1773 NW 45th St

Miami, FL 33142 · single_family · For Sale · 98 days on market
Asking price$479,000
3 beds 2 baths 1,137 sqft
Suggested offer$383,738$95,263 above the est. market value of $383,738.
View on Realtor.com →
Listed by Gino Torrente · Fortune Christie's International Real Estate
Typesingle_family
Built1937
Price / sqft$421
Est. value (own analysis)$383,738
Rent estimate (own analysis)$3,125/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-27
Removed date
MLSMiamiMLS #A12024763
Coordinates25.81649, -80.22571
Address1773 NW 45th St
CityMiami
StateFL
Zip33142
Listing ID6992135491
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33142)

Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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$479,000
Down payment (20.0%)$95,800
Loan amount$383,200
Closing costs (5.0%)$23,950
Total cash to close$119,750
Rent (comp-derived)$3,125$37,500
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,500
Vacancy rate (assumption) assumption8.0%

$37,500 × 8.0% = $3,000

Effective gross income$2,875$34,500
Property tax (placeholder 1.9% of price)$758$9,101
Insurance (placeholder 0.8% of price)$319$3,832
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$156$1,875
Total operating expenses$1,234$14,808
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,500
Total operating expenses derived$14,808

$34,500 − $14,808 = $19,692

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$383,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$383,200 amortized at 6.7% over 30 years = $2,463/mo

CapEx reserve (5.0% of GSR)$156$1,875
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$19,692
Annual debt service derived$29,551
Annual CapEx reserve assumption$1,875
Annual PMI assumption$0

($19,692 − $29,551 − $1,875 − $0) ÷ 12 = -$978

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,692
Purchase price data$479,000

$19,692 ÷ $479,000 = 4.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,734
Total cash to close derived$119,750

-$11,734 ÷ $119,750 = -9.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,692
Annual debt service derived$29,551

$19,692 ÷ $29,551 = 0.67

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,500
Purchase price data$479,000

($37,500 ÷ 12) ÷ $479,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$479,000
Gross scheduled rent (annual) comp$37,500

$479,000 ÷ $37,500 = 12.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$14,808
Effective gross income derived$34,500

$14,808 ÷ $34,500 = 42.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$14,808
Annual debt service derived$29,551
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,500

($14,808 + $29,551 + $0) ÷ $37,500 = 118.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,500$2,8002026-08-11
single_family311,180$3,0002026-08-08
single_family321,323$3,7002026-08-05
single_family321,200$3,5002026-06-26
single_family311,300$3,2502026-06-24
single_family311,346$5,0002026-08-13
single_family311,120$6,0002025-06-09
single_family311,052$2,3002026-08-24
single_family321,165$2,6002026-04-24
single_family321,027$3,000
single_family321,304$2,7002023-06-22
single_family321,086$3,2502025-07-02

2336 NW 35th St Unit Rear

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-08-11
Days on market

Asking rent: $2,800

View on Zillow →

2358 NW 58th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,180
Listed2026-08-08
Days on market

Asking rent: $3,000

View on Zillow →

1311 NW 52nd St Unit 1

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,323
Listed2026-08-05
Days on market

Asking rent: $3,700

View on Zillow →

4952 NW 21st Ave

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-06-26
Days on market

Asking rent: $3,500

View on Zillow →

2901 NW 50th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,300
Listed2026-06-24
Days on market

Asking rent: $3,250

View on Zillow →

3174 NW 47th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,346
Listed2026-08-13
Days on market

Asking rent: $5,000

View on Zillow →

1951 NW 49th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,120
Listed2025-06-09
Days on market

Asking rent: $6,000

View on Zillow →

2129 NW 44th St Unit 2129

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,052
Listed2026-08-24
Days on market

Asking rent: $2,300

View on Zillow →

1283 NW 45th St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,165
Listed2026-04-24
Days on market

Asking rent: $2,600

View on Zillow →

3710 NW 13th Pl

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,027
Listed
Days on market

Asking rent: $3,000

View on Zillow →

2844 NW 22nd Ct

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,304
Listed2023-06-22
Days on market

Asking rent: $2,700

View on Zillow →

2448 NW 42nd St

Miami, 33142 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,086
Listed2025-07-02
Days on market

