19220 NW 7th Ave · Miami Gardens, FL 33169

$5,000

4 bd · 4.0 ba · 1,164 sqft · SingleFamily public records · 10 Days on market

Built 1954 8,276 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.2/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT HOUSE CORNER HOUSE !!!!!! THIS IS A BEAUTIFULL 4 BEDROOMD AND 3 FULL BATHROOMS , THE HOME WAS RECENTLY UPDATED WITH A NEW KITCHEN INCLUDING QUARTZ COUNTER-TOPS , NEW FLOORING A/C , NEW BATHROOMS, THIS HOUSE WAS JUST PAINTED BOTH ON THE INTERIOR AND EXTERIOR. THE PROPERTY IS SITUATED MINUTES FROM SCHOOL WALMART , SHOPPING , HIGHWAYS, THE PROPERTIY HAS BIG YARD

Key facts

• 8,276 sq ft lot
• 3 garage spots
• Built 1954

Property features AI

Exterior

• Parking: Garage (3 spaces); 3 total parking spaces
• Utilities: Other water source; Other sewer
• Home design: Single family residence; One story
• Construction: Construction details: See remarks; Other roof
• Exterior features: Front porch

Interior

• Bedrooms: 1 room total
• Flooring: Other
• Bathrooms: 4 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Other flooring

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$517,980) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $5k).
• Cap rate 513.5% vs local median 3.1% in Miami Gardens — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#338 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment D+, crime D-, amenities F.
• Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.6%/yr); 238 active listings in the ZIP; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
• At $2,719/mo this rent would consume 52% of the median local household income ($63k/yr) (locally 2480% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $35 of loan paydown is wiped out by about $150 of value loss. Plan a longer hold.
• Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 54.38% ✓
• Cap rate: 513.54%
• Cash-on-cash: 1811.61%
• DSCR: 81.61
• GRM: 0.2

CMA / ARV

• ARV (on-the-fly): $517,980
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
265 NW 189th Ter	0.48mi	4/2.0	1,175 (+1%)	10mo	$541,000	$460	59
19720 NW 4th Ave	0.44mi	3/2.0 (-1)	1,215 (+4%)	7mo	$565,000	$465	54
1041 NW 199th St	0.55mi	4/2.0	1,175 (+1%)	13mo	$400,000	$340	53
18310 NW 5th Ave	0.62mi	3/2.0 (-1)	1,095 (-6%)	8mo	$500,000	$457	41
20011 NW 3rd Pl	0.57mi	3/2.0 (-1)	1,225 (+5%)	17mo	$545,000	$445	37
1341 NW 190th St	0.69mi	3/1.0 (-1)	1,170 (+0%)	18mo	$399,000	$341	35
1061 NW 200	0.61mi	3/1.0 (-1)	1,200 (+3%)	20mo	$500,000	$417	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 90.91×
• Total profit: $125,875
• Equity at exit: $746

10-year hold

• IRR: —
• Equity multiple: 181.23×
• Total profit: $252,316
• Equity at exit: $432

Cash invested: $1,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33169

• Home prices YoY: -20.6%
• Rents YoY: -1.6%
• Active inventory: 238
• Price-to-rent: 0.2×

Monthly cashflow live

• Estimated rent: $2,719 medium
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$0
• Vacancy / Maint / Mgmt: −$571
• Net cashflow: $2,114

Break-even live

Break-even rent $44

Max offer price $5,000

Occupancy floor 17%

Sensitivity live

Price	-10% $2,117	-5% $2,115	+0% $2,114	+5% $2,112	+10% $2,110
Rent	-10% $1,899	-5% $2,006	+0% $2,114	+5% $2,221	+10% $2,328
Rate	-1.0pp $2,116	-0.5pp $2,115	base $2,114	+0.5pp $2,112	+1.0pp $2,111

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-15
   days on market $5,000 Active 10 DOM
2. 2026-06-13
   days on market $5,000 Active 8 DOM
3. 2026-06-09
   days on market $5,000 Active 4 DOM
4. 2026-06-08
   days on market $5,000 Active 3 DOM
5. 2026-06-07
   remarks 300-char remark
6. 2026-06-07
   listed $5,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,629
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$2,610
• − Management: −$2,610
• − Depreciation: −$145
• Taxable income: $26,883
• Est. tax owed @ 24.0%: −$6,452
• After-tax cash flow: $18,911/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Miami-Dade
• NCES district ID: 1200390
• Math proficiency: 45% ▼ -16.00%
• Reading proficiency: 54% ▼ -5.00%
• Median HH income: $43,928
• Composite: 41.76/100
• National rank: #3397
• State rank: #40 of 73 in FL

Livability — Miami Gardens

• Score: 72/100
• State rank: #338
• US rank: #5854

Category grades

Amenities F Commute A+ Cost of living B+ Crime D- Employment D+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Miami Gardens, FL
• County: Miami-Dade County · 2,697,751 people
• City population: 81,592
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 43,702
• Household income: $62,562
• Rent vs Own: 47.1% rent · 52.9% own
• Severe rent burden: 2480.0

Population outlook (Miami-Dade County) Hauer SSP2

• Today (2025): 3,126,439 people
• By 2030: 3,325,765 · +6.4%
• By 2040: 3,697,561 · +18.3%
• By 2050: 4,012,134 · +28.3%
• By 2075: 4,605,612 · +47.3%
• By 2100: 4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (76%)
• Race & ethnicity: Black 76% Hispanic / Latino 17% Two or more races 10% White 4%
• Hispanic origin (detail): Puerto Rican 2% Cuban 6% Dominican 2%
• Common ancestry: Hispanic 18%
• Foreign-born: 35% · Canada, Jamaica, Dominican Republic
• Languages at home: 62% English-only · French/Haitian/Cajun 19% Spanish 16%

Political lean MEDSL · Miami-Dade

• 2024 margin: R (+11.4) · D 43.9% · R 55.4%
• 2008→2024 swing: -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
• All cycles: 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -135.91%
• Current HPI: 524.9052
• Rent YoY: ▼ -1.61%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-82.8% since first listed

17 events — show timeline

• 2026-06-05 Listed $5,000 HAOR as distributed by MLS GRID
• 2020-02-11 Sold (Public Records) $285,000 Public Records
• 2020-02-06 Sold (MLS) $285,000 MARMLS
• 2019-11-05 Contingent — MARMLS
• 2019-10-30 Relisted — MARMLS
• 2019-10-18 Contingent — MARMLS
• 2019-09-01 Pending — MARMLS
• 2019-07-10 Listed $295,000 MARMLS
• 2017-07-28 Listing Removed — MARMLS
• 2017-05-09 Listed $172,000 MARMLS
• 2013-08-07 Listing Removed — MARMLS
• 2013-02-09 Listed $75,000 MARMLS
• 2007-01-02 Sold (Public Records) $245,000 Public Records
• 2006-09-13 Listed $215,000 MARMLS
• 1980-10-01 Sold (Public Records) $47,200 Public Records
• 1979-01-01 Sold (Public Records) $32,000 Public Records
• 1978-08-01 Sold (Public Records) $29,000 Public Records

Property tax history

+13.2%/yr

Latest (2025): $7,761 · +6.2% YoY. Source: county tax records.