621 SE 4th St
Hialeah, FL 33010 · single_family · Pending — under contract · 21 days on market
Asking price$450,000
3 beds 2 baths 1,642 sqft
Listed by Mike Figueiras · Keyes - Weston
Typesingle_family
Built1949
Price / sqft$274
Est. value (own analysis)$610,349
Rent estimate (own analysis)$3,550/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-12
Removed date—
MLSMiamiMLS #A12069891
Coordinates25.81959, -80.26850
Address621 SE 4th St
CityHialeah
StateFL
Zip33010
Listing ID5713186504
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $450,000 |
| Down payment (20.0%) | $90,000 |
| Loan amount | $360,000 |
| Closing costs (5.0%) | $22,500 |
| Total cash to close | $112,500 |
| Income | |
| Rent (comp-derived) | $3,550$42,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,266$39,192 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $713$8,550 |
| Insurance (est. scaled by flood & wind risk) | $480$5,760 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $178$2,130 |
| Total operating expenses | $1,370$16,440 |
| 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) | $178$2,130 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 1 | 1,860 | $3,300 | 2026-07-21 | — | |
| single_family | 3 | 2 | 1,606 | $3,600 | 2026-06-26 | — | |
| single_family | 3 | 1 | 1,090 | $3,700 | 2026-08-19 | — | |
| single_family | 3 | 2 | 1,659 | $3,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 151 E 16th St | single_family | 3 | 2 | 1,037 | $499,000 | 2026-08-18 |
| 430 SE 5th St | single_family | 3 | 2 | 1,678 | $590,000 | 2026-08-13 |
| 699 SE 6th Pl | single_family | 3 | 1 | 1,606 | $550,000 | 2026-07-14 |
| 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 |
| 2674 W 8th Ct | single_family | 3 | 2 | 1,033 | $550,000 | 2026-06-15 |
| 2614 W 8th Ct | single_family | 3 | 2 | 1,881 | $360,000 | 2026-06-04 |
| 5486634978 | single_family | 3 | 1 | 1,206 | $510,000 | 2026-05-19 |
| 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 |
| 650 SE 1st Pl | single_family | 3 | 1 | 962 | $490,000 | 2026-04-08 |
| 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 |
| 297 Eucalyptus Dr | single_family | 3 | 3 | 2,580 | $695,000 | 2026-03-09 |
| 652 SE 8th St | single_family | 3 | 2 | 2,000 | $600,000 | 2026-03-04 |
| 102 NE 9th Ct | single_family | 3 | 1 | 1,378 | $450,000 | 2026-03-03 |
| 1575 W 6th Ave | single_family | 3 | 2 | 1,535 | $585,000 | 2026-02-24 |
| 841 SE 11th Pl | single_family | 3 | 3 | 1,256 | $600,000 | 2026-02-20 |
| 1847 W 2nd Ave | single_family | 3 | 2 | 1,521 | $685,000 | 2026-02-17 |
| 1360 W 4th Ln | single_family | 3 | 2 | 2,227 | $650,000 | 2026-02-03 |
| 620 E 8th St | single_family | 3 | 3 | 1,533 | $494,400 | 2026-01-16 |
| 135 E 18th St | single_family | 3 | 2 | 1,264 | $305,000 | 2025-12-29 |
| 631 SE 3rd Pl | single_family | 3 | 2 | 988 | $550,000 | 2025-12-17 |
| 509 W 16th St | single_family | 3 | 2 | 2,066 | $569,000 | 2025-12-12 |
| 2441 W 10th Ave | single_family | 3 | 2 | 1,706 | $555,000 | 2025-11-26 |
| 234 E 18th St | single_family | 3 | 2 | 1,520 | $565,000 | 2025-11-04 |
| 320 W 13th St | single_family | 3 | 2 | 960 | $510,000 | 2025-11-03 |
| 653 SE 8th Pl | single_family | 3 | 2 | 1,230 | $547,000 | 2025-10-22 |
| 291 Cir Dr | single_family | 3 | 2 | 1,298 | $680,000 | 2025-09-23 |
| 881 Hialeah Dr | single_family | 3 | 1 | 1,929 | $600,000 | 2025-09-18 |
| 534 W 16th St | single_family | 3 | 2 | 1,310 | $525,000 | 2025-09-04 |
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 |
|---|---|---|---|---|---|---|
| 790 E 6th Pl | single_family | 3 | 1 | 936 | $489,000 | — |
| 275 W 13th St | multi_family | 3 | 4 | 2,339 | $849,999 | — |
| 831 E 10th Pl | single_family | 3 | 2 | 1,629 | $830,000 | — |
| 685 SE Park Dr | single_family | 3 | 2 | 1,000 | $509,000 | — |
| 76 W 14th St | multi_family | 3 | 2 | 1,056 | $629,900 | — |
| 580 SE 2nd St | single_family | 3 | 2 | 1,788 | $555,000 | — |
| single_family | 3 | 2 | 1,186 | $529,900 | — | |
| 300 E 4th St Unit 103 | condos | 3 | 2 | 1,050 | $450,000 | — |
10-year hold projection
IRR6.3%
Equity multiple2.01x
Total return (10yr)$171,984
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $463,500 | $22,752 | -$7,140 | $356,097 | $107,403 |
| 2 | $477,405 | $23,517 | -$6,428 | $351,925 | $125,480 |
| 3 | $491,727 | $24,307 | -$5,693 | $347,468 | $144,259 |
| 4 | $506,479 | $25,122 | -$4,933 | $342,704 | $163,775 |
| 5 | $521,673 | $25,964 | -$4,148 | $337,613 | $184,060 |
| 6 | $537,324 | $26,834 | -$3,338 | $332,172 | $205,151 |
| 7 | $553,443 | $27,732 | -$2,500 | $326,358 | $227,085 |
| 8 | $570,047 | $28,659 | -$1,634 | $320,145 | $249,902 |
| 9 | $587,148 | $29,617 | -$740 | $313,505 | $273,643 |
| 10 | $604,762 | $30,605 | $184 | $306,408 | $298,354 |
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.