1251 NW 190th St
Miami Gardens, FL 33169 · single_family · For Sale · 109 days on market
Asking price$499,000
4 beds 2 baths 2,064 sqft
Listed by Alexis Castillo · Coastal Realty International
Typesingle_family
Built1958
Price / sqft$242
Est. value (own analysis)$708,071
Rent estimate (own analysis)$4,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-16
Removed date—
MLSMiamiMLS #A12020355
Coordinates25.94855, -80.22305
Address1251 NW 190th St
CityMiami Gardens
StateFL
Zip33169
Listing ID6557759904
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $499,000 |
| Down payment (20.0%) | $99,800 |
| Loan amount | $399,200 |
| Closing costs (5.0%) | $24,950 |
| Total cash to close | $124,750 |
| Income | |
| Rent (comp-derived) | $4,000$48,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,680$44,160 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $790$9,481 |
| Insurance (est. scaled by flood & wind risk) | $532$6,387 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,400 |
| Total operating expenses | $1,522$18,268 |
| 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) | $200$2,400 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,491 | $4,300 | — | — | |
| single_family | 4 | 2 | 1,483 | $2,930 | 2026-05-22 | — | |
| single_family | 4 | 3 | 1,795 | $4,000 | 2026-08-04 | — | |
| single_family | 4 | 3 | 1,977 | $4,000 | 2026-06-01 | — | |
| single_family | 4 | 2 | 1,638 | $4,600 | 2026-07-31 | — | |
| single_family | 4 | 2 | 1,829 | $3,900 | — | — | |
| single_family | 4 | 2 | 1,470 | $3,200 | — | — |
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 |
|---|---|---|---|---|---|---|
| 1225 NW 189th Ter | single_family | 4 | 2 | 1,528 | $540,000 | 2026-08-20 |
| 19320 NW 7th Ave | single_family | 4 | 2 | 1,248 | $460,000 | 2026-08-17 |
| 295 NW 189th Ter | single_family | 4 | 2 | 1,395 | $510,000 | 2026-08-14 |
| 365 NW 188th St | single_family | 4 | 2 | 1,323 | $539,000 | 2026-08-13 |
| 580 NW 189th Ter | single_family | 4 | 2 | 1,264 | $545,000 | 2026-08-12 |
| 1315 NW 196th Ter | single_family | 4 | 2 | 1,590 | $550,000 | 2026-08-06 |
| 290 NW 191st St | single_family | 4 | 2 | 1,128 | $390,000 | 2026-08-03 |
| 1081 NW 198th St | single_family | 4 | 3 | 2,110 | $599,000 | 2026-07-27 |
| 1440 NW 179th Ter | single_family | 4 | 2 | 1,588 | $575,000 | 2026-07-24 |
| 20100 NW 14th Ct | single_family | 4 | 1 | 1,014 | $410,000 | 2026-07-22 |
| 19241 NW 6th Ct | single_family | 4 | 2 | 2,400 | $410,000 | 2026-07-17 |
| 661 NW 191st St | single_family | 4 | 2 | 1,402 | $500,000 | 2026-06-26 |
| 360 NW 199th St | single_family | 4 | 3 | 1,125 | $569,000 | 2026-06-23 |
| 1350 NW 189th Ter | single_family | 4 | 3 | 1,884 | $660,000 | 2026-06-08 |
| 911 NW 200th Ter | single_family | 4 | 2 | 1,692 | $595,000 | 2026-06-05 |
| 1320 NW 179th St | single_family | 4 | 2 | 1,445 | $519,000 | 2026-06-02 |
| 860 NW 171st St | single_family | 4 | 3 | 1,118 | $554,000 | 2026-05-29 |
| 18001 NW 14th Ct | single_family | 4 | 2 | 1,972 | $470,000 | 2026-05-22 |
| 19450 NW 6th Ave | single_family | 4 | 2 | 1,196 | $550,000 | 2026-05-19 |
| 1321 NW 171st St | single_family | 4 | 3 | 1,344 | $590,000 | 2026-05-18 |
| 20503 NW 11th Ave | single_family | 4 | 2 | 3,004 | $590,500 | 2026-05-14 |
| 1110 NW 183rd St | single_family | 4 | 2 | 1,851 | $635,000 | 2026-04-27 |
| 1220 NW 190th St | single_family | 4 | 3 | 1,897 | $550,000 | 2026-04-23 |
