3520 NW 79th St
Miami, FL 33147 · mobile · For Sale · 15 days on market
Asking price$54,500
4 beds 3 baths 1,578 sqft
Listed by Marisela Aray · Relux Realty Group
Typemobile
Built1962
Price / sqft$35
Est. value (Zillow ZIP avg)$444,132
Rent estimate (Zillow ZIP avg)$2,154/mo
HOA$830/mo
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⚠ Cap rate of 20.3% is above the 20% sanity ceiling — verify the underlying price, rent, and expense data before trusting this.
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Statusfor_sale
Listed date2026-08-18
Removed date—
MLSSebring #327312
Coordinates25.84495, -80.25482
Address3520 NW 79th St
CityMiami
StateFL
Zip33147
Listing ID9927897185
Sourceus-real-estate-listings, cached 2026-08-31
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $54,500 |
| Down payment (20.0%) | $10,900 |
| Loan amount | $43,600 |
| Closing costs (5.0%) | $2,725 |
| Total cash to close | $13,625 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,154$25,845 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,981$23,778 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $86$1,036 |
| Insurance (placeholder 0.8% of price) | $36$436 |
| HOA dues | $830$9,960 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $108$1,292 |
| Total operating expenses | $1,060$12,724 |
| 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) | $108$1,292 |
| 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.
No active rental listings cached yet for this bedroom count.
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 2512 NW 68th St | multi_family | 4 | 2 | 1,560 | $699,000 | — |
| 1760 NW 84th St | single_family | 4 | 2 | 1,180 | $575,000 | — |
| 2950 NW 93rd St | single_family | 4 | 3 | 1,850 | $695,000 | — |
| 3168 NW 66th St | single_family | 4 | 1 | 940 | $329,000 | — |
| 2118 NW 86th St | single_family | 4 | 2 | 749 | $650,000 | — |
| 3265 NW 80th Ter | single_family | 4 | 2 | 1,728 | $545,000 | — |
| 10401 NW 33rd Ave | single_family | 4 | 4 | 1,972 | $670,000 | — |
| 2106 NW 70th St | single_family | 4 | 3 | 953 | $350,000 | — |
10-year hold projection
IRR52.9%
Equity multiple8.34x
Total return (10yr)$107,171
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $56,135 | $11,054 | $6,400 | $43,127 | $13,008 |
| 2 | $57,819 | $11,449 | $6,762 | $42,622 | $15,197 |
| 3 | $59,554 | $11,858 | $7,138 | $42,082 | $17,472 |
| 4 | $61,340 | $12,281 | $7,527 | $41,505 | $19,835 |
| 5 | $63,180 | $12,718 | $7,929 | $40,888 | $22,292 |
| 6 | $65,076 | $13,169 | $8,345 | $40,229 | $24,846 |
| 7 | $67,028 | $13,636 | $8,775 | $39,525 | $27,503 |
| 8 | $69,039 | $14,119 | $9,221 | $38,773 | $30,266 |
| 9 | $71,110 | $14,618 | $9,682 | $37,968 | $33,142 |
| 10 | $73,243 | $15,134 | $10,158 | $37,109 | $36,135 |
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.