350 W 16th St
Hialeah, FL 33010 · single_family · For Sale · 9 days on market
Asking price$825,000
7 beds 6 baths 1,000 sqft
Suggested offer$351,660$473,340 above the est. market value of $351,660.
View on Realtor.com →Listed by Jhon Salazar PA · Real Estate Craft, LLC.
Typesingle_family
Built1959
Price / sqft$825
Est. value (own analysis)$351,660
Rent estimate (Zillow ZIP avg)$2,166/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
1 / 52
Show every detail
Statusfor_sale
Listed date2026-08-24
Removed date—
MLSMiamiMLS #A12077000
Coordinates25.83580, -80.28898
Address350 W 16th St
CityHialeah
StateFL
Zip33010
Listing ID5711099611
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 | $825,000 |
| Down payment (20.0%) | $165,000 |
| Loan amount | $660,000 |
| Closing costs (5.0%) | $41,250 |
| Total cash to close | $206,250 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,166$25,990 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,993$23,911 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,306$15,675 |
| Insurance (est. scaled by flood & wind risk) | $1,210$14,520 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $108$1,300 |
| Total operating expenses | $2,625$31,495 |
| 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) | $108$1,300 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 233 E 15th St | single_family | 3 | 1 | 1,052 | $370,000 | 2026-08-28 |
| 271 E 17th St | single_family | 3 | 2 | 1,431 | $550,000 | 2026-08-20 |
| 671 NE 1st Pl | single_family | 4 | 3 | 1,606 | $555,000 | 2026-08-20 |
| 2125 W 5th Ave | single_family | 2 | 1 | 720 | $190,000 | 2026-08-20 |
| 151 E 16th St | single_family | 3 | 2 | 1,037 | $499,000 | 2026-08-18 |
| 1461 E 7th Ct | single_family | 2 | 1 | 2,205 | $710,000 | 2026-08-14 |
| 659 W 14th St | single_family | 4 | 2 | 1,921 | $610,000 | 2026-08-14 |
| 430 SE 5th St | single_family | 3 | 2 | 1,678 | $590,000 | 2026-08-13 |
| 661 NE 4th Pl | single_family | 4 | 3 | 2,501 | $775,000 | 2026-08-05 |
| 661 E 7th St | single_family | 4 | 3 | 1,402 | $600,000 | 2026-08-04 |
| 775 E 6th Pl | single_family | 2 | 1 | 936 | $330,000 | 2026-07-21 |
| 375 E Okeechobee Rd | single_family | 4 | 2 | 1,526 | $500,000 | 2026-07-16 |
| 699 SE 6th Pl | single_family | 3 | 1 | 1,606 | $550,000 | 2026-07-14 |
| 621 SE 1st St | single_family | 4 | 2 | 1,757 | $670,000 | 2026-07-13 |
| 625 E 8th Ln | single_family | 4 | 1 | 1,226 | $599,000 | 2026-07-10 |
| 610 E 6th Pl | single_family | 3 | 3 | 2,074 | $435,000 | 2026-07-10 |
| 366 E 7th St | single_family | 3 | 2 | 1,118 | $460,000 | 2026-07-06 |
| 244 E 15th St | single_family | 3 | 2 | 728 | $524,000 | 2026-06-29 |
| 841 E 15th Pl | single_family | 3 | 2 | 2,611 | $670,000 | 2026-06-25 |
| 840 E 17th St | single_family | 2 | 1 | 1,300 | $350,000 | 2026-06-18 |
| 2674 W 8th Ct | single_family | 3 | 2 | 1,033 | $550,000 | 2026-06-15 |
| 840 SE 4th Pl | single_family | 5 | 3 | 2,124 | $500,000 | 2026-06-09 |
| 1640 W 6th Ave | single_family | 2 | 1 | 1,250 | $540,000 | 2026-06-08 |
