3770 W 8th Ln Unit 27

Hialeah, FL 33012 · townhomes · Pending — under contract · 103 days on market
Asking price$439,999
3 beds 2 baths 1,528 sqft
Suggested offer$434,090$5,909 above the est. market value of $434,090.
View on Realtor.com →
Listed by Andy Molina · Ace Realty & Associates, LLC
Typetownhomes
Built1980
Price / sqft$288
Est. value (own analysis)$434,090
Rent estimate (own analysis)$2,800/mo
HOA$276/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-22
Removed date
MLSMiamiMLS #A12023966
Coordinates25.85605, -80.29979
Address3770 W 8th Ln Unit 27
CityHialeah
StateFL
Zip33012
Listing ID5112496776
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$439,999
Down payment (20.0%)$88,000
Loan amount$351,999
Closing costs (5.0%)$22,000
Total cash to close$110,000
Rent (comp-derived)$2,800$33,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$33,600
Vacancy rate (assumption) assumption8.0%

$33,600 × 8.0% = $2,688

Effective gross income$2,576$30,912
Property tax (placeholder 1.9% of price)$697$8,360
Insurance (placeholder 0.8% of price)$293$3,520
HOA dues$276$3,312
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$140$1,680
Total operating expenses$1,406$16,872
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$30,912
Total operating expenses derived$16,872

$30,912 − $16,872 = $14,040

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$351,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$351,999 amortized at 6.7% over 30 years = $2,262/mo

CapEx reserve (5.0% of GSR)$140$1,680
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$14,040
Annual debt service derived$27,144
Annual CapEx reserve assumption$1,680
Annual PMI assumption$0

($14,040 − $27,144 − $1,680 − $0) ÷ 12 = -$1,232

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,040
Purchase price data$439,999

$14,040 ÷ $439,999 = 3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,784
Total cash to close derived$110,000

-$14,784 ÷ $110,000 = -13.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,040
Annual debt service derived$27,144

$14,040 ÷ $27,144 = 0.52

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$33,600
Purchase price data$439,999

($33,600 ÷ 12) ÷ $439,999 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$439,999
Gross scheduled rent (annual) comp$33,600

$439,999 ÷ $33,600 = 13.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,872
Effective gross income derived$30,912

$16,872 ÷ $30,912 = 54.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,872
Annual debt service derived$27,144
Annual PMI assumption$0
Gross scheduled rent (annual) comp$33,600

($16,872 + $27,144 + $0) ÷ $33,600 = 131.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes321,304$2,8852026-07-28
townhomes332,010$2,8002026-07-17
townhomes321,304$2,8502026-07-29
townhomes321,280$2,8002025-03-27
townhomes321,280$2,8002022-09-13
townhomes321,280$2,7952023-10-04
townhomes321,280$2,7992026-03-16
townhomes321,280$2,8002026-01-22
townhomes321,280$2,7992024-02-16
townhomes321,280$2,7952025-02-17
townhomes322,010$3,8002026-08-31

1115 W 38th Ter Unit 50

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,304
Listed2026-07-28
Days on market

Asking rent: $2,885

View on Zillow →

984 W 40th St Unit 2

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,010
Listed2026-07-17
Days on market

Asking rent: $2,800

View on Zillow →

4241 W 10th Ln Unit 7

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,304
Listed2026-07-29
Days on market

Asking rent: $2,850

View on Zillow →

14 W

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2025-03-27
Days on market

Asking rent: $2,800

View on Zillow →

43rd Pl Unit 4

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2022-09-13
Days on market

Asking rent: $2,800

View on Zillow →

16 Ave W

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2023-10-04
Days on market

Asking rent: $2,795

View on Zillow →

145 W 43rd St

Hia, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2026-03-16
Days on market

Asking rent: $2,799

View on Zillow →

1551 W 43 Pl

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2026-01-22
Days on market

Asking rent: $2,800

View on Zillow →

43 Ave

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2024-02-16
Days on market

Asking rent: $2,799

View on Zillow →

43 St

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,280
Listed2025-02-17
Days on market

Asking rent: $2,795

View on Zillow →

11110 NW 62nd Ave Unit 0

Hialeah, 33012 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,010
Listed2026-08-31
Days on market

Asking rent: $3,800

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
4079 W 9th Ln Unit 74townhomes22871$300,0002026-06-29
1750 W 57th Tertownhomes221,093$325,0002026-06-09
4200 W 19th Avetownhomes321,503$350,0002026-06-05
4372 W 11th Ln Unit 30townhomes221,208$295,0002026-04-13
6725 W 15th Cttownhomes11720$195,0002026-04-02
1540 W 42nd Pl Apt Ctownhomes321,050$339,9002026-03-27

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
4210 W 10th Ctsingle_family321,440$485,000
1820 W 53rd St Apt 204condos32994$275,000
4349 W 10th Avesingle_family321,298$499,900
5665 W 20th Ave Apt 415condos321,203$280,000
3205 W 16th Avemobile32918$245,000
1014 W 66th Stsingle_family321,538$670,000
1092 W 32nd Stsingle_family331,388$695,000
3930 W 2nd Avesingle_family321,541$680,000

10-year hold projection

IRR1.2%
Equity multiple1.19x
Total return (10yr)$78,804
YearProperty valueNOICash flowLoan balanceEquity
1$453,199$14,040-$14,784$348,183$105,016
2$466,795$14,546-$14,321$344,104$122,691
3$480,799$15,068-$13,841$339,746$141,053
4$495,223$15,609-$13,345$335,088$160,135
5$510,079$16,168-$12,831$330,110$179,969
6$525,382$16,746-$12,299$324,790$200,591
7$541,143$17,344-$11,749$319,106$222,038
8$557,378$17,962-$11,179$313,030$244,347
9$574,099$18,602-$10,590$306,538$267,561
10$591,322$19,262-$9,980$299,599$291,722
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.