1695 NE 160th St

North Miami Beach, FL 33162 · single_family · For Sale · 89 days on market
Asking price$732,500
2 beds 1 baths 1,376 sqft
Suggested offer$579,886$152,614 above the est. market value of $579,886.
View on Realtor.com →
Listed by Samuel Fugina · Marlin Realty Inc
Typesingle_family
Built1970
Price / sqft$532
Est. value (own analysis)$579,886
Rent estimate (own analysis)$2,850/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-05
Removed date
MLSMiamiMLS #A12031616
Coordinates25.92340, -80.16613
Address1695 NE 160th St
CityNorth Miami Beach
StateFL
Zip33162
Listing ID6730807595
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33162)

Typical home value (ZHVI)$472,330
Typical rent (ZORI)$2,262/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$732,500
Down payment (20.0%)$146,500
Loan amount$586,000
Closing costs (5.0%)$36,625
Total cash to close$183,125
Rent (comp-derived)$2,850$34,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$34,200
Vacancy rate (assumption) assumption8.0%

$34,200 × 8.0% = $2,736

Effective gross income$2,622$31,464
Property tax (placeholder 1.9% of price)$1,160$13,918
Insurance (placeholder 0.8% of price)$488$5,860
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$143$1,710
Total operating expenses$1,791$21,488
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$31,464
Total operating expenses derived$21,488

$31,464 − $21,488 = $9,977

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$586,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$586,000 amortized at 6.7% over 30 years = $3,766/mo

CapEx reserve (5.0% of GSR)$143$1,710
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$9,977
Annual debt service derived$45,189
Annual CapEx reserve assumption$1,710
Annual PMI assumption$0

($9,977 − $45,189 − $1,710 − $0) ÷ 12 = -$3,077

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,977
Purchase price data$732,500

$9,977 ÷ $732,500 = 1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$36,923
Total cash to close derived$183,125

-$36,923 ÷ $183,125 = -20.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,977
Annual debt service derived$45,189

$9,977 ÷ $45,189 = 0.22

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$34,200
Purchase price data$732,500

($34,200 ÷ 12) ÷ $732,500 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$732,500
Gross scheduled rent (annual) comp$34,200

$732,500 ÷ $34,200 = 21.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,488
Effective gross income derived$31,464

$21,488 ÷ $31,464 = 68.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,488
Annual debt service derived$45,189
Annual PMI assumption$0
Gross scheduled rent (annual) comp$34,200

($21,488 + $45,189 + $0) ÷ $34,200 = 195.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family231,300$2,600
single_family221,637$2,8002026-08-14
single_family211,300$2,4002026-05-26
single_family211,184$2,4002026-08-03
single_family21897$2,9002026-08-17
single_family221,316$3,1752026-06-27
single_family221,684$3,0002026-08-11
single_family22900$3,0002026-08-31

155 NE 160th St Unit TH2

Miami, 33162 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,300
Listed
Days on market

Asking rent: $2,600

View on Zillow →

17690 NE 19th Ave Unit 0

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,637
Listed2026-08-14
Days on market

Asking rent: $2,800

View on Zillow →

1301 NE 153rd St Unit 1301

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,300
Listed2026-05-26
Days on market

Asking rent: $2,400

View on Zillow →

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,184
Listed2026-08-03
Days on market

Asking rent: $2,400

View on Zillow →

17150 NE 4th Pl

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage897
Listed2026-08-17
Days on market

Asking rent: $2,900

View on Zillow →

2082 NE 180th St Unit 2082

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,316
Listed2026-06-27
Days on market

