2956 NW 49th St

Miami, FL 33142 · single_family · For Sale · 140 days on market
Asking price$360,000
2 beds 1 baths 936 sqft
View on Realtor.com →
Listed by Karla Guadamuz-Davis · I Love Mi Casa Realty Llc
Typesingle_family
Built1949
Price / sqft$385
Est. value (own analysis)$378,444
Rent estimate (own analysis)$2,400/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-04-15
Removed date
MLSBeachesMLS #F10543388
Coordinates25.81915, -80.24381
Address2956 NW 49th St
CityMiami
StateFL
Zip33142
Listing ID6594033362
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33142)

Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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$360,000
Down payment (20.0%)$72,000
Loan amount$288,000
Closing costs (5.0%)$18,000
Total cash to close$90,000
Rent (comp-derived)$2,400$28,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$28,800
Vacancy rate (assumption) assumption8.0%

$28,800 × 8.0% = $2,304

Effective gross income$2,208$26,496
Property tax (placeholder 1.9% of price)$570$6,840
Insurance (placeholder 0.8% of price)$240$2,880
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$120$1,440
Total operating expenses$930$11,160
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,496
Total operating expenses derived$11,160

$26,496 − $11,160 = $15,336

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$288,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$288,000 amortized at 6.7% over 30 years = $1,851/mo

CapEx reserve (5.0% of GSR)$120$1,440
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$15,336
Annual debt service derived$22,209
Annual CapEx reserve assumption$1,440
Annual PMI assumption$0

($15,336 − $22,209 − $1,440 − $0) ÷ 12 = -$693

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,336
Purchase price data$360,000

$15,336 ÷ $360,000 = 4.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,313
Total cash to close derived$90,000

-$8,313 ÷ $90,000 = -9.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,336
Annual debt service derived$22,209

$15,336 ÷ $22,209 = 0.69

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$28,800
Purchase price data$360,000

($28,800 ÷ 12) ÷ $360,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$360,000
Gross scheduled rent (annual) comp$28,800

$360,000 ÷ $28,800 = 12.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$11,160
Effective gross income derived$26,496

$11,160 ÷ $26,496 = 42.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$11,160
Annual debt service derived$22,209
Annual PMI assumption$0
Gross scheduled rent (annual) comp$28,800

($11,160 + $22,209 + $0) ÷ $28,800 = 115.9%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family21872$2,4002026-08-18
single_family21680$1,8952026-06-18
single_family21850$2,6002026-08-03
single_family21900$2,4002026-07-29
single_family211,000$2,2252026-03-14
single_family21947$2,1502026-08-21
single_family221,100$3,200

2978 NW 52nd St

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage872
Listed2026-08-18
Days on market

Asking rent: $2,400

View on Zillow →

1524 NW 42nd St Unit B

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage680
Listed2026-06-18
Days on market

Asking rent: $1,895

View on Zillow →

1436 NW 52nd St Unit 0

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage850
Listed2026-08-03
Days on market

Asking rent: $2,600

View on Zillow →

1345 NW 28th St # 2

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage900
Listed2026-07-29
Days on market

Asking rent: $2,400

View on Zillow →

2428 NW 28th St Unit Rear

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,000
Listed2026-03-14
Days on market

Asking rent: $2,225

View on Zillow →

1851 NW 51st Ter

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage947
Listed2026-08-21
Days on market

Asking rent: $2,150

View on Zillow →

3504 NW 19th Ave

Miami, 33142 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,100
Listed
Days on market

