17130 NW 42nd Ct

Miami Gardens, FL 33055 · single_family · For Sale · 64 days on market
Asking price$749,900
5 beds 4 baths 1,830 sqft
Suggested offer$580,823$169,077 above the est. market value of $580,823.
View on Realtor.com →
Listed by Jessica Rodriguez · United Realty Group Inc
Typesingle_family
Built1958
Price / sqft$410
Est. value (own analysis)$580,823
Rent estimate (own analysis)$3,990/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-01
Removed date
MLSMiamiMLS #A12046176
Coordinates25.92994, -80.26960
Address17130 NW 42nd Ct
CityMiami Gardens
StateFL
Zip33055
Listing ID6887450873
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$749,900
Down payment (20.0%)$149,980
Loan amount$599,920
Closing costs (5.0%)$37,495
Total cash to close$187,475
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)$1,187$14,248
Insurance (placeholder 0.8% of price)$500$5,999
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,394
Total operating expenses$1,887$22,641
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,050
Total operating expenses derived$22,641

$44,050 − $22,641 = $21,408

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$599,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$599,920 amortized at 6.7% over 30 years = $3,855/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$21,408
Annual debt service derived$46,263
Annual CapEx reserve assumption$2,394
Annual PMI assumption$0

($21,408 − $46,263 − $2,394 − $0) ÷ 12 = -$2,271

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$21,408
Purchase price data$749,900

$21,408 ÷ $749,900 = 2.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$27,249
Total cash to close derived$187,475

-$27,249 ÷ $187,475 = -14.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$21,408
Annual debt service derived$46,263

$21,408 ÷ $46,263 = 0.46

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$749,900

($47,880 ÷ 12) ÷ $749,900 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$749,900
Gross scheduled rent (annual) comp$47,880

$749,900 ÷ $47,880 = 15.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,641
Effective gross income derived$44,050

$22,641 ÷ $44,050 = 51.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,641
Annual debt service derived$46,263
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,880

($22,641 + $46,263 + $0) ÷ $47,880 = 143.9%

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
4513 NW 203rd Tersingle_family521,608$685,0002026-08-31
19100 NW 51st Avesingle_family522,010$610,0002026-08-07
18620 NW 47th Ctsingle_family531,738$685,0002026-07-10
4231 NW 172nd Drsingle_family532,830$450,0002026-06-24
4420 NW 168th Tersingle_family542,462$660,0002026-06-02
19602 NW 37th Ctsingle_family531,658$690,0002026-04-14
17130 NW 51st Plsingle_family532,237$710,0002026-04-07
4480 NW 201st Stsingle_family531,896$690,0002026-04-06
5020 NW 170th Stsingle_family531,012$658,5002026-03-27
18701 NW 39th Ctsingle_family532,527$500,0002026-03-06
20352 NW 39th Ctsingle_family512,160$376,0002026-02-27
18600 NW 42nd Plsingle_family531,645$560,0002025-12-02
4720 NW 179th Stsingle_family522,399$650,0002025-11-18

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
4450 NW 169th Tersingle_family53$699,900
20501 NW 44th Ctsingle_family531,793$669,900
17301 NW 47th Avesingle_family521,753$699,000
4330 NW 203rd Tersingle_family532,178$710,000
17120 NW 43rd Ctsingle_family522,737$600,000
single_family542,890$570,000
19200 NW 44th Avesingle_family522,233$634,999
20630 NW 37th Ctsingle_family531,688$560,000

10-year hold projection

IRR0.4%
Equity multiple1.06x
Total return (10yr)$109,079
YearProperty valueNOICash flowLoan balanceEquity
1$772,397$21,408-$27,249$593,416$178,981
2$795,569$22,164-$26,553$586,464$209,105
3$819,436$22,945-$25,834$579,036$240,400
4$844,019$23,752-$25,089$571,097$272,922
5$869,340$24,586-$24,319$562,613$306,726
6$895,420$25,449-$23,523$553,547$341,873
7$922,282$26,341-$22,699$543,858$378,424
8$949,951$27,262-$21,847$533,504$416,447
9$978,449$28,214-$20,965$522,438$456,011
10$1,007,803$29,199-$20,054$510,613$497,190
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.