1895 NW 175th St

Miami Gardens, FL 33056 · single_family · For Sale · 91 days on market
Asking price$995,000
5 beds 3 baths 3,168 sqft
View on Realtor.com →
Listed by Fabiola Rojas · RE/MAX Advance Realty II
Typesingle_family
Built1958
Price / sqft$314
Est. value (own analysis)$1,071,069
Rent estimate (own analysis)$3,990/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-03
Removed date
MLSMiamiMLS #A12027934
Coordinates25.93442, -80.23249
Address1895 NW 175th St
CityMiami Gardens
StateFL
Zip33056
Listing ID6843267497
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$995,000
Down payment (20.0%)$199,000
Loan amount$796,000
Closing costs (5.0%)$49,750
Total cash to close$248,750
Rent (comp-derived)$3,990$47,880
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$47,880
Vacancy rate (assumption) assumption8.0%

$47,880 × 8.0% = $3,830

Effective gross income$3,671$44,050
Property tax (placeholder 1.9% of price)$1,575$18,905
Insurance (placeholder 0.8% of price)$663$7,960
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,394
Total operating expenses$2,438$29,259
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,050
Total operating expenses derived$29,259

$44,050 − $29,259 = $14,791

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$796,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$796,000 amortized at 6.7% over 30 years = $5,115/mo

CapEx reserve (5.0% of GSR)$200$2,394
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$14,791
Annual debt service derived$61,384
Annual CapEx reserve assumption$2,394
Annual PMI assumption$0

($14,791 − $61,384 − $2,394 − $0) ÷ 12 = -$4,082

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,791
Purchase price data$995,000

$14,791 ÷ $995,000 = 1.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$48,987
Total cash to close derived$248,750

-$48,987 ÷ $248,750 = -19.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,791
Annual debt service derived$61,384

$14,791 ÷ $61,384 = 0.24

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$47,880
Purchase price data$995,000

($47,880 ÷ 12) ÷ $995,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$995,000
Gross scheduled rent (annual) comp$47,880

$995,000 ÷ $47,880 = 20.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$29,259
Effective gross income derived$44,050

$29,259 ÷ $44,050 = 66.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$29,259
Annual debt service derived$61,384
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,880

($29,259 + $61,384 + $0) ÷ $47,880 = 189.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family521,720$2,9952026-07-12
single_family531,468$3,6802026-05-29
single_family532,118$4,5002026-08-27
single_family521,491$4,3002026-08-26

19424 NW 48th Ave

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,720
Listed2026-07-12
Days on market

Asking rent: $2,995

View on Zillow →

3951 NW 173rd Ter

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,468
Listed2026-05-29
Days on market

Asking rent: $3,680

View on Zillow →

2831 NW 209th Ter

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,118
Listed2026-08-27
Days on market

Asking rent: $4,500

View on Zillow →

160 NW 199th St Unit 1

Miami Gardens, 33169 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,491
Listed2026-08-26
Days on market

Asking rent: $4,300

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
17630 NW 36th Avesingle_family531,870$650,0002026-07-24
3320 NW 172nd Tersingle_family531,614$680,0002026-07-14
3560 NW 212th Stsingle_family531,713$635,0002026-07-13
2980 NW 210th Tersingle_family531,931$615,0002026-07-01
3281 NW 170th Stsingle_family521,568$495,0002026-06-12
3224 NW 181st Stsingle_family531,752$615,0002026-05-20
2840 NW 171st Stsingle_family531,963$645,0002026-03-24
3119 NW 169th Tersingle_family522,715$620,0002026-02-17
2051 NW 179th Stsingle_family544,735$502,5002026-02-13
19320 NW 37th Avesingle_family542,340$650,0002026-01-27
3510 NW 211th Stsingle_family531,416$615,0002026-01-14
2442 NW 170th Stsingle_family531,795$640,0002025-12-26

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
2310 NW 208th Stsingle_family521,494$579,900
3312 NW 182nd Stsingle_family541,392$645,000
2910 NW 175th Stsingle_family53$659,000
17520 NW 17th Avesingle_family533,129$699,999
16920 NW 19th Avesingle_family532,749$849,000
2961 NW 173rd Tersingle_family542,260$685,000
18901 NW 28th Plsingle_family532,379$674,000
17611 NW 32nd Ctsingle_family52915$569,000

10-year hold projection

IRR-3.2%
Equity multiple0.47x
Total return (10yr)-$2,786
YearProperty valueNOICash flowLoan balanceEquity
1$1,024,850$14,791-$48,987$787,370$237,480
2$1,055,596$15,381-$48,457$778,147$277,449
3$1,087,263$15,992-$47,907$768,290$318,973
4$1,119,881$16,625-$47,336$757,757$362,124
5$1,153,478$17,282-$46,745$746,500$406,977
6$1,188,082$17,962-$46,131$734,471$453,611
7$1,223,725$18,666-$45,494$721,615$502,110
8$1,260,436$19,396-$44,834$707,876$552,560
9$1,298,249$20,151-$44,149$693,195$605,055
10$1,337,197$20,934-$43,439$677,504$659,692
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.