17005 NW 52nd Pl

Miami Gardens, FL 33055 · single_family · Pending — under contract · 96 days on market
Asking price$500,000
3 beds 1 baths 1,846 sqft
View on Realtor.com →
Listed by Joel Freis PA · COMPASS
Typesingle_family
Built1970
Price / sqft$271
Est. value (own analysis)$699,368
Rent estimate (own analysis)$3,150/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-29
Removed date
MLSMiamiMLS #A12026944
Coordinates25.92781, -80.28579
Address17005 NW 52nd Pl
CityMiami Gardens
StateFL
Zip33055
Listing ID6862967148
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$500,000
Down payment (20.0%)$100,000
Loan amount$400,000
Closing costs (5.0%)$25,000
Total cash to close$125,000
Rent (comp-derived)$3,150$37,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,800
Vacancy rate (assumption) assumption8.0%

$37,800 × 8.0% = $3,024

Effective gross income$2,898$34,776
Property tax (placeholder 1.9% of price)$792$9,500
Insurance (placeholder 0.8% of price)$333$4,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$158$1,890
Total operating expenses$1,283$15,390
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,776
Total operating expenses derived$15,390

$34,776 − $15,390 = $19,386

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$400,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$400,000 amortized at 6.7% over 30 years = $2,571/mo

CapEx reserve (5.0% of GSR)$158$1,890
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$19,386
Annual debt service derived$30,846
Annual CapEx reserve assumption$1,890
Annual PMI assumption$0

($19,386 − $30,846 − $1,890 − $0) ÷ 12 = -$1,113

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,386
Purchase price data$500,000

$19,386 ÷ $500,000 = 3.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,350
Total cash to close derived$125,000

-$13,350 ÷ $125,000 = -10.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,386
Annual debt service derived$30,846

$19,386 ÷ $30,846 = 0.63

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,800
Purchase price data$500,000

($37,800 ÷ 12) ÷ $500,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$500,000
Gross scheduled rent (annual) comp$37,800

$500,000 ÷ $37,800 = 13.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,390
Effective gross income derived$34,776

$15,390 ÷ $34,776 = 44.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,390
Annual debt service derived$30,846
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,800

($15,390 + $30,846 + $0) ÷ $37,800 = 122.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,758$3,230
single_family321,263$3,3002026-08-10
single_family321,702$2,9002026-05-18
single_family312,223$3,0002026-08-10
single_family311,824$3,8002026-08-13
single_family311,400$2,4002026-01-14
single_family321,263$3,150
single_family312,204$3,450
single_family321,758$1,7002026-08-29
single_family321,386$3,7002026-08-30
single_family321,600$3,0002026-08-31

3746 NW 201st Ter

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,758
Listed
Days on market

Asking rent: $3,230

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 →

17175 NW 41st Ave Unit 0

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,702
Listed2026-05-18
Days on market

Asking rent: $2,900

View on Zillow →

4722 NW 192nd Ter

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage2,223
Listed2026-08-10
Days on market

Asking rent: $3,000

View on Zillow →

20302 NW 39th Ct Unit 0

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,824
Listed2026-08-13
Days on market

Asking rent: $3,800

View on Zillow →

195 St

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,400
Listed2026-01-14
Days on market

Asking rent: $2,400

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 →

4761 NW 190th St

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage2,204
Listed
Days on market

Asking rent: $3,450

View on Zillow →

37433 NW 201st Ter

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,758
Listed2026-08-29
Days on market

Asking rent: $1,700

View on Zillow →

19205 NW 47th Pl

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,386
Listed2026-08-30
Days on market

Asking rent: $3,700

View on Zillow →

5415 NW 192nd Ln

Miami Gardens, 33055 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,600
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
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

IRR3.1%
Equity multiple1.50x
Total return (10yr)$128,116
YearProperty valueNOICash flowLoan balanceEquity
1$515,000$19,386-$13,350$395,663$119,337
2$530,450$20,045-$12,739$391,028$139,422
3$546,364$20,725-$12,107$386,075$160,288
4$562,754$21,427-$11,454$380,782$181,972
5$579,637$22,153-$10,779$375,126$204,512
6$597,026$22,903-$10,082$369,080$227,946
7$614,937$23,677-$9,361$362,620$252,317
8$633,385$24,476-$8,617$355,716$277,669
9$652,387$25,302-$7,847$348,339$304,048
10$671,958$26,155-$7,052$340,454$331,504
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.