171 W 13th St
Hialeah, FL 33010 · single_family · For Sale · 154 days on market
Asking price$650,000
5 beds 3 baths — sqft
Suggested offer$612,500$37,500 above the est. market value of $612,500.
View on Realtor.com →Listed by Raul Barrero · Ravasa Investment Realty Llc
Typesingle_family
Built1938
Price / sqft—
Est. value (own analysis)$612,500
Rent estimate (own analysis)$5,275/mo
HOANone
1 / 87
Show every detail
Statusfor_sale
Listed date2026-04-02
Removed date—
MLSMiamiMLS #A11993659
Coordinates25.83372, -80.28498
Address171 W 13th St
CityHialeah
StateFL
Zip33010
Listing ID5685386111
Sourceus-real-estate-listings, cached 2026-08-27
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $650,000 |
| Down payment (20.0%) | $130,000 |
| Loan amount | $520,000 |
| Closing costs (5.0%) | $32,500 |
| Total cash to close | $162,500 |
| Income | |
| Rent (comp-derived) | $5,275$63,300 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,853$58,236 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,029$12,350 |
| Insurance (placeholder 0.8% of price) | $433$5,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $264$3,165 |
| Total operating expenses | $1,726$20,715 |
| 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) | $264$3,165 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 2,540 | $3,920 | — | — | |
| single_family | 5 | 4 | 1,769 | $5,450 | — | — | |
| single_family | 5 | 2 | 1,750 | $4,900 | 2026-07-01 | — | |
| single_family | 5 | 5 | 2,759 | $5,100 | 2026-08-07 | — | |
| single_family | 5 | 3 | 3,316 | $6,000 | 2026-08-15 | — | |
| single_family | 5 | 5 | 2,909 | $5,900 | 2026-08-04 | — | |
| single_family | 5 | 3 | 2,263 | $4,200 | — | — | |
| single_family | 5 | 5 | 3,017 | $5,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 840 SE 4th Pl | single_family | 5 | 3 | 2,124 | $500,000 | 2026-06-09 |
| 174 E 15th St | single_family | 5 | 2 | 2,284 | $580,000 | 2026-06-03 |
| 412 W 15th St | single_family | 5 | 3 | 2,295 | $710,000 | 2026-04-10 |
| 359 E 19th St | single_family | 5 | 5 | 1,876 | $645,000 | 2025-10-28 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 965 W 23rd St | single_family | 5 | 2 | 1,816 | $584,900 | — |
| 921 E 14th St | single_family | 5 | 4 | 2,253 | $690,000 | — |
| 611 SE 4th St | single_family | 5 | 2 | 1,425 | $675,000 | — |
| 940 E 9th Pl | single_family | 5 | 4 | 1,558 | $550,000 | — |
| 750 NE 4th Pl | single_family | 5 | 2 | 1,752 | $615,000 | — |
| 329 W 18th St | multi_family | 5 | 3 | 2,054 | $885,000 | — |
| 42 E 13th St | multi_family | 5 | 3 | 1,655 | $700,000 | — |
| 350 To to Lo Chee Dr | single_family | 5 | 4 | 2,933 | $850,000 | — |
10-year hold projection
IRR8.4%
Equity multiple2.32x
Total return (10yr)$300,029
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $669,500 | $37,521 | -$5,744 | $514,362 | $155,138 |
| 2 | $689,585 | $38,750 | -$4,594 | $508,337 | $181,248 |
| 3 | $710,273 | $40,019 | -$3,406 | $501,898 | $208,374 |
| 4 | $731,581 | $41,328 | -$2,180 | $495,017 | $236,564 |
| 5 | $753,528 | $42,680 | -$914 | $487,663 | $265,865 |
| 6 | $776,134 | $44,074 | $394 | $479,805 | $296,329 |
| 7 | $799,418 | $45,514 | $1,743 | $471,407 | $328,011 |
| 8 | $823,401 | $46,999 | $3,137 | $462,432 | $360,969 |
| 9 | $848,103 | $48,532 | $4,576 | $452,841 | $395,262 |
| 10 | $873,546 | $50,115 | $6,062 | $442,591 | $430,955 |
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.