16825 NW 74th Ave

Hialeah, FL 33015 · single_family · For Sale · 95 days on market
Asking price$749,900
5 beds 3 baths 2,462 sqft
View on Realtor.com →
Listed by Andres Mongeotti · Lapeyre Realty Inc
Typesingle_family
Built1975
Price / sqft$305
Est. value (own analysis)$762,703
Rent estimate (own analysis)$5,275/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-30
Removed date
MLSMiamiMLS #A12027978
Coordinates25.92559, -80.32082
Address16825 NW 74th Ave
CityHialeah
StateFL
Zip33015
Listing ID6107959154
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$749,900
Down payment (20.0%)$149,980
Loan amount$599,920
Closing costs (5.0%)$37,495
Total cash to close$187,475
Rent (comp-derived)$5,275$63,300
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$63,300
Vacancy rate (assumption) assumption8.0%

$63,300 × 8.0% = $5,064

Effective gross income$4,853$58,236
Property tax (placeholder 1.9% of price)$1,187$14,248
Insurance (placeholder 0.8% of price)$500$5,999
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$264$3,165
Total operating expenses$1,951$23,412
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$58,236
Total operating expenses derived$23,412

$58,236 − $23,412 = $34,824

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$599,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$599,920 amortized at 6.7% over 30 years = $3,855/mo

CapEx reserve (5.0% of GSR)$264$3,165
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$34,824
Annual debt service derived$46,263
Annual CapEx reserve assumption$3,165
Annual PMI assumption$0

($34,824 − $46,263 − $3,165 − $0) ÷ 12 = -$1,217

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$34,824
Purchase price data$749,900

$34,824 ÷ $749,900 = 4.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,604
Total cash to close derived$187,475

-$14,604 ÷ $187,475 = -7.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$34,824
Annual debt service derived$46,263

$34,824 ÷ $46,263 = 0.75

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$63,300
Purchase price data$749,900

($63,300 ÷ 12) ÷ $749,900 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$749,900
Gross scheduled rent (annual) comp$63,300

$749,900 ÷ $63,300 = 11.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,412
Effective gross income derived$58,236

$23,412 ÷ $58,236 = 40.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,412
Annual debt service derived$46,263
Annual PMI assumption$0
Gross scheduled rent (annual) comp$63,300

($23,412 + $46,263 + $0) ÷ $63,300 = 110.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,540$3,920
single_family541,769$5,450
single_family521,750$4,9002026-07-01
single_family552,759$5,1002026-08-07
single_family533,316$6,0002026-08-15
single_family552,909$5,9002026-08-04
single_family532,263$4,200
single_family553,017$5,500

623 W 63rd Dr

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,540
Listed
Days on market

Asking rent: $3,920

View on Zillow →

5862 W 2nd Ct

Hialeah, 33012 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage1,769
Listed
Days on market

Asking rent: $5,450

View on Zillow →

3455 E 1st Ct Unit 3455

Hialeah, 33013 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,750
Listed2026-07-01
Days on market

Asking rent: $4,900

View on Zillow →

8843 W 34th Ave

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,759
Listed2026-08-07
Days on market

Asking rent: $5,100

View on Zillow →

9260 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,316
Listed2026-08-15
Days on market

Asking rent: $6,000

View on Zillow →

10614 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage2,909
Listed2026-08-04
Days on market

Asking rent: $5,900

View on Zillow →

11035 W 35th Way # 11035

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,263
Listed
Days on market

Asking rent: $4,200

View on Zillow →

17994 NW 87th Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,017
Listed
Days on market

Asking rent: $5,500

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
8406 NW 201st Stsingle_family542,639$895,0002026-08-10
19001 NW 79th Ctsingle_family532,881$875,0002026-07-27
8416 NW 201st Stsingle_family542,881$910,0002026-05-15
18811 NW 80th Avesingle_family532,881$784,9002026-05-08
7945 NW 187th Lnsingle_family532,881$805,0002026-04-08
19640 W Saint Andrews Drsingle_family533,354$1,150,0002025-11-20
8467 NW 201st Tersingle_family533,247$800,0002025-11-17
20050 NW 62nd Avesingle_family531,741$760,0002025-10-03
7952 NW 188th Lnsingle_family532,881$660,0002025-09-29
7880 NW 174th Tersingle_family531,550$755,0002025-09-25

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.

AddressTypeBedsBathsSqftAsking priceDays on market
18150 NW 82nd Avesingle_family531,981$829,999
18758 NW 78th Plsingle_family532,881$1,299,000
8251 NW 185th Stsingle_family542,229$1,050,000
18400 NW 78th Avesingle_family532,728$1,300,000
7733 NW 192nd Stsingle_family532,800$797,999
7960 NW 174th Stsingle_family532,090$740,000
18921 W Oakmont Drsingle_family532,958$1,049,000

10-year hold projection

IRR5.2%
Equity multiple1.83x
Total return (10yr)$254,435
YearProperty valueNOICash flowLoan balanceEquity
1$772,397$34,824-$14,604$593,416$178,981
2$795,569$35,985-$13,522$586,464$209,105
3$819,436$37,185-$12,403$579,036$240,400
4$844,019$38,424-$11,248$571,097$272,922
5$869,340$39,702-$10,054$562,613$306,726
6$895,420$41,023-$8,821$553,547$341,873
7$922,282$42,386-$7,548$543,858$378,424
8$949,951$43,793-$6,232$533,504$416,447
9$978,449$45,246-$4,873$522,438$456,011
10$1,007,803$46,746-$3,470$510,613$497,190
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.