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
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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)
Acquisition (one-time, not monthly/yearly)
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
Income
Rent (comp-derived)
$2,800$33,600
Vacancy loss (8.0%)
Effective gross income
$2,576$30,912
Operating expenses
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)
Debt service & reserves
Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)
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
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
townhomes
3
2
1,304
$2,885
2026-07-28
—
townhomes
3
3
2,010
$2,800
2026-07-17
—
townhomes
3
2
1,304
$2,850
2026-07-29
—
townhomes
3
2
1,280
$2,800
2025-03-27
—
townhomes
3
2
1,280
$2,800
2022-09-13
—
townhomes
3
2
1,280
$2,795
2023-10-04
—
townhomes
3
2
1,280
$2,799
2026-03-16
—
townhomes
3
2
1,280
$2,800
2026-01-22
—
townhomes
3
2
1,280
$2,799
2024-02-16
—
townhomes
3
2
1,280
$2,795
2025-02-17
—
townhomes
3
2
2,010
$3,800
2026-08-31
—
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.
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.
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.