3930 NW 187th St
Miami Gardens, FL 33055 · single_family · For Sale · 19 days on market
Asking price$714,900
6 beds 3 baths 2,318 sqft
Listed by Ariel Lopez · Island Living Realty, Llc
Typesingle_family
Built1962
Price / sqft$308
Est. value (own analysis)$857,220
Rent estimate (Zillow ZIP avg)$3,196/mo
HOANone
1 / 36
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Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12071490
Coordinates25.94353, -80.26647
Address3930 NW 187th St
CityMiami Gardens
StateFL
Zip33055
Listing ID6563312530
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33055)
Typical home value (ZHVI)$504,739
Typical rent (ZORI)$3,196/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 | $714,900 |
| Down payment (20.0%) | $142,980 |
| Loan amount | $571,920 |
| Closing costs (5.0%) | $35,745 |
| Total cash to close | $178,725 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,196$38,353 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,940$35,285 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,132$13,583 |
| Insurance (placeholder 0.8% of price) | $477$5,719 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $160$1,918 |
| Total operating expenses | $1,768$21,220 |
| 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) | $160$1,918 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 17430 NW 37th Ct | single_family | 3 | 2 | 1,400 | $522,000 | 2026-08-31 |
| 4513 NW 203rd Ter | single_family | 5 | 2 | 1,608 | $685,000 | 2026-08-31 |
| 19631 NW 45th Ave | single_family | 4 | 2 | 1,473 | $690,000 | 2026-08-28 |
| 17930 NW 42nd Pl | single_family | 4 | 3 | 1,599 | $680,000 | 2026-08-24 |
| 17545 NW 49th Ct | single_family | 3 | 3 | 2,200 | $560,000 | 2026-08-24 |
| 17155 NW 37th Ct | single_family | 3 | 2 | 1,242 | $575,000 | 2026-08-24 |
| 19031 NW 54th Ave | single_family | 3 | 2 | 1,692 | $570,000 | 2026-08-20 |
| 4892 NW 168th Ter | single_family | 3 | 2 | 1,477 | $492,900 | 2026-08-18 |
| 17935 NW 48th Ct | single_family | 3 | 2 | 2,484 | $460,000 | 2026-08-17 |
| 17501 NW 41st Ave | single_family | 3 | 2 | 1,150 | $580,000 | 2026-08-13 |
| 18425 NW 42nd Pl | single_family | 3 | 2 | 1,710 | $530,000 | 2026-08-13 |
| 5631 NW 174th Dr | single_family | 4 | 2 | 1,170 | $565,000 | 2026-08-13 |
| 18530 NW 42nd Ave | single_family | 3 | 2 | 1,077 | $669,000 | 2026-08-12 |
| 4481 NW 176th Ter | single_family | 3 | 2 | 1,490 | $575,000 | 2026-08-11 |
| 18603 NW 47th Pl | single_family | 3 | 1 | 1,058 | $332,000 | 2026-08-07 |
| 19100 NW 51st Ave | single_family | 5 | 2 | 2,010 | $610,000 | 2026-08-07 |
| 18510 NW 42nd Pl | single_family | 4 | 3 | 1,259 | $690,000 | 2026-08-07 |
| 18825 NW 52nd Ct | single_family | 4 | 2 | 1,652 | $435,000 | 2026-08-06 |
| 18520 NW 42nd Pl | single_family | 4 | 3 | 1,655 | $698,000 | 2026-08-06 |
| 17230 NW 56th Ave | single_family | 3 | 1 | 920 | $400,000 | 2026-07-30 |
| 19810 NW 39th Ave | single_family | 3 | 1 | 1,125 | $415,000 | 2026-07-27 |
| 5331 NW 170th Ter | single_family | 3 | 1 | 1,468 | $480,000 | 2026-07-23 |
| 4320 NW 191st Ter | single_family | 3 | 2 | 1,214 | $565,000 | 2026-07-23 |
| 17032 NW 49th Ct | single_family | 3 | 2 | 1,524 | $565,000 | 2026-07-21 |
| 19040 NW 54th Ave | single_family | 3 | 2 | 1,692 | $485,000 | 2026-07-21 |
