3166 NW 170th St

Miami Gardens, FL 33056 · single_family · For Sale · 135 days on market
Asking price$595,000
3 beds 2 baths 1,874 sqft
View on Realtor.com →
Listed by Yilena Mendoza · Julies Realty, LLC
Typesingle_family
Built2019
Price / sqft$318
Est. value (own analysis)$693,436
Rent estimate (own analysis)$3,250/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-20
Removed date
MLSMiamiMLS #A11998286
Coordinates25.92881, -80.25214
Address3166 NW 170th St
CityMiami Gardens
StateFL
Zip33056
Listing ID6919574115
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$595,000
Down payment (20.0%)$119,000
Loan amount$476,000
Closing costs (5.0%)$29,750
Total cash to close$148,750
Rent (comp-derived)$3,250$39,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$39,000
Vacancy rate (assumption) assumption8.0%

$39,000 × 8.0% = $3,120

Effective gross income$2,990$35,880
Property tax (placeholder 1.9% of price)$942$11,305
Insurance (placeholder 0.8% of price)$397$4,760
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$163$1,950
Total operating expenses$1,501$18,015
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,880
Total operating expenses derived$18,015

$35,880 − $18,015 = $17,865

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$476,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$476,000 amortized at 6.7% over 30 years = $3,059/mo

CapEx reserve (5.0% of GSR)$163$1,950
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$17,865
Annual debt service derived$36,707
Annual CapEx reserve assumption$1,950
Annual PMI assumption$0

($17,865 − $36,707 − $1,950 − $0) ÷ 12 = -$1,733

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,865
Purchase price data$595,000

$17,865 ÷ $595,000 = 3.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$20,792
Total cash to close derived$148,750

-$20,792 ÷ $148,750 = -14.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,865
Annual debt service derived$36,707

$17,865 ÷ $36,707 = 0.49

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$39,000
Purchase price data$595,000

($39,000 ÷ 12) ÷ $595,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$595,000
Gross scheduled rent (annual) comp$39,000

$595,000 ÷ $39,000 = 15.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,015
Effective gross income derived$35,880

$18,015 ÷ $35,880 = 50.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,015
Annual debt service derived$36,707
Annual PMI assumption$0
Gross scheduled rent (annual) comp$39,000

($18,015 + $36,707 + $0) ÷ $39,000 = 140.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,325$2,6502026-01-08
single_family322,021$3,6602026-08-16
single_family321,487$3,1152026-07-28
single_family321,512$3,2002026-06-30
single_family321,671$3,4952026-08-14
single_family322,031$3,4002026-03-11
single_family321,684$3,3002026-07-25
single_family311,864$2,9002026-06-10
single_family321,303$19,4852026-06-25
single_family331,330$3,100

3010 NW 187th St

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,325
Listed2026-01-08
Days on market

Asking rent: $2,650

View on Zillow →

1955 NW 193rd Ter

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,021
Listed2026-08-16
Days on market

Asking rent: $3,660

View on Zillow →

2261 NW 172nd Ter

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,487
Listed2026-07-28
Days on market

Asking rent: $3,115

View on Zillow →

2900 NW 187th St Unit 0

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,512
Listed2026-06-30
Days on market

Asking rent: $3,200

View on Zillow →

18711 NW 24th Ave

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,671
Listed2026-08-14
Days on market

Asking rent: $3,495

View on Zillow →

17345 NW 18th Ave

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,031
Listed2026-03-11
Days on market

Asking rent: $3,400

View on Zillow →

19401 NW 23rd Ave

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,684
Listed2026-07-25
Days on market

Asking rent: $3,300

View on Zillow →

3600 NW 175th St Unit 3600

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,864
Listed2026-06-10
Days on market

Asking rent: $2,900

View on Zillow →

2225 NW 170th Ter

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,303
Listed2026-06-25
Days on market

Asking rent: $19,485

View on Zillow →

2767 NW 191st Ter # 0

Miami Gardens, 33056 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,330
Listed
Days on market

