17940 NW 85th Ave
Hialeah, FL 33015 · single_family · For Sale · 22 days on market
Asking price$755,000
4 beds 2 baths 1,598 sqft
Suggested offer$542,761$212,239 above the est. market value of $542,761.
View on Realtor.com →Listed by Ignacio Diaz · Developers Group Realty
Typesingle_family
Built1969
Price / sqft$472
Est. value (own analysis)$542,761
Rent estimate (own analysis)$4,000/mo
HOANone
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Statusfor_sale
Listed date2026-08-11
Removed date—
MLSMiamiMLS #A12069074
Coordinates25.93706, -80.34102
Address17940 NW 85th Ave
CityHialeah
StateFL
Zip33015
Listing ID5946970282
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 | $755,000 |
| Down payment (20.0%) | $151,000 |
| Loan amount | $604,000 |
| Closing costs (5.0%) | $37,750 |
| Total cash to close | $188,750 |
| Income | |
| Rent (comp-derived) | $4,000$48,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,680$44,160 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,195$14,345 |
| Insurance (placeholder 0.8% of price) | $503$6,040 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,400 |
| Total operating expenses | $1,899$22,785 |
| 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) | $200$2,400 |
| 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 | 4 | 2 | 1,831 | $4,000 | 2026-08-07 | — | |
| single_family | 4 | 3 | 1,980 | $3,700 | — | — | |
| single_family | 4 | 3 | 1,648 | $5,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 19150 S Saint Andrews Dr | single_family | 4 | 4 | 2,748 | $1,115,000 | 2026-08-24 |
| 18400 NW 84th Ave | single_family | 4 | 3 | 3,120 | $1,800,000 | 2026-08-03 |
| 20024 NW 64th Pl | single_family | 4 | 2 | 2,062 | $650,000 | 2026-07-29 |
| 17932 NW 78th Ave | single_family | 4 | 3 | 2,574 | $848,000 | 2026-07-22 |
| 20071 NW 77th Ct | single_family | 4 | 2 | 1,627 | $625,000 | 2026-07-20 |
| 7445 N Augusta Dr | single_family | 4 | 4 | 3,462 | $1,050,000 | 2026-07-15 |
| 7921 NW 178th St | single_family | 4 | 2 | 1,529 | $735,000 | 2026-07-06 |
| 19804 NW 67th Ct | single_family | 4 | 2 | 1,425 | $480,000 | 2026-06-25 |
| 20040 E Oakmont Dr | single_family | 4 | 3 | 2,714 | $810,000 | 2026-06-23 |
| 8242 NW 200th Ter | single_family | 4 | 2 | 2,071 | $717,000 | 2026-06-22 |
| 18101 NW 85th Ave | single_family | 4 | 3 | 3,136 | $1,375,000 | 2026-06-18 |
| 6890 Winged Foot Dr | single_family | 4 | 3 | 2,587 | $1,200,000 | 2026-06-10 |
| 19633 NW 62nd Pl | single_family | 4 | 2 | 1,886 | $779,000 | 2026-06-09 |
| 18160 NW 82nd Ave | single_family | 4 | 2 | 1,557 | $695,000 | 2026-06-04 |
| 6010 NW 201st Ln | single_family | 4 | 2 | 2,044 | $700,000 | 2026-06-01 |
| 19811 W Oakmont Dr | single_family | 4 | 2 | 2,704 | $840,000 | 2026-05-21 |
| 7929 NW 200th Ter | single_family | 4 | 2 | 1,653 | $640,000 | 2026-05-20 |
| 7635 NW 168th Ter | single_family | 4 | 3 | 1,366 | $645,000 | 2026-05-19 |
| 19444 NW 79th Ct | single_family | 4 | 2 | 2,168 | $640,000 | 2026-05-18 |
| 18550 NW 84th Ct | single_family | 4 | 2 | 1,802 | $660,000 | 2026-05-14 |
| 6636 NW 178th Ter | single_family | 4 | 3 | 1,990 | $560,000 | 2026-05-08 |
| 20031 NW 63rd Ave | single_family | 4 | 2 | 2,042 | $575,000 | 2026-05-04 |
| 7472 NW 167th St | single_family | 4 | 4 | 2,037 | $685,000 | 2026-05-01 |
| 7812 NW 198th St | single_family | 4 | 3 | 1,744 | $662,300 | 2026-04-29 |
