3575 W 97th St
Hialeah, FL 33018 · single_family · For Sale · 40 days on market
Asking price$749,900
5 beds 3 baths 2,436 sqft
Listed by Vania Herrera · EXP Realty, LLC
Typesingle_family
Built2016
Price / sqft$308
Est. value (own analysis)$781,224
Rent estimate (own analysis)$5,500/mo
HOA$189/mo
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Statusfor_sale
Listed date2026-07-24
Removed date—
MLSMiamiMLS #A12059661
Coordinates25.91067, -80.35619
Address3575 W 97th St
CityHialeah
StateFL
Zip33018
Listing ID6558174780
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 | $749,900 |
| Down payment (20.0%) | $149,980 |
| Loan amount | $599,920 |
| Closing costs (5.0%) | $37,495 |
| Total cash to close | $187,475 |
| Income | |
| Rent (comp-derived) | $5,500$66,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,060$60,720 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,187$14,248 |
| Insurance (placeholder 0.8% of price) | $500$5,999 |
| HOA dues | $189$2,268 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $275$3,300 |
| Total operating expenses | $2,151$25,815 |
| 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) | $275$3,300 |
| 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 | 5 | 5 | 2,759 | $5,100 | 2026-08-07 | — | |
| single_family | 5 | 5 | 2,909 | $5,900 | 2026-08-04 | — | |
| single_family | 5 | 3 | 2,263 | $4,200 | — | — | |
| single_family | 5 | 5 | 3,017 | $5,500 | — | — | |
| single_family | 5 | 3 | 2,145 | $5,950 | 2026-08-28 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 10594 W 35th Ln | single_family | 5 | 5 | 2,909 | $720,000 | 2026-08-27 |
| 3416 W 109th Pl | single_family | 5 | 3 | 2,263 | $690,000 | 2026-08-26 |
| 9810 NW 137th St | single_family | 5 | 5 | 3,791 | $2,025,000 | 2026-08-24 |
| 3573 W 93rd Pl | single_family | 5 | 3 | 2,808 | $700,000 | 2026-08-17 |
| 8968 NW 180th Ter | single_family | 5 | 5 | 3,408 | $900,000 | 2026-08-14 |
| 18172 NW 91st Ct | single_family | 5 | 7 | 2,878 | $1,315,000 | 2026-08-12 |
| 16033 NW 87th Ct | single_family | 5 | 4 | 3,050 | $1,200,000 | 2026-07-24 |
| 15450 NW 88th Ave | single_family | 5 | 4 | 3,135 | $1,245,000 | 2026-07-16 |
| 9898 NW 133rd St | single_family | 5 | 5 | 3,914 | $2,100,000 | 2026-07-10 |
| 15722 NW 88th Ave | single_family | 5 | 3 | 3,050 | $1,390,000 | 2026-06-01 |
| 3521 W 92nd Pl | single_family | 5 | 3 | 3,316 | $805,000 | 2026-05-29 |
| 3542 W 93rd Pl | single_family | 5 | 3 | 2,808 | $770,000 | 2026-05-08 |
| 3522 W 86th Ter | single_family | 5 | 5 | 3,084 | $850,000 | 2026-04-24 |
| 8752 NW 157th Ter | single_family | 5 | 3 | 3,050 | $990,000 | 2026-04-22 |
| 10966 W 35th Way | single_family | 5 | 3 | 2,263 | $699,000 | 2026-04-21 |
| 9901 NW 130th St | single_family | 5 | 3 | 4,858 | $2,108,500 | 2026-04-10 |
| 8910 NW 160th Ter | single_family | 5 | 4 | 3,014 | $1,180,000 | 2026-02-14 |
| 17933 NW 87th Pl | single_family | 5 | 5 | 3,408 | $1,060,000 | 2026-02-13 |
| 8740 NW 153rd Ter | single_family | 5 | 3 | 3,087 | $990,000 | 2026-01-22 |
| 8823 NW 155th Ter | single_family | 5 | 3 | 3,050 | $1,350,000 | 2025-12-08 |
| 9015 NW 161st Ter | single_family | 5 | 5 | 4,147 | $1,485,000 | 2025-11-26 |
| 8854 NW 153rd Ter | single_family | 5 | 3 | 2,560 | $630,000 | 2025-10-28 |
| 3218 W 97th Ter | single_family | 5 | 4 | 2,433 | $660,000 | 2025-09-23 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 3293 W 98th Pl | single_family | 5 | 3 | 2,436 | $660,000 | — |
| 9121 NW 161st Ter | single_family | 5 | 5 | 3,904 | $1,300,000 | — |
| 10181 NW 131st St | single_family | 5 | 5 | 4,389 | $3,850,000 | — |
| 8824 NW 161st Ter | single_family | 5 | 4 | 3,050 | $1,260,000 | — |
| 15455 NW 88th Ct | single_family | 5 | 4 | 3,019 | $1,080,000 | — |
| 9861 NW 135th St | single_family | 5 | 4 | 4,463 | $3,299,999 | — |
| 12401 W Okeechobee Rd | mobile | 5 | 4 | — | $149,900 | — |
| 8995 NW 161st Ter | single_family | 5 | 4 | 3,019 | $1,450,000 | — |
10-year hold projection
IRR5.2%
Equity multiple1.83x
Total return (10yr)$254,477
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,397 | $34,905 | -$14,658 | $593,416 | $178,981 |
| 2 | $795,569 | $36,081 | -$13,565 | $586,464 | $209,105 |
| 3 | $819,436 | $37,296 | -$12,434 | $579,036 | $240,400 |
| 4 | $844,019 | $38,550 | -$11,267 | $571,097 | $272,922 |
| 5 | $869,340 | $39,846 | -$10,060 | $562,613 | $306,726 |
| 6 | $895,420 | $41,183 | -$8,813 | $553,547 | $341,873 |
| 7 | $922,282 | $42,565 | -$7,525 | $543,858 | $378,424 |
| 8 | $949,951 | $43,992 | -$6,194 | $533,504 | $416,447 |
| 9 | $978,449 | $45,465 | -$4,819 | $522,438 | $456,011 |
| 10 | $1,007,803 | $46,986 | -$3,398 | $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.