733 W 35th St

Hialeah, FL 33012 · single_family · For Sale · 25 days on market
Asking price$559,900
4 beds 1 baths 1,376 sqft
Suggested offer$510,386$49,514 above the est. market value of $510,386.
View on Realtor.com →
Listed by Lazaro Menendez · Keller Williams Realty Partners SW
Typesingle_family
Built1956
Price / sqft$407
Est. value (own analysis)$510,386
Rent estimate (own analysis)$4,000/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-08
Removed date
MLSMiamiMLS #A12067884
Coordinates25.85371, -80.29721
Address733 W 35th St
CityHialeah
StateFL
Zip33012
Listing ID5255113538
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$559,900
Down payment (20.0%)$111,980
Loan amount$447,920
Closing costs (5.0%)$27,995
Total cash to close$139,975
Rent (comp-derived)$4,000$48,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$48,000
Vacancy rate (assumption) assumption8.0%

$48,000 × 8.0% = $3,840

Effective gross income$3,680$44,160
Property tax (placeholder 1.9% of price)$887$10,638
Insurance (placeholder 0.8% of price)$373$4,479
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,400
Total operating expenses$1,460$17,517
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,160
Total operating expenses derived$17,517

$44,160 − $17,517 = $26,643

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$447,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$447,920 amortized at 6.7% over 30 years = $2,878/mo

CapEx reserve (5.0% of GSR)$200$2,400
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$26,643
Annual debt service derived$34,541
Annual CapEx reserve assumption$2,400
Annual PMI assumption$0

($26,643 − $34,541 − $2,400 − $0) ÷ 12 = -$858

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,643
Purchase price data$559,900

$26,643 ÷ $559,900 = 4.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,299
Total cash to close derived$139,975

-$10,299 ÷ $139,975 = -7.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,643
Annual debt service derived$34,541

$26,643 ÷ $34,541 = 0.77

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$48,000
Purchase price data$559,900

($48,000 ÷ 12) ÷ $559,900 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$559,900
Gross scheduled rent (annual) comp$48,000

$559,900 ÷ $48,000 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,517
Effective gross income derived$44,160

$17,517 ÷ $44,160 = 39.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,517
Annual debt service derived$34,541
Annual PMI assumption$0
Gross scheduled rent (annual) comp$48,000

($17,517 + $34,541 + $0) ÷ $48,000 = 108.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family431,675$3,575
single_family431,735$4,9502026-06-19
single_family421,585$4,1002026-04-12
single_family421,226$3,8002026-06-26
single_family421,831$4,0002026-08-07
single_family421,414$3,8002026-08-19
single_family431,648$5,0002026-09-01

669 W 23rd St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,675
Listed
Days on market

Asking rent: $3,575

View on Zillow →

561 W 39th St

Hialeah, 33012 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,735
Listed2026-06-19
Days on market

Asking rent: $4,950

View on Zillow →

957 W 67th St

Hialeah, 33012 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,585
Listed2026-04-12
Days on market

Asking rent: $4,100

View on Zillow →

951 E 32nd St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,226
Listed2026-06-26
Days on market

Asking rent: $3,800

View on Zillow →

6651 NW 173rd Ln Unit 6651

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,831
Listed2026-08-07
Days on market

Asking rent: $4,000

View on Zillow →

6978 W 25th Ave

Hialeah, 33016 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,414
Listed2026-08-19
Days on market

Asking rent: $3,800

View on Zillow →

7983 NW 186th Ter Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,648
Listed2026-09-01
Days on market

Asking rent: $5,000

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
661 W 50th Plsingle_family421,574$610,0002026-08-31
5971 W 13th Avesingle_family421,637$695,0002026-08-27
633 W 30th Stsingle_family421,560$380,0002026-08-12
1261 W 43rd Plsingle_family421,201$510,0002026-08-07
117 W 34th Stsingle_family411,260$580,0002026-08-07
4790 W 8th Avesingle_family421,749$500,0002026-07-22
491 W 35th Plsingle_family432,335$585,0002026-07-21
4660 W 9th Avesingle_family431,961$703,0002026-07-20
1101 W 54th Stsingle_family431,793$725,0002026-07-13
1185 W 32nd Stsingle_family421,483$538,8902026-07-07
3740 W 5th Ctsingle_family431,791$630,0002026-06-30
1285 W 42nd Plsingle_family441,932$600,0002026-06-25
11335 NW 59th Ctsingle_family431,999$770,0002026-06-16
851 W 35th Stsingle_family421,960$744,0002026-06-16
1301 W 61st Plsingle_family432,366$700,0002026-06-15
42 W 44th Stsingle_family431,878$750,0002026-06-01
6190 W 14th Avesingle_family431,842$855,0002026-05-28
360 W 55th Stsingle_family431,375$670,0002026-05-20
6090 W 5th Lnsingle_family422,076$669,9992026-05-15
733 W 32nd Stsingle_family421,544$590,0002026-05-08
1010 W 33rd Plsingle_family421,560$635,0002026-04-27
6360 W 8th Avesingle_family432,348$650,0002026-04-23
590 W 35th Plsingle_family431,224$570,0002026-04-22
6325 W 12th Avesingle_family421,598$660,0002026-04-16
451 W 39th Stsingle_family431,873$699,0002026-04-09
943 W 64th Plsingle_family421,572$669,0002026-04-07
1190 W 33rd Stsingle_family422,370$685,0002026-04-07
40 W 51st Stsingle_family432,389$520,0002026-03-26
11610 NW 57th Ctsingle_family421,319$710,0002026-03-19
4841 W 2nd Lnsingle_family422,320$650,0002026-02-26
165 W 50th Stsingle_family443,182$930,0002026-02-24
1560 W 53rd Stsingle_family421,587$530,0002026-02-06
380 W 53rd Stsingle_family422,393$525,0002026-01-16
420 W 33rd Stsingle_family411,527$520,0002025-12-17
453 W 40th Plsingle_family432,222$760,0002025-11-03
5470 W 9th Lnsingle_family431,598$655,0002025-10-15
1026 W 32nd Stsingle_family421,549$717,0002025-10-15
141 W 31st Stsingle_family421,415$570,0002025-10-15
420 W 42nd Plsingle_family432,254$166,6672025-10-09
3395 W 14th Avesingle_family421,492$550,0002025-09-29
1250 W 61st Plsingle_family421,746$630,0002025-09-12
928 W 31st Stsingle_family421,340$640,0002025-09-05

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
4730 W 8th Avesingle_family422,609$280,000
661 W 50th Plsingle_family421,574$579,900
681 W 55th Plsingle_family431,343$635,000
233 W 39th Plsingle_family431,721$799,999
1340 W 36th Stsingle_family421,680$625,000
1115 W 51st Plsingle_family421,991$779,900
245 W 60th Stsingle_family431,375$649,000
1067 W 43rd Pl Unit 68condos442,010$339,990

10-year hold projection

IRR5.6%
Equity multiple1.88x
Total return (10yr)$196,927
YearProperty valueNOICash flowLoan balanceEquity
1$576,697$26,643-$10,299$443,064$133,633
2$593,998$27,530-$9,472$437,874$156,124
3$611,818$28,445-$8,618$432,327$179,490
4$630,172$29,391-$7,735$426,400$203,772
5$649,078$30,367-$6,824$420,066$229,011
6$668,550$31,374-$5,882$413,297$255,253
7$688,606$32,415-$4,910$406,063$282,543
8$709,265$33,489-$3,906$398,332$310,932
9$730,543$34,597-$2,868$390,071$340,472
10$752,459$35,742-$1,797$381,242$371,217
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.