18730 NW 47th Ave

Miami Gardens, FL 33055 · single_family · For Sale · 511 days on market
Asking price$550,000
3 beds 1 baths 1,012 sqft
Suggested offer$383,402$166,598 above the est. market value of $383,402.
View on Realtor.com →
Listed by Maria Del Pilar Nino · United Real Estate Miami
Typesingle_family
Built1970
Price / sqft$543
Est. value (own analysis)$383,402
Rent estimate (own analysis)$3,225/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2025-04-09
Removed date
MLSMiamiMLS #A11781048
Coordinates25.94415, -80.27791
Address18730 NW 47th Ave
CityMiami Gardens
StateFL
Zip33055
Listing ID6685245869
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)

Purchase price$550,000
Down payment (20.0%)$110,000
Loan amount$440,000
Closing costs (5.0%)$27,500
Total cash to close$137,500
Rent (comp-derived)$3,225$38,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,700
Vacancy rate (assumption) assumption8.0%

$38,700 × 8.0% = $3,096

Effective gross income$2,967$35,604
Property tax (placeholder 1.9% of price)$871$10,450
Insurance (placeholder 0.8% of price)$367$4,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$161$1,935
Total operating expenses$1,399$16,785
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,604
Total operating expenses derived$16,785

$35,604 − $16,785 = $18,819

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$440,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$440,000 amortized at 6.7% over 30 years = $2,828/mo

CapEx reserve (5.0% of GSR)$161$1,935
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$18,819
Annual debt service derived$33,931
Annual CapEx reserve assumption$1,935
Annual PMI assumption$0

($18,819 − $33,931 − $1,935 − $0) ÷ 12 = -$1,421

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,819
Purchase price data$550,000

$18,819 ÷ $550,000 = 3.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$17,047
Total cash to close derived$137,500

-$17,047 ÷ $137,500 = -12.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,819
Annual debt service derived$33,931

$18,819 ÷ $33,931 = 0.55

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,700
Purchase price data$550,000

($38,700 ÷ 12) ÷ $550,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$550,000
Gross scheduled rent (annual) comp$38,700

$550,000 ÷ $38,700 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,785
Effective gross income derived$35,604

$16,785 ÷ $35,604 = 47.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,785
Annual debt service derived$33,931
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,700

($16,785 + $33,931 + $0) ÷ $38,700 = 131.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,131$2,975
single_family321,263$3,3002026-08-10
single_family321,152$3,4502026-07-31
single_family321,263$3,150

4921 NW 170th St

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,131
Listed
Days on market

Asking rent: $2,975

View on Zillow →

5202 NW 187th St Unit 0

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,263
Listed2026-08-10
Days on market

Asking rent: $3,300

View on Zillow →

19302 NW 47th Pl Unit 19302

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,152
Listed2026-07-31
Days on market

