952 E 19th St

Hialeah, FL 33013 · multi_family · For Sale · 176 days on market
Asking price$995,000
8 beds 5 baths 3,248 sqft
Suggested offer$900,995$94,005 above the est. market value of $900,995.
View on Realtor.com →
Listed by Victor Vianello · Coldwell Banker Realty
Typemulti_family
Built1947
Price / sqft$306
Est. value (own analysis)$900,995
Rent estimate (building total, own analysis)$10,653/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-10
Removed date
MLSMiamiMLS #A11972005
Coordinates25.83956, -80.26282
Address952 E 19th St
CityHialeah
StateFL
Zip33013
Listing ID5594345413
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$995,000
Down payment (20.0%)$199,000
Loan amount$796,000
Closing costs (5.0%)$49,750
Total cash to close$248,750
Rent (estimate)$10,653$127,841
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$127,841
Vacancy rate (assumption) assumption8.0%

$127,841 × 8.0% = $10,227

Effective gross income$9,801$117,614
Property tax (placeholder 1.9% of price)$1,575$18,905
Insurance (placeholder 0.8% of price)$663$7,960
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$533$6,392
Total operating expenses$2,771$33,257
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$117,614
Total operating expenses derived$33,257

$117,614 − $33,257 = $84,357

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$796,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$796,000 amortized at 6.7% over 30 years = $5,115/mo

CapEx reserve (5.0% of GSR)$533$6,392
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$84,357
Annual debt service derived$61,384
Annual CapEx reserve assumption$6,392
Annual PMI assumption$0

($84,357 − $61,384 − $6,392 − $0) ÷ 12 = $1,382

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$84,357
Purchase price data$995,000

$84,357 ÷ $995,000 = 8.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$16,581
Total cash to close derived$248,750

$16,581 ÷ $248,750 = 6.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$84,357
Annual debt service derived$61,384

$84,357 ÷ $61,384 = 1.37

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$127,841
Purchase price data$995,000

($127,841 ÷ 12) ÷ $995,000 = 1.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$995,000
Gross scheduled rent (annual) comp$127,841

$995,000 ÷ $127,841 = 7.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$33,257
Effective gross income derived$117,614

$33,257 ÷ $117,614 = 28.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$33,257
Annual debt service derived$61,384
Annual PMI assumption$0
Gross scheduled rent (annual) comp$127,841

($33,257 + $61,384 + $0) ÷ $127,841 = 74.0%

Comparables

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

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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
447 E 32nd Stmulti_family4,312$735,0002026-08-20
541 E 38th Stmulti_family422,677$895,0002026-07-13
540 E 44th Stmulti_family321,772$345,0002026-06-08
252 E 36th Stmulti_family2,544$650,0002026-05-15
5168 E 8th Lnmulti_family321,337$640,0002026-05-04
971 E 18th Stmulti_family2,345$700,0002026-01-14
26 E 48th Stmulti_family2,179$700,0002025-12-09
740 E 41st Stmulti_family3,228$750,0002025-10-28
1001 E 18th Stmulti_family412,029$520,0002025-10-17
4776 E 10th Avemulti_family1,740$715,0002025-10-15

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.

AddressTypeBedsBathsSqftAsking priceDays on market
955 W 23rd Stmulti_family843,544$1,250,000
236 E 56th Stsingle_family874,272$1,250,000
36 W 37th Stmulti_family853,030$1,100,000

10-year hold projection

IRR16.4%
Equity multiple3.50x
Total return (10yr)$750,963
YearProperty valueNOICash flowLoan balanceEquity
1$1,024,850$84,357$16,581$787,370$237,480
2$1,055,596$87,054$19,118$778,147$277,449
3$1,087,263$89,836$21,737$768,290$318,973
4$1,119,881$92,706$24,438$757,757$362,124
5$1,153,478$95,666$27,227$746,500$406,977
6$1,188,082$98,720$30,104$734,471$453,611
7$1,223,725$101,869$33,073$721,615$502,110
8$1,260,436$105,118$36,136$707,876$552,560
9$1,298,249$108,469$39,298$693,195$605,055
10$1,337,197$111,926$42,560$677,504$659,692
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.