18830 NW 57th Ave Apt 304
Hialeah, FL 33015 · condos · For Sale · 27 days on market
Asking price$195,000
1 beds 1 baths 851 sqft
Listed by Gulcin Morello · MTRE Groupe LLC
Typecondos
Built1994
Price / sqft$229
Est. value (own analysis)$232,238
Rent estimate (own analysis)$1,900/mo
HOA$390/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-06
Removed date—
MLSMiamiMLS #A12066932
Coordinates25.94463, -80.29636
Address18830 NW 57th Ave Apt 304
CityHialeah
StateFL
Zip33015
Listing ID5605889754
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33015)
Typical home value (ZHVI)$397,440
Typical rent (ZORI)$2,324/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 | $195,000 |
| Down payment (20.0%) | $39,000 |
| Loan amount | $156,000 |
| Closing costs (5.0%) | $9,750 |
| Total cash to close | $48,750 |
| Income | |
| Rent (comp-derived) | $1,900$22,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,748$20,976 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $309$3,705 |
| Insurance (est. scaled by flood & wind risk) | $195$2,340 |
| HOA dues | $390$4,680 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $95$1,140 |
| Total operating expenses | $989$11,865 |
| 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) | $95$1,140 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 805 | $1,965 | 2026-06-16 | — | |
| apartment | 1 | 1 | 738 | $2,048 | 2025-07-22 | — | |
| apartment | 1 | 1 | 1,050 | $2,040 | 2026-05-23 | — | |
| condos | 1 | 1 | 749 | $1,800 | 2026-08-12 | — | |
| apartment | 1 | 1 | 851 | $1,950 | 2026-08-17 | — | |
| condos | 1 | 2 | 943 | $1,650 | 2026-07-01 | — | |
| condos | 1 | 1 | 750 | $1,800 | 2026-08-17 | — | |
| condos | 1 | 1 | 679 | $1,800 | 2026-08-10 | — | |
| apartment | 1 | 2 | 982 | $1,800 | 2026-06-18 | — | |
| apartment | 1 | 1 | 700 | $1,700 | 2026-06-30 | — | |
| condos | 1 | 1 | 887 | $1,750 | 2026-07-29 | — | |
| condos | 1 | 1 | 763 | $1,850 | 2026-07-14 | — | |
| condos | 1 | 2 | 943 | $2,200 | 2026-05-24 | — | |
| condos | 1 | 1 | 782 | $1,800 | 2026-07-14 | — | |
| condos | 1 | 1 | 639 | $1,800 | 2026-06-23 | — | |
| condos | 1 | 1 | 749 | $1,700 | 2026-07-16 | — | |
| apartment | 1 | 1 | 750 | $1,900 | 2026-08-25 | — | |
| condos | 1 | 2 | 989 | $1,900 | 2026-08-21 | — | |
| apartment | 1 | 2 | 1,136 | $1,800 | 2026-08-13 | — | |
| condos | 1 | 1 | 870 | $2,000 | 2026-08-24 | — | |
| apartment | 1 | 1 | 660 | $1,600 | 2026-07-31 | — | |
| apartment | 1 | 1 | 749 | $1,775 | 2026-06-01 | — | |
| condos | 1 | 1 | 648 | $1,750 | 2026-08-22 | — | |
| condos | 1 | 1 | 887 | $2,000 | 2026-08-18 | — | |
| apartment | 1 | 1 | 1,000 | $2,099 | 2026-08-14 | — | |
| apartment | 1 | 1 | 1,094 | $1,500 | 2026-07-16 | — | |
| condos | 1 | 1 | 752 | $2,000 | 2026-08-17 | — | |
| condos | 1 | 2 | 977 | $1,780 | 2026-08-12 | — | |
| apartment | 1 | 1 | 870 | $1,899 | 2026-08-18 | — | |
| condos | 1 | 2 | 943 | $1,700 | 2026-05-22 | — | |
