4963 NW 83rd Path Unit 4963

Doral, FL 33166 · townhomes · For Sale · 86 days on market
Asking price$875,000
4 beds 4 baths 2,163 sqft
View on Realtor.com →
Listed by Horacio Ferrando · Avenew Realty Corp
Typetownhomes
Built2018
Price / sqft$405
Est. value (own analysis)$895,000
Rent estimate (own analysis)$4,100/mo
HOA$218/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-06-08
Removed date
MLSMiamiMLS #A12032926
Coordinates25.81666, -80.33375
Address4963 NW 83rd Path Unit 4963
CityDoral
StateFL
Zip33166
Listing ID9420107607
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33166)

Typical home value (ZHVI)$610,998
Typical rent (ZORI)$2,899/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$875,000
Down payment (20.0%)$175,000
Loan amount$700,000
Closing costs (5.0%)$43,750
Total cash to close$218,750
Rent (comp-derived)$4,100$49,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$49,200
Vacancy rate (assumption) assumption8.0%

$49,200 × 8.0% = $3,936

Effective gross income$3,772$45,264
Property tax (placeholder 1.9% of price)$1,385$16,625
Insurance (est. scaled by flood & wind risk)$875$10,500
HOA dues$218$2,616
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$205$2,460
Total operating expenses$2,683$32,201
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$45,264
Total operating expenses derived$32,201

$45,264 − $32,201 = $13,063

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$700,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$700,000 amortized at 6.7% over 30 years = $4,498/mo

CapEx reserve (5.0% of GSR)$205$2,460
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$13,063
Annual debt service derived$53,981
Annual CapEx reserve assumption$2,460
Annual PMI assumption$0

($13,063 − $53,981 − $2,460 − $0) ÷ 12 = -$3,615

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,063
Purchase price data$875,000

$13,063 ÷ $875,000 = 1.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$43,378
Total cash to close derived$218,750

-$43,378 ÷ $218,750 = -19.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,063
Annual debt service derived$53,981

$13,063 ÷ $53,981 = 0.24

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$49,200
Purchase price data$875,000

($49,200 ÷ 12) ÷ $875,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$875,000
Gross scheduled rent (annual) comp$49,200

$875,000 ÷ $49,200 = 17.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$32,201
Effective gross income derived$45,264

$32,201 ÷ $45,264 = 71.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$32,201
Annual debt service derived$53,981
Annual PMI assumption$0
Gross scheduled rent (annual) comp$49,200

($32,201 + $53,981 + $0) ÷ $49,200 = 175.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes431,509$4,2002026-03-16
townhomes432,026$3,8002026-07-22
townhomes442,408$5,1002026-06-17
townhomes431,894$4,1002026-05-27
townhomes452,599$5,5002026-08-21
townhomes441,862$5,0002026-08-26
townhomes441,808$3,6502026-08-25
townhomes432,214$3,9002026-08-25
townhomes432,214$3,5002026-05-02
townhomes431,712$4,0002026-07-30
townhomes442,020$4,5002026-02-24
townhomes431,904$3,9902026-08-17
townhomes432,306$4,0002026-04-28
townhomes431,888$4,3502024-07-10
townhomes432,245$4,8002026-08-14
townhomes442,020$4,7002026-02-27
townhomes431,712$3,8502026-07-24
townhomes431,712$4,1002026-08-13
townhomes441,862$5,5002026-07-01
townhomes431,904$4,2002026-07-29
townhomes431,783$4,2002026-08-13
townhomes442,310$5,0002026-07-17
townhomes431,712$3,850
townhomes431,894$3,5002026-07-27
townhomes432,206$3,9002026-05-01

4745 NW 84th Ct Unit 19

Doral, 33166 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,509
Listed2026-03-16
Days on market

Asking rent: $4,200

View on Zillow →

10328 NW 31st Ter

Doral, 33172 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,026
Listed2026-07-22
Days on market

Asking rent: $3,800

View on Zillow →

9161 NW 33rd St Unit 0

Doral, 33172 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,408
Listed2026-06-17
Days on market

Asking rent: $5,100

View on Zillow →

8135 NW 108th Ave Unit 0

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,894
Listed2026-05-27
Days on market

Asking rent: $4,100

View on Zillow →

6404 NW 105th Pl Unit 6404

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,599
Listed2026-08-21
Days on market