| 6325 NW 200th St | single_family | 4 | 3 | 2,266 | $880,000 | 2026-04-24 |
| 20134 W Lake Dr | single_family | 4 | 4 | 1,880 | $657,000 | 2026-04-08 |
| 8313 NW 188th Ter | single_family | 4 | 3 | 2,134 | $700,000 | 2026-03-23 |
| 7825 NW 174th St | single_family | 4 | 2 | 1,750 | $695,000 | 2026-03-16 |
| 17820 NW 82nd Ave | single_family | 4 | 2 | 1,871 | $555,000 | 2026-03-16 |
| 17349 NW 62nd Pl S | single_family | 4 | 3 | 2,495 | $635,000 | 2026-03-06 |
| 7833 NW 192nd St | single_family | 4 | 2 | 1,980 | $600,000 | 2026-03-03 |
| 17931 NW 85th Ave | single_family | 4 | 3 | 1,940 | $950,000 | 2026-02-26 |
| 7856 NW 194th St | single_family | 4 | 3 | 2,553 | $689,000 | 2026-02-19 |
| 18910 W Oakmont Dr | single_family | 4 | 3 | 2,765 | $830,000 | 2026-02-19 |
| 8300 NW 201st St | single_family | 4 | 2 | 1,511 | $575,000 | 2026-02-18 |
| 19901 NW 77th Ct | single_family | 4 | 3 | 1,402 | $662,000 | 2026-02-05 |
| 7974 NW 186th Ter | single_family | 4 | 3 | 1,648 | $605,000 | 2026-01-27 |
| 19541 NW 57th Ct | single_family | 4 | 2 | 1,927 | $745,000 | 2026-01-23 |
| 8300 NW 193rd Ln | single_family | 4 | 2 | 1,651 | $520,000 | 2026-01-20 |
| 8249 NW 200th Ter | single_family | 4 | 3 | 2,050 | $580,000 | 2026-01-09 |
| 5861 NW 201st Ln | single_family | 4 | 2 | 2,217 | $740,000 | 2026-01-09 |
| 20045 NW 65th Ct | single_family | 4 | 2 | 2,065 | $770,000 | 2025-12-24 |
| 17353 NW 62nd Ct | single_family | 4 | 3 | 2,860 | $750,000 | 2025-12-23 |
| 7950 NW 174th Ter | single_family | 4 | 3 | 2,457 | $650,000 | 2025-12-23 |
| 7873 NW 191st St | single_family | 4 | 2 | 1,588 | $680,000 | 2025-12-22 |
| 7997 NW 199th Ter | single_family | 4 | 3 | 1,601 | $527,400 | 2025-12-19 |
| 17500 NW 82nd Ct | single_family | 4 | 2 | 1,988 | $1,100,000 | 2025-12-11 |
| 8279 NW 199th St | single_family | 4 | 3 | 2,011 | $665,000 | 2025-12-10 |
| 8000 NW 172nd St | single_family | 4 | 2 | 2,350 | $680,000 | 2025-12-05 |
| 18868 NW 83rd Pl | single_family | 4 | 3 | 2,134 | $648,750 | 2025-12-05 |
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 |
|---|---|---|---|---|---|---|
| 18146 NW 61st Pl | single_family | 4 | 3 | 1,881 | $699,000 | — |
| 7033 NW 169th St | single_family | 4 | 3 | 1,585 | $464,500 | — |
| 6799 Brookline Dr Unit 6797A | condos | 4 | 3 | 2,654 | $629,000 | — |
| 19240 NW 60th Ct | single_family | 4 | 2 | 1,998 | $650,000 | — |
| 17343 NW 66th Pl | townhomes | 4 | 3 | 1,990 | $580,000 | — |
| 7858 NW 171st St | single_family | 4 | 2 | 1,854 | $759,900 | — |
| 7125 NW 173rd Dr Apt 2401 | townhomes | 4 | 3 | 1,598 | $379,000 | — |
| 18318 NW 61st Ct | single_family | 4 | 3 | 1,812 | $635,000 | — |
10-year hold projection
IRR0.3%
Equity multiple1.05x
Total return (10yr)$107,883
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $777,650 | $21,375 | -$27,603 | $597,451 | $180,199 |
| 2 | $800,980 | $22,130 | -$26,907 | $590,453 | $210,527 |
| 3 | $825,009 | $22,911 | -$26,188 | $582,974 | $242,035 |
| 4 | $849,759 | $23,718 | -$25,444 | $574,981 | $274,778 |
| 5 | $875,252 | $24,552 | -$24,675 | $566,440 | $308,812 |
| 6 | $901,509 | $25,414 | -$23,879 | $557,312 | $344,198 |
| 7 | $928,555 | $26,306 | -$23,055 | $547,557 | $380,998 |
| 8 | $956,411 | $27,227 | -$22,203 | $537,132 | $419,280 |
| 9 | $985,104 | $28,179 | -$21,323 | $525,991 | $459,112 |
| 10 | $1,014,657 | $29,163 | -$20,411 | $514,086 | $500,571 |
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.