1250 W 26th Pl Apt 108

Hialeah, FL 33010 · condos · For Sale · 44 days on market
Asking price$175,000
2 beds 1 baths 890 sqft
View on Realtor.com →
Listed by Anibal G. Perez CFSP® · Bella Mar Real Estate Inc.
Typecondos
Built1971
Price / sqft$197
Est. value (own analysis)$221,631
Rent estimate (own analysis)$2,175/mo
HOA$373/mo
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Neighborhood

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Statusfor_sale
Listed date2026-07-20
Removed date
MLSMiamiMLS #A12056080
Coordinates25.84544, -80.30703
Address1250 W 26th Pl Apt 108
CityHialeah
StateFL
Zip33010
Listing ID5247101361
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$175,000
Down payment (20.0%)$35,000
Loan amount$140,000
Closing costs (5.0%)$8,750
Total cash to close$43,750
Rent (comp-derived)$2,175$26,100
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$26,100
Vacancy rate (assumption) assumption8.0%

$26,100 × 8.0% = $2,088

Effective gross income$2,001$24,012
Property tax (placeholder 1.9% of price)$277$3,325
Insurance (placeholder 0.8% of price)$117$1,400
HOA dues$373$4,476
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$109$1,305
Total operating expenses$876$10,506
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$24,012
Total operating expenses derived$10,506

$24,012 − $10,506 = $13,506

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$140,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$140,000 amortized at 6.7% over 30 years = $900/mo

CapEx reserve (5.0% of GSR)$109$1,305
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$13,506
Annual debt service derived$10,796
Annual CapEx reserve assumption$1,305
Annual PMI assumption$0

($13,506 − $10,796 − $1,305 − $0) ÷ 12 = $117

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,506
Purchase price data$175,000

$13,506 ÷ $175,000 = 7.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$1,405
Total cash to close derived$43,750

$1,405 ÷ $43,750 = 3.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,506
Annual debt service derived$10,796

$13,506 ÷ $10,796 = 1.25

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$26,100
Purchase price data$175,000

($26,100 ÷ 12) ÷ $175,000 = 1.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$175,000
Gross scheduled rent (annual) comp$26,100

$175,000 ÷ $26,100 = 6.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$10,506
Effective gross income derived$24,012

$10,506 ÷ $24,012 = 43.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$10,506
Annual debt service derived$10,796
Annual PMI assumption$0
Gross scheduled rent (annual) comp$26,100

($10,506 + $10,796 + $0) ÷ $26,100 = 81.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment21700$1,9502025-08-06
apartment22880$2,4502025-12-01
apartment22750$2,2002026-07-01
apartment22800$1,9502026-07-17
apartment21800$1,6502026-08-20
condos22866$2,0002026-08-24
apartment221,100$2,7502026-06-07
condos21600$1,6002026-06-05
apartment221,024$2,0002026-08-23
apartment21850$2,0502026-06-07
condos21797$1,9252026-08-20
condos221,006$2,2502025-10-21
condos21595$1,8002026-07-08
apartment221,082$2,4002026-08-07
apartment22865$2,4002026-07-15
apartment21840$2,1502026-08-04
apartment21737$1,9502026-08-28
apartment21700$2,1002026-08-07
condos22829$2,1002026-07-24
apartment22971$2,824
apartment22971$2,808
apartment22971$2,824
apartment22971$2,824
apartment22959$2,824
apartment22971$2,824
apartment21840$2,3002025-03-06

115 E 9th St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage700
Listed2025-08-06
Days on market

Asking rent: $1,950

View on Zillow →

102 E 21st St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage880
Listed2025-12-01
Days on market

Asking rent: $2,450

View on Zillow →

865 SE 12th St Unit A

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage750
Listed2026-07-01
Days on market

Asking rent: $2,200

View on Zillow →

2660 Palm Ave Apt 1

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage800
Listed2026-07-17
Days on market

Asking rent: $1,950

View on Zillow →

59 W 26th St Unit 8

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage800
Listed2026-08-20
Days on market

Asking rent: $1,650

View on Zillow →

5 Olive Dr Apt 13

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage866
Listed2026-08-24
Days on market

