57 NW 68th St

Miami, FL 33150 · single_family · Pending — under contract · 41 days on market
Asking price$675,000
5 beds 3 baths 1,968 sqft
View on Realtor.com →
Listed by Horacio Ferrando · Avenew Realty Corp
Typesingle_family
Built1948
Price / sqft$343
Est. value (own analysis)$813,764
Rent estimate (own analysis)$6,675/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-07-23
Removed date
MLSMiamiMLS #A12058610
Coordinates25.83728, -80.19823
Address57 NW 68th St
CityMiami
StateFL
Zip33150
Listing ID6772564527
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33150)

Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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$675,000
Down payment (20.0%)$135,000
Loan amount$540,000
Closing costs (5.0%)$33,750
Total cash to close$168,750
Rent (comp-derived)$6,675$80,100
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$80,100
Vacancy rate (assumption) assumption8.0%

$80,100 × 8.0% = $6,408

Effective gross income$6,141$73,692
Property tax (placeholder 1.9% of price)$1,069$12,825
Insurance (est. scaled by flood & wind risk)$720$8,640
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$334$4,005
Total operating expenses$2,123$25,470
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$73,692
Total operating expenses derived$25,470

$73,692 − $25,470 = $48,222

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$540,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$540,000 amortized at 6.7% over 30 years = $3,470/mo

CapEx reserve (5.0% of GSR)$334$4,005
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$48,222
Annual debt service derived$41,642
Annual CapEx reserve assumption$4,005
Annual PMI assumption$0

($48,222 − $41,642 − $4,005 − $0) ÷ 12 = $215

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$48,222
Purchase price data$675,000

$48,222 ÷ $675,000 = 7.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$2,575
Total cash to close derived$168,750

$2,575 ÷ $168,750 = 1.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$48,222
Annual debt service derived$41,642

$48,222 ÷ $41,642 = 1.16

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$80,100
Purchase price data$675,000

($80,100 ÷ 12) ÷ $675,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$675,000
Gross scheduled rent (annual) comp$80,100

$675,000 ÷ $80,100 = 8.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,470
Effective gross income derived$73,692

$25,470 ÷ $73,692 = 34.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,470
Annual debt service derived$41,642
Annual PMI assumption$0
Gross scheduled rent (annual) comp$80,100

($25,470 + $41,642 + $0) ÷ $80,100 = 83.8%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family531,986$12,9002026-08-20
single_family542,452$21,0002026-08-17
single_family522,184$4,3702026-08-14
single_family542,368$16,0002026-08-12
single_family532,009$5,6002026-08-06
single_family532,592$14,0002026-07-27
single_family541,986$6,5002026-07-08
single_family532,495$6,5002026-07-02
single_family521,747$3,6002026-06-24
single_family542,092$9,5002026-06-16
single_family532,455$6,4002026-05-29
single_family532,588$6,0002026-05-27
single_family532,091$6,9992026-05-11
single_family531,462$5,0002026-04-29
single_family541,334$5,9002026-07-27
single_family531,940$18,0002026-08-25
single_family531,970$6,8502025-10-28
single_family532,189$12,0002026-04-02
single_family542,150$8,5002025-11-25
single_family521,500$4,400
single_family542,470$7,500
single_family531,752$5,800
single_family532,442$6,5002026-08-30
single_family521,898$5,7002026-08-31
single_family542,194$12,5002026-09-01
single_family532,602$9,0002026-09-01

155 NW 51st St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,986
Listed2026-08-20
Days on market

Asking rent: $12,900

View on Zillow →

291 Shore Dr E Unit 0

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,452
Listed2026-08-17
Days on market

Asking rent: $21,000

View on Zillow →

1320 NE 204th St

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage2,184
Listed2026-08-14
Days on market

Asking rent: $4,370

View on Zillow →

1019 NE 87th St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,368
Listed2026-08-12
Days on market

Asking rent: $16,000

View on Zillow →

328 SW 15th Ave

Miami, 33135 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,009
Listed2026-08-06
Days on market

Asking rent: $5,600

View on Zillow →

1830 Chucunantah Rd

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,592
Listed2026-07-27
Days on market

Asking rent: $14,000

View on Zillow →

145 NW 40th St

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,986
Listed2026-07-08
Days on market

Asking rent: $6,500

View on Zillow →

945 NE 176th St

Miami, 33162 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,495
Listed2026-07-02
Days on market

Asking rent: $6,500

View on Zillow →

1101 NW 55th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,747
Listed2026-06-24
Days on market

Asking rent: $3,600

View on Zillow →

1920 SW 67th Ave

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,092
Listed2026-06-16
Days on market

Asking rent: $9,500

View on Zillow →

2555 NE 202nd St

Miami, 33180 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,455
Listed2026-05-29
Days on market

Asking rent: $6,400

View on Zillow →

19960 Highland Lakes Blvd

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,588
Listed2026-05-27
Days on market

Asking rent: $6,000

View on Zillow →

4721 NW 6th Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,091
Listed2026-05-11
Days on market

Asking rent: $6,999

View on Zillow →

4034 NW 23rd Ave Unit 0

Miami, 33142 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,462
Listed2026-04-29
Days on market

Asking rent: $5,000

View on Zillow →

5700 N Miami Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,334
Listed2026-07-27
Days on market

Asking rent: $5,900

View on Zillow →

400 NW 49th St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,940
Listed2026-08-25
Days on market

Asking rent: $18,000

View on Zillow →

19511 NE 18th Pl Unit 0

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,970
Listed2025-10-28
Days on market

Asking rent: $6,850

View on Zillow →

3551 E Glencoe St

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,189
Listed2026-04-02
Days on market