| 3853 NW 209th St | single_family | 3 | 2 | 1,203 | $370,000 | 2026-07-21 |
| 19825 NW 44th Pl | single_family | 3 | 1 | 2,318 | $385,000 | 2026-07-13 |
| 4970 NW 199th St | single_family | 3 | 1 | 1,315 | $565,000 | 2026-07-13 |
| 5540 NW 180th Ter | single_family | 4 | 2 | 1,650 | $589,000 | 2026-07-10 |
| 3834 NW 209th St | single_family | 3 | 1 | 1,125 | $519,000 | 2026-07-10 |
| 18620 NW 47th Ct | single_family | 5 | 3 | 1,738 | $685,000 | 2026-07-10 |
| 16835 NW 41st Ave | single_family | 3 | 1 | 1,500 | $392,000 | 2026-07-08 |
| 3930 NW 185th St | single_family | 3 | 2 | 1,296 | $465,000 | 2026-07-06 |
| 4215 NW 197th St | single_family | 3 | 1 | 1,395 | $565,000 | 2026-06-30 |
| 4410 NW 174th Dr | single_family | 3 | 2 | 1,222 | $630,000 | 2026-06-30 |
| 19035 NW 54th Pl | single_family | 3 | 2 | 1,635 | $490,000 | 2026-06-29 |
| 19527 NW 50th Ct | single_family | 3 | 2 | 1,397 | $590,000 | 2026-06-29 |
| 17301 NW 41st Ave | single_family | 3 | 1 | 1,150 | $460,000 | 2026-06-29 |
| 18700 NW 44th Ct | single_family | 4 | 2 | 2,032 | $455,000 | 2026-06-26 |
| 18420 NW 38th Ct | single_family | 3 | 2 | 1,353 | $520,000 | 2026-06-26 |
| 4231 NW 172nd Dr | single_family | 5 | 3 | 2,830 | $450,000 | 2026-06-24 |
| 5335 NW 197th Ln | single_family | 3 | 2 | 1,601 | $375,000 | 2026-06-24 |
| 5203365665 | single_family | 3 | 2 | 1,442 | $535,000 | 2026-06-18 |
| 5505 NW 172nd Ter | single_family | 3 | 1 | 2,353 | $460,000 | 2026-06-16 |
| 4750 NW 191st St | single_family | 4 | 2 | 2,234 | $565,000 | 2026-06-16 |
| 17101 NW 47th Ave | single_family | 4 | 2 | 2,020 | $600,000 | 2026-06-12 |
| 20731 NW 41st Avenue Rd | single_family | 3 | 2 | 972 | $415,000 | 2026-06-12 |
| 19820 NW 39th Ave | single_family | 3 | 2 | 1,125 | $590,000 | 2026-06-12 |
| 3970 NW 186th St | single_family | 4 | 2 | 1,512 | $384,000 | 2026-06-11 |
| 17165 NW 41st Ave | single_family | 3 | 1 | 1,546 | $445,000 | 2026-06-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 1,148 | $599,000 | — | |
| 15700 NW 37th Pl | multi_family | 6 | 4 | 2,664 | $720,000 | — |
| 2890 NW 160th St | single_family | 6 | 4 | 1,468 | $590,000 | — |
| 3260 NW 179th St | single_family | 6 | 3 | 1,529 | $449,990 | — |
| 20623 NW 11th Ave | single_family | 6 | 4 | 3,572 | $810,000 | — |
| 20551 NW 7th Ct | single_family | 6 | 4 | 3,379 | $750,000 | — |
| 1236 NW 208th St | single_family | 6 | 4 | 2,968 | $888,888 | — |
| 19700 NW 6th Pl | single_family | 6 | 4 | 1,977 | $750,000 | — |
10-year hold projection
IRR-2.0%
Equity multiple0.67x
Total return (10yr)$35,250
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $736,347 | $14,065 | -$31,956 | $565,719 | $170,628 |
| 2 | $758,437 | $14,593 | -$31,476 | $559,092 | $199,345 |
| 3 | $781,191 | $15,140 | -$30,979 | $552,011 | $229,180 |
| 4 | $804,626 | $15,705 | -$30,464 | $544,443 | $260,184 |
| 5 | $828,765 | $16,291 | -$29,930 | $536,355 | $292,410 |
| 6 | $853,628 | $16,897 | -$29,377 | $527,712 | $325,916 |
| 7 | $879,237 | $17,524 | -$28,804 | $518,475 | $360,762 |
| 8 | $905,614 | $18,172 | -$28,211 | $508,604 | $397,010 |
| 9 | $932,782 | $18,844 | -$27,597 | $498,055 | $434,727 |
| 10 | $960,766 | $19,538 | -$26,960 | $486,782 | $473,984 |
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.