| condos | 1 | 1 | 870 | $1,800 | 2026-08-10 | — | |
| apartment | 1 | 1 | 660 | $1,700 | 2026-07-11 | — | |
| condos | 1 | 2 | 1,000 | $2,088 | 2026-08-14 | — | |
| condos | 1 | 2 | 982 | $1,750 | 2026-06-08 | — | |
| condos | 1 | 2 | 977 | $1,900 | 2026-08-17 | — | |
| apartment | 1 | 1 | 870 | $1,850 | 2026-08-06 | — | |
| condos | 1 | 1 | 695 | $1,800 | 2026-07-29 | — | |
| condos | 1 | 1 | 678 | $1,800 | 2026-04-20 | — | |
| condos | 1 | 2 | 1,136 | $1,850 | 2026-06-23 | — | |
| condos | 1 | 1 | 740 | $1,700 | 2026-07-05 | — | |
| condos | 1 | 1 | 870 | $1,850 | 2026-07-20 | — | |
| condos | 1 | 2 | 883 | $1,800 | 2025-10-26 | — | |
| condos | 1 | 1 | 870 | $1,799 | 2026-07-31 | — | |
| condos | 1 | 1 | 870 | $1,790 | 2026-06-11 | — | |
| condos | 1 | 1 | 695 | $1,750 | 2026-08-11 | — | |
| condos | 1 | 2 | 774 | $2,119 | 2026-08-14 | — | |
| condos | 1 | 1 | 660 | $1,730 | 2026-05-11 | — | |
| condos | 1 | 2 | 883 | $1,800 | 2026-05-14 | — | |
| condos | 1 | 1 | 870 | $1,900 | 2026-08-12 | — | |
| condos | 1 | 1 | 679 | $1,900 | 2026-04-13 | — | |
| apartment | 1 | 1 | 750 | $1,800 | 2026-05-20 | — | |
| apartment | 1 | 1 | 774 | $2,154 | — | — | |
| apartment | 1 | 1 | 774 | $2,183 | — | — | |
| apartment | 1 | 1 | 774 | $2,154 | — | — | |
| apartment | 1 | 1 | 774 | $2,151 | — | — | |
| apartment | 1 | 1 | 774 | $2,160 | — | — | |
| apartment | 1 | 1 | 1,000 | $2,159 | — | — | |
| apartment | 1 | 2 | 982 | $1,950 | — | — | |
| apartment | 1 | 1 | 805 | $1,890 | — | — | |
| apartment | 1 | 1 | 750 | $1,800 | 2026-05-20 | — | |
| apartment | 1 | 1 | 805 | $2,193 | — | — | |
| apartment | 1 | 1 | 870 | $2,175 | — | — | |
| apartment | 1 | 1 | 1,000 | $2,165 | — | — | |
| apartment | 1 | 1 | 805 | $1,890 | — | — | |
| apartment | 1 | 1 | 805 | $1,939 | — | — | |
| apartment | 1 | 1 | 775 | $2,011 | — | — | |
| apartment | 1 | 1 | 738 | $2,220 | — | — | |
| apartment | 1 | 1 | 738 | $2,629 | — | — | |
| apartment | 1 | 2 | 1,000 | $2,233 | — | — | |
| apartment | 1 | 1 | 775 | $2,077 | — | — | |
| apartment | 1 | 2 | 1,000 | $2,187 | — | — | |
| apartment | 1 | 1 | 1,000 | $2,171 | — | — | |
| apartment | 1 | 1 | 738 | $2,635 | — | — | |
| apartment | 1 | 2 | 1,000 | $2,233 | — | — | |
| apartment | 1 | 1 | 738 | $2,949 | — | — | |
| apartment | 1 | 1 | 738 | $2,046 | — | — | |
| apartment | 1 | 1 | 738 | $2,252 | — | — | |
| apartment | 1 | 1 | 738 | $2,247 | — | — | |
| apartment | 1 | 1 | 738 | $2,292 | — | — | |
| apartment | 1 | 1 | 775 | $2,038 | — | — | |
| apartment | 1 | 1 | 738 | $2,701 | — | — | |
| apartment | 1 | 1 | 738 | $2,060 | — | — | |
| condos | 1 | 1 | 679 | $1,900 | 2026-08-29 | — | |
| condos | 1 | 1 | 679 | $1,850 | 2026-08-29 | — | |
| condos | 1 | 2 | 982 | $1,750 | 2026-08-29 | — | |
| condos | 1 | 1 | 870 | $1,850 | 2026-08-29 | — | |
| condos | 1 | 2 | 883 | $1,700 | 2026-09-02 | — | |