Asking rent: $5,500

View on Zillow →

6418 NW 105th Pl

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,862
Listed2026-08-26
Days on market

Asking rent: $5,000

View on Zillow →

5614 NW 112th Pl

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,808
Listed2026-08-25
Days on market

Asking rent: $3,650

View on Zillow →

10901 NW 88th Ter Unit 804

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,214
Listed2026-08-25
Days on market

Asking rent: $3,900

View on Zillow →

8902 NW 109th Ct Unit 1204

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,214
Listed2026-05-02
Days on market

Asking rent: $3,500

View on Zillow →

3957 Adra Ave Unit F49

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,712
Listed2026-07-30
Days on market

Asking rent: $4,000

View on Zillow →

8058 NW 105th Ct

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,020
Listed2026-02-24
Days on market

Asking rent: $4,500

View on Zillow →

5173 NW 114th Pl

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,904
Listed2026-08-17
Days on market

Asking rent: $3,990

View on Zillow →

11375 NW 77th Ln Unit 11375

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,306
Listed2026-04-28
Days on market

Asking rent: $4,000

View on Zillow →

4866 NW 108th Psge Unit 4866

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,888
Listed2024-07-10
Days on market

Asking rent: $4,350

View on Zillow →

8061 NW 114th Pl Unit 8061

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,245
Listed2026-08-14
Days on market

Asking rent: $4,800

View on Zillow →

10521 NW 81st Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,020
Listed2026-02-27
Days on market

Asking rent: $4,700

View on Zillow →

3917 Adra Ave Unit E46

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,712
Listed2026-07-24
Days on market

Asking rent: $3,850

View on Zillow →

3340 Torremolinos Ave Unit A40

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,712
Listed2026-08-13
Days on market

Asking rent: $4,100

View on Zillow →

6453 NW 104th Ct Unit 6453

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,862
Listed2026-07-01
Days on market

Asking rent: $5,500

View on Zillow →

11612 NW 50th Ter Unit 11612

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,904
Listed2026-07-29
Days on market

Asking rent: $4,200

View on Zillow →

8715 NW 98th Ave Unit 8715

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,783
Listed2026-08-13
Days on market

Asking rent: $4,200

View on Zillow →

10731 NW 74th Ter

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,310
Listed2026-07-17
Days on market

Asking rent: $5,000

View on Zillow →

3917 Adra Ave

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,712
Listed
Days on market

Asking rent: $3,850

View on Zillow →

11633 NW 78th St

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,894
Listed2026-07-27
Days on market

Asking rent: $3,500

View on Zillow →

8902 NW 109th Ct Unit 1203

Doral, 33178 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,206
Listed2026-05-01
Days on market

Asking rent: $3,900

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
4552 NW 83rd Pathtownhomes431,652$690,0002026-07-20
8424 NW 51st Tertownhomes442,456$980,0002026-06-08
4903 NW 83rd Pathtownhomes422,163$895,0002026-05-13
4809 NW 83rd Pkwytownhomes422,163$870,0002026-03-27
4655 NW 83rd Pathtownhomes431,652$690,0002026-03-20

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
970 Plover Avesingle_family432,838$1,150,000
4605 NW 83rd Pathsingle_family442,163$865,000
25 Ludlam Drsingle_family442,351$885,000
1800 Miami Springs Avesingle_family433,160$1,245,000
325 Ludlam Drsingle_family452,477$2,500,000
188 Cherokee Stsingle_family453,445$2,600,000
2 Hough Drsingle_family453,148$1,620,000
4318 NW 81st Avesingle_family443,077$1,380,000

10-year hold projection

IRR-3.3%
Equity multiple0.46x
Total return (10yr)-$4,094
YearProperty valueNOICash flowLoan balanceEquity
1$901,250$13,063-$43,378$692,410$208,840
2$928,288$13,616-$42,886$684,300$243,988
3$956,136$14,189-$42,376$675,632$280,504
4$984,820$14,784-$41,846$666,369$318,451
5$1,014,365$15,401-$41,295$656,470$357,895
6$1,044,796$16,041-$40,723$645,891$398,905
7$1,076,140$16,704-$40,129$634,586$441,554
8$1,108,424$17,392-$39,513$622,504$485,920
9$1,141,677$18,105-$38,873$609,593$532,084
10$1,175,927$18,845-$38,208$595,795$580,132
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.