle_family442,863$1,050,000

10-year hold projection

IRR-4.7%
Equity multiple0.21x
Total return (10yr)-$125,466
YearProperty valueNOICash flowLoan balanceEquity
1$1,946,700$17,238-$103,680$1,495,607$451,093
2$2,005,101$18,066-$102,960$1,478,087$527,014
3$2,065,254$18,927-$102,210$1,459,365$605,889
4$2,127,212$19,822-$101,428$1,439,357$687,855
5$2,191,028$20,752-$100,615$1,417,975$773,053
6$2,256,759$21,718-$99,768$1,395,125$861,634
7$2,324,462$22,722-$98,886$1,370,706$953,756
8$2,394,195$23,765-$97,969$1,344,609$1,049,586
9$2,466,021$24,847-$97,014$1,316,721$1,149,300
10$2,540,002$25,972-$96,021$1,286,918$1,253,084
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.