2500 NW 91st St

Miami, FL 33147 · single_family · For Sale · 14 days on market
Asking price$749,999
8 beds 5 baths 1,716 sqft
Suggested offer$620,660$129,339 above the est. market value of $620,660.
View on Realtor.com →
Listed by Danay Abreu De Armas · Taveras Real Estate, Llc.
Typesingle_family
Built1956
Price / sqft$437
Est. value (own analysis)$620,660
Rent estimate (Zillow ZIP avg)$2,154/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-19
Removed date
MLSMiamiMLS #A12073616
Coordinates25.85684, -80.24026
Address2500 NW 91st St
CityMiami
StateFL
Zip33147
Listing ID6933723801
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33147)

Typical home value (ZHVI)$444,132
Typical rent (ZORI)$2,154/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$749,999
Down payment (20.0%)$150,000
Loan amount$599,999
Closing costs (5.0%)$37,500
Total cash to close$187,500
Rent (ZIP avg, ZORI — not bedroom-specific)$2,154$25,845
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$25,845
Vacancy rate (assumption) assumption8.0%

$25,845 × 8.0% = $2,068

Effective gross income$1,981$23,778
Property tax (placeholder 1.9% of price)$1,188$14,250
Insurance (placeholder 0.8% of price)$500$6,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$108$1,292
Total operating expenses$1,795$21,542
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$23,778
Total operating expenses derived$21,542

$23,778 − $21,542 = $2,236

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$599,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$599,999 amortized at 6.7% over 30 years = $3,856/mo

CapEx reserve (5.0% of GSR)$108$1,292
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$2,236
Annual debt service derived$46,269
Annual CapEx reserve assumption$1,292
Annual PMI assumption$0

($2,236 − $46,269 − $1,292 − $0) ÷ 12 = -$3,777

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$2,236
Purchase price data$749,999

$2,236 ÷ $749,999 = 0.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$45,326
Total cash to close derived$187,500

-$45,326 ÷ $187,500 = -24.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$2,236
Annual debt service derived$46,269

$2,236 ÷ $46,269 = 0.05

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$25,845
Purchase price data$749,999

($25,845 ÷ 12) ÷ $749,999 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$749,999
Gross scheduled rent (annual) comp$25,845

$749,999 ÷ $25,845 = 29.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,542
Effective gross income derived$23,778

$21,542 ÷ $23,778 = 90.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,542
Annual debt service derived$46,269
Annual PMI assumption$0
Gross scheduled rent (annual) comp$25,845

($21,542 + $46,269 + $0) ÷ $25,845 = 262.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family895,200$35,0002026-03-18

245 NE 116th St

Miami, 33161 · rent comp

Bedrooms / bathrooms8 bd / 9 ba
Square footage5,200
Listed2026-03-18
Days on market

Asking rent: $35,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
8340 NW 22nd Plsingle_family321,134$500,0002026-09-02
3560 NW 95th Stsingle_family42$520,0002026-08-31
2215 NW 98th Stsingle_family21906$365,0002026-08-28
1920 NW 69th Tersingle_family31974$420,0002026-08-27
1822 NW 66th Stsingle_family32$315,0002026-08-26
1369 NW 68th Tersingle_family42$485,0002026-08-26
8841 NW 14th Avesingle_family531,824$725,0002026-08-26
1669 NW 70th Stsingle_family31672$354,0002026-08-24
2276 NW 81st Stsingle_family321,183$350,0002026-08-17
3260 NW 95th Tersingle_family31851$575,0002026-08-14
10345 NW 35th Ctsingle_family311,038$550,0002026-08-13
7091 NW 21st Avesingle_family31612$324,5002026-08-12
8200 NW 34th Avesingle_family531,653$605,0002026-08-12
3140 NW 97th Stsingle_family321,430$568,0002026-08-12
2165 NW 93rd Stsingle_family311,920$280,0002026-08-12
7051 NW 30th Avesingle_family211,122$355,0002026-08-12
1535 NW 85th Stsingle_family421,287$490,0002026-08-11
1518 NW 101st Stsingle_family211,448$373,0002026-08-10
7031 NW 20th Avesingle_family321,122$510,0002026-08-10
6422 NW 29th Avesingle_family31950$300,0002026-08-05
3185 NW 98th Stsingle_family211,144$310,0002026-08-04
8390 NW 18th Avesingle_family321,411$325,0002026-08-04
7759 NW 16th Avesingle_family321,456$476,0002026-08-04
2851 NW 106th Stsingle_family321,452$490,0002026-08-04
7738 NW 15th Avesingle_family321,450$468,0002026-07-31
3101 NW 99th Stsingle_family211,033$295,0002026-07-30
2285 NW 89th Stsingle_family32870$485,0002026-07-30
9290 NW 32nd Court Rdsingle_family651,665$650,0002026-07-29
2931 NW 66th Stsingle_family321,038$330,0002026-07-28
3520 NW 99th Stsingle_family421,202$529,0002026-07-28
2340 NW 99th Tersingle_family531,455$520,0002026-07-27
1945 NW 86th Stsingle_family421,055$395,0002026-07-27
2141 NW 80th Stsingle_family211,194$270,0002026-07-24
1580 NW 77th Tersingle_family321,100$270,0002026-07-24
3271 NW 102nd Stsingle_family53$625,0002026-07-24
3521 NW 80th Tersingle_family331,651$450,0002026-07-24
1887 NW 66th Stsingle_family21625$315,0002026-07-23
8200 NW 31st Avesingle_family321,208$550,0002026-07-22
2160 NW 98th Stsingle_family311,386$345,0002026-07-21
1738 NW 67th Stsingle_family31970$308,0002026-07-21
2121 NW 68th Tersingle_family311,091$420,0002026-07-21
1880 NW 86th Tersingle_family21972$227,5002026-07-20
10415 NW 35th Avesingle_family212,948$630,0002026-07-17
7625 NW 14th Ctsingle_family31933$499,0002026-07-17
1415 NW 69th Stsingle_family21816$385,0002026-07-16
6306 NW 19th Ctsingle_family321,110$305,0002026-07-15
1542 NW 62nd Tersingle_family21840$230,0002026-07-14
3510 NW 82nd Stsingle_family321,118$365,0002026-07-14
2222 NW 105th Stsingle_family321,137$499,0002026-07-13
7929 NW 36th Ctsingle_family321,250$557,0002026-07-13

Widened to city-wide. 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
650 NW 28th Stmulti_family843,204$1,350,000
3431-3433 SW 4th Stmulti_family863,429$1,249,000
1021 NW 30th Stmulti_family852,800$1,200,000
2900 NW 10th Avemulti_family843,640$1,500,000
1629 NW 40th Stmulti_family86$969,900
1627 NW 40th Stsingle_family86$969,900
1021 SW 5th Stmulti_family851,609$1,100,000
1616 Onaway Drsingle_family896,194$9,995,000

10-year hold projection

IRR-6.3%
Equity multiple-0.05x
Total return (10yr)-$98,673
YearProperty valueNOICash flowLoan balanceEquity
1$772,499$2,236-$45,326$593,494$179,005
2$795,674$2,410-$45,183$586,542$209,132
3$819,544$2,593-$45,034$579,112$240,432
4$844,130$2,784-$44,877$571,173$272,958
5$869,454$2,984-$44,712$562,688$306,767
6$895,538$3,192-$44,539$553,620$341,918
7$922,404$3,410-$44,358$543,930$378,474
8$950,076$3,637-$44,168$533,574$416,502
9$978,579$3,874-$43,970$522,507$456,071
10$1,007,936$4,121-$43,762$510,680$497,256
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.