830 E 12th Pl

Hialeah, FL 33010 · single_family · Pending — under contract · 330 days on market
Asking price$680,000
6 beds 4 baths 2,125 sqft
View on Realtor.com →
Listed by Greisy Montes De Oca · The Brokerage A Real Estate Company
Typesingle_family
Built1950
Price / sqft$320
Est. value (own analysis)$747,278
Rent estimate (Zillow ZIP avg)$2,166/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood2/10minor$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-10-07
Removed date
MLSMiamiMLS #A11889576
Coordinates25.83329, -80.26429
Address830 E 12th Pl
CityHialeah
StateFL
Zip33010
Listing ID5610928757
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$680,000
Down payment (20.0%)$136,000
Loan amount$544,000
Closing costs (5.0%)$34,000
Total cash to close$170,000
Rent (ZIP avg, ZORI — not bedroom-specific)$2,166$25,990
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$25,990
Vacancy rate (assumption) assumption8.0%

$25,990 × 8.0% = $2,079

Effective gross income$1,993$23,911
Property tax (placeholder 1.9% of price)$1,077$12,920
Insurance (est. scaled by flood & wind risk)$680$8,160
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$108$1,300
Total operating expenses$1,865$22,380
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$23,911
Total operating expenses derived$22,380

$23,911 − $22,380 = $1,531

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$544,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$544,000 amortized at 6.7% over 30 years = $3,496/mo

CapEx reserve (5.0% of GSR)$108$1,300
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$1,531
Annual debt service derived$41,951
Annual CapEx reserve assumption$1,300
Annual PMI assumption$0

($1,531 − $41,951 − $1,300 − $0) ÷ 12 = -$3,477

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$1,531
Purchase price data$680,000

$1,531 ÷ $680,000 = 0.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$41,719
Total cash to close derived$170,000

-$41,719 ÷ $170,000 = -24.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$1,531
Annual debt service derived$41,951

$1,531 ÷ $41,951 = 0.04

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$25,990
Purchase price data$680,000

($25,990 ÷ 12) ÷ $680,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$680,000
Gross scheduled rent (annual) comp$25,990

$680,000 ÷ $25,990 = 26.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,380
Effective gross income derived$23,911

$22,380 ÷ $23,911 = 93.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,380
Annual debt service derived$41,951
Annual PMI assumption$0
Gross scheduled rent (annual) comp$25,990

($22,380 + $41,951 + $0) ÷ $25,990 = 247.5%

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
233 E 15th Stsingle_family311,052$370,0002026-08-28
271 E 17th Stsingle_family321,431$550,0002026-08-20
671 NE 1st Plsingle_family431,606$555,0002026-08-20
2125 W 5th Avesingle_family21720$190,0002026-08-20
151 E 16th Stsingle_family321,037$499,0002026-08-18
1461 E 7th Ctsingle_family212,205$710,0002026-08-14
659 W 14th Stsingle_family421,921$610,0002026-08-14
430 SE 5th Stsingle_family321,678$590,0002026-08-13
661 NE 4th Plsingle_family432,501$775,0002026-08-05
661 E 7th Stsingle_family431,402$600,0002026-08-04
775 E 6th Plsingle_family21936$330,0002026-07-21
375 E Okeechobee Rdsingle_family421,526$500,0002026-07-16
699 SE 6th Plsingle_family311,606$550,0002026-07-14
621 SE 1st Stsingle_family421,757$670,0002026-07-13
625 E 8th Lnsingle_family411,226$599,0002026-07-10
610 E 6th Plsingle_family332,074$435,0002026-07-10
366 E 7th Stsingle_family321,118$460,0002026-07-06
244 E 15th Stsingle_family32728$524,0002026-06-29
841 E 15th Plsingle_family322,611$670,0002026-06-25
840 E 17th Stsingle_family211,300$350,0002026-06-18
2674 W 8th Ctsingle_family321,033$550,0002026-06-15
840 SE 4th Plsingle_family532,124$500,0002026-06-09
1640 W 6th Avesingle_family211,250$540,0002026-06-08
185 E 20th Stsingle_family211,066$480,0002026-06-08
309 E 18th Stsingle_family211,639$495,0002026-06-05
528 E 10th Stsingle_family431,575$589,0002026-06-05
2614 W 8th Ctsingle_family321,881$360,0002026-06-04
771 SE 4th Plsingle_family432,221$600,0002026-06-03
174 E 15th Stsingle_family522,284$580,0002026-06-03
251 W 27th Stsingle_family431,877$380,0002026-06-03
1971 W 2nd Avesingle_family431,410$660,0002026-05-27
911 E 9th Plsingle_family632,555$649,0002026-05-20
5486634978single_family311,206$510,0002026-05-19
740 NE 4th Plsingle_family211,064$430,0002026-05-15
941 E 16th Plsingle_family211,803$695,0002026-05-14
749 E 17th Stsingle_family211,290$525,0002026-05-11
670 SE 1st Stsingle_family421,322$450,0002026-05-01
683 SE 6th Plsingle_family331,605$630,0002026-04-30
325 SE 9th Avesingle_family311,302$565,0002026-04-30
825 E 9th Lnsingle_family421,855$580,0002026-04-27
671 E 6th Plsingle_family432,166$630,0002026-04-23
412 W 15th Stsingle_family532,295$710,0002026-04-10
650 SE 1st Plsingle_family31962$490,0002026-04-08
351 E 13th Stsingle_family431,404$715,0002026-04-07
2659 W 10th Avesingle_family211,161$470,0002026-03-24
218 E 20th Stsingle_family422,266$650,0002026-03-24
331 W 17th Stsingle_family421,550$560,0002026-03-23
102 W 27th Stsingle_family211,400$410,0002026-03-19
705 E 9th Lnsingle_family321,900$695,0002026-03-18
601 SE 8th Ctsingle_family321,980$265,0002026-03-16

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
191 SE 6th Avesingle_family632,032$790,000
2474 W 4th Ctmulti_family642,430$1,750,000
217 W 34th Stsingle_family663,202$1,200,000
292 W 39th Plsingle_family643,098$870,000
221 W 31st Stsingle_family621,803$730,000
760 E 55th Stsingle_family632,204$750,000
224 E 42nd Stsingle_family653,383$875,000
5551 E 4th Avesingle_family632,288$950,000

10-year hold projection

IRR-6.5%
Equity multiple-0.09x
Total return (10yr)-$95,834
YearProperty valueNOICash flowLoan balanceEquity
1$700,400$1,531-$41,719$538,102$162,298
2$721,412$1,689-$41,593$531,799$189,613
3$743,054$1,855-$41,461$525,063$217,992
4$765,346$2,028-$41,322$517,864$247,482
5$788,306$2,209-$41,176$510,171$278,135
6$811,956$2,399-$41,022$501,950$310,006
7$836,314$2,598-$40,860$493,164$343,150
8$861,404$2,805-$40,690$483,775$377,629
9$887,246$3,022-$40,512$473,741$413,505
10$913,863$3,249-$40,324$463,018$450,845
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.