9400 W 35th Ln

Hialeah, FL 33018 · single_family · For Sale · 16 days on market
Asking price$939,000
5 beds 4 baths 3,380 sqft
View on Realtor.com →
Listed by Maria Del Mar Torres · Elite International Realty Inc
Typesingle_family
Built2016
Price / sqft$278
Est. value (own analysis)$1,083,965
Rent estimate (own analysis)$5,500/mo
HOA$173/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-17
Removed date
MLSMiamiMLS #A12071287
Coordinates25.90787, -80.35646
Address9400 W 35th Ln
CityHialeah
StateFL
Zip33018
Listing ID6581540526
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$939,000
Down payment (20.0%)$187,800
Loan amount$751,200
Closing costs (5.0%)$46,950
Total cash to close$234,750
Rent (comp-derived)$5,500$66,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$66,000
Vacancy rate (assumption) assumption8.0%

$66,000 × 8.0% = $5,280

Effective gross income$5,060$60,720
Property tax (placeholder 1.9% of price)$1,487$17,841
Insurance (placeholder 0.8% of price)$626$7,512
HOA dues$173$2,076
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$275$3,300
Total operating expenses$2,561$30,729
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$60,720
Total operating expenses derived$30,729

$60,720 − $30,729 = $29,991

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$751,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$751,200 amortized at 6.7% over 30 years = $4,827/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$29,991
Annual debt service derived$57,929
Annual CapEx reserve assumption$3,300
Annual PMI assumption$0

($29,991 − $57,929 − $3,300 − $0) ÷ 12 = -$2,603

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$29,991
Purchase price data$939,000

$29,991 ÷ $939,000 = 3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$31,238
Total cash to close derived$234,750

-$31,238 ÷ $234,750 = -13.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$29,991
Annual debt service derived$57,929

$29,991 ÷ $57,929 = 0.52

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$66,000
Purchase price data$939,000

($66,000 ÷ 12) ÷ $939,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$939,000
Gross scheduled rent (annual) comp$66,000

$939,000 ÷ $66,000 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$30,729
Effective gross income derived$60,720

$30,729 ÷ $60,720 = 50.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$30,729
Annual debt service derived$57,929
Annual PMI assumption$0
Gross scheduled rent (annual) comp$66,000

($30,729 + $57,929 + $0) ÷ $66,000 = 134.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family552,759$5,1002026-08-07
single_family533,316$6,0002026-08-15
single_family552,909$5,9002026-08-04
single_family532,263$4,200
single_family553,017$5,500

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 →

9260 W 35th Ln

Hialeah, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,316
Listed2026-08-15
Days on market

Asking rent: $6,000

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
10594 W 35th Lnsingle_family552,909$720,0002026-08-27
3416 W 109th Plsingle_family532,263$690,0002026-08-26
9810 NW 137th Stsingle_family553,791$2,025,0002026-08-24
3573 W 93rd Plsingle_family532,808$700,0002026-08-17
8968 NW 180th Tersingle_family553,408$900,0002026-08-14
18172 NW 91st Ctsingle_family572,878$1,315,0002026-08-12
16033 NW 87th Ctsingle_family543,050$1,200,0002026-07-24
15450 NW 88th Avesingle_family543,135$1,245,0002026-07-16
9898 NW 133rd Stsingle_family553,914$2,100,0002026-07-10
15722 NW 88th Avesingle_family533,050$1,390,0002026-06-01
3521 W 92nd Plsingle_family533,316$805,0002026-05-29
3542 W 93rd Plsingle_family532,808$770,0002026-05-08
3522 W 86th Tersingle_family553,084$850,0002026-04-24
8752 NW 157th Tersingle_family533,050$990,0002026-04-22
10966 W 35th Waysingle_family532,263$699,0002026-04-21
9901 NW 130th Stsingle_family534,858$2,108,5002026-04-10
8910 NW 160th Tersingle_family543,014$1,180,0002026-02-14
17933 NW 87th Plsingle_family553,408$1,060,0002026-02-13
8740 NW 153rd Tersingle_family533,087$990,0002026-01-22
8823 NW 155th Tersingle_family533,050$1,350,0002025-12-08
9015 NW 161st Tersingle_family554,147$1,485,0002025-11-26
8854 NW 153rd Tersingle_family532,560$630,0002025-10-28
3218 W 97th Tersingle_family542,433$660,0002025-09-23

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.

AddressTypeBedsBathsSqftAsking priceDays on market
3293 W 98th Plsingle_family532,436$660,000
9121 NW 161st Tersingle_family553,904$1,300,000
10181 NW 131st Stsingle_family554,389$3,850,000
8824 NW 161st Tersingle_family543,050$1,260,000
15455 NW 88th Ctsingle_family543,019$1,080,000
9861 NW 135th Stsingle_family544,463$3,299,999
12401 W Okeechobee Rdmobile54$149,900
8995 NW 161st Tersingle_family543,019$1,450,000

10-year hold projection

IRR1.3%
Equity multiple1.20x
Total return (10yr)$170,321
YearProperty valueNOICash flowLoan balanceEquity
1$967,170$29,991-$31,238$743,055$224,115
2$996,185$31,044-$30,267$734,351$261,834
3$1,026,071$32,133-$29,263$725,050$301,021
4$1,056,853$33,259-$28,224$715,109$341,743
5$1,088,558$34,422-$27,150$704,486$384,072
6$1,121,215$35,624-$26,038$693,134$428,081
7$1,154,852$36,867-$24,889$681,002$473,850
8$1,189,497$38,151-$23,701$668,037$521,461
9$1,225,182$39,478-$22,472$654,181$571,001
10$1,261,937$40,850-$21,201$639,374$622,564
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.