5551 E 4th Ave
Hialeah, FL 33013 · single_family · For Sale · 92 days on market
Asking price$950,000
6 beds 3 baths 2,288 sqft
Suggested offer$665,556$284,444 above the est. market value of $665,556.
View on Realtor.com →Listed by Santiago Hernandez De La Cruz · Legacy Group Real Estate, Llc.
Typesingle_family
Built1950
Price / sqft$415
Est. value (own analysis)$665,556
Rent estimate (Zillow ZIP avg)$2,554/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-06-02
Removed date—
MLSMiamiMLS #A12026042
Coordinates25.87309, -80.27450
Address5551 E 4th Ave
CityHialeah
StateFL
Zip33013
Listing ID5167004989
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $950,000 |
| Down payment (20.0%) | $190,000 |
| Loan amount | $760,000 |
| Closing costs (5.0%) | $47,500 |
| Total cash to close | $237,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,554$30,653 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,350$28,201 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,504$18,050 |
| Insurance (est. scaled by flood & wind risk) | $950$11,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $128$1,533 |
| Total operating expenses | $2,582$30,983 |
| 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) | $128$1,533 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 201 E 44th St | single_family | 6 | 3 | 2,441 | $699,000 | 2026-07-07 |
| 598 E 41st St | single_family | 6 | 4 | 2,152 | $730,000 | 2026-06-22 |
| 175 E 45th St | single_family | 6 | 4 | 2,268 | $670,000 | 2026-06-11 |
| 490 E 45th St | single_family | 6 | 4 | 2,396 | $650,000 | 2026-05-29 |
| 747 E 19th St | single_family | 6 | 6 | 2,378 | $765,000 | 2026-03-25 |
| 948 E 47th St | single_family | 6 | 4 | 3,575 | $730,000 | 2025-12-08 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 760 E 55th St | single_family | 6 | 3 | 2,204 | $750,000 | — |
| 224 E 42nd St | single_family | 6 | 5 | 3,383 | $875,000 | — |
| 4851 E 8th Ct | single_family | 6 | 5 | 1,768 | $675,000 | — |
10-year hold projection
IRR-7.8%
Equity multiple-0.31x
Total return (10yr)-$187,207
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $978,500 | -$2,782 | -$62,922 | $751,760 | $226,740 |
| 2 | $1,007,855 | -$2,710 | -$62,889 | $742,954 | $264,901 |
| 3 | $1,038,091 | -$2,633 | -$62,850 | $733,543 | $304,547 |
| 4 | $1,069,233 | -$2,549 | -$62,807 | $723,487 | $345,747 |
| 5 | $1,101,310 | -$2,459 | -$62,758 | $712,739 | $388,571 |
| 6 | $1,134,350 | -$2,361 | -$62,703 | $701,254 | $433,096 |
| 7 | $1,168,380 | -$2,257 | -$62,642 | $688,980 | $479,401 |
| 8 | $1,203,432 | -$2,145 | -$62,574 | $675,862 | $527,569 |
| 9 | $1,239,535 | -$2,025 | -$62,500 | $661,845 | $577,690 |
| 10 | $1,276,721 | -$1,897 | -$62,419 | $646,864 | $629,856 |
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.