890 E 28th St
Hialeah, FL 33013 · single_family · For Sale · 48 days on market
Asking price$1,050,000
5 beds 4 baths 2,737 sqft
Suggested offer$823,974$226,026 above the est. market value of $823,974.
View on Realtor.com →Listed by Yoann Revuelta · EXP Realty, LLC
Typesingle_family
Built1946
Price / sqft$384
Est. value (own analysis)$823,974
Rent estimate (own analysis)$5,300/mo
HOANone
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Statusfor_sale
Listed date2026-07-16
Removed date—
MLSMiamiMLS #A12054454
Coordinates25.84783, -80.26445
Address890 E 28th St
CityHialeah
StateFL
Zip33013
Listing ID5543514667
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,050,000 |
| Down payment (20.0%) | $210,000 |
| Loan amount | $840,000 |
| Closing costs (5.0%) | $52,500 |
| Total cash to close | $262,500 |
| Income | |
| Rent (comp-derived) | $5,300$63,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,876$58,512 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,663$19,950 |
| Insurance (placeholder 0.8% of price) | $700$8,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $265$3,180 |
| Total operating expenses | $2,628$31,530 |
| 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) | $265$3,180 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 2,540 | $3,920 | — | — | |
| single_family | 5 | 5 | 2,759 | $5,100 | 2026-08-07 | — | |
| single_family | 5 | 3 | 3,316 | $6,000 | 2026-08-15 | — | |
| single_family | 5 | 5 | 2,909 | $5,900 | 2026-08-04 | — | |
| single_family | 5 | 3 | 2,263 | $4,200 | — | — | |
| single_family | 5 | 5 | 3,017 | $5,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 20 E 52nd Pl | single_family | 5 | 4 | 1,982 | $640,000 | 2026-08-12 |
| 1051 E 18th St | single_family | 5 | 4 | 1,780 | $525,000 | 2026-07-20 |
| 3600 E 5th Ave | single_family | 5 | 3 | 1,913 | $655,000 | 2026-06-29 |
| 636 E 42nd St | single_family | 5 | 3 | 2,389 | $460,000 | 2026-06-25 |
| 670 E 45th St | single_family | 5 | 2 | 1,614 | $596,000 | 2026-05-22 |
| 880 E 28th St | single_family | 5 | 4 | 1,692 | $590,000 | 2026-03-10 |
| 4660 E 4th Ave | single_family | 5 | 3 | 1,720 | $430,000 | 2026-01-26 |
| 675 E 31st St | single_family | 5 | 3 | 2,001 | $630,000 | 2026-01-23 |
| 105 E 55th St | single_family | 5 | 3 | 1,788 | $655,000 | 2026-01-06 |
| 385 E 56th St | single_family | 5 | 2 | 2,081 | $639,185 | 2025-12-24 |
| 533 E 61st St | single_family | 5 | 3 | 2,226 | $770,000 | 2025-12-17 |
| 499 E 41st St | single_family | 5 | 2 | 1,740 | $440,000 | 2025-12-15 |
| 230 E 62nd St | single_family | 5 | 3 | 1,932 | $595,000 | 2025-12-09 |
| 370 E 58th St | single_family | 5 | 4 | 2,698 | $610,000 | 2025-11-18 |
| 9293281466 | single_family | 5 | 4 | 2,698 | $610,000 | 2025-11-18 |
| 602 E 50th St | single_family | 5 | 3 | 2,365 | $650,000 | 2025-11-10 |
| 75 E 41st St | single_family | 5 | 3 | 1,542 | $430,503 | 2025-10-30 |
| 380 E 45th St | single_family | 5 | 4 | 2,290 | $585,000 | 2025-09-26 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 458 E 20th St | multi_family | 5 | 4 | 2,211 | $849,999 | — |
| single_family | 5 | 4 | 3,389 | $659,900 | — | |
| 562 E 44th St | single_family | 5 | 3 | 2,213 | $580,000 | — |
| 890 E 38th St | single_family | 5 | 3 | 2,318 | $815,000 | — |
| 542 E 20th St | single_family | 5 | 4 | 1,260 | $700,000 | — |
| 4719 E 8th Ct | single_family | 5 | 3 | 1,514 | $634,900 | — |
| 309 E 49th St | single_family | 5 | 3 | 1,204 | $1,900,000 | — |
| 758 E 20th St | single_family | 5 | 3 | 2,531 | $599,995 | — |
10-year hold projection
IRR-0.4%
Equity multiple0.94x
Total return (10yr)$120,295
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,081,500 | $26,982 | -$40,975 | $830,892 | $250,608 |
| 2 | $1,113,945 | $27,949 | -$40,087 | $821,160 | $292,785 |
| 3 | $1,147,363 | $28,949 | -$39,169 | $810,758 | $336,605 |
| 4 | $1,181,784 | $29,983 | -$38,218 | $799,643 | $382,142 |
| 5 | $1,217,238 | $31,053 | -$37,234 | $787,764 | $429,474 |
| 6 | $1,253,755 | $32,158 | -$36,217 | $775,069 | $478,686 |
| 7 | $1,291,368 | $33,301 | -$35,163 | $761,503 | $529,865 |
| 8 | $1,330,109 | $34,483 | -$34,074 | $747,005 | $583,104 |
| 9 | $1,370,012 | $35,705 | -$32,946 | $731,511 | $638,501 |
| 10 | $1,411,112 | $36,968 | -$31,780 | $714,954 | $696,159 |
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.