6324 NW 201st Ln

Hialeah, FL 33015 · single_family · For Sale · 64 days on market
Asking price$885,000
4 beds 2 baths 2,293 sqft
Suggested offer$778,817$106,183 above the est. market value of $778,817.
View on Realtor.com →
Listed by Enrique Saumell · Smith Commercial Real Estate Group, LLC
Typesingle_family
Built1984
Price / sqft$386
Est. value (own analysis)$778,817
Rent estimate (own analysis)$4,000/mo
HOA$13/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-30
Removed date
MLSMiamiMLS #A12044908
Coordinates25.95597, -80.30563
Address6324 NW 201st Ln
CityHialeah
StateFL
Zip33015
Listing ID5636023258
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)

Purchase price$885,000
Down payment (20.0%)$177,000
Loan amount$708,000
Closing costs (5.0%)$44,250
Total cash to close$221,250
Rent (comp-derived)$4,000$48,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$48,000
Vacancy rate (assumption) assumption8.0%

$48,000 × 8.0% = $3,840

Effective gross income$3,680$44,160
Property tax (placeholder 1.9% of price)$1,401$16,815
Insurance (placeholder 0.8% of price)$590$7,080
HOA dues$13$156
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,400
Total operating expenses$2,204$26,451
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,160
Total operating expenses derived$26,451

$44,160 − $26,451 = $17,709

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$708,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$708,000 amortized at 6.7% over 30 years = $4,550/mo

CapEx reserve (5.0% of GSR)$200$2,400
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$17,709
Annual debt service derived$54,598
Annual CapEx reserve assumption$2,400
Annual PMI assumption$0

($17,709 − $54,598 − $2,400 − $0) ÷ 12 = -$3,274

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,709
Purchase price data$885,000

$17,709 ÷ $885,000 = 2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$39,289
Total cash to close derived$221,250

-$39,289 ÷ $221,250 = -17.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,709
Annual debt service derived$54,598

$17,709 ÷ $54,598 = 0.32

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$48,000
Purchase price data$885,000

($48,000 ÷ 12) ÷ $885,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$885,000
Gross scheduled rent (annual) comp$48,000

$885,000 ÷ $48,000 = 18.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$26,451
Effective gross income derived$44,160

$26,451 ÷ $44,160 = 59.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$26,451
Annual debt service derived$54,598
Annual PMI assumption$0
Gross scheduled rent (annual) comp$48,000

($26,451 + $54,598 + $0) ÷ $48,000 = 168.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,179$3,645
single_family421,831$4,0002026-08-07
single_family431,980$3,700
single_family432,556$4,6302026-09-02
single_family431,648$5,0002026-09-01

8229 NW 199th Ter

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,179
Listed
Days on market

Asking rent: $3,645

View on Zillow →

6651 NW 173rd Ln Unit 6651

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,831
Listed2026-08-07
Days on market

Asking rent: $4,000

View on Zillow →

18925 NW 78th Ct

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,980
Listed
Days on market

Asking rent: $3,700

View on Zillow →

8349 NW 194th Ter

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,556
Listed2026-09-02
Days on market

