3831 E 10th Ave

Hialeah, FL 33013 · single_family · For Sale · 132 days on market
Asking price$649,000
3 beds 2 baths 1,719 sqft
View on Realtor.com →
Listed by Andres Blanco · COMPASS
Typesingle_family
Built1956
Price / sqft$378
Est. value (own analysis)$700,964
Rent estimate (own analysis)$3,200/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-04-23
Removed date
MLSMiamiMLS #A12006716
Coordinates25.85775, -80.26234
Address3831 E 10th Ave
CityHialeah
StateFL
Zip33013
Listing ID5386923177
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$649,000
Down payment (20.0%)$129,800
Loan amount$519,200
Closing costs (5.0%)$32,450
Total cash to close$162,250
Rent (comp-derived)$3,200$38,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,400
Vacancy rate (assumption) assumption8.0%

$38,400 × 8.0% = $3,072

Effective gross income$2,944$35,328
Property tax (placeholder 1.9% of price)$1,028$12,331
Insurance (est. scaled by flood & wind risk)$757$9,086
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$160$1,920
Total operating expenses$1,945$23,337
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,328
Total operating expenses derived$23,337

$35,328 − $23,337 = $11,991

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$519,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$519,200 amortized at 6.7% over 30 years = $3,337/mo

CapEx reserve (5.0% of GSR)$160$1,920
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$11,991
Annual debt service derived$40,038
Annual CapEx reserve assumption$1,920
Annual PMI assumption$0

($11,991 − $40,038 − $1,920 − $0) ÷ 12 = -$2,497

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,991
Purchase price data$649,000

$11,991 ÷ $649,000 = 1.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$29,967
Total cash to close derived$162,250

-$29,967 ÷ $162,250 = -18.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,991
Annual debt service derived$40,038

$11,991 ÷ $40,038 = 0.30

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,400
Purchase price data$649,000

($38,400 ÷ 12) ÷ $649,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$649,000
Gross scheduled rent (annual) comp$38,400

$649,000 ÷ $38,400 = 16.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,337
Effective gross income derived$35,328

$23,337 ÷ $35,328 = 66.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,337
Annual debt service derived$40,038
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,400

($23,337 + $40,038 + $0) ÷ $38,400 = 165.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,220$2,5002026-06-29
single_family321,350$3,2002026-08-26
single_family321,640$3,200
single_family331,649$3,5002026-08-27

101 E 51st Pl Unit 0

Hialeah, 33013 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,220
Listed2026-06-29
Days on market

Asking rent: $2,500

View on Zillow →

640 E 42nd St Unit 0

Hialeah, 33013 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,350
Listed2026-08-26
Days on market

Asking rent: $3,200

View on Zillow →

526 E 54th St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,640
Listed
Days on market

Asking rent: $3,200

View on Zillow →

292 E 55th St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,649
Listed2026-08-27
Days on market

Asking rent: $3,500

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
533 E 23rd Stsingle_family321,488$495,0002026-09-02
571 E 60th Stsingle_family32960$550,0002026-08-27
5340 E 4th Avesingle_family321,240$525,0002026-08-19
6324 E 6th Avesingle_family321,307$630,0002026-08-18
508 E 40th Stsingle_family321,312$535,0002026-08-13
671 E 53rd Stsingle_family321,753$600,0002026-08-04
415 E 52nd Stsingle_family311,002$378,0002026-07-31
161 E 36th Stsingle_family321,040$545,0002026-07-28
434 E 21st Stsingle_family322,156$700,0002026-07-23
30 E 59th Stsingle_family321,803$660,0002026-07-22
300 E 43rd Stsingle_family321,750$577,6002026-07-14
251 E 49th Stsingle_family311,213$500,0002026-07-09
4997 E 9th Lnsingle_family321,985$425,0002026-07-08
3320 E 10th Avesingle_family31936$465,0002026-07-08
729 E 23rd Stsingle_family321,204$625,0002026-06-30
116 E 59th Stsingle_family32$600,0002026-06-29
4318 E 8th Ctsingle_family311,468$350,0002026-06-19
4347 E 9th Ctsingle_family321,000$500,0002026-06-16
721 E 29th Stsingle_family321,656$420,0002026-06-16
381 E 61st Stsingle_family321,486$555,0002026-06-10
4485 E 8th Avesingle_family311,403$515,0002026-06-09
775 E 31st Stsingle_family311,150$600,0002026-06-05
61 E 39th Stsingle_family311,258$400,0002026-06-01
667 E 20th Stsingle_family311,287$540,0002026-05-26
661 E 30th Stsingle_family311,430$580,0002026-05-26
141 E 52nd Plsingle_family311,000$585,0002026-05-26
5190 E 8th Lnsingle_family311,008$455,0002026-05-22
799 E 30th Stsingle_family321,721$555,0002026-05-13
257 E 38th Stsingle_family311,094$550,0002026-05-11
120 E 39th Stsingle_family31880$550,0002026-05-07
5015 E Palm Ctsingle_family311,653$595,0002026-05-04
681 E 45th Stsingle_family311,424$560,0002026-04-23
251 E 57th Stsingle_family311,505$497,0002026-04-23
4990 E 1st Avesingle_family311,402$530,0002026-04-21
5941 E 6th Avesingle_family321,308$649,0002026-04-17
940 E 21st Stsingle_family321,309$559,0002026-04-10
6341 E 6th Avesingle_family321,304$590,0002026-04-10
67 E 63rd Stsingle_family311,078$370,0002026-04-01
171 E 56th Stsingle_family321,343$600,0002026-03-31
3360 E 10th Avesingle_family31936$625,9992026-03-11
4631 E 8th Ctsingle_family321,000$535,0002026-03-10
3880 E 8th Lnsingle_family32924$550,0002026-03-10
4310 E 9th Lnsingle_family311,025$440,0002026-03-10
6340 E 3rd Avesingle_family311,579$230,0002026-03-09
1012 E 20th Stsingle_family321,450$600,0002026-03-06
614 E 56th Stsingle_family322,054$660,0002026-02-20
825 E 35th Stsingle_family322,616$620,0002026-02-10
665 E 31st Stsingle_family321,568$575,0002026-02-03
320 E 58th Stsingle_family311,040$560,0002026-01-16
4205 E 10th Avesingle_family311,670$680,0002026-01-15

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.

AddressTypeBedsBathsSqftAsking priceDays on market
267 E 56th Stsingle_family321,235$579,900
733 E 26th Stmulti_family321,886$500,000
4585 E 9th Lnsingle_family311,268$569,900
50 E 44th Stsingle_family31900$490,000
30 E 36th Stsingle_family321,515$600,000
367 E 46th Stsingle_family32948$539,000
500 E 30th Stsingle_family322,233$657,000
636 E 48th Stsingle_family31924$558,000

10-year hold projection

IRR-2.3%
Equity multiple0.61x
Total return (10yr)$22,142
YearProperty valueNOICash flowLoan balanceEquity
1$668,470$11,991-$29,967$513,571$154,899
2$688,524$12,467-$29,539$507,555$180,969
3$709,180$12,961-$29,094$501,126$208,054
4$730,455$13,472-$28,633$494,255$236,200
5$752,369$14,002-$28,155$486,913$265,456
6$774,940$14,551-$27,659$479,067$295,873
7$798,188$15,120-$27,145$470,681$327,507
8$822,134$15,709-$26,612$461,720$360,414
9$846,798$16,319-$26,059$452,144$394,654
10$872,202$16,950-$25,486$441,910$430,292
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.