225 E 41st St

Hialeah, FL 33013 · single_family · For Sale · 173 days on market
Asking price$530,000
4 beds 4 baths 1,704 sqft
View on Realtor.com →
Listed by an agent · Keyes - Ft. Lauderdale
Typesingle_family
Built1953
Price / sqft$311
Est. value (own analysis)$589,993
Rent estimate (own analysis)$3,800/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-14
Removed date
MLSBeachesMLS #F10336787
Coordinates25.85994, -80.27808
Address225 E 41st St
CityHialeah
StateFL
Zip33013
Listing ID5501776812
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$530,000
Down payment (20.0%)$106,000
Loan amount$424,000
Closing costs (5.0%)$26,500
Total cash to close$132,500
Rent (comp-derived)$3,800$45,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,600
Vacancy rate (assumption) assumption8.0%

$45,600 × 8.0% = $3,648

Effective gross income$3,496$41,952
Property tax (placeholder 1.9% of price)$839$10,070
Insurance (placeholder 0.8% of price)$353$4,240
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$190$2,280
Total operating expenses$1,383$16,590
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$41,952
Total operating expenses derived$16,590

$41,952 − $16,590 = $25,362

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$424,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$424,000 amortized at 6.7% over 30 years = $2,725/mo

CapEx reserve (5.0% of GSR)$190$2,280
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$25,362
Annual debt service derived$32,697
Annual CapEx reserve assumption$2,280
Annual PMI assumption$0

($25,362 − $32,697 − $2,280 − $0) ÷ 12 = -$801

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,362
Purchase price data$530,000

$25,362 ÷ $530,000 = 4.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,615
Total cash to close derived$132,500

-$9,615 ÷ $132,500 = -7.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,362
Annual debt service derived$32,697

$25,362 ÷ $32,697 = 0.78

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,600
Purchase price data$530,000

($45,600 ÷ 12) ÷ $530,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$530,000
Gross scheduled rent (annual) comp$45,600

$530,000 ÷ $45,600 = 11.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,590
Effective gross income derived$41,952

$16,590 ÷ $41,952 = 39.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,590
Annual debt service derived$32,697
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,600

($16,590 + $32,697 + $0) ÷ $45,600 = 108.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,788$3,7502026-07-08
single_family421,226$3,8002026-06-26
single_family433,030$4,5002026-08-29

5190 E 1st Ave Unit B

Hialeah, 33013 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,788
Listed2026-07-08
Days on market

Asking rent: $3,750

View on Zillow →

951 E 32nd St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,226
Listed2026-06-26
Days on market

Asking rent: $3,800

View on Zillow →

326 E 34th St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,030
Listed2026-08-29
Days on market

Asking rent: $4,500

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
174 E 41st Stsingle_family422,024$600,0002026-08-31
832 E 20th Stsingle_family421,502$464,0002026-08-06
252 E 37th Stsingle_family431,845$650,0002026-07-24
691 E 62nd Stsingle_family431,739$640,0002026-07-10
341 E 58th Stsingle_family432,053$735,0002026-07-07
6230 E 2nd Avesingle_family431,808$630,0002026-07-02
120 E 44th Stsingle_family421,844$715,0002026-05-22
761 E 45th Stsingle_family431,670$615,0002026-05-19
350 E 58th Stsingle_family441,891$600,0002026-05-14
104 E 58th Stsingle_family431,168$675,0002026-04-27
359 E 46th Stsingle_family431,378$565,0002026-04-24
4990 E Palm Ctsingle_family432,011$659,0002026-04-20
571 E 54th Stsingle_family431,397$655,0002026-04-10
580 E 44th Stsingle_family431,594$635,0002026-04-01
180 E 56th Stsingle_family411,963$600,0002026-03-27
390 E 44th Stsingle_family421,731$590,0002026-03-20
272 E 54th Stsingle_family442,208$735,0002026-03-17
300 E 37th Stsingle_family422,109$595,0002026-03-16
380 E 65th Stsingle_family432,228$471,1512026-02-24
2260 E 9th Avesingle_family421,580$755,0002026-02-20
4590 E 9th Ctsingle_family411,265$620,0002026-02-03
250 E 34th Stsingle_family421,570$640,0002025-12-29
271 E 57th Stsingle_family422,398$825,0002025-12-18
5066 E 9th Ctsingle_family45$620,0002025-12-15
200 E 60th Stsingle_family431,520$690,0002025-12-11
361 E 39th Stsingle_family421,749$600,0002025-12-10
160 E 39th Stsingle_family42984$220,0002025-12-01
761 E 39th Stsingle_family422,701$415,3002025-11-19
5080 E 5th Avesingle_family421,816$595,0002025-11-19
280 E 39th Stsingle_family432,025$600,0002025-11-18
870 E 39th Plsingle_family421,539$560,0002025-11-14
750 E 31st Stsingle_family442,345$730,0002025-11-07
911 E 32nd Stsingle_family421,187$575,0002025-10-08
46 E 53rd Tersingle_family432,215$450,0002025-09-29
539 E 30th Stsingle_family43$615,0002025-09-23
231 E 41st Stsingle_family431,232$620,0002025-09-12

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
445 E 43rd Stsingle_family43720$419,900
225 E 43rd Stsingle_family421,650$589,900
311 E 51st Stsingle_family442,630$734,800
961 E 32nd Stsingle_family432,097$759,000
1061 E 20th Stsingle_family421,475$598,000
901 E 32nd Stsingle_family432,020$2,000,000
3521 E 8th Avesingle_family421,582$663,300
766 E 36th Stsingle_family421,186$635,000

10-year hold projection

IRR5.6%
Equity multiple1.90x
Total return (10yr)$187,950
YearProperty valueNOICash flowLoan balanceEquity
1$545,900$25,362-$9,615$419,403$126,497
2$562,277$26,206-$8,828$414,490$147,787
3$579,145$27,077-$8,015$409,240$169,905
4$596,520$27,976-$7,176$403,629$192,891
5$614,415$28,905-$6,308$397,633$216,782
6$632,848$29,864-$5,413$391,225$241,622
7$651,833$30,854-$4,487$384,378$267,456
8$671,388$31,875-$3,532$377,060$294,329
9$691,530$32,930-$2,545$369,239$322,291
10$712,276$34,019-$1,525$360,881$351,394
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.