Hialeah, FL 33013 · single_family · For Sale · 528 days on market
Asking price$659,900
5 beds 4 baths 3,389 sqft
View on Realtor.com →
Listed by Hermes Leyva · United Realty Group Inc.
Typesingle_family
Built1952
Price / sqft$195
Est. value (own analysis)$1,020,258
Rent estimate (own analysis)$5,300/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-03-24
Removed date
MLSMiamiMLS #A11769268
Coordinates25.85770, -80.27244
Address
CityHialeah
StateFL
Zip33013
Listing ID5355917913
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)

Purchase price$659,900
Down payment (20.0%)$131,980
Loan amount$527,920
Closing costs (5.0%)$32,995
Total cash to close$164,975
Rent (comp-derived)$5,300$63,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$63,600
Vacancy rate (assumption) assumption8.0%

$63,600 × 8.0% = $5,088

Effective gross income$4,876$58,512
Property tax (placeholder 1.9% of price)$1,045$12,538
Insurance (placeholder 0.8% of price)$440$5,279
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$265$3,180
Total operating expenses$1,750$20,997
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$58,512
Total operating expenses derived$20,997

$58,512 − $20,997 = $37,515

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$527,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$527,920 amortized at 6.7% over 30 years = $3,393/mo

CapEx reserve (5.0% of GSR)$265$3,180
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$37,515
Annual debt service derived$40,711
Annual CapEx reserve assumption$3,180
Annual PMI assumption$0

($37,515 − $40,711 − $3,180 − $0) ÷ 12 = -$531

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$37,515
Purchase price data$659,900

$37,515 ÷ $659,900 = 5.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$6,376
Total cash to close derived$164,975

-$6,376 ÷ $164,975 = -3.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$37,515
Annual debt service derived$40,711

$37,515 ÷ $40,711 = 0.92

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$63,600
Purchase price data$659,900

($63,600 ÷ 12) ÷ $659,900 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$659,900
Gross scheduled rent (annual) comp$63,600

$659,900 ÷ $63,600 = 10.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$20,997
Effective gross income derived$58,512

$20,997 ÷ $58,512 = 35.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$20,997
Annual debt service derived$40,711
Annual PMI assumption$0
Gross scheduled rent (annual) comp$63,600

($20,997 + $40,711 + $0) ÷ $63,600 = 97.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,540$3,920
single_family552,759$5,1002026-08-07
single_family533,316$6,0002026-08-15
single_family552,909$5,9002026-08-04
single_family532,263$4,200
single_family553,017$5,500

623 W 63rd Dr

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,540
Listed
Days on market

Asking rent: $3,920

View on Zillow →

8843 W 34th Ave

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,759
Listed2026-08-07
Days on market

Asking rent: $5,100

View on Zillow →

9260 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,316
Listed2026-08-15
Days on market

Asking rent: $6,000

View on Zillow →

10614 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,909
Listed2026-08-04
Days on market

Asking rent: $5,900

View on Zillow →

11035 W 35th Way # 11035

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,263
Listed
Days on market

Asking rent: $4,200

View on Zillow →

17994 NW 87th Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,017
Listed
Days on market

Asking rent: $5,500

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
20 E 52nd Plsingle_family541,982$640,0002026-08-12
1051 E 18th Stsingle_family541,780$525,0002026-07-20
3600 E 5th Avesingle_family531,913$655,0002026-06-29
636 E 42nd Stsingle_family532,389$460,0002026-06-25
670 E 45th Stsingle_family521,614$596,0002026-05-22
880 E 28th Stsingle_family541,692$590,0002026-03-10
4660 E 4th Avesingle_family531,720$430,0002026-01-26
675 E 31st Stsingle_family532,001$630,0002026-01-23
105 E 55th Stsingle_family531,788$655,0002026-01-06
385 E 56th Stsingle_family522,081$639,1852025-12-24
533 E 61st Stsingle_family532,226$770,0002025-12-17
499 E 41st Stsingle_family521,740$440,0002025-12-15
230 E 62nd Stsingle_family531,932$595,0002025-12-09
370 E 58th Stsingle_family542,698$610,0002025-11-18
9293281466single_family542,698$610,0002025-11-18
602 E 50th Stsingle_family532,365$650,0002025-11-10
75 E 41st Stsingle_family531,542$430,5032025-10-30
380 E 45th Stsingle_family542,290$585,0002025-09-26

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
458 E 20th Stmulti_family542,211$849,999
562 E 44th Stsingle_family532,213$580,000
890 E 38th Stsingle_family532,318$815,000
542 E 20th Stsingle_family541,260$700,000
4719 E 8th Ctsingle_family531,514$634,900
890 E 28th Stsingle_family542,737$1,050,000
309 E 49th Stsingle_family531,204$1,900,000
758 E 20th Stsingle_family532,531$599,995

10-year hold projection

IRR8.2%
Equity multiple2.29x
Total return (10yr)$298,339
YearProperty valueNOICash flowLoan balanceEquity
1$679,697$37,515-$6,376$522,196$157,501
2$700,088$38,745-$5,225$516,079$184,009
3$721,091$40,015-$4,037$509,542$211,548
4$742,723$41,326-$2,809$502,556$240,167
5$765,005$42,679-$1,542$495,091$269,914
6$787,955$44,075-$234$487,112$300,843
7$811,594$45,516$1,117$478,586$333,008
8$835,942$47,003$2,512$469,475$366,467
9$861,020$48,538$3,953$459,737$401,283
10$886,850$50,122$5,440$449,331$437,519
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.