OFF_MARKETRisky Deal4 days on market

251 NW 60th Ct

251 NW 60th Ct, Miami, FL 33126, Miami, FL 33126
$650,000
Zestimate®:$623,600

Listing Price

Property image 1
251 NW 60th Ct, Miami, FL 33126
Loc: Miami, FL
Days Listed
4
Tax Assessed
$375k
Zestimate®
$624k
Market Rate
Lot Size
4,636 sqft
Rent Estimate
$3,379/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Fairlawn Elementary School

PK-5
0.5 mi away
3

Kinloch Park Middle School

6-8
1.7 mi away
3

South Miami Senior High School

9-12
3.8 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.77%
Total ROI
13.5%
Cash Flow
$-705/mo
DSCR
0.79
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-30Pending sale$629,000$438
2026-07-24Listed for sale$629,000$438
2026-07-22Pending sale$629,000$438
2026-06-28Price change$629,000$438
2026-05-27Listed for sale$650,000$452

Tax History

YearProperty TaxTax Assessment
2025$7,878.01$375,129
2024$1,595.59$144,068
2023$1,534.42$139,872
2022$1,629.68$135,799
2021$1,600.47$131,844
2020$1,570.35$130,024
2019$1,512.24$127,101
2018$2,103.12$124,732
2017$2,103.12$122,167
2016$2,073.05$119,655
2015$2,026.04$115,971
2014$2,043.28$115,051
2013$1,957.19$113,351
2012$1,957.19$111,457
2011$1,892.84$108,211
2010$1,944.6$106,612
2009$1,790.6$103,810
2007$2,001.86$75,687
2006$2,163.55$0
2005$2,163.55$0
2004$2,159.55$0
2003$2,095.46$0
2002$2,023.46$0
2001$2,023.46$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,437
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $650,000Rent Basis: Observed Comp Model ($3,379/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $325/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.64%

NOI: $23,646/yr

Cash-on-Cash Yield
-11.3%

On $149,500 invested

DSCR Ratio
0.58x

Negative debt coverage

5-Yr Leveraged ROI
+37.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$306/mo
Homeowner / Hazard Insurance-$325/mo
Vacancy Reserve (5% of rent)-$169/mo
Repairs & Maintenance (10% of rent)-$338/mo
Property Management (8% of rent)-$270/mo
Total Pure Operating Expenses-$1,409/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,379/mo
Less: Operating Expenses-$1,409/mo
Net Operating Income (NOI)+$1,970/mo
Less: Debt Service (30yr @ 6.75%)-$3,373/mo
Net Cash Flow
$-1,402/mo
$-16,827/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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