380 W 30th St

Hialeah, FL 33012 · single_family · For Sale · 83 days on market
Asking price$775,000
5 beds 3 baths 2,251 sqft
Suggested offer$749,515$25,485 above the est. market value of $749,515.
View on Realtor.com →
Listed by Lorraine Lara · Keyes - Weston
Typesingle_family
Built1955
Price / sqft$344
Est. value (own analysis)$749,515
Rent estimate (own analysis)$5,100/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-11
Removed date
MLSMiamiMLS #A12034736
Coordinates25.84870, -80.28952
Address380 W 30th St
CityHialeah
StateFL
Zip33012
Listing ID5531552300
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)

Purchase price$775,000
Down payment (20.0%)$155,000
Loan amount$620,000
Closing costs (5.0%)$38,750
Total cash to close$193,750
Rent (comp-derived)$5,100$61,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$61,200
Vacancy rate (assumption) assumption8.0%

$61,200 × 8.0% = $4,896

Effective gross income$4,692$56,304
Property tax (placeholder 1.9% of price)$1,227$14,725
Insurance (placeholder 0.8% of price)$517$6,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$255$3,060
Total operating expenses$1,999$23,985
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$56,304
Total operating expenses derived$23,985

$56,304 − $23,985 = $32,319

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$620,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$620,000 amortized at 6.7% over 30 years = $3,984/mo

CapEx reserve (5.0% of GSR)$255$3,060
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$32,319
Annual debt service derived$47,811
Annual CapEx reserve assumption$3,060
Annual PMI assumption$0

($32,319 − $47,811 − $3,060 − $0) ÷ 12 = -$1,546

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$32,319
Purchase price data$775,000

$32,319 ÷ $775,000 = 4.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$18,552
Total cash to close derived$193,750

-$18,552 ÷ $193,750 = -9.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$32,319
Annual debt service derived$47,811

$32,319 ÷ $47,811 = 0.68

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$61,200
Purchase price data$775,000

($61,200 ÷ 12) ÷ $775,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$775,000
Gross scheduled rent (annual) comp$61,200

$775,000 ÷ $61,200 = 12.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,985
Effective gross income derived$56,304

$23,985 ÷ $56,304 = 42.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,985
Annual debt service derived$47,811
Annual PMI assumption$0
Gross scheduled rent (annual) comp$61,200

($23,985 + $47,811 + $0) ÷ $61,200 = 117.3%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,540$3,920
single_family541,769$5,450
single_family521,750$4,9002026-07-01
single_family552,759$5,1002026-08-07
single_family552,909$5,9002026-08-04
single_family532,263$4,200
single_family553,017$5,500

623 W 63rd Dr

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,540
Listed
Days on market

Asking rent: $3,920

View on Zillow →

5862 W 2nd Ct

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,769
Listed
Days on market

Asking rent: $5,450

View on Zillow →

3455 E 1st Ct Unit 3455

Hialeah, 33013 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,750
Listed2026-07-01
Days on market

Asking rent: $4,900

View on Zillow →

8843 W 34th Ave

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,759
Listed2026-08-07
Days on market

Asking rent: $5,100

View on Zillow →

10614 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,909
Listed2026-08-04
Days on market

Asking rent: $5,900

View on Zillow →

11035 W 35th Way # 11035

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,263
Listed
Days on market

Asking rent: $4,200

View on Zillow →

17994 NW 87th Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,017
Listed
Days on market

Asking rent: $5,500

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
4265 W 8th Avesingle_family542,102$730,0002026-08-05
937 W 33rd Stsingle_family542,599$810,0002026-07-06
5431 W 2nd Avesingle_family521,476$604,0002026-06-15
766 W 36th Stsingle_family532,136$695,0002026-06-09
3920 W 3rd Avesingle_family521,847$655,0002026-05-26
3581 W 2nd Avesingle_family521,485$440,0002026-05-07
4141 W 4th Avesingle_family532,410$639,0002026-05-05
6120 NW 110th Tersingle_family531,963$685,0002026-05-01
261 W 41st Stsingle_family533,158$597,7002026-04-10
1317 W 61st Plsingle_family521,900$630,0002026-04-09
5355 W 5th Lnsingle_family531,929$645,0002026-03-24
900 W 50th Plsingle_family531,776$620,0002026-02-19
6520 W 8th Lnsingle_family532,055$690,0002025-12-15
839 W 39th Plsingle_family553,864$860,0002025-10-29

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
700 W 51st Plsingle_family542,293$895,000
142 W 35th Stsingle_family521,610$720,000
6265 W 10th Avesingle_family543,315$1,595,000
340 W 55th Stsingle_family532,421$719,997
6185 W 10th Avesingle_family541,852$2,000,000
1450 W 37th Stsingle_family532,728$850,000
733 W 33rd Stsingle_family532,280$650,000
4210 W 6th Avesingle_family532,100$829,900

10-year hold projection

IRR3.9%
Equity multiple1.63x
Total return (10yr)$223,183
YearProperty valueNOICash flowLoan balanceEquity
1$798,250$32,319-$18,552$613,278$184,972
2$822,198$33,408-$17,539$606,094$216,104
3$846,863$34,534-$16,493$598,417$248,447
4$872,269$35,696-$15,411$590,212$282,057
5$898,437$36,896-$14,293$581,445$316,993
6$925,391$38,135-$13,139$572,075$353,316
7$953,152$39,415-$11,945$562,062$391,091
8$981,747$40,736-$10,713$551,361$430,386
9$1,011,199$42,101-$9,439$539,925$471,274
10$1,041,535$43,510-$8,123$527,704$513,831
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.