Asking rent: $3,175

View on Zillow →

321 NE 170th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,684
Listed2026-08-11
Days on market

Asking rent: $3,000

View on Zillow →

1420 NE 154th Ter

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-08-31
Days on market

Asking rent: $3,000

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
15250 NE 2nd Avesingle_family221,025$465,0002026-08-21
345 NE 168th Stsingle_family21702$195,0002026-08-17
1635 NE 160th Stsingle_family21976$430,0002026-08-14
1991 NE 178th Stsingle_family21880$430,0002026-08-11
651 NE 172nd Stsingle_family212,237$1,449,0002026-08-07
15206 NE 8th Avesingle_family21850$510,0002026-07-24
190 NE 173rd Stsingle_family221,513$700,0002026-07-24
1432 NE 181st Stsingle_family221,356$499,9002026-07-24
1070 NE 158th Stsingle_family21988$470,0002026-07-20
2041 NE 182nd Stsingle_family221,034$510,0002026-07-20
315 NE 160th Tersingle_family211,513$650,0002026-07-16
271 NE 169th Stsingle_family21910$330,0002026-07-10
1960 NE 181st Stsingle_family21786$352,5002026-06-23
1554 NE 154th Tersingle_family21812$329,0002026-06-16
1545 NE 154th Tersingle_family211,040$13,851,0002026-06-10
2148 NE 181st Stsingle_family211,400$590,0002026-06-04
1455 NE 180th Stsingle_family21880$450,0002026-05-28
70 NE 152nd Stsingle_family211,532$520,0002026-05-22
1664 NE 179th Stsingle_family211,254$430,0002026-05-20
17831 NE 13th Avesingle_family211,454$475,0002026-05-11
16065 NE 8th Avesingle_family211,554$360,0002026-04-28
1101 NE 171st Stsingle_family221,378$807,5002026-04-23
17002 NE 3rd Ctsingle_family21855$451,8002026-04-22
1487 NE 179th Stsingle_family211,184$460,0002026-04-15
15725 NE 11th Ctsingle_family211,243$402,0002026-04-14
16101 NE 8th Avesingle_family211,050$500,0002026-04-10
15770 NE 18th Ctsingle_family21830$365,0002026-03-23
1951 NE 178th Stsingle_family211,338$266,0002026-03-16
1870 NE 179th Stsingle_family211,184$395,0002026-02-10
1499 NE 174th Stsingle_family221,676$529,5002026-01-28
1260 NE 155th Stsingle_family221,000$340,0002026-01-16
1340 NE 159th Stsingle_family21871$375,0002026-01-16
275 NE 173rd Stsingle_family221,198$485,0002026-01-14
1101 NE 182nd Stsingle_family211,234$650,0002026-01-05
685 NE 180th Stsingle_family211,634$645,0002025-12-31
28 NE 164th Stsingle_family211,360$530,0002025-12-29
1600 NE 175th Stsingle_family21842$558,0002025-12-12
1980 NE 159th Stsingle_family21805$490,0002025-12-08
1095 NE 155th Stsingle_family211,220$325,0002025-11-25
2039 NE 172nd Stsingle_family221,600$453,0002025-11-25
1460 NE 173rd Stsingle_family211,184$425,0002025-11-18

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
1520 NE 151st St Apt 103townhomes221,075$320,000
1560 NE 151st St Apt 102townhomes221,075$320,000
16901 NE 13th Ave Apt 303condos22960$119,000
1500 NE 151st St Apt 104townhomes221,086$320,000
2040 NE 163rd St Ph 2505condos221,022$1,130,600
2040 NE 163rd St Ph 2511condos22$1,412,300
1355 NE 167th St Apt 115condos21883$109,900
15205 NE 6th Ave Apt D111condos22920$175,000

10-year hold projection

IRR-3.5%
Equity multiple0.41x
Total return (10yr)-$11,933
YearProperty valueNOICash flowLoan balanceEquity
1$754,475$9,977-$36,923$579,647$174,829
2$777,109$10,383-$36,559$572,857$204,253
3$800,423$10,805-$36,181$565,601$234,822
4$824,435$11,242-$35,789$557,846$266,589
5$849,168$11,695-$35,382$549,559$299,609
6$874,643$12,164-$34,960$540,704$333,940
7$900,883$12,651-$34,522$531,239$369,643
8$927,909$13,155-$34,067$521,126$406,784
9$955,746$13,677-$33,596$510,317$445,429
10$984,419$14,218-$33,107$498,766$485,652
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.