2514 W 74th St
Hialeah, FL 33016 · single_family · Pending — under contract · 78 days on market
Asking price$515,000
2 beds 2 baths 1,348 sqft
Listed by Roylan valdivia · United Realty Group Inc
Typesingle_family
Built1990
Price / sqft$382
Est. value (own analysis)$518,462
Rent estimate (own analysis)$2,790/mo
HOANone
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Statusfor_sale
Listed date2026-06-17
Removed date—
MLSMiamiMLS #A12023803
Coordinates25.88953, -80.33427
Address2514 W 74th St
CityHialeah
StateFL
Zip33016
Listing ID6080304676
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33016)
Typical home value (ZHVI)$295,375
Typical rent (ZORI)$2,365/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 | $515,000 |
| Down payment (20.0%) | $103,000 |
| Loan amount | $412,000 |
| Closing costs (5.0%) | $25,750 |
| Total cash to close | $128,750 |
| Income | |
| Rent (comp-derived) | $2,790$33,480 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,567$30,802 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $815$9,785 |
| Insurance (placeholder 0.8% of price) | $343$4,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,674 |
| Total operating expenses | $1,298$15,579 |
| 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$1,674 |
| 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
Widened to city-wide. 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 | 2 | 1,300 | $2,800 | 2026-06-27 | — | |
| single_family | 2 | 1 | 1,456 | $2,700 | 2026-08-11 | — | |
| single_family | 2 | 1 | 900 | $2,500 | 2026-05-15 | — | |
| single_family | 2 | 1 | 1,174 | $3,400 | 2026-06-25 | — | |
| single_family | 2 | 1 | 1,492 | $2,500 | 2026-04-10 | — | |
| single_family | 2 | 1 | 1,460 | $2,600 | 2026-03-10 | — | |
| 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 | — | — | |
| single_family | 2 | 2 | 1,020 | $2,850 | — | — |
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 |
|---|---|---|---|---|---|---|
| 5791 W 21st Ave | single_family | 2 | 2 | 1,274 | $490,000 | 2026-08-24 |
| 2747 W 74th St | single_family | 2 | 2 | 1,536 | $155,000 | 2026-03-24 |
| 6020 W 22nd Ln | single_family | 2 | 1 | 974 | $490,000 | 2026-03-02 |
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 |
|---|---|---|---|---|---|---|
| 8350 Dundee Ter | townhomes | 2 | 3 | 1,569 | $550,000 | — |
| 5530 W 26th Ct Apt 102 | condos | 2 | 2 | 819 | $250,000 | — |
| 5290 W 21st Ct Apt 304 | condos | 2 | 2 | 812 | $224,999 | — |
| 2750 W 63rd Pl Unit 12-24 | condos | 2 | 2 | 940 | $289,900 | — |
| 2121 W 54th St | single_family | 2 | 2 | 1,174 | $504,900 | — |
| 2332 W 56th St Apt 7 | condos | 2 | 2 | 674 | $200,000 | — |
| 2093 W 54th Ter Unit 38 | condos | 2 | 2 | 1,032 | $310,000 | — |
| 5935 W 26th Ave Apt 204 | condos | 2 | 2 | 779 | $265,000 | — |
10-year hold projection
IRR0.6%
Equity multiple1.10x
Total return (10yr)$80,548
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $530,450 | $15,223 | -$18,223 | $407,533 | $122,917 |
| 2 | $546,364 | $15,757 | -$17,730 | $402,759 | $143,604 |
| 3 | $562,754 | $16,310 | -$17,220 | $397,658 | $165,097 |
| 4 | $579,637 | $16,881 | -$16,693 | $392,206 | $187,431 |
| 5 | $597,026 | $17,471 | -$16,148 | $386,380 | $210,646 |
| 6 | $614,937 | $18,081 | -$15,584 | $380,153 | $234,784 |
| 7 | $633,385 | $18,712 | -$15,001 | $373,500 | $259,886 |
| 8 | $652,387 | $19,364 | -$14,398 | $366,389 | $285,998 |
| 9 | $671,958 | $20,037 | -$13,774 | $358,790 | $313,169 |
| 10 | $692,117 | $20,733 | -$13,129 | $350,669 | $341,448 |
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.