Listed by Loriana Mendez · Pinnacle Realty of Florida Corp
Typesingle_family
Built2017
Price / sqft$341
Est. value (own analysis)$794,246
Rent estimate (own analysis)$3,400/mo
HOA$180/mo
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Statusfor_sale
Listed date2026-05-07
Removed date—
MLSMiamiMLS #A12013224
Coordinates25.91272, -80.35157
Address3261 W 99th Pl
CityHialeah
StateFL
Zip33018
Listing ID6178831270
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33018)
Typical home value (ZHVI)$530,396
Typical rent (ZORI)$3,006/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
$689,999
Down payment (20.0%)
$138,000
Loan amount
$551,999
Closing costs (5.0%)
$34,500
Total cash to close
$172,500
Income
Rent (comp-derived)
$3,400$40,800
Vacancy loss (8.0%)
Effective gross income
$3,128$37,536
Operating expenses
Property tax (placeholder 1.9% of price)
$1,093$13,110
Insurance (placeholder 0.8% of price)
$460$5,520
HOA dues
$180$2,160
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$170$2,040
Total operating expenses
$1,903$22,830
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)
$170$2,040
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
3
3
1,903
$3,430
—
—
single_family
3
2
1,378
$3,299
—
—
single_family
3
2
1,553
$3,240
—
—
single_family
3
2
1,412
$3,295
—
—
single_family
3
3
1,800
$3,695
—
—
single_family
3
2
1,453
$3,350
2026-08-26
—
single_family
3
2
1,367
$3,300
2026-08-23
—
single_family
3
2
1,628
$3,950
—
—
single_family
3
2
1,938
$4,500
2026-08-10
—
single_family
3
2
1,340
$3,500
2026-08-12
—
single_family
3
3
2,196
$6,090
2026-08-17
—
single_family
3
2
1,410
$3,400
2026-08-11
—
single_family
3
3
2,025
$3,800
2026-07-31
—
single_family
3
2
1,775
$3,850
2026-08-04
—
single_family
3
3
1,765
$4,000
2026-07-18
—
single_family
3
2
1,632
$4,200
2026-07-03
—
single_family
3
3
1,412
$3,200
2026-06-12
—
single_family
3
2
1,450
$3,400
—
—
single_family
3
3
1,650
$3,000
—
—
single_family
3
3
1,545
$3,000
—
—
single_family
3
3
1,650
$3,150
—
—
single_family
3
2
1,523
$4,150
—
—
single_family
3
2
2,164
$4,035
—
—
single_family
3
3
1,644
$3,300
—
—
single_family
3
3
1,583
$3,400
—
—
single_family
3
3
1,708
$3,100
—
—
single_family
3
3
1,960
$3,500
—
—
single_family
3
3
1,708
$3,400
—
—
single_family
3
3
1,540
$3,100
—
—
single_family
3
3
1,540
$3,500
—
—
single_family
3
3
2,025
$3,800
—
—
single_family
3
3
1,650
$3,400
—
—
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.
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.
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.