Asking rent: $3,250

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
5267589405single_family321,256$415,0002026-08-11
2045 NW 34th Stsingle_family321,469$510,0002026-08-07
1500 NW 44th Stsingle_family311,319$395,0002026-08-07
1892 NW 42nd Stsingle_family321,295$410,0002026-07-31
3195 NW 49th Stsingle_family321,080$475,0002026-07-22
1521 NW 51st Stsingle_family321,053$480,0002026-07-22
4048 NW 22nd Ctsingle_family311,449$400,0002026-07-22
2153 NW 24th Stsingle_family312,618$400,0002026-07-21
2933 NW 48th Tersingle_family32810$435,0002026-07-20
2331 NW 55th Tersingle_family32667$420,0002026-07-17
2410 NW 43rd Stsingle_family321,170$475,0002026-07-17
5995 NW 24th Avesingle_family321,798$515,0002026-07-16
3231 NW 48th Tersingle_family311,208$493,0002026-07-14
2951 NW 57th Stsingle_family321,450$535,0002026-07-13
4711 NW 16th Avesingle_family31888$340,0002026-07-10
1733 NW 40th Stsingle_family321,711$414,0002026-07-06
2450 NW 32nd Stsingle_family321,476$495,0002026-06-30
2255 NW 60th Stsingle_family321,104$490,0002026-06-24
3249 NW 51st Stsingle_family311,468$523,0002026-06-18
2129 NW 59th Stsingle_family32988$400,0002026-06-16
1925 NW 49th Stsingle_family321,425$554,8002026-06-16
3280 NW 51st Tersingle_family321,748$642,0002026-06-11
1451 NW 43rd Stsingle_family321,592$399,9002026-06-09
1328 NW 31st Stsingle_family311,143$380,0002026-06-09
5825 NW 13th Avesingle_family321,284$420,0002026-06-02
1995 NW 58th Stsingle_family321,038$490,0002026-06-02
3099 NW 51st Stsingle_family31794$235,0002026-05-29
6832141397single_family321,209$455,0002026-05-28
1340 NW 52nd Stsingle_family31953$400,0002026-05-26
3265 NW 50th Stsingle_family31$415,0002026-05-15
3364 NW 51st Tersingle_family311,435$440,0002026-05-14
1781 NW 49th Stsingle_family321,600$540,0002026-05-11
1721 NW 51st Stsingle_family321,560$510,0002026-04-30
3354 NW 50th Stsingle_family321,554$485,0002026-04-24
1800 NW 46th Stsingle_family321,450$420,0002026-04-23
2951 NW 47th Stsingle_family321,010$495,0002026-04-09
2040 NW 34th Stsingle_family321,218$555,0002026-04-07
2350 NW 55th Tersingle_family321,189$245,0002026-04-06
1811 NW 55th Stsingle_family311,035$380,0002026-04-02
1955 NW 55th Stsingle_family311,160$320,0002026-04-01
3090 NW 33rd Stsingle_family322,560$752,0002026-04-01
1720 NW 44th Stsingle_family321,500$475,0002026-03-31
1950 NW 57th Stsingle_family321,008$445,0002026-03-31
3049 NW 51st Stsingle_family321,292$400,0002026-03-30
2626 NW 13th Avesingle_family321,484$380,0002026-03-30
1401 NW 44th Stsingle_family331,462$390,0002026-03-20
2850 NW 56th Stsingle_family321,825$550,0002026-03-20
4417 NW 23rd Ctsingle_family31885$474,9002026-03-18
3140 NW 60th Stsingle_family321,560$530,0002026-03-16
3235 NW 23rd Avesingle_family321,113$433,0002026-03-03

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
5300 NW 30th Plsingle_family321,508$538,900
1300 NW 42nd Stsingle_family32989$489,000
3300 NW 50th Stsingle_family31832$419,000
3073 NW 59th Stsingle_family31960$489,000
3035 NW 55th Stsingle_family31957$375,000
6021 NW 21st Avesingle_family311,000$399,990
2030 NW 43rd Stsingle_family321,555$450,000
3111 NW 57th Stsingle_family321,656$549,500

10-year hold projection

IRR3.8%
Equity multiple1.60x
Total return (10yr)$134,873
YearProperty valueNOICash flowLoan balanceEquity
1$493,370$19,692-$11,734$379,045$114,325
2$508,171$20,357-$11,116$374,605$133,566
3$523,416$21,043-$10,477$369,860$153,556
4$539,119$21,752-$9,817$364,789$174,329
5$555,292$22,485-$9,135$359,370$195,922
6$571,951$23,241-$8,431$353,579$218,372
7$589,110$24,022-$7,703$347,390$241,719
8$606,783$24,829-$6,951$340,776$266,007
9$624,986$25,661-$6,174$333,708$291,278
10$643,736$26,522-$5,371$326,155$317,581
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.