18758 NW 78th Pl
Hialeah, FL 33015 · single_family · For Sale · 30 days on market
Asking price$1,299,000
5 beds 3 baths 2,881 sqft
Suggested offer$892,505$406,495 above the est. market value of $892,505.
View on Realtor.com →Listed by Yusleidys Garcia · Realty One Group Royal Oaks
Typesingle_family
Built1991
Price / sqft$451
Est. value (own analysis)$892,505
Rent estimate (own analysis)$5,300/mo
HOA$95/mo
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Statusfor_sale
Listed date2026-08-03
Removed date—
MLSMiamiMLS #A12064579
Coordinates25.94419, -80.32946
Address18758 NW 78th Pl
CityHialeah
StateFL
Zip33015
Listing ID5862190263
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,299,000 |
| Down payment (20.0%) | $259,800 |
| Loan amount | $1,039,200 |
| Closing costs (5.0%) | $64,950 |
| Total cash to close | $324,750 |
| Income | |
| Rent (comp-derived) | $5,300$63,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,876$58,512 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,057$24,681 |
| Insurance (placeholder 0.8% of price) | $866$10,392 |
| HOA dues | $95$1,140 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $265$3,180 |
| Total operating expenses | $3,283$39,393 |
| 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) | $265$3,180 |
| 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 | 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 |
|---|---|---|---|---|---|---|
| 8406 NW 201st St | single_family | 5 | 4 | 2,639 | $895,000 | 2026-08-10 |
| 19001 NW 79th Ct | single_family | 5 | 3 | 2,881 | $875,000 | 2026-07-27 |
| 8416 NW 201st St | single_family | 5 | 4 | 2,881 | $910,000 | 2026-05-15 |
| 18811 NW 80th Ave | single_family | 5 | 3 | 2,881 | $784,900 | 2026-05-08 |
| 7945 NW 187th Ln | single_family | 5 | 3 | 2,881 | $805,000 | 2026-04-08 |
| 19640 W Saint Andrews Dr | single_family | 5 | 3 | 3,354 | $1,150,000 | 2025-11-20 |
| 8467 NW 201st Ter | single_family | 5 | 3 | 3,247 | $800,000 | 2025-11-17 |
| 20050 NW 62nd Ave | single_family | 5 | 3 | 1,741 | $760,000 | 2025-10-03 |
| 7952 NW 188th Ln | single_family | 5 | 3 | 2,881 | $660,000 | 2025-09-29 |
| 7880 NW 174th Ter | single_family | 5 | 3 | 1,550 | $755,000 | 2025-09-25 |
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 |
|---|---|---|---|---|---|---|
| 18150 NW 82nd Ave | single_family | 5 | 3 | 1,981 | $829,999 | — |
| 8251 NW 185th St | single_family | 5 | 4 | 2,229 | $1,050,000 | — |
| 18400 NW 78th Ave | single_family | 5 | 3 | 2,728 | $1,300,000 | — |
| 7733 NW 192nd St | single_family | 5 | 3 | 2,800 | $797,999 | — |
| 7960 NW 174th St | single_family | 5 | 3 | 2,090 | $740,000 | — |
| 16825 NW 74th Ave | single_family | 5 | 3 | 2,462 | $749,900 | — |
| 18921 W Oakmont Dr | single_family | 5 | 3 | 2,958 | $1,049,000 | — |
10-year hold projection
IRR-3.3%
Equity multiple0.46x
Total return (10yr)-$6,122
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,337,970 | $19,119 | -$64,199 | $1,027,933 | $310,037 |
| 2 | $1,378,109 | $19,890 | -$63,508 | $1,015,892 | $362,217 |
| 3 | $1,419,452 | $20,688 | -$62,791 | $1,003,024 | $416,428 |
| 4 | $1,462,036 | $21,516 | -$62,047 | $989,272 | $472,764 |
| 5 | $1,505,897 | $22,373 | -$61,275 | $974,577 | $531,320 |
| 6 | $1,551,074 | $23,262 | -$60,474 | $958,872 | $592,202 |
| 7 | $1,597,606 | $24,183 | -$59,643 | $942,088 | $655,518 |
| 8 | $1,645,534 | $25,136 | -$58,782 | $924,152 | $721,382 |
| 9 | $1,694,900 | $26,125 | -$57,888 | $904,984 | $789,916 |
| 10 | $1,745,747 | $27,148 | -$56,961 | $884,500 | $861,247 |
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.