| 185 E 20th St | single_family | 2 | 1 | 1,066 | $480,000 | 2026-06-08 |
| 309 E 18th St | single_family | 2 | 1 | 1,639 | $495,000 | 2026-06-05 |
| 528 E 10th St | single_family | 4 | 3 | 1,575 | $589,000 | 2026-06-05 |
| 2614 W 8th Ct | single_family | 3 | 2 | 1,881 | $360,000 | 2026-06-04 |
| 771 SE 4th Pl | single_family | 4 | 3 | 2,221 | $600,000 | 2026-06-03 |
| 174 E 15th St | single_family | 5 | 2 | 2,284 | $580,000 | 2026-06-03 |
| 251 W 27th St | single_family | 4 | 3 | 1,877 | $380,000 | 2026-06-03 |
| 1971 W 2nd Ave | single_family | 4 | 3 | 1,410 | $660,000 | 2026-05-27 |
| 911 E 9th Pl | single_family | 6 | 3 | 2,555 | $649,000 | 2026-05-20 |
| 5486634978 | single_family | 3 | 1 | 1,206 | $510,000 | 2026-05-19 |
| 740 NE 4th Pl | single_family | 2 | 1 | 1,064 | $430,000 | 2026-05-15 |
| 941 E 16th Pl | single_family | 2 | 1 | 1,803 | $695,000 | 2026-05-14 |
| 749 E 17th St | single_family | 2 | 1 | 1,290 | $525,000 | 2026-05-11 |
| 670 SE 1st St | single_family | 4 | 2 | 1,322 | $450,000 | 2026-05-01 |
| 683 SE 6th Pl | single_family | 3 | 3 | 1,605 | $630,000 | 2026-04-30 |
| 325 SE 9th Ave | single_family | 3 | 1 | 1,302 | $565,000 | 2026-04-30 |
| 825 E 9th Ln | single_family | 4 | 2 | 1,855 | $580,000 | 2026-04-27 |
| 671 E 6th Pl | single_family | 4 | 3 | 2,166 | $630,000 | 2026-04-23 |
| 412 W 15th St | single_family | 5 | 3 | 2,295 | $710,000 | 2026-04-10 |
| 650 SE 1st Pl | single_family | 3 | 1 | 962 | $490,000 | 2026-04-08 |
| 351 E 13th St | single_family | 4 | 3 | 1,404 | $715,000 | 2026-04-07 |
| 2659 W 10th Ave | single_family | 2 | 1 | 1,161 | $470,000 | 2026-03-24 |
| 218 E 20th St | single_family | 4 | 2 | 2,266 | $650,000 | 2026-03-24 |
| 331 W 17th St | single_family | 4 | 2 | 1,550 | $560,000 | 2026-03-23 |
| 102 W 27th St | single_family | 2 | 1 | 1,400 | $410,000 | 2026-03-19 |
| 705 E 9th Ln | single_family | 3 | 2 | 1,900 | $695,000 | 2026-03-18 |
| 601 SE 8th Ct | single_family | 3 | 2 | 1,980 | $265,000 | 2026-03-16 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 3180 W 3rd Ave | single_family | 7 | 3 | 3,227 | $899,000 | — |
| 367 W 33rd St | single_family | 7 | 3 | 2,843 | $895,000 | — |
| 324 E 34th St | multi_family | 7 | 6 | 3,030 | $1,299,000 | — |
| 142 E 45th St | single_family | 7 | 6 | 1,481 | $749,999 | — |
10-year hold projection
IRR-9.4%
Equity multiple-0.59x
Total return (10yr)-$220,271
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $849,750 | -$7,584 | -$59,779 | $652,844 | $196,906 |
| 2 | $875,243 | -$7,654 | -$59,882 | $645,197 | $230,046 |
| 3 | $901,500 | -$7,722 | -$59,983 | $637,024 | $264,475 |
| 4 | $928,545 | -$7,788 | -$60,083 | $628,291 | $300,254 |
| 5 | $956,401 | -$7,852 | -$60,183 | $618,957 | $337,444 |
| 6 | $985,093 | -$7,914 | -$60,280 | $608,983 | $376,110 |
| 7 | $1,014,646 | -$7,973 | -$60,376 | $598,324 | $416,322 |
| 8 | $1,045,085 | -$8,030 | -$60,470 | $586,932 | $458,153 |
| 9 | $1,076,438 | -$8,083 | -$60,563 | $574,759 | $501,679 |
| 10 | $1,108,731 | -$8,134 | -$60,653 | $561,749 | $546,982 |
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.