217 W 34th St
Hialeah, FL 33012 · single_family · For Sale · 8 days on market
Asking price$1,200,000
6 beds 6 baths 3,202 sqft
Listed by Natalie Canut · Jmp International Realty Llc
Typesingle_family
Built1951
Price / sqft$375
Est. value (own analysis)$1,357,810
Rent estimate (Zillow ZIP avg)$2,270/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-25
Removed date—
MLSMiamiMLS #A12075588
Coordinates25.85314, -80.28683
Address217 W 34th St
CityHialeah
StateFL
Zip33012
Listing ID5461045137
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33012)
Typical home value (ZHVI)$385,585
Typical rent (ZORI)$2,270/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 | $1,200,000 |
| Down payment (20.0%) | $240,000 |
| Loan amount | $960,000 |
| Closing costs (5.0%) | $60,000 |
| Total cash to close | $300,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,270$27,241 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,088$25,062 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,900$22,800 |
| Insurance (est. scaled by flood & wind risk) | $1,280$15,360 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $114$1,362 |
| Total operating expenses | $3,294$39,522 |
| 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) | $114$1,362 |
| 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 |
|---|---|---|---|---|---|---|
| 3424 W 14th Ln | single_family | 6 | 1 | 3,019 | $625,000 | 2026-06-24 |
| 11200 NW 61st Ave | single_family | 6 | 5 | 1,580 | $670,000 | 2026-01-28 |
| 71 W 42nd St | single_family | 6 | 4 | 1,279 | $660,000 | 2025-10-03 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 191 SE 6th Ave | single_family | 6 | 3 | 2,032 | $790,000 | — |
| 830 E 12th Pl | single_family | 6 | 4 | 2,125 | $680,000 | — |
| 2474 W 4th Ct | multi_family | 6 | 4 | 2,430 | $1,750,000 | — |
| 292 W 39th Pl | single_family | 6 | 4 | 3,098 | $870,000 | — |
| 221 W 31st St | single_family | 6 | 2 | 1,803 | $730,000 | — |
| 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-10.0%
Equity multiple-0.71x
Total return (10yr)-$355,432
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,236,000 | -$14,460 | -$89,853 | $949,591 | $286,409 |
| 2 | $1,273,080 | -$14,696 | -$90,123 | $938,468 | $334,612 |
| 3 | $1,311,272 | -$14,935 | -$90,396 | $926,581 | $384,691 |
| 4 | $1,350,611 | -$15,175 | -$90,673 | $913,878 | $436,733 |
| 5 | $1,391,129 | -$15,418 | -$90,952 | $900,302 | $490,827 |
| 6 | $1,432,863 | -$15,662 | -$91,234 | $885,794 | $547,069 |
| 7 | $1,475,849 | -$15,908 | -$91,519 | $870,289 | $605,559 |
| 8 | $1,520,124 | -$16,156 | -$91,806 | $853,720 | $666,404 |
| 9 | $1,565,728 | -$16,406 | -$92,096 | $836,013 | $729,715 |
| 10 | $1,612,700 | -$16,658 | -$92,389 | $817,090 | $795,609 |
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.