| condos | 1 | 1 | 763 | $1,850 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 18324 NW 68th Ave Apt H | condos | 1 | 1 | 782 | $190,000 | 2026-07-31 |
| 17505 NW 67th Pl Unit I11 | condos | 1 | 1 | 750 | $205,000 | 2026-07-08 |
| 7215 NW 179th St Apt 206 | condos | 1 | 1 | 679 | $195,000 | 2026-07-01 |
| 7220 NW 179th St Apt 111 | condos | 1 | 1 | 679 | $195,000 | 2026-06-02 |
| 6960 Miami Gardens Dr Unit 2-525 | condos | 1 | 2 | 989 | $154,000 | 2026-05-26 |
| 17530 NW 68th Ave Apt C4008 | condos | 1 | 1 | 660 | $159,000 | 2026-05-26 |
| 7160 NW 179th St Apt 309 | condos | 1 | 1 | 679 | $195,000 | 2026-05-21 |
| 6940 Miami Gardens Dr Unit 1-126 | condos | 1 | 1 | 870 | $210,000 | 2026-05-12 |
| 17000 NW 67th Ave Apt 230 | condos | 1 | 2 | 771 | $175,000 | 2026-05-01 |
| 17911 NW 68th Ave Apt P207 | condos | 1 | 2 | 982 | $125,000 | 2026-04-07 |
| 17500 NW 67th Ct Unit E19 | condos | 1 | 1 | 634 | $219,000 | 2026-03-24 |
| 17505 NW 67th Pl Unit D11 | condos | 1 | 1 | 750 | $240,000 | 2026-02-25 |
| 7000 NW 186th St Unit 4-129 | condos | 1 | 1 | 382 | $156,000 | 2026-01-20 |
| 17580 NW 67th Pl Unit F1 | condos | 1 | 1 | 632 | $210,000 | 2026-01-06 |
| 7075 NW 186th St Apt C101 | condos | 1 | 1 | 619 | $180,000 | 2025-12-26 |
| 5608647433 | condos | 1 | 1 | 851 | $210,000 | 2025-12-05 |
| 6990 NW 186th St Apt 4-511 | condos | 1 | 1 | 870 | $215,000 | 2025-11-25 |
| 7110 NW 179th St Apt 108 | condos | 1 | 1 | 679 | $185,000 | 2025-10-20 |
| 17530 NW 68th Ave Apt C4014 | condos | 1 | 1 | 660 | $150,000 | 2025-10-20 |
| 6195 NW 186th St Apt 213 | condos | 1 | 1 | 749 | $209,000 | 2025-10-03 |
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 |
|---|---|---|---|---|---|---|
| 18051 NW 68th Ave Apt K201 | condos | 1 | 2 | 982 | $129,000 | — |
| condos | 1 | 1 | 870 | $215,500 | — | |
| 17911 NW 68th Ave Apt N206 | condos | 1 | 2 | 943 | $120,000 | — |
| 18328 NW 68th Ave Apt O | condos | 1 | 1 | 782 | $185,000 | — |
| 6812 Brookline Dr Unit 6812 | condos | 1 | 2 | 951 | $245,000 | — |
| 17425 NW 67th Pl Unit N13 | condos | 1 | 1 | 750 | $229,500 | — |
| 6980 NW 186th St Unit 3-423 | condos | 1 | 1 | 382 | $152,900 | — |
| 18304 NW 68th Ave Apt N | condos | 1 | 1 | 763 | $185,000 | — |
10-year hold projection
IRR5.0%
Equity multiple1.81x
Total return (10yr)$64,753
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $200,850 | $9,111 | -$4,059 | $154,309 | $46,541 |
| 2 | $206,876 | $9,444 | -$3,755 | $152,501 | $54,374 |
| 3 | $213,082 | $9,788 | -$3,440 | $150,569 | $62,512 |
| 4 | $219,474 | $10,144 | -$3,114 | $148,505 | $70,969 |
| 5 | $226,058 | $10,512 | -$2,776 | $146,299 | $79,760 |
| 6 | $232,840 | $10,893 | -$2,427 | $143,941 | $88,899 |
| 7 | $239,825 | $11,287 | -$2,065 | $141,422 | $98,404 |
| 8 | $247,020 | $11,694 | -$1,691 | $138,729 | $108,291 |
| 9 | $254,431 | $12,115 | -$1,304 | $135,852 | $118,579 |
| 10 | $262,064 | $12,551 | -$903 | $132,777 | $129,287 |
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.