760 E 55th St

Hialeah, FL 33013 · single_family · For Sale · 159 days on market
Asking price$750,000
6 beds 3 baths 2,204 sqft
Suggested offer$641,122$108,878 above the est. market value of $641,122.
View on Realtor.com →
Listed by Israel Montero · LPT Realty
Typesingle_family
Built1956
Price / sqft$340
Est. value (own analysis)$641,122
Rent estimate (Zillow ZIP avg)$2,554/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-27
Removed date
MLSMiamiMLS #A11990424
Coordinates25.87247, -80.26769
Address760 E 55th St
CityHialeah
StateFL
Zip33013
Listing ID5045902537
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33013)

Typical home value (ZHVI)$568,867
Typical rent (ZORI)$2,554/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$750,000
Down payment (20.0%)$150,000
Loan amount$600,000
Closing costs (5.0%)$37,500
Total cash to close$187,500
Rent (ZIP avg, ZORI — not bedroom-specific)$2,554$30,653
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,653
Vacancy rate (assumption) assumption8.0%

$30,653 × 8.0% = $2,452

Effective gross income$2,350$28,201
Property tax (placeholder 1.9% of price)$1,188$14,250
Insurance (est. scaled by flood & wind risk)$975$11,700
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$128$1,533
Total operating expenses$2,290$27,483
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,201
Total operating expenses derived$27,483

$28,201 − $27,483 = $718

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$600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$600,000 amortized at 6.7% over 30 years = $3,856/mo

CapEx reserve (5.0% of GSR)$128$1,533
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$718
Annual debt service derived$46,269
Annual CapEx reserve assumption$1,533
Annual PMI assumption$0

($718 − $46,269 − $1,533 − $0) ÷ 12 = -$3,924

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$718
Purchase price data$750,000

$718 ÷ $750,000 = 0.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$47,083
Total cash to close derived$187,500

-$47,083 ÷ $187,500 = -25.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$718
Annual debt service derived$46,269

$718 ÷ $46,269 = 0.02

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,653
Purchase price data$750,000

($30,653 ÷ 12) ÷ $750,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$750,000
Gross scheduled rent (annual) comp$30,653

$750,000 ÷ $30,653 = 24.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$27,483
Effective gross income derived$28,201

$27,483 ÷ $28,201 = 97.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$27,483
Annual debt service derived$46,269
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,653

($27,483 + $46,269 + $0) ÷ $30,653 = 240.6%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
201 E 44th Stsingle_family632,441$699,0002026-07-07
598 E 41st Stsingle_family642,152$730,0002026-06-22
175 E 45th Stsingle_family642,268$670,0002026-06-11
490 E 45th Stsingle_family642,396$650,0002026-05-29
747 E 19th Stsingle_family662,378$765,0002026-03-25
948 E 47th Stsingle_family643,575$730,0002025-12-08

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
224 E 42nd Stsingle_family653,383$875,000
5551 E 4th Avesingle_family632,288$950,000
4851 E 8th Ctsingle_family651,768$675,000

10-year hold projection

IRR-6.8%
Equity multiple-0.15x
Total return (10yr)-$117,212
YearProperty valueNOICash flowLoan balanceEquity
1$772,500$718-$47,083$593,495$179,005
2$795,675$877-$46,963$586,543$209,132
3$819,545$1,044-$46,835$579,113$240,432
4$844,132$1,220-$46,699$571,174$272,958
5$869,456$1,405-$46,556$562,689$306,767
6$895,539$1,599-$46,405$553,621$341,918
7$922,405$1,802-$46,245$543,931$378,474
8$950,078$2,015-$46,076$533,575$416,502
9$978,580$2,239-$45,897$522,509$456,071
10$1,007,937$2,474-$45,709$510,682$497,255
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.