7334 Pepper Pike Dr

Hialeah, FL 33015 · single_family · For Sale · 37 days on market
Asking price$520,000
2 beds 2 baths 1,308 sqft
Suggested offer$510,862$9,138 above the est. market value of $510,862.
View on Realtor.com →
Listed by George Castillo · Premier Landmark Realty LLC
Typesingle_family
Built1971
Price / sqft$398
Est. value (own analysis)$510,862
Rent estimate (own analysis)$2,800/mo
HOA$55/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-27
Removed date
MLSMiamiMLS #A12060828
Coordinates25.94865, -80.32256
Address7334 Pepper Pike Dr
CityHialeah
StateFL
Zip33015
Listing ID5784826166
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$520,000
Down payment (20.0%)$104,000
Loan amount$416,000
Closing costs (5.0%)$26,000
Total cash to close$130,000
Rent (comp-derived)$2,800$33,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$33,600
Vacancy rate (assumption) assumption8.0%

$33,600 × 8.0% = $2,688

Effective gross income$2,576$30,912
Property tax (placeholder 1.9% of price)$823$9,880
Insurance (placeholder 0.8% of price)$347$4,160
HOA dues$55$660
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$140$1,680
Total operating expenses$1,365$16,380
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$30,912
Total operating expenses derived$16,380

$30,912 − $16,380 = $14,532

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$416,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$416,000 amortized at 6.7% over 30 years = $2,673/mo

CapEx reserve (5.0% of GSR)$140$1,680
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$14,532
Annual debt service derived$32,080
Annual CapEx reserve assumption$1,680
Annual PMI assumption$0

($14,532 − $32,080 − $1,680 − $0) ÷ 12 = -$1,602

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,532
Purchase price data$520,000

$14,532 ÷ $520,000 = 2.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$19,228
Total cash to close derived$130,000

-$19,228 ÷ $130,000 = -14.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,532
Annual debt service derived$32,080

$14,532 ÷ $32,080 = 0.45

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$33,600
Purchase price data$520,000

($33,600 ÷ 12) ÷ $520,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$520,000
Gross scheduled rent (annual) comp$33,600

$520,000 ÷ $33,600 = 15.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,380
Effective gross income derived$30,912

$16,380 ÷ $30,912 = 53.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,380
Annual debt service derived$32,080
Annual PMI assumption$0
Gross scheduled rent (annual) comp$33,600

($16,380 + $32,080 + $0) ÷ $33,600 = 144.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family231,105$2,780
single_family22932$2,450
single_family231,150$2,800
single_family22991$2,850
single_family22932$2,900

7449 NW 181st St

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,105
Listed
Days on market

Asking rent: $2,780

View on Zillow →

6557 NW 172nd Ln

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage932
Listed
Days on market

Asking rent: $2,450

View on Zillow →

17815 NW 74th Ct

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed
Days on market

Asking rent: $2,800

View on Zillow →

6308 NW 170th Ter

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage991
Listed
Days on market

Asking rent: $2,850

View on Zillow →

6552 NW 172nd Ln

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage932
Listed
Days on market

Asking rent: $2,900

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
6316 NW 173rd Stsingle_family221,090$490,0002026-08-05
8359 NW 189th Street Rdsingle_family221,357$530,0002026-06-24
7820 NW 175th Stsingle_family21970$350,0002026-04-13
6052731027single_family221,582$369,0002026-03-17
18511 NW 82nd Ctsingle_family21874$450,0002026-01-16

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
6272 NW 186th St Apt 106condos22950$259,900
6233 NW 170th Tertownhomes221,582$400,000
17911 NW 68th Ave Apt M201condos221,417$145,000
18101 NW 68th Ave Apt B105condos221,458$170,000
7235 NW 179th St Apt 101condos22883$210,000
18101 NW 68th Ave Apt E105condos221,210$160,000
17901 NW 68th Ave Apt T206condos231,376$210,000
6135 NW 186th St Apt 205condos221,004$289,000

10-year hold projection

IRR0.2%
Equity multiple1.03x
Total return (10yr)$72,003
YearProperty valueNOICash flowLoan balanceEquity
1$535,600$14,532-$19,228$411,490$124,110
2$551,668$15,050-$18,752$406,670$144,998
3$568,218$15,585-$18,260$401,518$166,700
4$585,265$16,139-$17,750$396,014$189,251
5$602,823$16,711-$17,223$390,131$212,692
6$620,907$17,303-$16,678$383,844$237,063
7$639,534$17,915-$16,113$377,125$262,409
8$658,720$18,547-$15,530$369,945$288,775
9$678,482$19,201-$14,926$362,272$316,210
10$698,837$19,877-$14,301$354,072$344,764
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.