Listed by Pedro Hidalgo · Prime Realty Of South Florida
Typecondos
Built1971
Price / sqft$337
Est. value (own analysis)$178,227
Rent estimate (own analysis)$1,970/mo
HOA$298/mo
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Statusfor_sale
Listed date2025-10-15
Removed date—
MLSMiamiMLS #A11896581
Coordinates25.89559, -80.29510
Address8005 W Six Ave Unit B
CityHialeah
StateFL
Zip33014
Listing ID5457981228
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33014)
Typical home value (ZHVI)$442,718
Typical rent (ZORI)$2,327/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
$198,900
Down payment (20.0%)
$39,780
Loan amount
$159,120
Closing costs (5.0%)
$9,945
Total cash to close
$49,725
Income
Rent (comp-derived)
$1,970$23,640
Vacancy loss (8.0%)
Effective gross income
$1,812$21,749
Operating expenses
Property tax (placeholder 1.9% of price)
$315$3,779
Insurance (placeholder 0.8% of price)
$133$1,591
HOA dues
$298$3,576
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$99$1,182
Total operating expenses
$844$10,128
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)
$99$1,182
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.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
apartment
1
1
666
$2,347
—
—
apartment
1
1
737
$2,056
—
—
apartment
1
1
600
$1,937
—
—
apartment
1
1
750
$1,962
—
—
apartment
1
1
737
$2,076
—
—
apartment
1
1
600
$1,957
—
—
apartment
1
1
750
$1,972
—
—
apartment
1
1
750
$1,992
—
—
apartment
1
1
750
$1,972
—
—
apartment
1
1
750
$1,957
—
—
apartment
1
1
737
$2,081
—
—
apartment
1
1
638
$1,889
2024-04-12
—
apartment
1
1
600
$1,942
2025-01-03
—
apartment
1
1
450
$1,550
2025-09-22
—
apartment
1
1
765
$2,267
2025-01-03
—
apartment
1
1
666
$2,043
2025-01-03
—
apartment
1
1
640
$1,925
2024-11-26
—
condos
1
1
640
$1,800
2026-07-10
—
apartment
1
1
544
$1,850
2026-08-18
—
condos
1
1
725
$1,995
2026-06-30
—
condos
1
1
617
$1,700
2026-07-19
—
condos
1
1
672
$1,900
2026-05-28
—
condos
1
1
544
$1,850
2026-08-06
—
apartment
1
1
700
$1,850
2026-05-06
—
apartment
1
1
600
$1,600
2026-08-19
—
condos
1
1
600
$1,600
2026-04-29
—
condos
1
1
750
$1,995
2026-08-07
—
condos
1
1
600
$1,600
2026-07-09
—
condos
1
1
600
$1,750
2026-06-29
—
condos
1
1
600
$1,600
2026-07-08
—
condos
1
1
672
$2,300
2026-08-14
—
condos
1
1
600
$1,650
2026-04-16
—
apartment
1
1
700
$1,970
2026-08-07
—
apartment
1
1
684
$2,500
—
—
condos
1
1
750
$1,925
—
—
condos
1
1
750
$2,002
—
—
apartment
1
1
714
$2,055
—
—
apartment
1
1
765
$2,651
—
—
apartment
1
2
785
$2,320
—
—
condos
1
1
700
$1,999
2026-06-04
—
apartment
1
1
765
$2,610
—
—
apartment
1
2
785
$2,340
—
—
apartment
1
2
785
$2,360
—
—
apartment
1
1
720
$1,920
2026-06-29
—
apartment
1
1
590
$1,900
2026-08-27
—
apartment
1
1
684
$2,535
—
—
apartment
1
1
684
$2,500
—
—
condos
1
1
600
$1,650
2026-08-28
—
condos
1
1
684
$2,470
2026-09-01
—
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.
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.
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.