Asking rent: $12,000

View on Zillow →

753 NE 81st St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,150
Listed2025-11-25
Days on market

Asking rent: $8,500

View on Zillow →

113 NW 35th St # 113

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,500
Listed
Days on market

Asking rent: $4,400

View on Zillow →

3823 Thomas Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,470
Listed
Days on market

Asking rent: $7,500

View on Zillow →

2480 NW 87th Ter

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,752
Listed
Days on market

Asking rent: $5,800

View on Zillow →

2216 SW 62nd Ave Unit 0

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,442
Listed2026-08-30
Days on market

Asking rent: $6,500

View on Zillow →

1855 SW 16th Ter

Miami, 33145 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,898
Listed2026-08-31
Days on market

Asking rent: $5,700

View on Zillow →

211 SW 29th Rd

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,194
Listed2026-09-01
Days on market

Asking rent: $12,500

View on Zillow →

19900 NE 21st Ave

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,602
Listed2026-09-01
Days on market

Asking rent: $9,000

View on Zillow →

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
6841 NW 2nd Ctsingle_family431,701$490,0002026-09-01
751 NW 70th Stsingle_family321,372$535,0002026-08-24
9025 NW 9th Ctsingle_family21958$300,0002026-08-18
1086 NW 101st Stsingle_family31946$360,0002026-08-10
943 NW 63rd Stsingle_family311,021$415,0002026-08-10
560 NW 97th Stsingle_family21850$405,0002026-08-07
9100 N Miami Avesingle_family211,367$623,4382026-08-04
9760 NW 8th Avesingle_family211,224$230,0002026-08-04
8012 NW 10th Ctsingle_family211,014$469,0002026-08-03
28 NW 100th Stsingle_family321,976$778,0002026-08-03
768 NW 65th Stsingle_family21994$315,0002026-07-31
430 NW 88th Stsingle_family321,908$1,030,0002026-07-30
360 NW 87th Stsingle_family432,149$1,921,0002026-07-28
8224 NW 1st Plsingle_family431,659$507,5002026-07-28
172 NW 90th Stsingle_family321,697$1,225,0002026-07-27
7740 NW 8th Avesingle_family321,210$409,0002026-07-21
432 NW 103rd Stsingle_family211,046$565,0002026-07-20
5522425293single_family43$620,0002026-07-17
579 NW 102nd Stsingle_family211,052$435,0002026-07-13
470 NW 88th Tersingle_family321,678$1,055,0002026-07-10
783 NW 98th Stsingle_family211,538$460,0002026-07-08
909 NW 76th Stsingle_family532,536$400,0002026-07-02
513 NW 99th Stsingle_family21884$420,0002026-07-02
274 NW 92nd Stsingle_family211,373$799,0002026-07-01
117 NW 102nd Stsingle_family321,393$825,0002026-06-30
440 NW 89th Stsingle_family321,920$580,0002026-06-24
7631 NW 4th Avesingle_family311,070$435,0002026-06-22
1161 NW 105th Tersingle_family421,080$485,0002026-06-22
410 NW 98th Stsingle_family32957$420,0002026-06-22
874 NW 74th Stsingle_family421,817$389,0002026-06-18
6723 NW 6th Avesingle_family321,400$549,0002026-06-12
1129 NW 105th Stsingle_family321,338$340,0002026-06-09
510 NW 105th Stsingle_family321,463$680,0002026-06-08
743 NW 77th Tersingle_family211,023$493,0002026-06-01
156 NW 90th Stsingle_family412,441$1,482,0002026-05-27
545 NW 77th Stsingle_family21955$375,0002026-05-27
25 NW 104th Stsingle_family311,460$785,0002026-05-26
7740 NW 9th Avesingle_family211,354$395,0002026-05-22
118 NW 103rd Stsingle_family321,433$901,0002026-05-21
870 NW 84th Stsingle_family411,419$499,0002026-05-18
935 NW 75th Stsingle_family211,134$240,0002026-05-15
180 NW 69th Stsingle_family211,178$550,0002026-05-13
289 NW 92nd Stsingle_family211,326$885,0002026-05-12
130 NW 102nd Stsingle_family421,373$1,225,0002026-05-11
8700 N Miami Avesingle_family321,500$975,0002026-05-11
1061 NW 87th Stsingle_family321,642$640,0002026-05-06
8980 NW 5th Avesingle_family211,466$420,0002026-05-06
7742 NW 2nd Avesingle_family32852$400,0002026-05-06
9511 NW 5th Avesingle_family321,328$580,0002026-05-05
6940 NW 5th Plsingle_family321,260$505,0002026-05-01

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
7628 NW 2nd Ctmulti_family542,210$649,000
330 NW 82nd Termulti_family531,447$699,000
323 NW 104th Tersingle_family532,049$929,900
1133 NW 79th Termulti_family543,396$980,000
10040 NW 8th Avemulti_family532,119$599,999
1170 NW 87th Stsingle_family542,543$750,000
6228 NW 4th Avemulti_family521,639$625,000
9000 NW 12th Avesingle_family532,768$979,000

10-year hold projection

IRR12.3%
Equity multiple2.91x
Total return (10yr)$410,685
YearProperty valueNOICash flowLoan balanceEquity
1$695,250$48,222$2,575$534,145$161,105
2$716,108$49,796$4,049$527,888$188,219
3$737,591$51,420$5,570$521,202$216,389
4$759,718$53,097$7,142$514,056$245,663
5$782,510$54,827$8,764$506,419$276,091
6$805,985$56,612$10,439$498,259$307,727
7$830,165$58,455$12,168$489,537$340,628
8$855,070$60,356$13,953$480,217$374,853
9$880,722$62,318$15,796$470,257$410,465
10$907,144$64,343$17,699$459,613$447,531
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.