Asking rent: $2,000

View on Zillow →

424 W 13th St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,100
Listed2026-06-07
Days on market

Asking rent: $2,750

View on Zillow →

66 W 13th St Apt 3

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage600
Listed2026-06-05
Days on market

Asking rent: $1,600

View on Zillow →

21 E 3rd St Apt 507

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,024
Listed2026-08-23
Days on market

Asking rent: $2,000

View on Zillow →

61 W 13th St Apt 1

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage850
Listed2026-06-07
Days on market

Asking rent: $2,050

View on Zillow →

1245 W 24th St Apt 223

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage797
Listed2026-08-20
Days on market

Asking rent: $1,925

View on Zillow →

420 E 1st Ave Apt B204

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,006
Listed2025-10-21
Days on market

Asking rent: $2,250

View on Zillow →

1265 W 24th St Apt 121

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage595
Listed2026-07-08
Days on market

Asking rent: $1,800

View on Zillow →

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,082
Listed2026-08-07
Days on market

Asking rent: $2,400

View on Zillow →

1091 E 17th St Apt 403

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage865
Listed2026-07-15
Days on market

Asking rent: $2,400

View on Zillow →

642 E 2nd Ave Unit A

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage840
Listed2026-08-04
Days on market

Asking rent: $2,150

View on Zillow →

2712 W 10th Ave Unit 7

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage737
Listed2026-08-28
Days on market

Asking rent: $1,950

View on Zillow →

1345 W 28th St Apt 5

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage700
Listed2026-08-07
Days on market

Asking rent: $2,100

View on Zillow →

1000 W 28th St Apt 17

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage829
Listed2026-07-24
Days on market

Asking rent: $2,100

View on Zillow →

445 Hialeah Dr Apt 301

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage971
Listed
Days on market

Asking rent: $2,824

View on Zillow →

445 Hialeah Dr Apt 820

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage971
Listed
Days on market

Asking rent: $2,808

View on Zillow →

445 Hialeah Dr # 738

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage971
Listed
Days on market

Asking rent: $2,824

View on Zillow →

445 Hialeah Dr Apt 705

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage971
Listed
Days on market

Asking rent: $2,824

View on Zillow →

445 Hialeah Dr # 724

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage959
Listed
Days on market

Asking rent: $2,824

View on Zillow →

445 Hialeah Dr Apt 123

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage971
Listed
Days on market

Asking rent: $2,824

View on Zillow →

640 E 2nd Ave Unit 642A

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage840
Listed2025-03-06
Days on market

Asking rent: $2,300

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
1245 W 24th St Apt 219condos21798$222,5002026-08-27
77 E 4th St Unit A212condos221,006$272,5002026-08-21
1250 W 26th Pl Apt 208condos21890$167,0002026-05-21
375 E 4th Ave Apt 8condos21800$150,0002026-03-10
37 W 11th St Apt 203condos221,031$230,0002026-02-10
25 W 11th St Apt 102condos22848$235,0002026-01-09
77 E 4th St Unit A106condos221,018$270,0002025-11-26
11 Olive Dr Apt Jcondos231,260$255,0002025-10-15
21 E 3rd St Apt 406condos221,024$255,0002025-09-22

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
681 NE 1st Plsingle_family21775$465,000
21 E 3rd St Apt 205condos221,024$249,900
1245 W 24th St Apt 219condos21798$225,000
1265 W 24th St Apt 201condos21794$229,000
841 NE 4th Plsingle_family211,139$598,000
359 E 12th Stsingle_family211,782$585,000
77 E 4th St Unit A104condos221,018$279,900

10-year hold projection

IRR13.8%
Equity multiple3.13x
Total return (10yr)$116,013
YearProperty valueNOICash flowLoan balanceEquity
1$180,250$13,506$1,405$138,482$41,768
2$185,658$13,964$1,830$136,860$48,798
3$191,227$14,436$2,269$135,126$56,101
4$196,964$14,925$2,723$133,274$63,690
5$202,873$15,429$3,192$131,294$71,579
6$208,959$15,950$3,677$129,178$79,781
7$215,228$16,488$4,178$126,917$88,311
8$221,685$17,043$4,696$124,501$97,184
9$228,335$17,617$5,231$121,918$106,417
10$235,185$18,210$5,784$119,159$116,027
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.