921 E 14th St

Hialeah, FL 33010 · single_family · For Sale · 35 days on market
Asking price$690,000
5 beds 4 baths 2,253 sqft
Suggested offer$634,557$55,443 above the est. market value of $634,557.
View on Realtor.com →
Listed by Anna Sidan · Florida Realty Of Miami Corp
Typesingle_family
Built1950
Price / sqft$306
Est. value (own analysis)$634,557
Rent estimate (own analysis)$5,100/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-29
Removed date
MLSMiamiMLS #A12059824
Coordinates25.83519, -80.26312
Address921 E 14th St
CityHialeah
StateFL
Zip33010
Listing ID6410387897
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33010)

Typical home value (ZHVI)$536,631
Typical rent (ZORI)$2,166/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$690,000
Down payment (20.0%)$138,000
Loan amount$552,000
Closing costs (5.0%)$34,500
Total cash to close$172,500
Rent (comp-derived)$5,100$61,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$61,200
Vacancy rate (assumption) assumption8.0%

$61,200 × 8.0% = $4,896

Effective gross income$4,692$56,304
Property tax (placeholder 1.9% of price)$1,093$13,110
Insurance (placeholder 0.8% of price)$460$5,520
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$255$3,060
Total operating expenses$1,808$21,690
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$56,304
Total operating expenses derived$21,690

$56,304 − $21,690 = $34,614

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$552,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$552,000 amortized at 6.7% over 30 years = $3,547/mo

CapEx reserve (5.0% of GSR)$255$3,060
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$34,614
Annual debt service derived$42,568
Annual CapEx reserve assumption$3,060
Annual PMI assumption$0

($34,614 − $42,568 − $3,060 − $0) ÷ 12 = -$918

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$34,614
Purchase price data$690,000

$34,614 ÷ $690,000 = 5.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,014
Total cash to close derived$172,500

-$11,014 ÷ $172,500 = -6.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$34,614
Annual debt service derived$42,568

$34,614 ÷ $42,568 = 0.81

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$61,200
Purchase price data$690,000

($61,200 ÷ 12) ÷ $690,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$690,000
Gross scheduled rent (annual) comp$61,200

$690,000 ÷ $61,200 = 11.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,690
Effective gross income derived$56,304

$21,690 ÷ $56,304 = 38.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,690
Annual debt service derived$42,568
Annual PMI assumption$0
Gross scheduled rent (annual) comp$61,200

($21,690 + $42,568 + $0) ÷ $61,200 = 105.0%

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_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 →

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
840 SE 4th Plsingle_family532,124$500,0002026-06-09
174 E 15th Stsingle_family522,284$580,0002026-06-03
412 W 15th Stsingle_family532,295$710,0002026-04-10
359 E 19th Stsingle_family551,876$645,0002025-10-28

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
171 W 13th Stsingle_family53$650,000
965 W 23rd Stsingle_family521,816$584,900
611 SE 4th Stsingle_family521,425$675,000
940 E 9th Plsingle_family541,558$550,000
750 NE 4th Plsingle_family521,752$615,000
329 W 18th Stmulti_family532,054$885,000
42 E 13th Stmulti_family531,655$700,000
350 To to Lo Chee Drsingle_family542,933$850,000

10-year hold projection

IRR6.3%
Equity multiple2.00x
Total return (10yr)$261,978
YearProperty valueNOICash flowLoan balanceEquity
1$710,700$34,614-$11,014$546,015$164,685
2$732,021$35,761-$9,943$539,619$192,402
3$753,982$36,945-$8,838$532,784$221,198
4$776,601$38,167-$7,696$525,480$251,121
5$799,899$39,429-$6,516$517,674$282,226
6$823,896$40,732-$5,298$509,331$314,565
7$848,613$42,076-$4,040$500,416$348,197
8$874,071$43,464-$2,741$490,889$383,182
9$900,294$44,897-$1,399$480,708$419,586
10$927,302$46,376-$13$469,827$457,475
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.