Asking rent: $3,200

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1810 NW 55th Stsingle_family21994$250,0002026-08-21
1745 NW 49th Stsingle_family21908$365,0002026-08-06
1485 NW 57th Stsingle_family21844$419,0002026-07-31
1844 NW 50th Stsingle_family21900$280,0002026-07-28
5224 NW 24th Ctsingle_family21624$220,0002026-07-24
1846 NW 49th Stsingle_family21860$480,0002026-07-17
2944 NW 44th Stsingle_family211,181$370,0002026-07-17
1431 NW 30th Stsingle_family211,026$405,0002026-07-16
2915 NW 60th Stsingle_family21672$364,9002026-07-13
5171 NW 19th Avesingle_family21796$514,0002026-07-13
2156 NW 32nd Stsingle_family211,020$275,0002026-07-09
1621 NW 55th Stsingle_family21962$425,0002026-06-09
2490 NW 59th Stsingle_family21936$390,0002026-06-09
3151 NW 59th Stsingle_family211,220$474,9002026-06-05
1838 NW 57th Stsingle_family211,641$340,0002026-05-29
2642 NW 24th Avesingle_family221,008$540,0002026-05-22
1850 NW 53rd Stsingle_family21811$445,3602026-05-18
2655 NW 14th Avesingle_family21762$305,0002026-05-12
3143 NW 59th Stsingle_family21540$330,0002026-04-29
2931 NW 26th Stsingle_family22950$410,0002026-04-20
1972 NW 59th Stsingle_family22624$235,0002026-04-15
1745 NW 47th Stsingle_family211,380$420,0002026-04-14
1748 NW 57th Stsingle_family21795$345,0002026-04-10
1249 NW 42nd Stsingle_family21754$360,0002026-04-06
2945 NW 27th Stsingle_family22625$350,0002026-04-02
3041 NW 51st Stsingle_family211,008$485,0002026-03-27
1524 NW 24th Stsingle_family211,000$480,0002026-03-13
3238 NW 50th Stsingle_family21841$342,0002026-03-03
3121 NW 45th Stsingle_family22756$330,0002026-03-02
1391 NW 56th Stsingle_family212,000$600,0002026-02-09
1776 NW 43rd Stsingle_family211,410$345,0002026-01-30
1860 NW 59th Stsingle_family21638$366,0002026-01-21
2110 NW 22nd Ctsingle_family21841$439,8002026-01-14
1750 NW 52nd Stsingle_family21981$350,0002025-12-22
2733 NW 60th Stsingle_family211,052$365,2002025-12-16
3319 NW 34th Stsingle_family211,175$275,0002025-12-16
2435 NW 24th Ctsingle_family211,467$625,0002025-12-01
1760 NW 45th Stsingle_family211,488$103,0002025-11-26
1843 NW 51st Tersingle_family22942$405,0002025-11-17
1483 NW 58th Stsingle_family22940$385,0002025-10-31
1465 NW 29th Stsingle_family21932$420,0002025-10-28
2248 NW 51st Tersingle_family21980$316,0002025-10-24
1304 NW 43rd Stsingle_family211,120$345,0002025-10-24
1720 NW 30th Stsingle_family21774$290,0002025-10-24
2757 NW 29th Stsingle_family221,261$550,0002025-10-16
2462 NW 56th Stsingle_family21676$55,0002025-10-14
1785 NW 52nd Stsingle_family21946$280,0002025-10-09
5530 NW 23rd Avesingle_family21896$215,0002025-10-07
1360 NW 41st Stsingle_family211,488$645,0002025-09-26
2237 NW 58th Stsingle_family21920$220,0002025-09-18

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
2340 NW 15th Avemulti_family222,139$620,000
3102 NW 31st Stsingle_family211,140$475,000
1855 NW 32nd Stsingle_family211,716$570,000
3156 NW 55th Stsingle_family21464$339,900
2001 NW 51st Stsingle_family211,104$430,000
1400 NW 55th Stmulti_family221,120$599,900
1530 NW 55th Stsingle_family21792$429,000
1280 NW 51st Stsingle_family211,200$375,000

10-year hold projection

IRR4.2%
Equity multiple1.67x
Total return (10yr)$107,175
YearProperty valueNOICash flowLoan balanceEquity
1$370,800$15,336-$8,313$284,877$85,923
2$381,924$15,852-$7,833$281,540$100,384
3$393,382$16,385-$7,338$277,974$115,408
4$405,183$16,935-$6,825$274,163$131,020
5$417,339$17,503-$6,296$270,090$147,248
6$429,859$18,090-$5,749$265,738$164,121
7$442,755$18,695-$5,184$261,086$181,668
8$456,037$19,321-$4,600$256,116$199,922
9$469,718$19,967-$3,997$250,803$218,915
10$483,810$20,634-$3,374$245,126$238,684
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.