Asking rent: $3,450

View on Zillow →

5267 NW 186th Ln

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,263
Listed
Days on market

Asking rent: $3,150

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
17430 NW 37th Ctsingle_family321,400$522,0002026-08-31
17545 NW 49th Ctsingle_family332,200$560,0002026-08-24
17155 NW 37th Ctsingle_family321,242$575,0002026-08-24
19031 NW 54th Avesingle_family321,692$570,0002026-08-20
4892 NW 168th Tersingle_family321,477$492,9002026-08-18
17935 NW 48th Ctsingle_family322,484$460,0002026-08-17
17501 NW 41st Avesingle_family321,150$580,0002026-08-13
18425 NW 42nd Plsingle_family321,710$530,0002026-08-13
18530 NW 42nd Avesingle_family321,077$669,0002026-08-12
4481 NW 176th Tersingle_family321,490$575,0002026-08-11
18603 NW 47th Plsingle_family311,058$332,0002026-08-07
17230 NW 56th Avesingle_family31920$400,0002026-07-30
19810 NW 39th Avesingle_family311,125$415,0002026-07-27
5331 NW 170th Tersingle_family311,468$480,0002026-07-23
4320 NW 191st Tersingle_family321,214$565,0002026-07-23
17032 NW 49th Ctsingle_family321,524$565,0002026-07-21
19040 NW 54th Avesingle_family321,692$485,0002026-07-21
3853 NW 209th Stsingle_family321,203$370,0002026-07-21
19825 NW 44th Plsingle_family312,318$385,0002026-07-13
4970 NW 199th Stsingle_family311,315$565,0002026-07-13
3834 NW 209th Stsingle_family311,125$519,0002026-07-10
16835 NW 41st Avesingle_family311,500$392,0002026-07-08
3930 NW 185th Stsingle_family321,296$465,0002026-07-06
4215 NW 197th Stsingle_family311,395$565,0002026-06-30
4410 NW 174th Drsingle_family321,222$630,0002026-06-30
19035 NW 54th Plsingle_family321,635$490,0002026-06-29
19527 NW 50th Ctsingle_family321,397$590,0002026-06-29
17301 NW 41st Avesingle_family311,150$460,0002026-06-29
18420 NW 38th Ctsingle_family321,353$520,0002026-06-26
5335 NW 197th Lnsingle_family321,601$375,0002026-06-24
5203365665single_family321,442$535,0002026-06-18
5505 NW 172nd Tersingle_family312,353$460,0002026-06-16
20731 NW 41st Avenue Rdsingle_family32972$415,0002026-06-12
19820 NW 39th Avesingle_family321,125$590,0002026-06-12
17165 NW 41st Avesingle_family311,546$445,0002026-06-10
4005 NW 195th Stsingle_family321,460$555,0002026-06-08
19730 NW 44th Ctsingle_family321,125$545,0002026-06-03
5452 NW 172nd Tersingle_family31$530,0002026-06-03
4401 NW 193rd Stsingle_family311,104$550,0002026-06-01
18450 NW 56th Plsingle_family321,556$589,5002026-06-01
5511 NW 180th Tersingle_family321,379$540,0002026-05-28
17221 NW 41st Avesingle_family311,150$530,0002026-05-21
18422 NW 42nd Ctsingle_family321,241$529,0002026-05-21
17311 NW 49th Avesingle_family311,208$540,0002026-05-20
17165 NW 41st Avesingle_family321,546$445,0002026-05-18
18765 NW 55th Avesingle_family321,444$520,0002026-05-15
3950 NW 171st Tersingle_family321,150$560,0002026-05-13
4275 NW 197th Stsingle_family311,341$499,0002026-05-11
4210 NW 197th Stsingle_family311,582$480,0002026-05-04
17201 NW 42nd Avesingle_family321,502$615,0002026-04-30

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
17545 NW 49th Ctsingle_family332,200$561,100
20400 NW 38th Ctsingle_family321,135$560,000
18804 NW 46th Avesingle_family321,120$387,000
19367 NW 45th Avetownhomes321,034$380,000
17430 NW 37th Ctsingle_family321,400$512,000
3728 NW 213th Sttownhomes321,162$399,900
4527 NW 191st Tertownhomes321,142$398,000
4441 NW 173rd Drsingle_family321,274$560,000

10-year hold projection

IRR1.9%
Equity multiple1.30x
Total return (10yr)$113,780
YearProperty valueNOICash flowLoan balanceEquity
1$566,500$18,819-$17,047$435,229$131,271
2$583,495$19,468-$16,447$430,131$153,364
3$601,000$20,138-$15,826$424,683$176,317
4$619,030$20,830-$15,185$418,860$200,169
5$637,601$21,545-$14,521$412,638$224,963
6$656,729$22,284-$13,836$405,989$250,740
7$676,431$23,048-$13,127$398,882$277,548
8$696,724$23,836-$12,394$391,288$305,435
9$717,625$24,651-$11,637$383,173$334,453
10$739,154$25,493-$10,854$374,500$364,654
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.