| 1413 NW 206th St | single_family | 4 | 3 | 1,865 | $495,000 | 2026-04-17 |
| 17800 NW 11th Ave | single_family | 4 | 3 | 2,000 | $600,000 | 2026-04-10 |
| 601 NW 198th St | single_family | 4 | 2 | 2,045 | $605,000 | 2026-04-06 |
| 601 NW 187th St | single_family | 4 | 2 | 1,530 | $549,000 | 2026-04-01 |
| 20606 NW 11th Ct | single_family | 4 | 3 | 1,865 | $570,000 | 2026-03-20 |
| 321 NW 201st St | single_family | 4 | 2 | 2,032 | $612,000 | 2026-03-13 |
| 401 NW 183rd St | single_family | 4 | 2 | 1,761 | $560,000 | 2026-03-06 |
| 17940 NW 13th Ct | single_family | 4 | 3 | 1,379 | $590,000 | 2026-03-05 |
| 20021 NW 14th Ave | single_family | 4 | 2 | 1,350 | $480,000 | 2026-02-27 |
| 18005 NW 7th Ave | single_family | 4 | 2 | 1,419 | $441,000 | 2026-02-23 |
| 5017956229 | single_family | 4 | 2 | 1,989 | $520,000 | 2026-02-11 |
| 1021 NW 195th St | single_family | 4 | 2 | 1,530 | $529,000 | 2026-02-03 |
| 770 NW 184th Dr | single_family | 4 | 3 | 1,885 | $495,000 | 2026-01-16 |
| 1140 NW 193rd St | single_family | 4 | 3 | 1,896 | $670,000 | 2026-01-13 |
| 19611 NW 4th Ave | single_family | 4 | 2 | 1,406 | $550,000 | 2026-01-08 |
| 1220 NW 180th Ter | single_family | 4 | 3 | 2,068 | $610,000 | 2026-01-06 |
| 1672 NW 192nd Ter | single_family | 4 | 3 | 2,877 | $720,000 | 2026-01-05 |
| 722 NW 170th St | single_family | 4 | 2 | 1,519 | $490,000 | 2025-12-30 |
| 20 NW 197th St | single_family | 4 | 3 | 2,007 | $617,000 | 2025-12-26 |
| 17135 NW 12th Ct | single_family | 4 | 2 | 2,155 | $575,000 | 2025-12-23 |
| 30 NW 189th St | single_family | 4 | 2 | 1,547 | $460,000 | 2025-12-18 |
| 19245 NW 12th Ave | single_family | 4 | 2 | 1,561 | $549,000 | 2025-12-15 |
| 45 NW 158th St | single_family | 4 | 5 | — | $1,705,250 | 2025-12-10 |
| 19110 N Miami Ave | single_family | 4 | 3 | 1,879 | $565,000 | 2025-12-04 |
| 830 NW 173rd Ter | single_family | 4 | 4 | 2,640 | $619,500 | 2025-12-03 |
| 19710 NW 11th Ct | single_family | 4 | 3 | 2,234 | $513,000 | 2025-12-01 |
| 551 NW 183rd St | single_family | 4 | 3 | 1,550 | $518,000 | 2025-11-27 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 152 NW 165th St | single_family | 4 | 4 | 2,888 | $2,200,000 | — |
| 300 S Biscayne River Dr | single_family | 4 | 3 | 2,225 | $849,990 | — |
| 360 NW 179th Ter | single_family | 4 | 3 | 1,310 | $450,000 | — |
| 17950 NW 6th Ct | single_family | 4 | 3 | 1,459 | $529,000 | — |
| 881 NW 177th Ter | single_family | 4 | 2 | 1,275 | $575,000 | — |
| 21431 NW 13th Ct Apt 116 | townhomes | 4 | 3 | 1,691 | $400,000 | — |
| 21105 NW 14th Pl Unit 4 | condos | 4 | 3 | 1,716 | $429,999 | — |
| 701 NW 176th Ter | single_family | 4 | 2 | 1,368 | $585,000 | — |
10-year hold projection
IRR6.7%
Equity multiple2.06x
Total return (10yr)$197,888
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $513,970 | $25,892 | -$7,293 | $394,872 | $119,098 |
| 2 | $529,389 | $26,760 | -$6,485 | $390,246 | $139,143 |
| 3 | $545,271 | $27,656 | -$5,650 | $385,303 | $159,968 |
| 4 | $561,629 | $28,582 | -$4,787 | $380,021 | $181,608 |
| 5 | $578,478 | $29,538 | -$3,896 | $374,375 | $204,103 |
| 6 | $595,832 | $30,525 | -$2,975 | $368,342 | $227,490 |
| 7 | $613,707 | $31,544 | -$2,024 | $361,895 | $251,812 |
| 8 | $632,118 | $32,596 | -$1,041 | $355,005 | $277,113 |
| 9 | $651,082 | $33,683 | -$26 | $347,642 | $303,440 |
| 10 | $670,614 | $34,804 | $1,023 | $339,773 | $330,841 |
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.