1067 W 43rd Pl Unit 68

Hialeah, FL 33012 · condos · For Sale · 41 days on market
Asking price$339,990
4 beds 4 baths 2,010 sqft
View on Realtor.com →
Listed by Kevin Mejia · Keller Williams Realty Consult
Typecondos
Built1976
Price / sqft$169
Est. value (own analysis)$492,651
Rent estimate (Zillow ZIP avg)$2,270/mo
HOA$412/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-23
Removed date
MLSBeachesMLS #B26055606
Coordinates25.86175, -80.30470
Address1067 W 43rd Pl Unit 68
CityHialeah
StateFL
Zip33012
Listing ID5046685122
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33012)

Typical home value (ZHVI)$385,585
Typical rent (ZORI)$2,270/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$339,990
Down payment (20.0%)$67,998
Loan amount$271,992
Closing costs (5.0%)$17,000
Total cash to close$84,998
Rent (ZIP avg, ZORI — not bedroom-specific)$2,270$27,241
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$27,241
Vacancy rate (assumption) assumption8.0%

$27,241 × 8.0% = $2,179

Effective gross income$2,088$25,062
Property tax (placeholder 1.9% of price)$538$6,460
Insurance (placeholder 0.8% of price)$227$2,720
HOA dues$412$4,944
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$114$1,362
Total operating expenses$1,290$15,486
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,062
Total operating expenses derived$15,486

$25,062 − $15,486 = $9,576

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$271,992
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$271,992 amortized at 6.7% over 30 years = $1,748/mo

CapEx reserve (5.0% of GSR)$114$1,362
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$9,576
Annual debt service derived$20,975
Annual CapEx reserve assumption$1,362
Annual PMI assumption$0

($9,576 − $20,975 − $1,362 − $0) ÷ 12 = -$1,063

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,576
Purchase price data$339,990

$9,576 ÷ $339,990 = 2.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$12,761
Total cash to close derived$84,998

-$12,761 ÷ $84,998 = -15.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,576
Annual debt service derived$20,975

$9,576 ÷ $20,975 = 0.46

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$27,241
Purchase price data$339,990

($27,241 ÷ 12) ÷ $339,990 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$339,990
Gross scheduled rent (annual) comp$27,241

$339,990 ÷ $27,241 = 12.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,486
Effective gross income derived$25,062

$15,486 ÷ $25,062 = 61.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,486
Annual debt service derived$20,975
Annual PMI assumption$0
Gross scheduled rent (annual) comp$27,241

($15,486 + $20,975 + $0) ÷ $27,241 = 133.8%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos431,500$3,8902026-05-19
condos431,500$3,890

6920 NW 177th St Unit Q101

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,500
Listed2026-05-19
Days on market

