17343 NW 66th Pl

Hialeah, FL 33015 · townhomes · Pending — under contract · 44 days on market
Asking price$580,000
4 beds 3 baths 1,990 sqft
Suggested offer$442,536$137,464 above the est. market value of $442,536.
View on Realtor.com →
Listed by Gabriel Gonzalez · Area Co. Real Estate, LLC.
Typetownhomes
Built1988
Price / sqft$291
Est. value (own analysis)$442,536
Rent estimate (own analysis)$3,400/mo
HOA$294/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-20
Removed date
MLSMiamiMLS #A12056336
Coordinates25.93145, -80.30883
Address17343 NW 66th Pl
CityHialeah
StateFL
Zip33015
Listing ID6007490173
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)

Purchase price$580,000
Down payment (20.0%)$116,000
Loan amount$464,000
Closing costs (5.0%)$29,000
Total cash to close$145,000
Rent (comp-derived)$3,400$40,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$40,800
Vacancy rate (assumption) assumption8.0%

$40,800 × 8.0% = $3,264

Effective gross income$3,128$37,536
Property tax (placeholder 1.9% of price)$918$11,020
Insurance (placeholder 0.8% of price)$387$4,640
HOA dues$294$3,528
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$170$2,040
Total operating expenses$1,769$21,228
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$37,536
Total operating expenses derived$21,228

$37,536 − $21,228 = $16,308

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$464,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$464,000 amortized at 6.7% over 30 years = $2,982/mo

CapEx reserve (5.0% of GSR)$170$2,040
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$16,308
Annual debt service derived$35,781
Annual CapEx reserve assumption$2,040
Annual PMI assumption$0

($16,308 − $35,781 − $2,040 − $0) ÷ 12 = -$1,793

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,308
Purchase price data$580,000

$16,308 ÷ $580,000 = 2.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,513
Total cash to close derived$145,000

-$21,513 ÷ $145,000 = -14.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,308
Annual debt service derived$35,781

$16,308 ÷ $35,781 = 0.46

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$40,800
Purchase price data$580,000

($40,800 ÷ 12) ÷ $580,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$580,000
Gross scheduled rent (annual) comp$40,800

$580,000 ÷ $40,800 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,228
Effective gross income derived$37,536

$21,228 ÷ $37,536 = 56.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,228
Annual debt service derived$35,781
Annual PMI assumption$0
Gross scheduled rent (annual) comp$40,800

($21,228 + $35,781 + $0) ÷ $40,800 = 139.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes44$3,5002026-08-05
townhomes431,658$3,4002026-08-01
townhomes431,590$3,2002026-06-25

19630 Cypress Ct Unit 19630

Miami Lakes, 33015 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage
Listed2026-08-05
Days on market

Asking rent: $3,500

View on Zillow →

7301 NW 173rd Dr Apt 101

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,658
Listed2026-08-01
Days on market

Asking rent: $3,400

View on Zillow →

6975 NW 173rd Dr Apt 2007

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,590
Listed2026-06-25
Days on market

Asking rent: $3,200

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
19408 W Lake Drtownhomes432,600$492,5002026-08-06
17455 NW 75th Pl Apt 203townhomes432,430$425,0002026-07-30
6940 NW 177th St Unit P104townhomes431,500$383,0002026-06-17
7301 NW 174th Ter Apt 100townhomes431,500$425,0002026-06-05

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
18146 NW 61st Plsingle_family431,881$699,000
7033 NW 169th Stsingle_family431,585$464,500
6799 Brookline Dr Unit 6797Acondos432,654$629,000
19240 NW 60th Ctsingle_family421,998$650,000
7858 NW 171st Stsingle_family421,854$759,900
7125 NW 173rd Dr Apt 2401townhomes431,598$379,000
18318 NW 61st Ctsingle_family431,812$635,000
6324 NW 201st Lnsingle_family422,293$885,000

10-year hold projection

IRR0.2%
Equity multiple1.03x
Total return (10yr)$80,358
YearProperty valueNOICash flowLoan balanceEquity
1$597,400$16,308-$21,513$458,969$138,431
2$615,322$16,903-$20,969$453,593$161,729
3$633,782$17,519-$20,405$447,847$185,934
4$652,795$18,156-$19,822$441,707$211,088
5$672,379$18,815-$19,218$435,146$237,233
6$692,550$19,497-$18,593$428,133$264,417
7$713,327$20,202-$17,945$420,640$292,687
8$734,727$20,931-$17,275$412,631$322,095
9$756,768$21,685-$16,582$404,073$352,696
10$779,472$22,465-$15,864$394,927$384,545
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.