7000 W 15th Ct

Hialeah, FL 33014 · townhomes · For Sale · 335 days on market
Asking price$400,000
2 beds 2 baths 1,330 sqft
View on Realtor.com →
Listed by Iala Rodriguez Cruz · Canvas Real Estate
Typetownhomes
Built1966
Price / sqft$301
Est. value (own analysis)$478,800
Rent estimate (own analysis)$2,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-10-02
Removed date
MLSMiamiMLS #A11889226
Coordinates25.88622, -80.31461
Address7000 W 15th Ct
CityHialeah
StateFL
Zip33014
Listing ID6034653896
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$400,000
Down payment (20.0%)$80,000
Loan amount$320,000
Closing costs (5.0%)$20,000
Total cash to close$100,000
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$633$7,600
Insurance (placeholder 0.8% of price)$267$3,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$1,025$12,300
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$12,300

$27,600 − $12,300 = $15,300

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$320,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$320,000 amortized at 6.7% over 30 years = $2,056/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$15,300
Annual debt service derived$24,677
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($15,300 − $24,677 − $1,500 − $0) ÷ 12 = -$906

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,300
Purchase price data$400,000

$15,300 ÷ $400,000 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,877
Total cash to close derived$100,000

-$10,877 ÷ $100,000 = -10.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,300
Annual debt service derived$24,677

$15,300 ÷ $24,677 = 0.62

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$400,000

($30,000 ÷ 12) ÷ $400,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$400,000
Gross scheduled rent (annual) comp$30,000

$400,000 ÷ $30,000 = 13.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$12,300
Effective gross income derived$27,600

$12,300 ÷ $27,600 = 44.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$12,300
Annual debt service derived$24,677
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($12,300 + $24,677 + $0) ÷ $30,000 = 123.3%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes22900$2,3002026-06-24
townhomes21900$2,5002026-07-09
townhomes211,775$2,4002026-07-24
townhomes231,122$2,2002026-05-27
townhomes221,000$2,4902026-05-26
townhomes22930$2,5002026-07-23
townhomes221,032$2,6002026-08-03
townhomes231,150$2,8002026-08-26
townhomes221,150$2,4002026-08-11
townhomes231,150$2,4002026-08-11
townhomes231,241$2,6502026-08-25
townhomes221,020$2,5002026-08-11
townhomes221,665$3,5002026-07-13
townhomes22991$2,8502026-08-05
townhomes231,350$2,4002026-01-26
townhomes231,350$2,5002025-10-13
townhomes221,090$2,3002026-07-02
townhomes22883$2,1502026-07-19
townhomes22980$2,4002026-07-17
townhomes231,441$2,9752026-08-26
townhomes22970$2,2502026-07-06
townhomes231,316$2,8502026-08-27
townhomes231,361$2,8502026-07-27

1551 W Okeechobee Rd Apt 9

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-06-24
Days on market

Asking rent: $2,300

View on Zillow →

90 E 15th St Unit 1

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage900
Listed2026-07-09
Days on market

Asking rent: $2,500

View on Zillow →

961 E 9th St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,775
Listed2026-07-24
Days on market

Asking rent: $2,400

View on Zillow →

4424 W 12th Ln Unit 7

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,122
Listed2026-05-27
Days on market

Asking rent: $2,200

View on Zillow →

1705 W 57th St Unit 506

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,000
Listed2026-05-26
Days on market

Asking rent: $2,490

View on Zillow →

519 W 68th St Apt 4

Hialeah, 33014 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage930
Listed2026-07-23
Days on market

Asking rent: $2,500

View on Zillow →

6707 NW 193rd Ln Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,032
Listed2026-08-03
Days on market

Asking rent: $2,600

View on Zillow →

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-26
Days on market

Asking rent: $2,800

View on Zillow →

18125 NW 74th Ct Unit 18125

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7427 NW 181st Ter Unit 7427

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7055 NW 173rd Dr Apt 1503

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,241
Listed2026-08-25
Days on market

Asking rent: $2,650

View on Zillow →

7070 NW 173rd Dr Apt 304

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,020
Listed2026-08-11
Days on market

Asking rent: $2,500

View on Zillow →

7441 Bay Hill Dr

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,665
Listed2026-07-13
Days on market

Asking rent: $3,500

View on Zillow →

6547 NW 170th Ter

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage991
Listed2026-08-05
Days on market