Asking rent: $3,890

View on Zillow →

6920 NW 177th St # CU-Q101

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,500
Listed
Days on market

Asking rent: $3,890

View on Zillow →

Widened to any bedroom count in ZIP. 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
6175 W 20th Ave Apt 302condos22890$223,0002026-08-26
6070 W 18th Ave Apt 306condos21820$210,0002026-08-21
1100 W 35th St Apt 4condos22977$260,0002026-08-18
1655 W 44th Pl Apt 315condos11625$173,9002026-08-04
199 W 29th St Apt 12condos21771$185,0002026-07-30
1174 W 40th St Unit 48condos221,208$250,0002026-07-29
1805 W 56th St Apt 113condos11550$185,0002026-07-28
1910 W 56th St Apt 3219condos21998$220,0002026-07-27
4670 W 13th Ln Apt 206condos221,126$280,0002026-07-27
6095 W 18th Ave Apt S107condos22926$255,0002026-07-23
1725 W 60th St Apt F330condos11790$190,0002026-07-15
4191 W 18 Ave Unit 4191condos221,064$300,0002026-07-14
1159 W 40th St Unit 16condos221,208$295,0002026-07-10
1560 W 46th St Unit 117condos22940$235,0002026-07-10
1750 W 46th St Apt 503condos221,096$210,0002026-07-09
1279 W 51st Pl Unit B13condos221,019$255,0002026-06-24
6675 W 4th Ave Apt 203condos22760$202,5002026-06-12
1825 W 44th Pl Apt 206condos11712$200,0002026-05-29
1990 W 56th St Apt 1203condos221,099$225,0002026-05-28
3800 Palm Ave Apt 217condos21871$235,0002026-05-21
1750 W 46th St Apt 404condos221,096$260,0002026-05-15
1104 W 44th St Unit 87condos542,010$340,0002026-05-14
1280 W 54th St Apt 308Bcondos11583$165,0002026-05-12
1350 W 53rd St Apt 24condos221,060$230,0002026-05-07
1154 W 35th St Apt 221condos11591$160,0002026-05-07
1281 W 29th St Apt 6condos21732$205,0002026-04-28
1950 W 54th St Apt 105condos221,080$235,0002026-04-28
1890 W 56th St Apt 1411condos321,309$290,0002026-04-24
6190 W 19th Ave Apt 205condos22980$240,0002026-04-17
1810 W 56th St Apt 3315condos221,099$222,0002026-04-17
1290 W 41st St Apt 203condos22888$270,0002026-04-08
1950 W 54th St Apt 313condos11864$179,9002026-03-19
6195 W 18th Ave Apt G101condos22938$287,0002026-03-16
1750 W 46th St Apt 537condos321,335$210,0002026-03-06
1900 W 54th St Apt 213condos11820$184,0002026-03-04
4490 W 19th Ct Unit 217condos321,288$285,0002026-03-03
1480 W 46th St Apt 203condos221,000$245,0002026-02-27
1825 W 44th Pl Apt 1111condos22978$166,0002026-02-27
1620 W 57th Tercondo_townhome_rowhome_coop321,416$425,0002026-02-26
1095 W 40th St Unit 26condos221,208$270,0002026-02-25
6195 W 18th Ave Apt G125condos22938$230,0002026-02-25
1350 W 53rd St Apt 33condos221,060$240,0002026-02-25
1850 W 56th St Apt 2207condos21998$215,0002026-02-20
3639 W 11th Ave Unit 10condos221,015$355,0002026-02-05
1255 W 49th Pl Apt H202condos11516$175,0002026-02-03
6215 W 20th Ave Apt 415condos22819$215,0002026-01-30
4525 W 20th Ave Unit 118condos221,033$260,0002026-01-28
6125 W 20th Ave Apt 314condos22900$200,0002026-01-26
6070 W 19th Ave Apt 110condos11729$177,0002026-01-15
5625 W 17th Ave Unit 701condos221,000$290,0002026-01-05

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
4730 W 8th Avesingle_family422,609$280,000
661 W 50th Plsingle_family421,574$579,900
681 W 55th Plsingle_family431,343$635,000
233 W 39th Plsingle_family431,721$799,999
1340 W 36th Stsingle_family421,680$625,000
1115 W 51st Plsingle_family421,991$779,900
245 W 60th Stsingle_family431,375$649,000
733 W 35th Stsingle_family411,376$559,900

10-year hold projection

IRR0.1%
Equity multiple1.02x
Total return (10yr)$46,223
YearProperty valueNOICash flowLoan balanceEquity
1$350,190$9,576-$12,761$269,043$81,147
2$360,695$9,941-$12,430$265,892$94,804
3$371,516$10,318-$12,087$262,524$108,993
4$382,662$10,709-$11,732$258,925$123,737
5$394,142$11,114-$11,364$255,078$139,063
6$405,966$11,533-$10,983$250,968$154,998
7$418,145$11,966-$10,588$246,575$171,570
8$430,689$12,415-$10,179$241,881$188,808
9$443,610$12,880-$9,755$236,864$206,746
10$456,918$13,360-$9,315$231,503$225,415
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.