7770 NW 9th Ave
Miami, FL 33150 · multi_family · For Sale · 28 days on market
Asking price$560,000
4 beds 2 baths 1,342 sqft
Suggested offer$536,395$23,605 above the est. market value of $536,395.
View on Realtor.com →Listed by Bryan Ozuna · Real Estate Sales Force
Typemulti_family
Built1936
Price / sqft$417
Est. value (own analysis)$536,395
Rent estimate (building total, own analysis)$2,917/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-05
Removed date—
MLSMiamiMLS #A12066067
Coordinates25.84603, -80.21268
Address7770 NW 9th Ave
CityMiami
StateFL
Zip33150
Listing ID6906496429
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $560,000 |
| Down payment (20.0%) | $112,000 |
| Loan amount | $448,000 |
| Closing costs (5.0%) | $28,000 |
| Total cash to close | $140,000 |
| Income | |
| Rent (estimate) | $2,917$35,009 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,684$32,208 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $887$10,640 |
| Insurance (est. scaled by flood & wind risk) | $597$7,168 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $146$1,750 |
| Total operating expenses | $1,630$19,558 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $146$1,750 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| multi_family | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6810 NW 2nd Ct | multi_family | 4 | 2 | 2,102 | $590,000 | 2026-08-07 |
| 15 NW 70th St | multi_family | 4 | 2 | 1,555 | $510,000 | 2026-06-16 |
| 50 NW 71st St Apt 4 | multi_family | 4 | 4 | 1,600 | $740,000 | 2026-06-02 |
| 1064 NW 103rd St | multi_family | 4 | 3 | 1,792 | $570,000 | 2026-06-02 |
| 6720 NW 4th Ave | multi_family | 4 | 1 | 1,320 | $537,500 | 2026-03-11 |
| 1052 NW 103rd St | multi_family | 4 | 2 | 1,740 | $580,000 | 2026-03-11 |
| 244 NW 73rd Ter | multi_family | 4 | 3 | 2,105 | $969,000 | 2026-02-11 |
| 6844 NW 5th Ave | multi_family | 4 | 2 | 1,400 | $565,000 | 2025-12-02 |
| 9162284355 | multi_family | 4 | 2 | 1,326 | $530,000 | 2025-09-08 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 414 NW 84th Ter Unit 414 | townhomes | 4 | 2 | 1,410 | $248,000 | — |
| 460 NW 82nd Ter | single_family | 4 | 3 | 1,738 | $579,000 | — |
| 948 NW 84th Ter | single_family | 4 | 2 | 1,360 | $550,000 | — |
| 8454 NW 4th Ave Unit 8454 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 8440 NW 4th Ave Unit 8440 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 836 NW 98th St | multi_family | 4 | 2 | 1,482 | $599,000 | — |
| 578 NW 97th St | single_family | 4 | 2 | 1,368 | $530,000 | — |
| 428 NW 97th St | multi_family | 4 | 2 | 1,353 | $599,000 | — |
10-year hold projection
IRR-1.3%
Equity multiple0.79x
Total return (10yr)$44,305
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $576,800 | $12,650 | -$23,649 | $443,143 | $133,657 |
| 2 | $594,104 | $13,127 | -$23,215 | $437,952 | $156,152 |
| 3 | $611,927 | $13,621 | -$22,766 | $432,404 | $179,523 |
| 4 | $630,285 | $14,132 | -$22,300 | $426,476 | $203,809 |
| 5 | $649,193 | $14,662 | -$21,818 | $420,141 | $229,053 |
| 6 | $668,669 | $15,209 | -$21,319 | $413,370 | $255,299 |
| 7 | $688,729 | $15,776 | -$20,801 | $406,135 | $282,595 |
| 8 | $709,391 | $16,363 | -$20,265 | $398,403 | $310,989 |
| 9 | $730,673 | $16,970 | -$19,710 | $390,139 | $340,534 |
| 10 | $752,593 | $17,598 | -$19,135 | $381,309 | $371,285 |
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.