3260 NW 179th St

Miami Gardens, FL 33056 · single_family · Pending — under contract · 57 days on market
Asking price$449,990
6 beds 3 baths 1,529 sqft
View on Realtor.com →
Listed by Myles Battle · Lifestyle International Realty
Typesingle_family
Built1955
Price / sqft$294
Est. value (own analysis)$562,550
Rent estimate (Zillow ZIP avg)$2,700/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-07
Removed date
MLSMiamiMLS #A12049234
Coordinates25.93672, -80.25482
Address3260 NW 179th St
CityMiami Gardens
StateFL
Zip33056
Listing ID6596218357
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33056)

Median sale price$550,000
Median days on market (sale)37
Active sale listings131
Median rent$2,700/mo
Median days on market (rent)49
Active rental listings90
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33056 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$449,990
Down payment (20.0%)$89,998
Loan amount$359,992
Closing costs (5.0%)$22,500
Total cash to close$112,498
Rent (ZIP avg, ZORI — not bedroom-specific)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$712$8,550
Insurance (placeholder 0.8% of price)$300$3,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$1,147$13,770
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$13,770

$29,808 − $13,770 = $16,038

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$359,992
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$359,992 amortized at 6.7% over 30 years = $2,313/mo

CapEx reserve (5.0% of GSR)$135$1,620
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$16,038
Annual debt service derived$27,761
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($16,038 − $27,761 − $1,620 − $0) ÷ 12 = -$1,112

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,038
Purchase price data$449,990

$16,038 ÷ $449,990 = 3.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,343
Total cash to close derived$112,498

-$13,343 ÷ $112,498 = -11.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,038
Annual debt service derived$27,761

$16,038 ÷ $27,761 = 0.58

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$449,990

($32,400 ÷ 12) ÷ $449,990 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$449,990
Gross scheduled rent (annual) comp$32,400

$449,990 ÷ $32,400 = 13.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,770
Effective gross income derived$29,808

$13,770 ÷ $29,808 = 46.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,770
Annual debt service derived$27,761
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($13,770 + $27,761 + $0) ÷ $32,400 = 128.2%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
3260 NW 179th Stsingle_family631,529$425,0002026-09-01
2765 NW 212th Stsingle_family421,150$565,0002026-08-26
3030 NW 176th Stsingle_family32988$436,0002026-08-26
2741 NW 172nd Tersingle_family321,415$585,0002026-08-25
3512 NW 176th Tersingle_family321,100$524,0002026-08-21
1890 NW 204th Stsingle_family421,652$540,5002026-08-21
20370 NW 32nd Avesingle_family421,381$500,0002026-08-21
3010 NW 186th Tersingle_family431,490$597,5002026-08-19
2320 NW 191st Tersingle_family421,728$580,0002026-08-17
3221 NW 182nd Stsingle_family421,289$590,0002026-08-14
18815 NW 37th Avesingle_family321,701$530,0002026-08-13
2225 NW 195th Stsingle_family321,392$600,0002026-08-12
21221 NW 29th Avesingle_family421,786$595,0002026-08-10
2950 NW 173rd Tersingle_family31988$317,5002026-08-07
17311 NW 24th Ctsingle_family311,272$529,0002026-08-07
5305511614single_family321,125$355,0002026-08-05
2831 NW 189th Stsingle_family321,430$650,0002026-08-04
17211 NW 37th Avesingle_family311,208$355,0002026-07-31
3260 NW 209th Tersingle_family21780$390,0002026-07-31
1805 NW 189th Tersingle_family321,555$550,0002026-07-30
20400 NW 25th Avesingle_family321,508$530,0002026-07-28
17011 NW 33rd Ctsingle_family312,387$690,0002026-07-27
2221 NW 170th Stsingle_family321,274$529,0002026-07-27
17630 NW 36th Avesingle_family531,870$650,0002026-07-24
18440 NW 28th Plsingle_family321,346$510,0002026-07-24
18813 NW 32nd Avesingle_family321,144$465,0002026-07-23
2980 NW 170th Stsingle_family311,225$430,0002026-07-23
2831 NW 190th Stsingle_family321,582$545,0002026-07-22
2250 NW 170th Stsingle_family321,334$529,0002026-07-21
20901 NW 27th Ctsingle_family421,575$540,0002026-07-17
2860 NW 207th Stsingle_family421,890$519,9002026-07-16
3001 NW 170th Stsingle_family431,541$570,0002026-07-16
3320 NW 172nd Tersingle_family531,614$680,0002026-07-14
20103 NW 27th Cirsingle_family32870$415,0002026-07-14
3560 NW 212th Stsingle_family531,713$635,0002026-07-13
19244 NW 30th Ctsingle_family311,000$400,0002026-07-13
21131 NW 30th Ctsingle_family631,794$519,0002026-07-10
19720 NW 33rd Avesingle_family321,104$540,0002026-07-09
3440 NW 209th Tersingle_family31888$380,0002026-07-06
17351 NW 29th Avesingle_family411,208$580,0002026-07-02
2980 NW 210th Tersingle_family531,931$615,0002026-07-01
17701 NW 32nd Ctsingle_family31864$400,0002026-06-30
2850 NW 205th Stsingle_family421,104$384,9002026-06-29
2010 NW 185th Tersingle_family321,250$459,9002026-06-26
19458 NW 28th Plsingle_family321,365$385,0002026-06-26
2210 NW 175th Stsingle_family321,635$382,5002026-06-23
3522 NW 193rd Stsingle_family321,304$325,0002026-06-23
18830 NW 29th Plsingle_family321,340$465,0002026-06-22
3610 NW 171st Stsingle_family42$575,0002026-06-22
2530 NW 204th Stsingle_family211,260$635,0002026-06-18

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
single_family641,148$599,000
15700 NW 37th Plmulti_family642,664$720,000
2890 NW 160th Stsingle_family641,468$590,000
3930 NW 187th Stsingle_family632,318$714,900
20623 NW 11th Avesingle_family643,572$810,000
20551 NW 7th Ctsingle_family643,379$750,000
1236 NW 208th Stsingle_family642,968$888,888
19700 NW 6th Plsingle_family641,977$750,000

10-year hold projection

IRR2.3%
Equity multiple1.37x
Total return (10yr)$100,039
YearProperty valueNOICash flowLoan balanceEquity
1$463,490$16,038-$13,343$356,089$107,401
2$477,394$16,588-$12,833$351,918$125,477
3$491,716$17,156-$12,306$347,460$144,256
4$506,468$17,744-$11,762$342,696$163,772
5$521,662$18,350-$11,199$337,605$184,056
6$537,312$18,976-$10,617$332,165$205,147
7$553,431$19,624-$10,016$326,351$227,080
8$570,034$20,292-$9,394$320,137$249,897
9$587,135$20,983-$8,752$313,497$273,638
10$604,749$21,696-$8,088$306,401$298,348
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.