17617 NW 61st Ct N
Hialeah, FL 33015 · single_family · For Sale · 64 days on market
Asking price$585,000
2 beds 3 baths 1,660 sqft
Listed by Victor Cruz · Miami Home Brokers Realty
Typesingle_family
Built1986
Price / sqft$352
Est. value (own analysis)$648,342
Rent estimate (own analysis)$2,800/mo
HOA$276/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-06-30
Removed date—
MLSMiamiMLS #A12045654
Coordinates25.93465, -80.30044
Address17617 NW 61st Ct N
CityHialeah
StateFL
Zip33015
Listing ID6026905729
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 | $585,000 |
| Down payment (20.0%) | $117,000 |
| Loan amount | $468,000 |
| Closing costs (5.0%) | $29,250 |
| Total cash to close | $146,250 |
| Income | |
| Rent (comp-derived) | $2,800$33,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,576$30,912 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $926$11,115 |
| Insurance (est. scaled by flood & wind risk) | $585$7,020 |
| HOA dues | $276$3,312 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,680 |
| Total operating expenses | $1,927$23,127 |
| 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$1,680 |
| 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 | 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 | — | — |
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 |
|---|---|---|---|---|---|---|
| 6316 NW 173rd St | single_family | 2 | 2 | 1,090 | $490,000 | 2026-08-05 |
| 8359 NW 189th Street Rd | single_family | 2 | 2 | 1,357 | $530,000 | 2026-06-24 |
| 7820 NW 175th St | single_family | 2 | 1 | 970 | $350,000 | 2026-04-13 |
| 6052731027 | single_family | 2 | 2 | 1,582 | $369,000 | 2026-03-17 |
| 18511 NW 82nd Ct | single_family | 2 | 1 | 874 | $450,000 | 2026-01-16 |
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-3.7%
Equity multiple0.38x
Total return (10yr)-$13,591
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $602,550 | $7,785 | -$29,985 | $462,926 | $139,624 |
| 2 | $620,627 | $8,134 | -$29,678 | $457,503 | $163,123 |
| 3 | $639,245 | $8,497 | -$29,358 | $451,708 | $187,537 |
| 4 | $658,423 | $8,873 | -$29,026 | $445,516 | $212,907 |
| 5 | $678,175 | $9,264 | -$28,680 | $438,897 | $239,278 |
| 6 | $698,521 | $9,669 | -$28,321 | $431,825 | $266,696 |
| 7 | $719,476 | $10,090 | -$27,948 | $424,266 | $295,210 |
| 8 | $741,061 | $10,527 | -$27,560 | $416,189 | $324,871 |
| 9 | $763,292 | $10,980 | -$27,156 | $407,557 | $355,735 |
| 10 | $786,191 | $11,451 | -$26,737 | $398,332 | $387,859 |
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.