2561 W 60th Pl Unit 102-1
Hialeah, FL 33016 · townhomes · For Sale · 8 days on market
Asking price$429,999
4 beds 3 baths 1,798 sqft
Listed by Diosmery Toledo · International Realty Group
Typetownhomes
Built1989
Price / sqft$239
Est. value (own analysis)$527,120
Rent estimate (own analysis)$3,575/mo
HOA$380/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-25
Removed date—
MLSMiamiMLS #A12071802
Coordinates25.87757, -80.33563
Address2561 W 60th Pl Unit 102-1
CityHialeah
StateFL
Zip33016
Listing ID5369439120
Sourceus-real-estate-listings, cached 2026-08-27
ZIP market snapshot (33016)
Typical home value (ZHVI)$295,375
Typical rent (ZORI)$2,365/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 | $429,999 |
| Down payment (20.0%) | $86,000 |
| Loan amount | $343,999 |
| Closing costs (5.0%) | $21,500 |
| Total cash to close | $107,500 |
| Income | |
| Rent (comp-derived) | $3,575$42,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,289$39,468 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $681$8,170 |
| Insurance (est. scaled by flood & wind risk) | $430$5,160 |
| HOA dues | $380$4,560 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $179$2,145 |
| Total operating expenses | $1,670$20,035 |
| 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) | $179$2,145 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 3 | 1,681 | $2,700 | 2026-03-24 | — | |
| townhomes | 4 | 3 | 1,658 | $3,400 | 2026-08-01 | — | |
| townhomes | 4 | 3 | 1,590 | $3,200 | 2026-06-25 | — | |
| townhomes | 4 | 3 | 1,798 | $3,500 | — | — | |
| townhomes | 4 | 3 | 1,914 | $3,650 | 2026-07-07 | — | |
| townhomes | 4 | 3 | 1,869 | $3,800 | 2026-07-06 | — | |
| townhomes | 4 | 3 | 1,914 | $3,900 | 2026-08-12 | — | |
| townhomes | 4 | 2 | 1,725 | $3,750 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 2485 W 76th St Apt 201 | townhomes | 2 | 2 | 1,110 | $350,000 | 2026-07-31 |
| 2433 W 52nd Pl Unit 8-1 | townhomes | 2 | 2 | 900 | $250,000 | 2026-07-01 |
| 5256 W 24th Ave Unit 5-3 | townhomes | 3 | 2 | 1,150 | $272,500 | 2026-06-16 |
| 2425 W 76th St Apt 109 | townhomes | 3 | 2 | 1,270 | $375,000 | 2026-06-16 |
| 14231 NW 83rd Ave | townhomes | 3 | 2 | 1,131 | $513,500 | 2026-06-12 |
| 15074 Rednock Ln | townhomes | 3 | 2 | 1,569 | $500,000 | 2026-06-11 |
| 8338 NW 145th St | townhomes | 3 | 3 | 2,015 | $535,000 | 2026-06-05 |
| 8511 Ardoch Rd | townhomes | 3 | 2 | 1,483 | $520,000 | 2026-05-12 |
| 2367 W 74th St Unit 103-2 | townhomes | 2 | 2 | 1,090 | $278,888 | 2026-05-05 |
| 6080 W 26th Ct Unit 101-9 | townhomes | 3 | 3 | 1,828 | $382,500 | 2026-04-27 |
| 6410 W 27th Ln Unit 101-19 | townhomes | 3 | 3 | 1,478 | $350,000 | 2026-04-24 |
| 8531 NW 139th Ter Apt 1409 | townhomes | 3 | 3 | 1,450 | $480,000 | 2026-04-23 |
| 14822 Breckness Pl | townhomes | 2 | 2 | 1,271 | $415,000 | 2026-04-20 |
| 8330 NW 143rd Ter | townhomes | 4 | 3 | 2,231 | $615,000 | 2026-04-14 |
| 14621 Balgowan Rd Unit 102-3 | townhomes | 3 | 2 | 1,525 | $475,000 | 2026-04-13 |
| 8544 NW 140th Ter Apt 1003 | townhomes | 3 | 3 | 1,351 | $485,000 | 2026-04-02 |
| 8423 NW 138th Ter Apt 2804 | townhomes | 3 | 3 | 1,459 | $440,000 | 2026-04-01 |
| 7211 W 24th Ave Apt 2304 | townhomes | 3 | 2 | 1,440 | $362,500 | 2026-03-30 |
| 2289 W 52nd St Unit 2-3 | townhomes | 2 | 2 | 952 | $310,000 | 2026-03-27 |
| 14251 NW 83rd Ave | townhomes | 3 | 3 | 2,015 | $550,000 | 2026-03-19 |
| 8436 Dundee Ter | townhomes | 4 | 3 | 2,058 | $599,000 | 2026-03-16 |
| 2224 W 53rd Pl Unit 2224 | townhomes | 2 | 2 | 896 | $280,000 | 2026-03-16 |
| 2412 W 52nd Ter Unit 7-7 | townhomes | 2 | 2 | 900 | $220,000 | 2026-02-27 |
| 5816 W 21st Ct | townhomes | 3 | 2 | 1,121 | $250,000 | 2026-02-20 |
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 |
|---|---|---|---|---|---|---|
| 15600 NW 82nd Ct | single_family | 4 | 3 | 2,947 | $1,395,000 | — |
| 2217 W 69th St Unit 2217A | condos | 4 | 3 | 1,580 | $389,800 | — |
| 14629 Glencairn Rd | single_family | 4 | 3 | 2,309 | $1,100,000 | — |
| 15721 NW 79th Ct | single_family | 4 | 4 | 3,093 | $1,699,000 | — |
| 15901 NW 83rd Pl | single_family | 4 | 3 | 2,889 | $1,250,000 | — |
| 16581 NW 84th Ave | single_family | 4 | 3 | 2,659 | $1,499,999 | — |
| 16820 NW 80th Ct | single_family | 4 | 3 | 2,186 | $995,000 | — |
| 2450 W 67th Pl Unit 13-12 | townhomes | 4 | 3 | 1,665 | $385,000 | — |
10-year hold projection
IRR4.7%
Equity multiple1.76x
Total return (10yr)$137,783
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $442,899 | $19,433 | -$9,240 | $340,270 | $102,629 |
| 2 | $456,186 | $20,116 | -$8,610 | $336,284 | $119,902 |
| 3 | $469,872 | $20,822 | -$7,959 | $332,024 | $137,847 |
| 4 | $483,968 | $21,552 | -$7,285 | $327,472 | $156,496 |
| 5 | $498,487 | $22,307 | -$6,589 | $322,607 | $175,879 |
| 6 | $513,441 | $23,087 | -$5,868 | $317,409 | $196,033 |
| 7 | $528,845 | $23,892 | -$5,123 | $311,853 | $216,991 |
| 8 | $544,710 | $24,725 | -$4,352 | $305,916 | $238,794 |
| 9 | $561,051 | $25,586 | -$3,555 | $299,571 | $261,480 |
| 10 | $577,883 | $26,476 | -$2,731 | $292,790 | $285,092 |
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.