2474 W 4th Ct
Hialeah, FL 33010 · multi_family · For Sale · 208 days on market
Asking price$1,750,000
6 beds 4 baths 2,430 sqft
Suggested offer$731,843$1,018,157 above the est. market value of $731,843.
View on Realtor.com →Listed by Perla Antonio · Horizon Homes Realty
Typemulti_family
Built2025
Price / sqft$720
Est. value (own analysis)$731,843
Rent estimate (building total, own analysis)$6,075/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-02-07
Removed date—
MLSMiamiMLS #A11961066
Coordinates25.84397, -80.29133
Address2474 W 4th Ct
CityHialeah
StateFL
Zip33010
Listing ID5277473104
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,750,000 |
| Down payment (20.0%) | $350,000 |
| Loan amount | $1,400,000 |
| Closing costs (5.0%) | $87,500 |
| Total cash to close | $437,500 |
| Income | |
| Rent (estimate) | $6,075$72,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,589$67,068 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,771$33,250 |
| Insurance (est. scaled by flood & wind risk) | $1,867$22,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $304$3,645 |
| Total operating expenses | $4,941$59,295 |
| 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) | $304$3,645 |
| 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 |
|---|---|---|---|---|---|---|
| 2390 W 11th Ave | multi_family | 6 | 4 | 2,110 | $618,750 | 2026-07-13 |
| 860 SE 9th Ct | multi_family | 6 | 2 | 2,403 | $800,000 | 2026-03-18 |
| 615 E 2nd Ave | multi_family | 6 | 4 | 3,490 | $504,375 | 2026-03-04 |
| 643 E 2nd Ave | multi_family | 6 | 4 | 3,490 | $676,500 | 2026-03-04 |
| 432 E 16th St | multi_family | 6 | 4 | 3,100 | $2,240,000 | 2026-01-22 |
| 440 E 16th St # 436 | multi_family | 6 | 4 | 3,100 | $2,240,000 | 2026-01-22 |
| 240 E 11th St | multi_family | 6 | 2 | 2,588 | $550,000 | 2026-01-09 |
| 40 E 12th St | multi_family | 6 | 4 | 2,750 | $850,000 | 2025-09-16 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 191 SE 6th Ave | single_family | 6 | 3 | 2,032 | $790,000 | — |
| 830 E 12th Pl | single_family | 6 | 4 | 2,125 | $680,000 | — |
| 217 W 34th St | single_family | 6 | 6 | 3,202 | $1,200,000 | — |
| 292 W 39th Pl | single_family | 6 | 4 | 3,098 | $870,000 | — |
| 221 W 31st St | single_family | 6 | 2 | 1,803 | $730,000 | — |
| 760 E 55th St | single_family | 6 | 3 | 2,204 | $750,000 | — |
| 224 E 42nd St | single_family | 6 | 5 | 3,383 | $875,000 | — |
| 5551 E 4th Ave | single_family | 6 | 3 | 2,288 | $950,000 | — |
10-year hold projection
IRR-5.9%
Equity multiple0.01x
Total return (10yr)-$205,631
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,802,500 | $7,773 | -$103,833 | $1,384,821 | $417,679 |
| 2 | $1,856,575 | $8,303 | -$103,395 | $1,368,599 | $487,976 |
| 3 | $1,912,272 | $8,856 | -$102,935 | $1,351,264 | $561,008 |
| 4 | $1,969,640 | $9,433 | -$102,454 | $1,332,738 | $636,902 |
| 5 | $2,028,730 | $10,035 | -$101,950 | $1,312,940 | $715,790 |
| 6 | $2,089,592 | $10,663 | -$101,422 | $1,291,782 | $797,809 |
| 7 | $2,152,279 | $11,319 | -$100,870 | $1,269,172 | $883,108 |
| 8 | $2,216,848 | $12,002 | -$100,292 | $1,245,008 | $971,839 |
| 9 | $2,283,353 | $12,715 | -$99,688 | $1,219,186 | $1,064,167 |
| 10 | $2,351,854 | $13,457 | -$99,056 | $1,191,590 | $1,160,264 |
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.