6185 W 10th Ave

Hialeah, FL 33012 · single_family · For Sale · 74 days on market
Asking price$2,000,000
5 beds 4 baths 1,852 sqft
Suggested offer$616,660$1,383,340 above the est. market value of $616,660.
View on Realtor.com →
Listed by Antonio Barredo · Miami International Realestate
Typesingle_family
Built1960
Price / sqft$1080
Est. value (own analysis)$616,660
Rent estimate (own analysis)$4,900/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-20
Removed date
MLSMiamiMLS #A12040456
Coordinates25.87877, -80.30260
Address6185 W 10th Ave
CityHialeah
StateFL
Zip33012
Listing ID5121167880
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$2,000,000
Down payment (20.0%)$400,000
Loan amount$1,600,000
Closing costs (5.0%)$100,000
Total cash to close$500,000
Rent (comp-derived)$4,900$58,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$58,800
Vacancy rate (assumption) assumption8.0%

$58,800 × 8.0% = $4,704

Effective gross income$4,508$54,096
Property tax (placeholder 1.9% of price)$3,167$38,000
Insurance (placeholder 0.8% of price)$1,333$16,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$245$2,940
Total operating expenses$4,745$56,940
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,096
Total operating expenses derived$56,940

$54,096 − $56,940 = -$2,844

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$1,600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,600,000 amortized at 6.7% over 30 years = $10,282/mo

CapEx reserve (5.0% of GSR)$245$2,940
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-$2,844
Annual debt service derived$123,384
Annual CapEx reserve assumption$2,940
Annual PMI assumption$0

(-$2,844 − $123,384 − $2,940 − $0) ÷ 12 = -$10,764

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$2,844
Purchase price data$2,000,000

-$2,844 ÷ $2,000,000 = -0.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$129,168
Total cash to close derived$500,000

-$129,168 ÷ $500,000 = -25.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$2,844
Annual debt service derived$123,384

-$2,844 ÷ $123,384 = -0.02

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$58,800
Purchase price data$2,000,000

($58,800 ÷ 12) ÷ $2,000,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,000,000
Gross scheduled rent (annual) comp$58,800

$2,000,000 ÷ $58,800 = 34.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$56,940
Effective gross income derived$54,096

$56,940 ÷ $54,096 = 105.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$56,940
Annual debt service derived$123,384
Annual PMI assumption$0
Gross scheduled rent (annual) comp$58,800

($56,940 + $123,384 + $0) ÷ $58,800 = 306.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family541,769$5,450
single_family521,750$4,9002026-07-01
single_family532,263$4,200

5862 W 2nd Ct

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,769
Listed
Days on market

Asking rent: $5,450

View on Zillow →

3455 E 1st Ct Unit 3455

Hialeah, 33013 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,750
Listed2026-07-01
Days on market

Asking rent: $4,900

View on Zillow →

11035 W 35th Way # 11035

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,263
Listed
Days on market

Asking rent: $4,200

View on Zillow →

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
4265 W 8th Avesingle_family542,102$730,0002026-08-05
937 W 33rd Stsingle_family542,599$810,0002026-07-06
5431 W 2nd Avesingle_family521,476$604,0002026-06-15
766 W 36th Stsingle_family532,136$695,0002026-06-09
3920 W 3rd Avesingle_family521,847$655,0002026-05-26
3581 W 2nd Avesingle_family521,485$440,0002026-05-07
4141 W 4th Avesingle_family532,410$639,0002026-05-05
6120 NW 110th Tersingle_family531,963$685,0002026-05-01
261 W 41st Stsingle_family533,158$597,7002026-04-10
1317 W 61st Plsingle_family521,900$630,0002026-04-09
5355 W 5th Lnsingle_family531,929$645,0002026-03-24
900 W 50th Plsingle_family531,776$620,0002026-02-19
6520 W 8th Lnsingle_family532,055$690,0002025-12-15
839 W 39th Plsingle_family553,864$860,0002025-10-29

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
700 W 51st Plsingle_family542,293$895,000
142 W 35th Stsingle_family521,610$720,000
6265 W 10th Avesingle_family543,315$1,595,000
340 W 55th Stsingle_family532,421$719,997
1450 W 37th Stsingle_family532,728$850,000
733 W 33rd Stsingle_family532,280$650,000
4210 W 6th Avesingle_family532,100$829,900
380 W 30th Stsingle_family532,251$775,000

10-year hold projection

IRR-7.4%
Equity multiple-0.24x
Total return (10yr)-$358,537
YearProperty valueNOICash flowLoan balanceEquity
1$2,060,000-$2,844-$129,168$1,582,652$477,348
2$2,121,800-$2,645-$129,042$1,564,114$557,686
3$2,185,454-$2,432-$128,905$1,544,302$641,152
4$2,251,018-$2,206-$128,756$1,523,129$727,888
5$2,318,548-$1,966-$128,595$1,500,503$818,045
6$2,388,105-$1,710-$128,421$1,476,323$911,782
7$2,459,748-$1,439-$128,233$1,450,482$1,009,265
8$2,533,540-$1,153-$128,032$1,422,867$1,110,673
9$2,609,546-$849-$127,815$1,393,356$1,216,191
10$2,687,833-$527-$127,583$1,361,818$1,326,015
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.