5255 W 26th Ct Unit 803

Hialeah, FL 33016 · townhomes · For Sale · 46 days on market
Asking price$375,000
3 beds 3 baths 1,030 sqft
Suggested offer$304,134$70,866 above the est. market value of $304,134.
View on Realtor.com →
Listed by Nicole Nissing · Top Tier International Realty, LLC.
Typetownhomes
Built1985
Price / sqft$364
Est. value (own analysis)$304,134
Rent estimate (own analysis)$2,500/mo
HOA$285/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-18
Removed date
MLSMiamiMLS #A12055084
Coordinates25.87052, -80.33527
Address5255 W 26th Ct Unit 803
CityHialeah
StateFL
Zip33016
Listing ID6505620877
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$375,000
Down payment (20.0%)$75,000
Loan amount$300,000
Closing costs (5.0%)$18,750
Total cash to close$93,750
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$594$7,125
Insurance (est. scaled by flood & wind risk)$375$4,500
HOA dues$285$3,420
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$1,379$16,545
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$16,545

$27,600 − $16,545 = $11,055

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$300,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$300,000 amortized at 6.7% over 30 years = $1,928/mo

CapEx reserve (5.0% of GSR)$125$1,500
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$11,055
Annual debt service derived$23,135
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($11,055 − $23,135 − $1,500 − $0) ÷ 12 = -$1,132

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,055
Purchase price data$375,000

$11,055 ÷ $375,000 = 2.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,580
Total cash to close derived$93,750

-$13,580 ÷ $93,750 = -14.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,055
Annual debt service derived$23,135

$11,055 ÷ $23,135 = 0.48

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$375,000

($30,000 ÷ 12) ÷ $375,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$375,000
Gross scheduled rent (annual) comp$30,000

$375,000 ÷ $30,000 = 12.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,545
Effective gross income derived$27,600

$16,545 ÷ $27,600 = 59.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,545
Annual debt service derived$23,135
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($16,545 + $23,135 + $0) ÷ $30,000 = 132.3%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,340$2,4002026-07-09
townhomes321,150$2,5002026-08-12
townhomes321,121$3,2002026-08-28

5373 W 24th Ct Unit 5373

Hialeah, 33016 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,340
Listed2026-07-09
Days on market

Asking rent: $2,400

View on Zillow →

2409 W 52nd Pl Unit 5-2

Hialeah, 33016 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-08-12
Days on market

Asking rent: $2,500

View on Zillow →

5924 W 21st Ct

Hialeah, 33016 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,121
Listed2026-08-28
Days on market

Asking rent: $3,200

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
5256 W 24th Ave Unit 5-3townhomes321,150$272,5002026-06-16
2425 W 76th St Apt 109townhomes321,270$375,0002026-06-16
14231 NW 83rd Avetownhomes321,131$513,5002026-06-12
15074 Rednock Lntownhomes321,569$500,0002026-06-11
8338 NW 145th Sttownhomes332,015$535,0002026-06-05
8511 Ardoch Rdtownhomes321,483$520,0002026-05-12
6080 W 26th Ct Unit 101-9townhomes331,828$382,5002026-04-27
6410 W 27th Ln Unit 101-19townhomes331,478$350,0002026-04-24
8531 NW 139th Ter Apt 1409townhomes331,450$480,0002026-04-23
14621 Balgowan Rd Unit 102-3townhomes321,525$475,0002026-04-13
8544 NW 140th Ter Apt 1003townhomes331,351$485,0002026-04-02
8423 NW 138th Ter Apt 2804townhomes331,459$440,0002026-04-01
7211 W 24th Ave Apt 2304townhomes321,440$362,5002026-03-30
14251 NW 83rd Avetownhomes332,015$550,0002026-03-19
5816 W 21st Cttownhomes321,121$250,0002026-02-20

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
16203 NW 82nd Plsingle_family332,563$1,399,000
2523 W 65th Stsingle_family321,114$530,000
8188 NW 98th Ln Unit 122townhomes32$324,000
condos32980$314,999
5941 W 20th Lnsingle_family321,274$499,900
14715 Balgowan Rd Unit 104-9condos321,525$449,500
6983 W 24th Lnsingle_family321,414$530,000
2745 W 62nd Pl Apt 202condos32972$260,000

10-year hold projection

IRR0.5%
Equity multiple1.08x
Total return (10yr)$56,520
YearProperty valueNOICash flowLoan balanceEquity
1$386,250$11,055-$13,580$296,747$89,503
2$397,838$11,469-$13,203$293,271$104,566
3$409,773$11,898-$12,812$289,557$120,216
4$422,066$12,342-$12,408$285,587$136,479
5$434,728$12,801-$11,989$281,344$153,383
6$447,770$13,277-$11,555$276,811$170,959
7$461,203$13,769-$11,105$271,966$189,237
8$475,039$14,278-$10,640$266,788$208,251
9$489,290$14,804-$10,158$261,254$228,036
10$503,969$15,349-$9,659$255,341$248,628
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.