Asking rent: $2,850

View on Zillow →

18520 NW 67th Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2026-01-26
Days on market

Asking rent: $2,400

View on Zillow →

17710 NW 73rd Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2025-10-13
Days on market

Asking rent: $2,500

View on Zillow →

2365 W 74th St

Hialeah, 33016 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,090
Listed2026-07-02
Days on market

Asking rent: $2,300

View on Zillow →

2560 W 53rd St Unit 502

Hialeah, 33016 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage883
Listed2026-07-19
Days on market

Asking rent: $2,150

View on Zillow →

7787 W 29th Ln Unit 101-31

Hialeah, 33018 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage980
Listed2026-07-17
Days on market

Asking rent: $2,400

View on Zillow →

9335 W 33rd Ave

Hialeah, 33018 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,441
Listed2026-08-26
Days on market

Asking rent: $2,975

View on Zillow →

6823 W 36th Ave Unit 201

Hialeah, 33018 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage970
Listed2026-07-06
Days on market

Asking rent: $2,250

View on Zillow →

8210 NW 191st Ln Unit 19L

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,316
Listed2026-08-27
Days on market

Asking rent: $2,850

View on Zillow →

8091 W 36th Ave Apt 1

Hialeah, 33018 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,361
Listed2026-07-27
Days on market

Asking rent: $2,850

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
515 W 68th St Apt 3townhomes22930$310,0002026-07-28
7130 Fairway Dr Apt L26townhomes221,156$320,0002026-07-16
6386 Milk Wagon Lntownhomes221,275$505,0002026-07-15
7205 W 2nd Lntownhomes231,452$335,0002026-07-09
16618 NW 71st Avetownhomes231,260$469,0002026-07-08
1819 W 68th Sttownhomes221,380$465,0002026-06-18
1675 W 72nd Sttownhomes221,314$440,0002026-06-18
6448 Windmill Gate Rdtownhomes22972$432,0002026-06-04
16341 Wood Walktownhomes22882$415,0002026-05-29
6610 E Miami Lakes Drtownhomes22790$379,0002026-05-19
6389 Cotton Tail Rdtownhomes22972$393,0002026-05-06
7020 Crown Gate Drtownhomes221,460$551,0002026-04-30
7184 W 2nd Cttownhomes231,452$450,0002026-04-15
1647 W 72nd Sttownhomes221,314$400,0002026-04-01
6742 Kingsmoor Waytownhomes221,460$385,0002026-03-16
6442 Milk Wagon Lntownhomes221,275$485,0002026-03-12
1680 W 72nd Sttownhomes221,344$330,0002026-02-20
6417 Windmill Gate Rdtownhomes221,275$475,0002026-02-09
6460 Milk Wagon Lntownhomes221,275$480,0002026-02-09
7048 W 17th Cttownhomes221,250$450,0002025-12-30
7308 Jacaranda Lntownhomes221,305$505,0002025-12-01
7174 W 2nd Lntownhomes231,452$380,0002025-11-25
7445 W 16th Avetownhomes221,292$398,0002025-11-17
6437 Lemon Tree Lntownhomes22882$459,0002025-11-13
1831 W 72nd Pltownhomes231,408$426,0002025-11-12
16103 Kingsmoor Waytownhomes221,460$537,5002025-11-06
7025 W 19th Cttownhomes221,250$439,0002025-11-03

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
7231 Miami Lakes Dr Apt C5condos21816$239,000
7412 Big Cypress Drcondo_townhome_rowhome_coop221,333$575,000
6305 Gage Pl Unit 306Acondos221,147$325,000
7208 Fairway Dr Apt I9condos21816$279,000
7121 Miami Lakes Dr Apt Q8condos22918$300,000
6718 NW 166th Ter Unit 301condos22970$375,000
6305 Gage Pl Unit 309Acondos221,147$375,000
7100 Fairway Dr Apt K11condos21816$299,900

10-year hold projection

IRR3.0%
Equity multiple1.48x
Total return (10yr)$100,231
YearProperty valueNOICash flowLoan balanceEquity
1$412,000$15,300-$10,877$316,530$95,470
2$424,360$15,821-$10,394$312,823$111,537
3$437,091$16,358-$9,895$308,860$128,231
4$450,204$16,914-$9,379$304,626$145,578
5$463,710$17,487-$8,846$300,100$163,609
6$477,621$18,080-$8,294$295,264$182,357
7$491,950$18,692-$7,725$290,096$201,854
8$506,708$19,324-$7,136$284,573$222,135
9$521,909$19,976-$6,528$278,671$243,239
10$537,567$20,651-$5,899$272,363$265,204
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.