2288 W 4th Ct

Hialeah, FL 33010 · single_family · For Sale · 42 days on market
Asking price$615,000
3 beds 2 baths 1,434 sqft
Suggested offer$533,033$81,967 above the est. market value of $533,033.
View on Realtor.com →
Listed by Roylan valdivia · United Realty Group Inc
Typesingle_family
Built1999
Price / sqft$429
Est. value (own analysis)$533,033
Rent estimate (own analysis)$3,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-22
Removed date
MLSMiamiMLS #A12057444
Coordinates25.84212, -80.29129
Address2288 W 4th Ct
CityHialeah
StateFL
Zip33010
Listing ID5245647989
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33010)

Typical home value (ZHVI)$536,631
Typical rent (ZORI)$2,166/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$615,000
Down payment (20.0%)$123,000
Loan amount$492,000
Closing costs (5.0%)$30,750
Total cash to close$153,750
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (placeholder 1.9% of price)$974$11,685
Insurance (placeholder 0.8% of price)$410$4,920
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,559$18,705
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$18,705

$38,640 − $18,705 = $19,935

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$492,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$492,000 amortized at 6.7% over 30 years = $3,162/mo

CapEx reserve (5.0% of GSR)$175$2,100
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$19,935
Annual debt service derived$37,941
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($19,935 − $37,941 − $2,100 − $0) ÷ 12 = -$1,675

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,935
Purchase price data$615,000

$19,935 ÷ $615,000 = 3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$20,106
Total cash to close derived$153,750

-$20,106 ÷ $153,750 = -13.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,935
Annual debt service derived$37,941

$19,935 ÷ $37,941 = 0.53

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$615,000

($42,000 ÷ 12) ÷ $615,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$615,000
Gross scheduled rent (annual) comp$42,000

$615,000 ÷ $42,000 = 14.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,705
Effective gross income derived$38,640

$18,705 ÷ $38,640 = 48.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,705
Annual debt service derived$37,941
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($18,705 + $37,941 + $0) ÷ $42,000 = 134.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family311,860$3,3002026-07-21
single_family321,606$3,6002026-06-26
single_family311,090$3,7002026-08-19
single_family31988$3,0002026-08-12
single_family321,659$3,500

974 SE 1st St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,860
Listed2026-07-21
Days on market

Asking rent: $3,300

View on Zillow →

1401 E 8th Ave

Hialeah, 33010 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,606
Listed2026-06-26
Days on market

Asking rent: $3,600

View on Zillow →

449 E 10th St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,090
Listed2026-08-19
Days on market

Asking rent: $3,700

View on Zillow →

630 SE 3rd Pl

Hialeah, 33010 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage988
Listed2026-08-12
Days on market

Asking rent: $3,000

View on Zillow →

1325 W 4th Ln

Hialeah, 33010 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,659
Listed
Days on market

Asking rent: $3,500

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
233 E 15th Stsingle_family311,052$370,0002026-08-28
271 E 17th Stsingle_family321,431$550,0002026-08-20
151 E 16th Stsingle_family321,037$499,0002026-08-18
430 SE 5th Stsingle_family321,678$590,0002026-08-13
699 SE 6th Plsingle_family311,606$550,0002026-07-14
610 E 6th Plsingle_family332,074$435,0002026-07-10
366 E 7th Stsingle_family321,118$460,0002026-07-06
244 E 15th Stsingle_family32728$524,0002026-06-29
841 E 15th Plsingle_family322,611$670,0002026-06-25
2674 W 8th Ctsingle_family321,033$550,0002026-06-15
2614 W 8th Ctsingle_family321,881$360,0002026-06-04
5486634978single_family311,206$510,0002026-05-19
683 SE 6th Plsingle_family331,605$630,0002026-04-30
325 SE 9th Avesingle_family311,302$565,0002026-04-30
650 SE 1st Plsingle_family31962$490,0002026-04-08
705 E 9th Lnsingle_family321,900$695,0002026-03-18
601 SE 8th Ctsingle_family321,980$265,0002026-03-16
297 Eucalyptus Drsingle_family332,580$695,0002026-03-09
652 SE 8th Stsingle_family322,000$600,0002026-03-04
102 NE 9th Ctsingle_family311,378$450,0002026-03-03
1575 W 6th Avesingle_family321,535$585,0002026-02-24
841 SE 11th Plsingle_family331,256$600,0002026-02-20
1847 W 2nd Avesingle_family321,521$685,0002026-02-17
1360 W 4th Lnsingle_family322,227$650,0002026-02-03
620 E 8th Stsingle_family331,533$494,4002026-01-16
135 E 18th Stsingle_family321,264$305,0002025-12-29
631 SE 3rd Plsingle_family32988$550,0002025-12-17
509 W 16th Stsingle_family322,066$569,0002025-12-12
2441 W 10th Avesingle_family321,706$555,0002025-11-26
234 E 18th Stsingle_family321,520$565,0002025-11-04
320 W 13th Stsingle_family32960$510,0002025-11-03
653 SE 8th Plsingle_family321,230$547,0002025-10-22
291 Cir Drsingle_family321,298$680,0002025-09-23
881 Hialeah Drsingle_family311,929$600,0002025-09-18
534 W 16th Stsingle_family321,310$525,0002025-09-04

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
621 SE 4th Stsingle_family321,642$450,000
790 E 6th Plsingle_family31936$489,000
275 W 13th Stmulti_family342,339$849,999
831 E 10th Plsingle_family321,629$830,000
685 SE Park Drsingle_family321,000$509,000
76 W 14th Stmulti_family321,056$629,900
580 SE 2nd Stsingle_family321,788$555,000
single_family321,186$529,900

10-year hold projection

IRR1.4%
Equity multiple1.23x
Total return (10yr)$115,220
YearProperty valueNOICash flowLoan balanceEquity
1$633,450$19,935-$20,106$486,666$146,784
2$652,454$20,627-$19,467$480,965$171,488
3$672,027$21,341-$18,806$474,873$197,154
4$692,188$22,080-$18,122$468,363$223,825
5$712,954$22,843-$17,416$461,405$251,549
6$734,342$23,631-$16,685$453,970$280,372
7$756,372$24,446-$15,930$446,024$310,349
8$779,064$25,288-$15,149$437,532$341,531
9$802,436$26,158-$14,342$428,458$373,978
10$826,509$27,056-$13,507$418,760$407,749
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.