3601 NW 102nd St

Miami, FL 33147 · single_family · For Sale · 253 days on market
Asking price$715,000
5 beds 4 baths 1,744 sqft
Suggested offer$577,101$137,899 above the est. market value of $577,101.
View on Realtor.com →
Listed by Melinda Bejerano · One Stop Realty
Typesingle_family
Built1971
Price / sqft$410
Est. value (own analysis)$577,101
Rent estimate (own analysis)$6,200/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-12-23
Removed date
MLSMiamiMLS #A11934673
Coordinates25.86728, -80.25696
Address3601 NW 102nd St
CityMiami
StateFL
Zip33147
Listing ID6977697613
Sourceus-real-estate-listings, cached 2026-08-28

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$715,000
Down payment (20.0%)$143,000
Loan amount$572,000
Closing costs (5.0%)$35,750
Total cash to close$178,750
Rent (comp-derived)$6,200$74,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$74,400
Vacancy rate (assumption) assumption8.0%

$74,400 × 8.0% = $5,952

Effective gross income$5,704$68,448
Property tax (placeholder 1.9% of price)$1,132$13,585
Insurance (placeholder 0.8% of price)$477$5,720
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$310$3,720
Total operating expenses$1,919$23,025
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$68,448
Total operating expenses derived$23,025

$68,448 − $23,025 = $45,423

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$572,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$572,000 amortized at 6.7% over 30 years = $3,676/mo

CapEx reserve (5.0% of GSR)$310$3,720
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$45,423
Annual debt service derived$44,110
Annual CapEx reserve assumption$3,720
Annual PMI assumption$0

($45,423 − $44,110 − $3,720 − $0) ÷ 12 = -$201

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$45,423
Purchase price data$715,000

$45,423 ÷ $715,000 = 6.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$2,407
Total cash to close derived$178,750

-$2,407 ÷ $178,750 = -1.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$45,423
Annual debt service derived$44,110

$45,423 ÷ $44,110 = 1.03

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$74,400
Purchase price data$715,000

($74,400 ÷ 12) ÷ $715,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$715,000
Gross scheduled rent (annual) comp$74,400

$715,000 ÷ $74,400 = 9.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,025
Effective gross income derived$68,448

$23,025 ÷ $68,448 = 33.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,025
Annual debt service derived$44,110
Annual PMI assumption$0
Gross scheduled rent (annual) comp$74,400

($23,025 + $44,110 + $0) ÷ $74,400 = 90.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family531,986$12,9002026-08-20
single_family522,184$4,3702026-08-14
single_family532,009$5,6002026-08-06
single_family541,986$6,5002026-07-08
single_family521,747$3,6002026-06-24
single_family542,092$9,5002026-06-16
single_family532,091$6,9992026-05-11
single_family531,462$5,0002026-04-29
single_family541,334$5,9002026-07-27
single_family531,940$18,0002026-08-25
single_family531,970$6,8502025-10-28
single_family532,189$12,0002026-04-02
single_family542,150$8,5002025-11-25
single_family521,974$5,000
single_family521,500$4,400
single_family531,752$5,800
single_family521,898$5,7002026-08-31
single_family542,194$12,5002026-09-01

155 NW 51st St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,986
Listed2026-08-20
Days on market

Asking rent: $12,900

View on Zillow →

1320 NE 204th St

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage2,184
Listed2026-08-14
Days on market

Asking rent: $4,370

View on Zillow →

328 SW 15th Ave

Miami, 33135 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,009
Listed2026-08-06
Days on market

Asking rent: $5,600

View on Zillow →

145 NW 40th St

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,986
Listed2026-07-08
Days on market

Asking rent: $6,500

View on Zillow →

1101 NW 55th Ter

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,747
Listed2026-06-24
Days on market

Asking rent: $3,600

View on Zillow →

1920 SW 67th Ave

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,092
Listed2026-06-16
Days on market

Asking rent: $9,500

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4721 NW 6th Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,091
Listed2026-05-11
Days on market

Asking rent: $6,999

View on Zillow →

4034 NW 23rd Ave Unit 0

Miami, 33142 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,462
Listed2026-04-29
Days on market

Asking rent: $5,000

View on Zillow →

5700 N Miami Ave

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,334
Listed2026-07-27
Days on market

Asking rent: $5,900

View on Zillow →

400 NW 49th St Unit 0

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,940
Listed2026-08-25
Days on market

Asking rent: $18,000

View on Zillow →

19511 NE 18th Pl Unit 0

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,970
Listed2025-10-28
Days on market

Asking rent: $6,850

View on Zillow →

3551 E Glencoe St

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,189
Listed2026-04-02
Days on market

Asking rent: $12,000

View on Zillow →

753 NE 81st St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,150
Listed2025-11-25
Days on market

Asking rent: $8,500

View on Zillow →

2120 SW 84th Ave

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,974
Listed
Days on market

Asking rent: $5,000

View on Zillow →

113 NW 35th St # 113

Miami, 33127 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,500
Listed
Days on market

Asking rent: $4,400

View on Zillow →

2480 NW 87th Ter

Miami, 33147 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,752
Listed
Days on market

Asking rent: $5,800

View on Zillow →

1855 SW 16th Ter

Miami, 33145 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,898
Listed2026-08-31
Days on market

Asking rent: $5,700

View on Zillow →

211 SW 29th Rd

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,194
Listed2026-09-01
Days on market

Asking rent: $12,500

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
8841 NW 14th Avesingle_family531,824$725,0002026-08-26
8200 NW 34th Avesingle_family531,653$605,0002026-08-12
2340 NW 99th Tersingle_family531,455$520,0002026-07-27
3271 NW 102nd Stsingle_family53$625,0002026-07-24
1943 NW 72nd Stsingle_family53$460,0002026-05-12
9590 NW 33rd Avesingle_family541,626$440,0002026-05-07
9310 Broad Manor Rdsingle_family531,624$288,0002026-05-01
6925599825single_family521,511$500,0002026-05-01
10325 NW 36th Ctsingle_family541,856$500,0002026-03-23

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
2367 NW 82nd Stmulti_family541,623$569,000
1935 NW 76th Stsingle_family53$438,000
2137 NW 99th Termulti_family541,890$620,000
9001 NW 32nd Court Rdsingle_family531,449$599,998
8841 NW 14th Avesingle_family531,824$725,000
2345 NW 65th Stmulti_family521,808$619,900
2352 NW 102nd Stmulti_family531,969$619,999
2406 NW 67th Stmulti_family531,530$589,000

10-year hold projection

IRR10.1%
Equity multiple2.58x
Total return (10yr)$374,997
YearProperty valueNOICash flowLoan balanceEquity
1$736,450$45,423-$2,407$565,798$170,652
2$758,544$46,901-$1,022$559,171$199,373
3$781,300$48,426$408$552,088$229,212
4$804,739$50,000$1,884$544,519$260,220
5$828,881$51,624$3,407$536,430$292,451
6$853,747$53,299$4,981$527,785$325,962
7$879,360$55,029$6,605$518,547$360,813
8$905,741$56,813$8,281$508,674$397,066
9$932,913$58,654$10,012$498,124$434,789
10$960,900$60,554$11,798$486,849$474,051
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.