7961 W 6th Ave

Hialeah, FL 33014 · single_family · For Sale · 28 days on market
Asking price$750,000
4 beds 2 baths 2,120 sqft
View on Realtor.com →
Listed by Miladys Gutirrez · Real Estate Empire Group, Inc.
Typesingle_family
Built1983
Price / sqft$354
Est. value (own analysis)$855,356
Rent estimate (own analysis)$4,200/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-05
Removed date
MLSMiamiMLS #A12065954
Coordinates25.89481, -80.29575
Address7961 W 6th Ave
CityHialeah
StateFL
Zip33014
Listing ID5958370512
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)

Purchase price$750,000
Down payment (20.0%)$150,000
Loan amount$600,000
Closing costs (5.0%)$37,500
Total cash to close$187,500
Rent (comp-derived)$4,200$50,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$50,400
Vacancy rate (assumption) assumption8.0%

$50,400 × 8.0% = $4,032

Effective gross income$3,864$46,368
Property tax (placeholder 1.9% of price)$1,188$14,250
Insurance (placeholder 0.8% of price)$500$6,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$210$2,520
Total operating expenses$1,898$22,770
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$46,368
Total operating expenses derived$22,770

$46,368 − $22,770 = $23,598

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$600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$600,000 amortized at 6.7% over 30 years = $3,856/mo

CapEx reserve (5.0% of GSR)$210$2,520
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$23,598
Annual debt service derived$46,269
Annual CapEx reserve assumption$2,520
Annual PMI assumption$0

($23,598 − $46,269 − $2,520 − $0) ÷ 12 = -$2,099

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$23,598
Purchase price data$750,000

$23,598 ÷ $750,000 = 3.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$25,191
Total cash to close derived$187,500

-$25,191 ÷ $187,500 = -13.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$23,598
Annual debt service derived$46,269

$23,598 ÷ $46,269 = 0.51

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$50,400
Purchase price data$750,000

($50,400 ÷ 12) ÷ $750,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$750,000
Gross scheduled rent (annual) comp$50,400

$750,000 ÷ $50,400 = 14.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,770
Effective gross income derived$46,368

$22,770 ÷ $46,368 = 49.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,770
Annual debt service derived$46,269
Annual PMI assumption$0
Gross scheduled rent (annual) comp$50,400

($22,770 + $46,269 + $0) ÷ $50,400 = 137.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family422,120$5,2002026-08-27
single_family431,916$4,2002026-05-05
single_family431,910$3,400

15330 Durnford Dr

Miami Lakes, 33014 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,120
Listed2026-08-27
Days on market

Asking rent: $5,200

View on Zillow →

7599 W 4th Ct Unit 0

Hialeah, 33014 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,916
Listed2026-05-05
Days on market

Asking rent: $4,200

View on Zillow →

890 W 81st Pl

Hialeah, 33014 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,910
Listed
Days on market

Asking rent: $3,400

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
7290 W 14th Ctsingle_family421,682$685,0002026-08-28
7701 W 16th Ctsingle_family431,791$745,0002026-08-28
7835 W 16th Ctsingle_family431,905$750,0002026-08-13
7200 W 12th Avesingle_family431,325$890,0002026-08-05
6726 Orchid Drsingle_family422,100$950,0002026-07-28
1158 W 70th Plsingle_family421,554$675,0002026-07-16
6901 Loch Ness Drsingle_family421,957$618,0002026-07-13
8064 W 14th Avesingle_family421,701$750,0002026-07-10
655 W 70th Plsingle_family422,198$690,0002026-06-09
15800 Kingsmoor Waysingle_family443,834$1,200,0002026-05-22
14435 Tabebuia Lnsingle_family421,575$760,0002026-05-22
7600 W 12th Avesingle_family421,745$643,0002026-05-13
6320 Pent Plsingle_family432,406$950,0002026-04-28
747 W 78th Stsingle_family443,190$930,0002026-04-27
8075 W 18th Lnsingle_family431,571$750,0002026-04-13
8065 W 14th Ctsingle_family432,003$799,0002026-03-26
7877 W 16th Avesingle_family431,346$695,0002026-03-23
6950 W 10th Avesingle_family421,995$737,5002026-03-20
1300 W 77th Stsingle_family421,638$705,0002026-03-16
690 W 74th Plsingle_family443,470$163,0002026-01-30
1150 W 69th Plsingle_family432,078$610,0002026-01-16
7770 W 8th Avesingle_family421,161$480,0002025-12-19
16511 Stonehaven Rdsingle_family432,094$1,200,0002025-11-24
6975 W 10th Ctsingle_family421,860$720,0002025-11-05
14181 Leaning Pine Drsingle_family421,864$745,0002025-10-22
16111 W Troon Cirsingle_family443,611$2,075,0002025-09-05

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.

AddressTypeBedsBathsSqftAsking priceDays on market
15331 Turnbull Drsingle_family431,936$1,175,000
14412 Rosewood Rdsingle_family432,845$1,500,000
15331 Durnford Drsingle_family431,974$990,000
14821 Palmetto Palm Avesingle_family422,221$998,000
7101 E Troon Cirsingle_family443,043$1,925,500
16241 W Troon Cirsingle_family434,164$2,150,000
790 W 73rd Plsingle_family431,912$679,000
884 W 72nd Plsingle_family431,560$795,999

10-year hold projection

IRR1.1%
Equity multiple1.19x
Total return (10yr)$132,788
YearProperty valueNOICash flowLoan balanceEquity
1$772,500$23,598-$25,191$593,495$179,005
2$795,675$24,420-$24,432$586,543$209,132
3$819,545$25,269-$23,648$579,113$240,432
4$844,132$26,147-$22,836$571,174$272,958
5$869,456$27,054-$21,997$562,689$306,767
6$895,539$27,991-$21,129$553,621$341,918
7$922,405$28,960-$20,232$543,931$378,474
8$950,078$29,960-$19,304$533,575$416,502
9$978,580$30,995-$18,345$522,509$456,071
10$1,007,937$32,063-$17,353$510,682$497,255
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.