2370 NW 131st Cir
Miami, FL 33167 · single_family · For Sale · 49 days on market
Asking price$609,000
4 beds 3 baths 2,107 sqft
Listed by Rene Perez · Florida Realty Of Miami Corp
Typesingle_family
Built2022
Price / sqft$289
Est. value (own analysis)$634,013
Rent estimate (own analysis)$3,790/mo
HOA$193/mo
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Statusfor_sale
Listed date2026-07-15
Removed date—
MLSMiamiMLS #A12054231
Coordinates25.89343, -80.23901
Address2370 NW 131st Cir
CityMiami
StateFL
Zip33167
Listing ID9799362601
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33167)
Typical home value (ZHVI)$471,366
Typical rent (ZORI)$2,813/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $609,000 |
| Down payment (20.0%) | $121,800 |
| Loan amount | $487,200 |
| Closing costs (5.0%) | $30,450 |
| Total cash to close | $152,250 |
| Income | |
| Rent (comp-derived) | $3,790$45,480 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,487$41,842 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $964$11,571 |
| Insurance (placeholder 0.8% of price) | $406$4,872 |
| HOA dues | $193$2,316 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $190$2,274 |
| Total operating expenses | $1,753$21,033 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $190$2,274 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,976 | $3,100 | 2026-08-18 | — | |
| single_family | 4 | 3 | 1,983 | $3,900 | 2026-08-14 | — | |
| single_family | 4 | 3 | 1,820 | $3,790 | — | — | |
| single_family | 4 | 3 | 2,107 | $3,800 | — | — | |
| single_family | 4 | 3 | 1,820 | $2,925 | 2026-06-11 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2427 NW 131st Cir | single_family | 4 | 3 | 1,983 | $570,000 | 2026-08-31 |
| 11940 NW 19th Ave | single_family | 4 | 2 | 1,513 | $297,500 | 2026-08-14 |
| 2530 NW 111th St | single_family | 4 | 2 | 1,776 | $675,000 | 2026-07-28 |
| 2520 NW 108th St | single_family | 4 | 3 | 1,364 | $610,000 | 2026-07-21 |
| 14620 NW 17th Dr | single_family | 4 | 3 | 3,977 | $1,286,000 | 2026-07-08 |
| 14431 NW 13th Rd | single_family | 4 | 2 | 1,656 | $600,000 | 2026-06-23 |
| 2055 NW 132nd St | single_family | 4 | 2 | 1,699 | $570,000 | 2026-06-22 |
| 5372914331 | single_family | 4 | 3 | 2,100 | $649,999 | 2026-06-18 |
| 1855 NW 121st St | single_family | 4 | 4 | 2,034 | $539,900 | 2026-06-16 |
| 1361 NW 111th St | single_family | 4 | 2 | 1,560 | $490,000 | 2026-05-21 |
| 1835 NW 122nd St | single_family | 4 | 3 | 1,667 | $295,000 | 2026-04-27 |
| 14781 S River Dr | single_family | 4 | 4 | 4,662 | $1,225,000 | 2026-04-22 |
| 13160 NW 17th Ave | single_family | 4 | 2 | 1,753 | $529,000 | 2026-04-10 |
| 14400 NW 16th Ct | single_family | 4 | 2 | 1,403 | $520,000 | 2026-03-25 |
| 1635 NW 130th St | single_family | 4 | 2 | 1,653 | $550,000 | 2026-03-10 |
| 14655 NW River Dr | single_family | 4 | 3 | 1,965 | $625,000 | 2026-02-17 |
| 2372 NW 130th Ter | single_family | 4 | 3 | 2,107 | $629,000 | 2026-02-03 |
| 1340 NW 133rd St | single_family | 4 | 2 | 1,365 | $530,000 | 2026-01-16 |
| 1739 NW 113th Ter | single_family | 4 | 2 | 1,126 | $145,000 | 2025-12-08 |
| 2303 NW 131st Cir | single_family | 4 | 2 | 1,983 | $596,700 | 2025-12-03 |
| 2316 NW 130th Ter | single_family | 4 | 2 | 1,983 | $581,000 | 2025-12-03 |
| 2364 NW 130th Ter | single_family | 4 | 2 | 1,983 | $580,700 | 2025-12-03 |
| 2340 NW 130th Ter | single_family | 4 | 2 | 1,983 | $581,000 | 2025-12-01 |
| 11010 NW 12th Ct | single_family | 4 | 2 | — | $580,000 | 2025-10-03 |
| 1201 NW 147th St | single_family | 4 | 4 | 1,897 | $520,000 | 2025-09-16 |
| 2100 NW 107th St | single_family | 4 | 2 | 2,579 | $768,000 | 2025-09-11 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 12621 NW 22nd Ct | single_family | 4 | 2 | 1,264 | $570,000 | — |
| 1341 NW 132nd St | single_family | 4 | 3 | 2,361 | $520,000 | — |
| 1325 NW 113th Ter | single_family | 4 | 2 | 1,308 | $589,900 | — |
| 12613 NW 23rd Pl | townhomes | 4 | 3 | 1,820 | $620,000 | — |
| 12001 NW 22nd Ave | single_family | 4 | 3 | 1,769 | $589,000 | — |
| 2409 NW 131st Cir | single_family | 4 | 3 | 2,107 | $525,000 | — |
| 2427 NW 131st Cir | single_family | 4 | 3 | 1,983 | $586,900 | — |
| 14411 NW 15th Dr | single_family | 4 | 2 | 1,715 | $599,000 | — |
10-year hold projection
IRR1.8%
Equity multiple1.30x
Total return (10yr)$124,816
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $627,270 | $20,809 | -$19,036 | $481,918 | $145,352 |
| 2 | $646,088 | $21,538 | -$18,363 | $476,273 | $169,816 |
| 3 | $665,471 | $22,292 | -$17,668 | $470,240 | $195,231 |
| 4 | $685,435 | $23,071 | -$16,948 | $463,793 | $221,642 |
| 5 | $705,998 | $23,877 | -$16,204 | $456,903 | $249,095 |
| 6 | $727,178 | $24,709 | -$15,434 | $449,540 | $277,638 |
| 7 | $748,993 | $25,569 | -$14,638 | $441,672 | $307,322 |
| 8 | $771,463 | $26,458 | -$13,815 | $433,263 | $338,200 |
| 9 | $794,607 | $27,377 | -$12,964 | $424,277 | $370,330 |
| 10 | $818,445 | $28,326 | -$12,084 | $414,673 | $403,772 |
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.