458 E 20th St
Hialeah, FL 33013 · multi_family · For Sale · 219 days on market
Asking price$849,999
5 beds 4 baths 2,211 sqft
Suggested offer$613,331$236,668 above the est. market value of $613,331.
View on Realtor.com →Listed by Daniel Vera · One Sotheby's International Realty
Typemulti_family
Built1946
Price / sqft$384
Est. value (own analysis)$613,331
Rent estimate (building total, own analysis)$7,252/mo
HOANone
1 / 55
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Statusfor_sale
Listed date2026-01-26
Removed date—
MLSMiamiMLS #A11952893
Coordinates25.83991, -80.27271
Address458 E 20th St
CityHialeah
StateFL
Zip33013
Listing ID5298143841
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 | $849,999 |
| Down payment (20.0%) | $170,000 |
| Loan amount | $679,999 |
| Closing costs (5.0%) | $42,500 |
| Total cash to close | $212,500 |
| Income | |
| Rent (estimate) | $7,252$87,025 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,672$80,063 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,346$16,150 |
| Insurance (placeholder 0.8% of price) | $567$6,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $363$4,351 |
| Total operating expenses | $2,275$27,301 |
| 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) | $363$4,351 |
| 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.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 447 E 32nd St | multi_family | — | — | 4,312 | $735,000 | 2026-08-20 |
| 541 E 38th St | multi_family | 4 | 2 | 2,677 | $895,000 | 2026-07-13 |
| 540 E 44th St | multi_family | 3 | 2 | 1,772 | $345,000 | 2026-06-08 |
| 252 E 36th St | multi_family | — | — | 2,544 | $650,000 | 2026-05-15 |
| 5168 E 8th Ln | multi_family | 3 | 2 | 1,337 | $640,000 | 2026-05-04 |
| 971 E 18th St | multi_family | — | — | 2,345 | $700,000 | 2026-01-14 |
| 26 E 48th St | multi_family | — | — | 2,179 | $700,000 | 2025-12-09 |
| 740 E 41st St | multi_family | — | — | 3,228 | $750,000 | 2025-10-28 |
| 1001 E 18th St | multi_family | 4 | 1 | 2,029 | $520,000 | 2025-10-17 |
| 4776 E 10th Ave | multi_family | — | — | 1,740 | $715,000 | 2025-10-15 |
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 |
|---|---|---|---|---|---|---|
| single_family | 5 | 4 | 3,389 | $659,900 | — | |
| 562 E 44th St | single_family | 5 | 3 | 2,213 | $580,000 | — |
| 890 E 38th St | single_family | 5 | 3 | 2,318 | $815,000 | — |
| 542 E 20th St | single_family | 5 | 4 | 1,260 | $700,000 | — |
| 4719 E 8th Ct | single_family | 5 | 3 | 1,514 | $634,900 | — |
| 890 E 28th St | single_family | 5 | 4 | 2,737 | $1,050,000 | — |
| 309 E 49th St | single_family | 5 | 3 | 1,204 | $1,900,000 | — |
| 758 E 20th St | single_family | 5 | 3 | 2,531 | $599,995 | — |
10-year hold projection
IRR9.7%
Equity multiple2.51x
Total return (10yr)$432,390
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $875,499 | $52,762 | -$4,028 | $672,626 | $202,872 |
| 2 | $901,764 | $54,481 | -$2,417 | $664,747 | $237,016 |
| 3 | $928,817 | $56,255 | -$754 | $656,327 | $272,489 |
| 4 | $956,681 | $58,087 | $962 | $647,329 | $309,352 |
| 5 | $985,382 | $59,976 | $2,735 | $637,713 | $347,669 |
| 6 | $1,014,943 | $61,926 | $4,565 | $627,436 | $387,507 |
| 7 | $1,045,392 | $63,938 | $6,454 | $616,454 | $428,938 |
| 8 | $1,076,753 | $66,015 | $8,404 | $604,718 | $472,036 |
| 9 | $1,109,056 | $68,157 | $10,418 | $592,175 | $516,881 |
| 10 | $1,142,328 | $70,369 | $12,496 | $578,771 | $563,556 |
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.