6637 NW 181st Ln
Hialeah, FL 33015 · townhomes · For Sale · 18 days on market
Asking price$499,000
2 beds 2 baths 2,039 sqft
Listed by Dean Ismajli · Coldwell Banker/ BR
Typetownhomes
Built1981
Price / sqft$245
Est. value (own analysis)$768,723
Rent estimate (own analysis)$2,500/mo
HOA$291/mo
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Statusfor_sale
Listed date2026-08-16
Removed date—
MLSMiamiMLS #A12072034
Coordinates25.93843, -80.30618
Address6637 NW 181st Ln
CityHialeah
StateFL
Zip33015
Listing ID6005850471
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 | $499,000 |
| Down payment (20.0%) | $99,800 |
| Loan amount | $399,200 |
| Closing costs (5.0%) | $24,950 |
| Total cash to close | $124,750 |
| Income | |
| Rent (comp-derived) | $2,500$30,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,300$27,600 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $790$9,481 |
| Insurance (placeholder 0.8% of price) | $333$3,992 |
| HOA dues | $291$3,492 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $125$1,500 |
| Total operating expenses | $1,539$18,465 |
| 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) | $125$1,500 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 2 | 1,665 | $3,500 | 2026-07-13 | — | |
| townhomes | 2 | 3 | 1,350 | $2,400 | 2026-01-26 | — | |
| townhomes | 2 | 3 | 1,350 | $2,500 | 2025-10-13 | — |
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 |
|---|---|---|---|---|---|---|
| 19174 Bobolink Dr | townhomes | 2 | 3 | 1,600 | $490,000 | 2026-08-28 |
| 6725 NW 188th Ter | townhomes | 2 | 2 | 1,032 | $395,000 | 2026-08-21 |
| 17914 NW 66th Court Cir | townhomes | 2 | 2 | 1,071 | $430,000 | 2026-08-14 |
| 6722 NW 192nd Ln | townhomes | 2 | 2 | 1,089 | $375,000 | 2026-08-07 |
| 18388 NW 75th Psge Unit 2603 | townhomes | 2 | 2 | 990 | $372,000 | 2026-07-28 |
| 6704 NW 192nd Ter | townhomes | 2 | 2 | 1,032 | $415,000 | 2026-07-17 |
| 7332 Bay Hill Dr | townhomes | 2 | 2 | 1,308 | $450,000 | 2026-07-06 |
| 7452 NW 178th St | townhomes | 2 | 3 | 1,150 | $435,000 | 2026-06-19 |
| 17298 NW 60th Ct | townhomes | 2 | 2 | 932 | $345,000 | 2026-05-26 |
| 6723 NW 188th Ter | townhomes | 2 | 2 | 1,032 | $410,000 | 2026-05-20 |
| 6726 NW 188th Ter | townhomes | 2 | 2 | 1,089 | $400,000 | 2026-05-18 |
| 6548 NW 170 Ter Unit 6548 | townhomes | 2 | 2 | 991 | $369,000 | 2026-05-07 |
| 17270 NW 60th Ct | townhomes | 2 | 2 | 991 | $380,000 | 2026-03-31 |
| 6551 NW 170th Ter | townhomes | 2 | 2 | 991 | $375,000 | 2026-03-25 |
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 |
|---|---|---|---|---|---|---|
| 6272 NW 186th St Apt 106 | condos | 2 | 2 | 950 | $259,900 | — |
| 6233 NW 170th Ter | townhomes | 2 | 2 | 1,582 | $400,000 | — |
| 17911 NW 68th Ave Apt M201 | condos | 2 | 2 | 1,417 | $145,000 | — |
| 18101 NW 68th Ave Apt B105 | condos | 2 | 2 | 1,458 | $170,000 | — |
| 7235 NW 179th St Apt 101 | condos | 2 | 2 | 883 | $210,000 | — |
| 18101 NW 68th Ave Apt E105 | condos | 2 | 2 | 1,210 | $160,000 | — |
| 17901 NW 68th Ave Apt T206 | condos | 2 | 3 | 1,376 | $210,000 | — |
| 6135 NW 186th St Apt 205 | condos | 2 | 2 | 1,004 | $289,000 | — |
10-year hold projection
IRR-2.4%
Equity multiple0.61x
Total return (10yr)$15,924
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $513,970 | $9,135 | -$23,149 | $394,872 | $119,098 |
| 2 | $529,389 | $9,501 | -$22,821 | $390,246 | $139,143 |
| 3 | $545,271 | $9,881 | -$22,479 | $385,303 | $159,968 |
| 4 | $561,629 | $10,274 | -$22,125 | $380,021 | $181,608 |
| 5 | $578,478 | $10,682 | -$21,758 | $374,375 | $204,103 |
| 6 | $595,832 | $11,105 | -$21,377 | $368,342 | $227,490 |
| 7 | $613,707 | $11,542 | -$20,982 | $361,895 | $251,812 |
| 8 | $632,118 | $11,995 | -$20,572 | $355,005 | $277,113 |
| 9 | $651,082 | $12,465 | -$20,147 | $347,642 | $303,440 |
| 10 | $670,614 | $12,951 | -$19,706 | $339,773 | $330,841 |
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.