9213 W 33rd Way

Hialeah, FL 33018 · condo_townhome_rowhome_coop · Pending — under contract · 118 days on market
Asking price$465,000
3 beds 3 baths 1,545 sqft
Suggested offer$457,475$7,526 above the est. market value of $457,475.
View on Realtor.com →
Listed by Jorge Lopez · COMPASS
Typecondo_townhome_rowhome_coop
Built2016
Price / sqft$301
Est. value (own analysis)$457,475
Rent estimate (own analysis)$3,200/mo
HOA$299/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-08
Removed date
MLSMiamiMLS #A12014947
Coordinates25.90667, -80.35242
Address9213 W 33rd Way
CityHialeah
StateFL
Zip33018
Listing ID6578112059
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)

Purchase price$465,000
Down payment (20.0%)$93,000
Loan amount$372,000
Closing costs (5.0%)$23,250
Total cash to close$116,250
Rent (comp-derived)$3,200$38,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,400
Vacancy rate (assumption) assumption8.0%

$38,400 × 8.0% = $3,072

Effective gross income$2,944$35,328
Property tax (placeholder 1.9% of price)$736$8,835
Insurance (placeholder 0.8% of price)$310$3,720
HOA dues$299$3,588
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$160$1,920
Total operating expenses$1,505$18,063
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,328
Total operating expenses derived$18,063

$35,328 − $18,063 = $17,265

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$372,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$372,000 amortized at 6.7% over 30 years = $2,391/mo

CapEx reserve (5.0% of GSR)$160$1,920
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$17,265
Annual debt service derived$28,687
Annual CapEx reserve assumption$1,920
Annual PMI assumption$0

($17,265 − $28,687 − $1,920 − $0) ÷ 12 = -$1,112

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,265
Purchase price data$465,000

$17,265 ÷ $465,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,342
Total cash to close derived$116,250

-$13,342 ÷ $116,250 = -11.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,265
Annual debt service derived$28,687

$17,265 ÷ $28,687 = 0.60

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,400
Purchase price data$465,000

($38,400 ÷ 12) ÷ $465,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$465,000
Gross scheduled rent (annual) comp$38,400

$465,000 ÷ $38,400 = 12.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,063
Effective gross income derived$35,328

$18,063 ÷ $35,328 = 51.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,063
Annual debt service derived$28,687
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,400

($18,063 + $28,687 + $0) ÷ $38,400 = 121.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos321,200$3,0002026-04-29
condos331,545$2,9002026-04-15
apartment321,189$2,6772026-07-30
condos321,300$2,8002026-07-25
condos331,668$3,3002026-08-22
condos321,079$2,6252026-06-10
condos321,150$2,5002026-05-11
condos331,545$2,9902026-06-20
condos321,180$2,7502026-05-28
condos331,412$3,3002026-08-10
condos331,650$3,2002026-08-11
condos321,230$2,7002026-08-13
condos331,361$2,9002026-07-24
condos331,650$4,0002026-06-01
condos321,878$4,3002026-04-30
condos331,545$3,3502026-07-01
condos331,668$3,2002026-05-22
apartment321,336$3,310
apartment321,298$4,107
apartment321,389$3,250
apartment321,336$3,302
apartment321,611$3,750
apartment321,611$3,750

11051 W Okeechobee Rd Unit 101

Miami, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-04-29
Days on market

Asking rent: $3,000

View on Zillow →

8913 W 35th Way

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-04-15
Days on market

Asking rent: $2,900

View on Zillow →

3417 W 80th St Unit 108

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,189
Listed2026-07-30
Days on market

Asking rent: $2,677

View on Zillow →

3514 W 76th St Unit 201

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,300
Listed2026-07-25
Days on market

Asking rent: $2,800

View on Zillow →

9267 W 34th Ct

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,668
Listed2026-08-22
Days on market

Asking rent: $3,300

View on Zillow →

3041 W 76th St Unit B108

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,079
Listed2026-06-10
Days on market