Asking rent: $4,630

View on Zillow →

7983 NW 186th Ter Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,648
Listed2026-09-01
Days on market

Asking rent: $5,000

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
19150 S Saint Andrews Drsingle_family442,748$1,115,0002026-08-24
18400 NW 84th Avesingle_family433,120$1,800,0002026-08-03
20024 NW 64th Plsingle_family422,062$650,0002026-07-29
17932 NW 78th Avesingle_family432,574$848,0002026-07-22
20071 NW 77th Ctsingle_family421,627$625,0002026-07-20
7445 N Augusta Drsingle_family443,462$1,050,0002026-07-15
7921 NW 178th Stsingle_family421,529$735,0002026-07-06
19804 NW 67th Ctsingle_family421,425$480,0002026-06-25
20040 E Oakmont Drsingle_family432,714$810,0002026-06-23
8242 NW 200th Tersingle_family422,071$717,0002026-06-22
18101 NW 85th Avesingle_family433,136$1,375,0002026-06-18
6890 Winged Foot Drsingle_family432,587$1,200,0002026-06-10
19633 NW 62nd Plsingle_family421,886$779,0002026-06-09
18160 NW 82nd Avesingle_family421,557$695,0002026-06-04
6010 NW 201st Lnsingle_family422,044$700,0002026-06-01
19811 W Oakmont Drsingle_family422,704$840,0002026-05-21
7929 NW 200th Tersingle_family421,653$640,0002026-05-20
7635 NW 168th Tersingle_family431,366$645,0002026-05-19
19444 NW 79th Ctsingle_family422,168$640,0002026-05-18
18550 NW 84th Ctsingle_family421,802$660,0002026-05-14
6636 NW 178th Tersingle_family431,990$560,0002026-05-08
20031 NW 63rd Avesingle_family422,042$575,0002026-05-04
7472 NW 167th Stsingle_family442,037$685,0002026-05-01
7812 NW 198th Stsingle_family431,744$662,3002026-04-29
6325 NW 200th Stsingle_family432,266$880,0002026-04-24
20134 W Lake Drsingle_family441,880$657,0002026-04-08
8313 NW 188th Tersingle_family432,134$700,0002026-03-23
7825 NW 174th Stsingle_family421,750$695,0002026-03-16
17820 NW 82nd Avesingle_family421,871$555,0002026-03-16
17349 NW 62nd Pl Ssingle_family432,495$635,0002026-03-06
7833 NW 192nd Stsingle_family421,980$600,0002026-03-03
17931 NW 85th Avesingle_family431,940$950,0002026-02-26
7856 NW 194th Stsingle_family432,553$689,0002026-02-19
18910 W Oakmont Drsingle_family432,765$830,0002026-02-19
8300 NW 201st Stsingle_family421,511$575,0002026-02-18
19901 NW 77th Ctsingle_family431,402$662,0002026-02-05
7974 NW 186th Tersingle_family431,648$605,0002026-01-27
19541 NW 57th Ctsingle_family421,927$745,0002026-01-23
8300 NW 193rd Lnsingle_family421,651$520,0002026-01-20
8249 NW 200th Tersingle_family432,050$580,0002026-01-09
5861 NW 201st Lnsingle_family422,217$740,0002026-01-09
20045 NW 65th Ctsingle_family422,065$770,0002025-12-24
17353 NW 62nd Ctsingle_family432,860$750,0002025-12-23
7950 NW 174th Tersingle_family432,457$650,0002025-12-23
7873 NW 191st Stsingle_family421,588$680,0002025-12-22
7997 NW 199th Tersingle_family431,601$527,4002025-12-19
17500 NW 82nd Ctsingle_family421,988$1,100,0002025-12-11
8279 NW 199th Stsingle_family432,011$665,0002025-12-10
8000 NW 172nd Stsingle_family422,350$680,0002025-12-05
18868 NW 83rd Plsingle_family432,134$648,7502025-12-05

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
18146 NW 61st Plsingle_family431,881$699,000
7033 NW 169th Stsingle_family431,585$464,500
6799 Brookline Dr Unit 6797Acondos432,654$629,000
19240 NW 60th Ctsingle_family421,998$650,000
17343 NW 66th Pltownhomes431,990$580,000
7858 NW 171st Stsingle_family421,854$759,900
7125 NW 173rd Dr Apt 2401townhomes431,598$379,000
18318 NW 61st Ctsingle_family431,812$635,000

10-year hold projection

IRR-1.9%
Equity multiple0.69x
Total return (10yr)$46,802
YearProperty valueNOICash flowLoan balanceEquity
1$911,550$17,709-$39,289$700,324$211,226
2$938,897$18,373-$38,685$692,120$246,776
3$967,063$19,059-$38,060$683,353$283,710
4$996,075$19,770-$37,412$673,985$322,091
5$1,025,958$20,506-$36,741$663,972$361,985
6$1,056,736$21,267-$36,046$653,273$403,464
7$1,088,438$22,054-$35,327$641,838$446,600
8$1,121,092$22,869-$34,581$629,619$491,473
9$1,154,724$23,713-$33,809$616,560$538,165
10$1,189,366$24,585-$33,010$602,604$586,762
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.