Asking rent: $3,100

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
3030 NW 176th Stsingle_family32988$436,0002026-08-26
2741 NW 172nd Tersingle_family321,415$585,0002026-08-25
3512 NW 176th Tersingle_family321,100$524,0002026-08-21
18815 NW 37th Avesingle_family321,701$530,0002026-08-13
2225 NW 195th Stsingle_family321,392$600,0002026-08-12
2950 NW 173rd Tersingle_family31988$317,5002026-08-07
17311 NW 24th Ctsingle_family311,272$529,0002026-08-07
5305511614single_family321,125$355,0002026-08-05
2831 NW 189th Stsingle_family321,430$650,0002026-08-04
17211 NW 37th Avesingle_family311,208$355,0002026-07-31
1805 NW 189th Tersingle_family321,555$550,0002026-07-30
20400 NW 25th Avesingle_family321,508$530,0002026-07-28
17011 NW 33rd Ctsingle_family312,387$690,0002026-07-27
2221 NW 170th Stsingle_family321,274$529,0002026-07-27
18440 NW 28th Plsingle_family321,346$510,0002026-07-24
18813 NW 32nd Avesingle_family321,144$465,0002026-07-23
2980 NW 170th Stsingle_family311,225$430,0002026-07-23
2831 NW 190th Stsingle_family321,582$545,0002026-07-22
2250 NW 170th Stsingle_family321,334$529,0002026-07-21
20103 NW 27th Cirsingle_family32870$415,0002026-07-14
19244 NW 30th Ctsingle_family311,000$400,0002026-07-13
19720 NW 33rd Avesingle_family321,104$540,0002026-07-09
3440 NW 209th Tersingle_family31888$380,0002026-07-06
17701 NW 32nd Ctsingle_family31864$400,0002026-06-30
2010 NW 185th Tersingle_family321,250$459,9002026-06-26
19458 NW 28th Plsingle_family321,365$385,0002026-06-26
2210 NW 175th Stsingle_family321,635$382,5002026-06-23
3522 NW 193rd Stsingle_family321,304$325,0002026-06-23
18830 NW 29th Plsingle_family321,340$465,0002026-06-22
18200 NW 31st Avesingle_family311,012$400,0002026-06-17
20401 NW 22nd Avesingle_family321,860$375,0002026-06-16
3060 NW 203rd Tersingle_family321,205$550,0002026-06-12
18130 NW 31st Avesingle_family312,132$440,0002026-06-12
20831 NW 34th Ctsingle_family31888$485,0002026-06-11
20107 NW 27th Cirsingle_family321,140$405,0002026-06-10
1771 NW 191st Stsingle_family321,665$599,0002026-06-08
19725 NW 32nd Ctsingle_family311,058$500,0002026-06-03
20621 NW 24th Ctsingle_family321,431$475,0002026-06-03
20541 NW 34th Ctsingle_family32977$460,0002026-06-01
3497 NW 191st Stsingle_family311,126$430,0002026-06-01
2901 NW 174th Stsingle_family311,014$440,0002026-06-01
18220 NW 31st Avesingle_family311,012$500,0002026-05-28
3430 NW 173rd Tersingle_family321,572$585,0002026-05-27
2931 NW 190th Stsingle_family311,140$545,0002026-05-19
19133 NW 35th Avesingle_family311,114$396,0002026-05-15
3355 NW 180th Stsingle_family312,232$425,0002026-05-15
5240333480single_family32999$333,5002026-05-15
2285 NW 195th Stsingle_family321,632$525,0002026-05-08
2521 NW 170th Stsingle_family321,614$524,9002026-05-05
3431 NW 172nd Tersingle_family311,628$570,0002026-04-28

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
3530 NW 170th Stsingle_family31962$397,500
3441 NW 169th Tersingle_family321,314$349,900
1714 NW 204th Stsingle_family321,358$435,000
3281 NW 212th Stsingle_family32$445,000
3271 NW 173rd Tersingle_family321,464$535,000
2766 NW 168th Tersingle_family321,656$525,000
2340 NW 187th Stsingle_family321,562$535,000
17530 NW 27th Ctsingle_family321,613$550,000

10-year hold projection

IRR0.8%
Equity multiple1.12x
Total return (10yr)$96,069
YearProperty valueNOICash flowLoan balanceEquity
1$612,850$17,865-$20,792$470,839$142,011
2$631,236$18,491-$20,215$465,324$165,912
3$650,173$19,138-$19,617$459,430$190,743
4$669,678$19,807-$19,000$453,131$216,547
5$689,768$20,498-$18,361$446,400$243,368
6$710,461$21,212-$17,701$439,206$271,255
7$731,775$21,951-$17,017$431,519$300,256
8$753,728$22,714-$16,311$423,304$330,425
9$776,340$23,502-$15,581$414,524$361,816
10$799,630$24,317-$14,825$405,142$394,489
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.