Asking rent: $2,625

View on Zillow →

7778 W 34th Ln Unit 20-201

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-05-11
Days on market

Asking rent: $2,500

View on Zillow →

8872 W 35th Ct

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-06-20
Days on market

Asking rent: $2,990

View on Zillow →

10648 NW 87th Ct Unit 10648

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,180
Listed2026-05-28
Days on market

Asking rent: $2,750

View on Zillow →

3413 W 113th St Unit 3413

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,412
Listed2026-08-10
Days on market

Asking rent: $3,300

View on Zillow →

11447 W 34th Ct

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-08-11
Days on market

Asking rent: $3,200

View on Zillow →

7776 W 36th Ave Apt 6

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,230
Listed2026-08-13
Days on market

Asking rent: $2,700

View on Zillow →

8123 W 36th Ave Apt 1

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,361
Listed2026-07-24
Days on market

Asking rent: $2,900

View on Zillow →

11445 W 33rd Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-06-01
Days on market

Asking rent: $4,000

View on Zillow →

8741 NW 141st Ter Unit Nw

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,878
Listed2026-04-30
Days on market

Asking rent: $4,300

View on Zillow →

3538 W 88th Ter Unit 3538

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-07-01
Days on market

Asking rent: $3,350

View on Zillow →

9261 W 33rd Way

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,668
Listed2026-05-22
Days on market

Asking rent: $3,200

View on Zillow →

11181 W 35th Way # 1-112

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed
Days on market

Asking rent: $3,310

View on Zillow →

17351 NW 94th Ct # 08-304

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,298
Listed
Days on market

Asking rent: $4,107

View on Zillow →

3545 W 98th St # 008-305

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,389
Listed
Days on market

Asking rent: $3,250

View on Zillow →

11181 W 35th Way # 2-212

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed
Days on market

Asking rent: $3,302

View on Zillow →

3784 W 88th St # 2-110

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,611
Listed
Days on market

Asking rent: $3,750

View on Zillow →

3784 W 88th St # 4-110

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,611
Listed
Days on market

Asking rent: $3,750

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
9386 W 33rd Lncondo_townhome_rowhome_coop331,545$426,5502026-08-03
3388 W 100th Tercondos331,848$540,0002026-04-27
10923 W Okeechobee Rd Unit 201condos321,190$357,0002026-04-20
3355 W 106th Tercondo_townhome_rowhome_coop331,412$485,0002026-04-16
9326 NW 121st St Unit 115condos331,240$495,0002026-04-13
3021 W 76th St Apt 201condo321,079$280,0002026-04-13
10515 W 33rd Ctcondo_townhome_rowhome_coop331,650$505,0002026-04-06
3021 W 76th St Unit C201condos321,079$280,0002026-03-20

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
9018 NW 120th St Unit 133condo_townhome_rowhome_coop321,270$427,900
8724 NW 149th Tersingle_family321,676$720,000
15842 NW 91 Ct Unit 15842townhomes331,692$575,000
9733 NW 126th Tersingle_family321,550$575,000
19641 NW 88th Avesingle_family321,957$814,900
10364 NW 128th Tersingle_family321,398$599,000
7001 W 35th Ave Unit 273condos321,170$439,000
19181 NW 89th Avesingle_family321,628$679,000

10-year hold projection

IRR2.6%
Equity multiple1.42x
Total return (10yr)$109,549
YearProperty valueNOICash flowLoan balanceEquity
1$478,950$17,265-$13,342$367,967$110,983
2$493,319$17,873-$12,782$363,656$129,662
3$508,118$18,502-$12,202$359,050$149,068
4$523,362$19,152-$11,602$354,128$169,234
5$539,062$19,824-$10,982$348,867$190,195
6$555,234$20,518-$10,341$343,245$211,989
7$571,891$21,236-$9,678$337,237$234,654
8$589,048$21,978-$8,991$330,817$258,231
9$606,720$22,744-$8,282$323,956$282,764
10$624,921$23,537-$7,548$316,623$308,298
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.