4851 E 8th Ct
Hialeah, FL 33013 · single_family · Pending — under contract · 387 days on market
Asking price$675,000
6 beds 5 baths 1,768 sqft
Suggested offer$514,294$160,706 above the est. market value of $514,294.
View on Realtor.com →Listed by Alejandro Valdes · Valdes Realty Inc
Typesingle_family
Built1962
Price / sqft$382
Est. value (own analysis)$514,294
Rent estimate (Zillow ZIP avg)$2,554/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
1 / 22
Show every detail
Statusfor_sale
Listed date2025-08-12
Removed date—
MLSMiamiMLS #A11857064
Coordinates25.86688, -80.26576
Address4851 E 8th Ct
CityHialeah
StateFL
Zip33013
Listing ID5360986081
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 | $675,000 |
| Down payment (20.0%) | $135,000 |
| Loan amount | $540,000 |
| Closing costs (5.0%) | $33,750 |
| Total cash to close | $168,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,554$30,653 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,350$28,201 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,069$12,825 |
| Insurance (est. scaled by flood & wind risk) | $990$11,880 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $128$1,533 |
| Total operating expenses | $2,186$26,238 |
| 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) | $128$1,533 |
| 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 |
|---|---|---|---|---|---|---|
| 201 E 44th St | single_family | 6 | 3 | 2,441 | $699,000 | 2026-07-07 |
| 598 E 41st St | single_family | 6 | 4 | 2,152 | $730,000 | 2026-06-22 |
| 175 E 45th St | single_family | 6 | 4 | 2,268 | $670,000 | 2026-06-11 |
| 490 E 45th St | single_family | 6 | 4 | 2,396 | $650,000 | 2026-05-29 |
| 747 E 19th St | single_family | 6 | 6 | 2,378 | $765,000 | 2026-03-25 |
| 948 E 47th St | single_family | 6 | 4 | 3,575 | $730,000 | 2025-12-08 |
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 |
|---|---|---|---|---|---|---|
| 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-6.3%
Equity multiple-0.07x
Total return (10yr)-$91,720
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $695,250 | $1,963 | -$41,212 | $534,145 | $161,105 |
| 2 | $716,108 | $2,153 | -$41,060 | $527,888 | $188,219 |
| 3 | $737,591 | $2,353 | -$40,900 | $521,202 | $216,389 |
| 4 | $759,718 | $2,561 | -$40,732 | $514,056 | $245,663 |
| 5 | $782,510 | $2,779 | -$40,555 | $506,419 | $276,091 |
| 6 | $805,985 | $3,007 | -$40,369 | $498,259 | $307,727 |
| 7 | $830,165 | $3,246 | -$40,174 | $489,537 | $340,628 |
| 8 | $855,070 | $3,495 | -$39,969 | $480,217 | $374,853 |
| 9 | $880,722 | $3,756 | -$39,754 | $470,257 | $410,465 |
| 10 | $907,144 | $4,029 | -$39,528 | $459,613 | $447,531 |
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.