2485 W 70th Pl

Hialeah, FL 33016 · single_family · Pending — under contract · 83 days on market
Asking price$550,000
4 beds 2 baths 1,560 sqft
View on Realtor.com →
Listed by Roylan valdivia · United Realty Group Inc
Typesingle_family
Built1989
Price / sqft$353
Est. value (own analysis)$617,760
Rent estimate (own analysis)$4,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-11
Removed date
MLSMiamiMLS #A12034825
Coordinates25.88687, -80.33342
Address2485 W 70th Pl
CityHialeah
StateFL
Zip33016
Listing ID6115073800
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)

Purchase price$550,000
Down payment (20.0%)$110,000
Loan amount$440,000
Closing costs (5.0%)$27,500
Total cash to close$137,500
Rent (comp-derived)$4,000$48,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$48,000
Vacancy rate (assumption) assumption8.0%

$48,000 × 8.0% = $3,840

Effective gross income$3,680$44,160
Property tax (placeholder 1.9% of price)$871$10,450
Insurance (placeholder 0.8% of price)$367$4,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$200$2,400
Total operating expenses$1,438$17,250
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$44,160
Total operating expenses derived$17,250

$44,160 − $17,250 = $26,910

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$440,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$440,000 amortized at 6.7% over 30 years = $2,828/mo

CapEx reserve (5.0% of GSR)$200$2,400
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$26,910
Annual debt service derived$33,931
Annual CapEx reserve assumption$2,400
Annual PMI assumption$0

($26,910 − $33,931 − $2,400 − $0) ÷ 12 = -$785

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,910
Purchase price data$550,000

$26,910 ÷ $550,000 = 4.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$9,421
Total cash to close derived$137,500

-$9,421 ÷ $137,500 = -6.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,910
Annual debt service derived$33,931

$26,910 ÷ $33,931 = 0.79

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$48,000
Purchase price data$550,000

($48,000 ÷ 12) ÷ $550,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$550,000
Gross scheduled rent (annual) comp$48,000

$550,000 ÷ $48,000 = 11.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,250
Effective gross income derived$44,160

$17,250 ÷ $44,160 = 39.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,250
Annual debt service derived$33,931
Annual PMI assumption$0
Gross scheduled rent (annual) comp$48,000

($17,250 + $33,931 + $0) ÷ $48,000 = 106.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family431,675$3,575
single_family431,735$4,9502026-06-19
single_family421,585$4,1002026-04-12
single_family421,226$3,8002026-06-26
single_family431,916$4,2002026-05-05
single_family431,910$3,400
single_family421,831$4,0002026-08-07
single_family431,980$3,700
single_family421,414$3,8002026-08-19
single_family432,012$5,0002026-08-22
single_family431,990$3,800
single_family431,914$4,000
single_family431,869$4,200
single_family431,648$5,0002026-09-01

669 W 23rd St

Hialeah, 33010 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,675
Listed
Days on market

Asking rent: $3,575

View on Zillow →

561 W 39th St

Hialeah, 33012 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,735
Listed2026-06-19
Days on market

Asking rent: $4,950

View on Zillow →

957 W 67th St

Hialeah, 33012 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,585
Listed2026-04-12
Days on market

Asking rent: $4,100

View on Zillow →

951 E 32nd St

Hialeah, 33013 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,226
Listed2026-06-26
Days on market

Asking rent: $3,800

View on Zillow →

7599 W 4th Ct Unit 0

Hialeah, 33014 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,916
Listed2026-05-05
Days on market

Asking rent: $4,200

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890 W 81st Pl

Hialeah, 33014 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,910
Listed
Days on market

Asking rent: $3,400

View on Zillow →

6651 NW 173rd Ln Unit 6651

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,831
Listed2026-08-07
Days on market

Asking rent: $4,000

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18925 NW 78th Ct

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,980
Listed
Days on market

Asking rent: $3,700

View on Zillow →

6978 W 25th Ave

Hialeah, 33016 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,414
Listed2026-08-19
Days on market

