805 W 79th Pl
Hialeah, FL 33014 · single_family · Pending — under contract · 149 days on market
Asking price$399,999
2 beds 2 baths 1,278 sqft
Listed by Fernando Garcia · Dumonde Consulting Group Llc
Typesingle_family
Built1971
Price / sqft$313
Est. value (own analysis)$571,509
Rent estimate (own analysis)$2,790/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-04-06
Removed date—
MLSMiamiMLS #A11995648
Coordinates25.89523, -80.30031
Address805 W 79th Pl
CityHialeah
StateFL
Zip33014
Listing ID5954942045
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33014)
Typical home value (ZHVI)$442,718
Typical rent (ZORI)$2,327/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 | $399,999 |
| Down payment (20.0%) | $80,000 |
| Loan amount | $319,999 |
| Closing costs (5.0%) | $20,000 |
| Total cash to close | $100,000 |
| Income | |
| Rent (comp-derived) | $2,790$33,480 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,567$30,802 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $633$7,600 |
| Insurance (est. scaled by flood & wind risk) | $427$5,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,674 |
| Total operating expenses | $1,200$14,394 |
| 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) | $140$1,674 |
| 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 | 2 | 2 | 1,300 | $2,800 | 2026-06-27 | — | |
| single_family | 2 | 1 | 1,456 | $2,700 | 2026-08-11 | — | |
| single_family | 2 | 1 | 900 | $2,500 | 2026-05-15 | — | |
| single_family | 2 | 1 | 1,174 | $3,400 | 2026-06-25 | — | |
| single_family | 2 | 1 | 1,492 | $2,500 | 2026-04-10 | — | |
| single_family | 2 | 1 | 1,460 | $2,600 | 2026-03-10 | — | |
| single_family | 2 | 3 | 1,105 | $2,780 | — | — | |
| single_family | 2 | 2 | 932 | $2,450 | — | — | |
| single_family | 2 | 3 | 1,150 | $2,800 | — | — | |
| single_family | 2 | 2 | 991 | $2,850 | — | — | |
| single_family | 2 | 2 | 932 | $2,900 | — | — | |
| single_family | 2 | 2 | 1,020 | $2,850 | — | — |
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 |
|---|---|---|---|---|---|---|
| 6616 Miami Lakes Dr E | single_family | 2 | 2 | 790 | $559,999 | 2026-07-14 |
| 6755 Crooked Palm Ter | single_family | 2 | 1 | 935 | $395,000 | 2026-05-08 |
| 1900 W 72nd St | single_family | 2 | 1 | 890 | $420,000 | 2026-03-02 |
| 1320 W 71st St | single_family | 2 | 2 | 1,292 | $400,000 | 2025-12-08 |
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 |
|---|---|---|---|---|---|---|
| 7231 Miami Lakes Dr Apt C5 | condos | 2 | 1 | 816 | $239,000 | — |
| 7412 Big Cypress Dr | condo_townhome_rowhome_coop | 2 | 2 | 1,333 | $575,000 | — |
| 6305 Gage Pl Unit 306A | condos | 2 | 2 | 1,147 | $325,000 | — |
| 7208 Fairway Dr Apt I9 | condos | 2 | 1 | 816 | $279,000 | — |
| 7121 Miami Lakes Dr Apt Q8 | condos | 2 | 2 | 918 | $300,000 | — |
| 6718 NW 166th Ter Unit 301 | condos | 2 | 2 | 970 | $375,000 | — |
| 6305 Gage Pl Unit 309A | condos | 2 | 2 | 1,147 | $375,000 | — |
| 7100 Fairway Dr Apt K11 | condos | 2 | 1 | 816 | $299,900 | — |
10-year hold projection
IRR3.7%
Equity multiple1.59x
Total return (10yr)$111,525
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $411,999 | $16,408 | -$9,943 | $316,530 | $95,469 |
| 2 | $424,359 | $16,972 | -$9,421 | $312,822 | $111,537 |
| 3 | $437,090 | $17,555 | -$8,881 | $308,860 | $128,230 |
| 4 | $450,202 | $18,157 | -$8,323 | $304,625 | $145,577 |
| 5 | $463,708 | $18,779 | -$7,745 | $300,100 | $163,609 |
| 6 | $477,620 | $19,422 | -$7,149 | $295,264 | $182,356 |
| 7 | $491,948 | $20,086 | -$6,532 | $290,096 | $201,852 |
| 8 | $506,707 | $20,772 | -$5,894 | $284,573 | $222,134 |
| 9 | $521,908 | $21,481 | -$5,236 | $278,671 | $243,237 |
| 10 | $537,565 | $22,213 | -$4,554 | $272,363 | $265,202 |
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.