6852-6850 NW 4th Ave

Miami, FL 33150 · multi_family · For Sale · 258 days on market
Asking price$1,600,000
6 beds 6 baths 2,800 sqft
Suggested offer$931,608$668,392 above the est. market value of $931,608.
View on Realtor.com →
Listed by Manuel A. Vidal, PA. · Keyes - Miami Beach
Typemulti_family
Built2025
Price / sqft$571
Est. value (own analysis)$931,608
Rent estimate (building total, own analysis)$6,087/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-12-18
Removed date
MLSMiamiMLS #A11933019
Coordinates25.83777, -80.20359
Address6852-6850 NW 4th Ave
CityMiami
StateFL
Zip33150
Listing ID9144567092
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)

Purchase price$1,600,000
Down payment (20.0%)$320,000
Loan amount$1,280,000
Closing costs (5.0%)$80,000
Total cash to close$400,000
Rent (estimate)$6,087$73,044
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$73,044
Vacancy rate (assumption) assumption8.0%

$73,044 × 8.0% = $5,843

Effective gross income$5,600$67,200
Property tax (placeholder 1.9% of price)$2,533$30,400
Insurance (placeholder 0.8% of price)$1,067$12,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$304$3,652
Total operating expenses$3,904$46,852
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$67,200
Total operating expenses derived$46,852

$67,200 − $46,852 = $20,348

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$1,280,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,280,000 amortized at 6.7% over 30 years = $8,226/mo

CapEx reserve (5.0% of GSR)$304$3,652
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$20,348
Annual debt service derived$98,707
Annual CapEx reserve assumption$3,652
Annual PMI assumption$0

($20,348 − $98,707 − $3,652 − $0) ÷ 12 = -$6,834

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,348
Purchase price data$1,600,000

$20,348 ÷ $1,600,000 = 1.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$82,012
Total cash to close derived$400,000

-$82,012 ÷ $400,000 = -20.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,348
Annual debt service derived$98,707

$20,348 ÷ $98,707 = 0.21

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$73,044
Purchase price data$1,600,000

($73,044 ÷ 12) ÷ $1,600,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,600,000
Gross scheduled rent (annual) comp$73,044

$1,600,000 ÷ $73,044 = 21.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$46,852
Effective gross income derived$67,200

$46,852 ÷ $67,200 = 69.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$46,852
Annual debt service derived$98,707
Annual PMI assumption$0
Gross scheduled rent (annual) comp$73,044

($46,852 + $98,707 + $0) ÷ $73,044 = 199.3%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
801 NW 105th Stmulti_family1,454$635,0002026-08-17
6810 NW 2nd Ctmulti_family422,102$590,0002026-08-07
6701 NW 5th Avemulti_family1,408$565,0002026-07-31
163 NW 68th Termulti_family642,454$737,0002026-07-29
6241 NW Miami Plmulti_family321,800$850,0002026-07-09
7612 NW 4th Avemulti_family311,620$635,0002026-07-08
15 NW 70th Stmulti_family421,555$510,0002026-06-16
97 NW 69th Stmulti_family2,022$620,0002026-06-12
408 NW 97th Stmulti_family1,549$155,0002026-06-05
50 NW 71st St Apt 4multi_family441,600$740,0002026-06-02
1064 NW 103rd Stmulti_family431,792$570,0002026-06-02
250 NW 83rd Stmulti_family622,074$520,0002026-05-29
772 NW 80th Stmulti_family321,432$650,0002026-05-27
7534/7536 NW 4th Avemulti_family1,740$570,0002026-05-26
93 NW 69th Stmulti_family312,102$445,0002026-05-20
7736 NW 2nd Avemulti_family221,638$500,0002026-05-07
1181 NW 66th Stmulti_family$789,0002026-04-28
421 NW 81st Stmulti_family1,601$699,0002026-04-28
6324 NW 1st Plmulti_family2,164$720,0002026-04-24
5138334331multi_family2,454$753,0002026-04-16
5713827729multi_family1,677$300,0002026-04-06
742 NW 70th Stmulti_family2,738$995,0002026-03-26
6720 NW 4th Avemulti_family411,320$537,5002026-03-11
1052 NW 103rd Stmulti_family421,740$580,0002026-03-11
7926 NW 10th Ctmulti_family1,578$360,0002026-03-02
751 NW 96th Stmulti_family1,199$499,0002026-02-25
401 NW 81st Stmulti_family1,254$395,0002026-02-23
6911 NW 4th Ctmulti_family1,541$699,0002026-02-17
1162 NW 64th Stmulti_family1,430$445,0002026-02-12
244 NW 73rd Termulti_family432,105$969,0002026-02-11
6863 NW 2nd Ave Apt 4multi_family843,406$705,0002026-02-02
6920 NW 6th Ctmulti_family1,244$430,0002026-01-30
640 642 Nw 77th Stmulti_family1,370$449,0002026-01-20
571 NW 95th Termulti_family541,980$330,0002026-01-15
171 NW 70th Stmulti_family1,650$560,0002026-01-15
9411438856multi_family2,686$760,0002025-12-23
889 NW 102nd Stmulti_family1,600$604,0002025-12-23
6844 NW 5th Avemulti_family421,400$565,0002025-12-02
8290 NW 5th Avemulti_family321,404$520,0002025-12-01
724 NW 77th Stmulti_family211,389$520,0002025-11-12
1031 NW 101st Stmulti_family1,620$560,0002025-10-15
7634 NW 4th Avemulti_family1,553$375,0002025-10-08
6672132843multi_family3,063$520,0002025-10-06
6951 NW 5th Ctmulti_family742,244$510,0002025-09-19
8125 NW 6th Avemulti_family721,952$559,9002025-09-19
7501 and 7503 NW 6th Ctmulti_family1,260$455,0002025-09-10
1161 NW 101st Stmulti_family01,326$530,0002025-09-08
9162284355multi_family421,326$530,0002025-09-08

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.

AddressTypeBedsBathsSqftAsking priceDays on market
530 NW 99th Stmulti_family642,465$665,000
1112 NW 81st Stmulti_family662,334$825,900
1102 NW 103rd Stmulti_family642,195$699,999
1042 NW 76th Stmulti_family641,756$595,000
37 NW 70th Stmulti_family662,382$1,100,000
94 NW 69th Stmulti_family631,957$699,000
6326 NW 4th Avemulti_family641,976$595,000
7814 NW 5th Ctmulti_family631,679$599,000

10-year hold projection

IRR-3.8%
Equity multiple0.37x
Total return (10yr)-$41,710
YearProperty valueNOICash flowLoan balanceEquity
1$1,648,000$20,348-$82,012$1,266,122$381,878
2$1,697,440$21,193-$81,258$1,251,291$446,149
3$1,748,363$22,068-$80,476$1,235,442$512,922
4$1,800,814$22,977-$79,664$1,218,504$582,310
5$1,854,839$23,918-$78,821$1,200,403$654,436
6$1,910,484$24,894-$77,945$1,181,059$729,425
7$1,967,798$25,906-$77,037$1,160,386$807,412
8$2,026,832$26,955-$76,094$1,138,294$888,538
9$2,087,637$28,042-$75,115$1,114,685$972,952
10$2,150,266$29,169-$74,100$1,089,455$1,060,811
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.