Asking rent: $3,800

View on Zillow →

3567 W 110th Ter

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,012
Listed2026-08-22
Days on market

Asking rent: $5,000

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3431 W 109th Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,990
Listed
Days on market

Asking rent: $3,800

View on Zillow →

10409 W 32nd Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,914
Listed
Days on market

Asking rent: $4,000

View on Zillow →

3409 W 92nd Pl

Hialeah, 33018 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,869
Listed
Days on market

Asking rent: $4,200

View on Zillow →

7983 NW 186th Ter Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,648
Listed2026-09-01
Days on market

Asking rent: $5,000

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
14372 NW 83rd Avesingle_family432,231$610,0002026-08-31
16750 NW 78th Avesingle_family442,503$1,210,0002026-07-28
7819 NW 166th Tersingle_family432,208$900,0002026-07-21
7831 NW 160th Tersingle_family432,162$895,0002026-07-09
14460 Glencairn Rdsingle_family432,201$1,050,0002026-06-26
2549 W 72nd Plsingle_family421,475$590,0002026-06-26
8341 NW 167th Tersingle_family422,162$728,1002026-06-17
16640 NW 86th Ctsingle_family442,449$960,0002026-06-12
7841 NW 169th Tersingle_family422,131$910,0002026-05-26
15507 NW 82nd Ctsingle_family432,404$1,075,0002026-05-08
8120 NW 167th Tersingle_family433,563$932,3002026-04-14
7760 NW 163rd Stsingle_family432,048$835,0002026-04-06
16801 NW 77th Plsingle_family442,702$1,167,0002026-03-17
7821 NW 159th Tersingle_family432,314$955,0002026-03-13
8371 NW 166th Tersingle_family453,528$940,0002026-02-06
16422 NW 77th Plsingle_family432,804$675,0002026-02-03
2508 W 71st Plsingle_family421,440$579,0002026-01-30
16920 NW 83rd Ctsingle_family433,292$1,000,0002026-01-20
16811 NW 83rd Avesingle_family433,298$1,250,0002026-01-05
8001 NW 166th Stsingle_family433,125$1,125,0002025-12-16
8320 NW 167th Tersingle_family433,474$950,0002025-12-15
8311 NW 166th Tersingle_family443,719$1,250,0002025-11-20
16760 NW 84th Ctsingle_family434,280$1,975,0002025-11-07
8560 NW 169th Tersingle_family432,631$1,100,0002025-11-03
8565 NW 168th Tersingle_family453,576$880,0002025-10-23
7965 NW 162nd Stsingle_family443,380$1,300,0002025-10-22

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
15600 NW 82nd Ctsingle_family432,947$1,395,000
2217 W 69th St Unit 2217Acondos431,580$389,800
14629 Glencairn Rdsingle_family432,309$1,100,000
15721 NW 79th Ctsingle_family443,093$1,699,000
15901 NW 83rd Plsingle_family432,889$1,250,000
2561 W 60th Pl Unit 102-1townhomes431,798$429,999
16581 NW 84th Avesingle_family432,659$1,499,999
16820 NW 80th Ctsingle_family432,186$995,000

10-year hold projection

IRR5.9%
Equity multiple1.94x
Total return (10yr)$201,446
YearProperty valueNOICash flowLoan balanceEquity
1$566,500$26,910-$9,421$435,229$131,271
2$583,495$27,804-$8,587$430,131$153,364
3$601,000$28,726-$7,726$424,683$176,317
4$619,030$29,678-$6,837$418,860$200,169
5$637,601$30,662-$5,918$412,638$224,963
6$656,729$31,677-$4,969$405,989$250,740
7$676,431$32,725-$3,989$398,882$277,548
8$696,724$33,806-$2,977$391,288$305,435
9$717,625$34,923-$1,932$383,173$334,453
10$739,154$36,076-$852$374,500$364,654
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.