9000 NW 12th Ave

Miami, FL 33150 · single_family · For Sale · 148 days on market
Asking price$979,000
5 beds 3 baths 2,768 sqft
View on Realtor.com →
Listed by Andrea Camporesi · LoKation® Real Estate
Typesingle_family
Built1954
Price / sqft$354
Est. value (own analysis)$1,144,563
Rent estimate (own analysis)$11,400/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-08
Removed date
MLSMiamiMLS #A11996942
Coordinates25.85708, -80.21780
Address9000 NW 12th Ave
CityMiami
StateFL
Zip33150
Listing ID6832062310
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$979,000
Down payment (20.0%)$195,800
Loan amount$783,200
Closing costs (5.0%)$48,950
Total cash to close$244,750
Rent (comp-derived)$11,400$136,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$136,800
Vacancy rate (assumption) assumption8.0%

$136,800 × 8.0% = $10,944

Effective gross income$10,488$125,856
Property tax (placeholder 1.9% of price)$1,550$18,601
Insurance (est. scaled by flood & wind risk)$1,142$13,706
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$570$6,840
Total operating expenses$3,262$39,147
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$125,856
Total operating expenses derived$39,147

$125,856 − $39,147 = $86,709

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$783,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$783,200 amortized at 6.7% over 30 years = $5,033/mo

CapEx reserve (5.0% of GSR)$570$6,840
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$86,709
Annual debt service derived$60,397
Annual CapEx reserve assumption$6,840
Annual PMI assumption$0

($86,709 − $60,397 − $6,840 − $0) ÷ 12 = $1,623

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$86,709
Purchase price data$979,000

$86,709 ÷ $979,000 = 8.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$19,472
Total cash to close derived$244,750

$19,472 ÷ $244,750 = 8.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$86,709
Annual debt service derived$60,397

$86,709 ÷ $60,397 = 1.44

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$136,800
Purchase price data$979,000

($136,800 ÷ 12) ÷ $979,000 = 1.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$979,000
Gross scheduled rent (annual) comp$136,800

$979,000 ÷ $136,800 = 7.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$39,147
Effective gross income derived$125,856

$39,147 ÷ $125,856 = 31.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$39,147
Annual debt service derived$60,397
Annual PMI assumption$0
Gross scheduled rent (annual) comp$136,800

($39,147 + $60,397 + $0) ÷ $136,800 = 72.8%

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_family533,002$12,0002026-08-19
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_family533,558$10,8002026-07-25
single_family541,986$6,5002026-07-08
single_family533,174$7,9952026-07-06
single_family532,495$6,5002026-07-02
single_family543,200$17,5002026-07-01
single_family553,010$14,3002026-06-26
single_family543,029$24,5002026-06-17
single_family543,114$16,0002026-06-17
single_family542,092$9,5002026-06-16
single_family532,455$6,4002026-05-29
single_family553,721$21,5002026-05-27
single_family532,588$6,0002026-05-27
single_family553,600$25,0002026-05-18
single_family553,470$45,0002026-05-15
single_family532,091$6,9992026-05-11
single_family553,593$8,5002026-08-03
single_family531,940$18,0002026-08-25
single_family531,970$6,8502025-10-28
single_family532,189$12,0002026-04-02
single_family543,275$10,0002025-11-16
single_family563,115$30,0002026-01-12
single_family553,698$25,0002025-11-17
single_family542,150$8,5002025-11-25
single_family532,702$5,500
single_family553,629$25,000
single_family543,160$21,0002026-08-27
single_family542,470$7,500
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 →

5801 SW 44th Ter

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,002
Listed2026-08-19
Days on market

Asking rent: $12,000

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 →

244 SW 28th Rd Unit 0

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,558
Listed2026-07-25
Days on market

Asking rent: $10,800

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 →

1535 SW 13th St

Miami, 33145 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,174
Listed2026-07-06
Days on market

Asking rent: $7,995

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 →

3545 Florida Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,200
Listed2026-07-01
Days on market

Asking rent: $17,500

View on Zillow →

30 NE 44th St

Miami, 33137 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,010
Listed2026-06-26
Days on market

Asking rent: $14,300

View on Zillow →

1074 NE Little River Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,029
Listed2026-06-17
Days on market

Asking rent: $24,500

View on Zillow →

3326 Elizabeth St

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,114
Listed2026-06-17
Days on market

Asking rent: $16,000

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 →

3741 Kumquat Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,721
Listed2026-05-27
Days on market

Asking rent: $21,500

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 →

1141 NE 90th St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,600
Listed2026-05-18
Days on market

Asking rent: $25,000

View on Zillow →

1941 NE 196th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,470
Listed2026-05-15
Days on market

Asking rent: $45,000

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 →

10125 NW 75th Ter

Miami, 33178 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,593
Listed2026-08-03
Days on market

Asking rent: $8,500

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 →

1961 NE 188th St

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,275
Listed2025-11-16
Days on market

Asking rent: $10,000

View on Zillow →

2560 NE 199th St

Miami, 33180 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage3,115
Listed2026-01-12
Days on market

Asking rent: $30,000

View on Zillow →

2760 Brickell Ct Unit 2760

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,698
Listed2025-11-17
Days on market

Asking rent: $25,000

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 →

19244 NE 9th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,702
Listed
Days on market

Asking rent: $5,500

View on Zillow →

3782 El Prado Blvd Unit 1

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,629
Listed
Days on market

Asking rent: $25,000

View on Zillow →

3596 Main Hwy

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,160
Listed2026-08-27
Days on market

Asking rent: $21,000

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 →

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
57 NW 68th Stsingle_family531,968$675,000
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

10-year hold projection

IRR17.5%
Equity multiple3.65x
Total return (10yr)$776,906
YearProperty valueNOICash flowLoan balanceEquity
1$1,008,370$86,709$19,472$774,708$233,662
2$1,038,621$89,506$22,098$765,634$272,987
3$1,069,780$92,392$24,809$755,936$313,844
4$1,101,873$95,369$27,607$745,572$356,301
5$1,134,929$98,441$30,494$734,496$400,433
6$1,168,977$101,610$33,475$722,660$446,317
7$1,204,047$104,880$36,551$710,012$494,035
8$1,240,168$108,254$39,726$696,494$543,674
9$1,277,373$111,734$43,003$682,048$595,325
10$1,315,694$115,324$46,385$666,610$649,084
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.