750 NE 4th Pl

Hialeah, FL 33010 · single_family · For Sale · 58 days on market
Asking price$615,000
5 beds 2 baths 1,752 sqft
Suggested offer$493,451$121,549 above the est. market value of $493,451.
View on Realtor.com →
Listed by Victor Cruz · Miami Home Brokers Realty
Typesingle_family
Built1947
Price / sqft$351
Est. value (own analysis)$493,451
Rent estimate (own analysis)$4,900/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-06
Removed date
MLSMiamiMLS #A12048815
Coordinates25.82594, -80.26623
Address750 NE 4th Pl
CityHialeah
StateFL
Zip33010
Listing ID5561353193
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33010)

Typical home value (ZHVI)$536,631
Typical rent (ZORI)$2,166/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$615,000
Down payment (20.0%)$123,000
Loan amount$492,000
Closing costs (5.0%)$30,750
Total cash to close$153,750
Rent (comp-derived)$4,900$58,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$58,800
Vacancy rate (assumption) assumption8.0%

$58,800 × 8.0% = $4,704

Effective gross income$4,508$54,096
Property tax (placeholder 1.9% of price)$974$11,685
Insurance (placeholder 0.8% of price)$410$4,920
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$245$2,940
Total operating expenses$1,629$19,545
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,096
Total operating expenses derived$19,545

$54,096 − $19,545 = $34,551

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$492,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$492,000 amortized at 6.7% over 30 years = $3,162/mo

CapEx reserve (5.0% of GSR)$245$2,940
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$34,551
Annual debt service derived$37,941
Annual CapEx reserve assumption$2,940
Annual PMI assumption$0

($34,551 − $37,941 − $2,940 − $0) ÷ 12 = -$527

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$34,551
Purchase price data$615,000

$34,551 ÷ $615,000 = 5.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$6,330
Total cash to close derived$153,750

-$6,330 ÷ $153,750 = -4.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$34,551
Annual debt service derived$37,941

$34,551 ÷ $37,941 = 0.91

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$58,800
Purchase price data$615,000

($58,800 ÷ 12) ÷ $615,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$615,000
Gross scheduled rent (annual) comp$58,800

$615,000 ÷ $58,800 = 10.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,545
Effective gross income derived$54,096

$19,545 ÷ $54,096 = 36.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,545
Annual debt service derived$37,941
Annual PMI assumption$0
Gross scheduled rent (annual) comp$58,800

($19,545 + $37,941 + $0) ÷ $58,800 = 97.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family541,769$5,450
single_family521,750$4,9002026-07-01
single_family532,263$4,200

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 →

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 →

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
840 SE 4th Plsingle_family532,124$500,0002026-06-09
174 E 15th Stsingle_family522,284$580,0002026-06-03
412 W 15th Stsingle_family532,295$710,0002026-04-10
359 E 19th Stsingle_family551,876$645,0002025-10-28

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
171 W 13th Stsingle_family53$650,000
965 W 23rd Stsingle_family521,816$584,900
921 E 14th Stsingle_family542,253$690,000
611 SE 4th Stsingle_family521,425$675,000
940 E 9th Plsingle_family541,558$550,000
329 W 18th Stmulti_family532,054$885,000
42 E 13th Stmulti_family531,655$700,000
350 To to Lo Chee Drsingle_family542,933$850,000

10-year hold projection

IRR8.0%
Equity multiple2.26x
Total return (10yr)$273,584
YearProperty valueNOICash flowLoan balanceEquity
1$633,450$34,551-$6,330$486,666$146,784
2$652,454$35,685-$5,269$480,965$171,488
3$672,027$36,856-$4,174$474,873$197,154
4$692,188$38,064-$3,042$468,363$223,825
5$712,954$39,312-$1,874$461,405$251,549
6$734,342$40,599-$668$453,970$280,372
7$756,372$41,927$577$446,024$310,349
8$779,064$43,298$1,863$437,532$341,531
9$802,436$44,714$3,191$428,458$373,978
10$826,509$46,174$4,562$418,760$407,749
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.