7423 NW 182nd St Unit 7423

Hialeah, FL 33015 · townhomes · Pending — under contract · 46 days on market
Asking price$425,000
2 beds 3 baths 1,150 sqft
View on Realtor.com →
Listed by Frank Rodriguez · Miami Metro Realty, Llc
Typetownhomes
Built2007
Price / sqft$370
Est. value (own analysis)$433,562
Rent estimate (own analysis)$2,450/mo
HOA$160/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorWildfire2/10MinorFlood1/10minimal$
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-18
Removed date
MLSMiamiMLS #A12052969
Coordinates25.93865, -80.32218
Address7423 NW 182nd St Unit 7423
CityHialeah
StateFL
Zip33015
Listing ID6654223056
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33015)

Typical home value (ZHVI)$397,440
Typical rent (ZORI)$2,324/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$425,000
Down payment (20.0%)$85,000
Loan amount$340,000
Closing costs (5.0%)$21,250
Total cash to close$106,250
Rent (comp-derived)$2,450$29,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$29,400
Vacancy rate (assumption) assumption8.0%

$29,400 × 8.0% = $2,352

Effective gross income$2,254$27,048
Property tax (placeholder 1.9% of price)$673$8,075
Insurance (est. scaled by flood & wind risk)$425$5,100
HOA dues$160$1,920
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$123$1,470
Total operating expenses$1,380$16,565
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,048
Total operating expenses derived$16,565

$27,048 − $16,565 = $10,483

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$340,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$340,000 amortized at 6.7% over 30 years = $2,185/mo

CapEx reserve (5.0% of GSR)$123$1,470
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$10,483
Annual debt service derived$26,219
Annual CapEx reserve assumption$1,470
Annual PMI assumption$0

($10,483 − $26,219 − $1,470 − $0) ÷ 12 = -$1,434

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,483
Purchase price data$425,000

$10,483 ÷ $425,000 = 2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$17,206
Total cash to close derived$106,250

-$17,206 ÷ $106,250 = -16.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,483
Annual debt service derived$26,219

$10,483 ÷ $26,219 = 0.40

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$29,400
Purchase price data$425,000

($29,400 ÷ 12) ÷ $425,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$425,000
Gross scheduled rent (annual) comp$29,400

$425,000 ÷ $29,400 = 14.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,565
Effective gross income derived$27,048

$16,565 ÷ $27,048 = 61.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,565
Annual debt service derived$26,219
Annual PMI assumption$0
Gross scheduled rent (annual) comp$29,400

($16,565 + $26,219 + $0) ÷ $29,400 = 145.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes22968$2,200
townhomes22968$2,200
townhomes22968$2,200
townhomes22968$2,200
townhomes221,032$2,6002026-08-03
townhomes231,150$2,8002026-08-26
townhomes221,150$2,4002026-08-11
townhomes231,150$2,4002026-08-11
townhomes231,241$2,6502026-08-25
townhomes221,020$2,5002026-08-11
townhomes22991$2,8502026-08-05
townhomes231,350$2,4002026-01-26
townhomes231,350$2,5002025-10-13
townhomes231,316$2,8502026-08-27

18120 NW 59th Ave # 18120

Miami, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage968
Listed
Days on market

Asking rent: $2,200

View on Zillow →

18100 NW 59th 205-205 Ave # 18100

Miami, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage968
Listed
Days on market

Asking rent: $2,200

View on Zillow →

18120 NW 59th 202-202 Ave # 18120

Miami, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage968
Listed
Days on market

Asking rent: $2,200

View on Zillow →

18110 NW 59th 201-201 Ave # 18110

Miami, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage968
Listed
Days on market

Asking rent: $2,200

View on Zillow →

6707 NW 193rd Ln Unit 0

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,032
Listed2026-08-03
Days on market

Asking rent: $2,600

View on Zillow →

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-26
Days on market

Asking rent: $2,800

View on Zillow →

18125 NW 74th Ct Unit 18125

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7427 NW 181st Ter Unit 7427

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,150
Listed2026-08-11
Days on market

Asking rent: $2,400

View on Zillow →

7055 NW 173rd Dr Apt 1503

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,241
Listed2026-08-25
Days on market

Asking rent: $2,650

View on Zillow →

7070 NW 173rd Dr Apt 304

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,020
Listed2026-08-11
Days on market

Asking rent: $2,500

View on Zillow →

6547 NW 170th Ter

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage991
Listed2026-08-05
Days on market

Asking rent: $2,850

View on Zillow →

18520 NW 67th Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2026-01-26
Days on market

Asking rent: $2,400

View on Zillow →

17710 NW 73rd Ave

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,350
Listed2025-10-13
Days on market

Asking rent: $2,500

View on Zillow →

8210 NW 191st Ln Unit 19L

Hialeah, 33015 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,316
Listed2026-08-27
Days on market

Asking rent: $2,850

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
19174 Bobolink Drtownhomes231,600$490,0002026-08-28
6725 NW 188th Tertownhomes221,032$395,0002026-08-21
17914 NW 66th Court Cirtownhomes221,071$430,0002026-08-14
6722 NW 192nd Lntownhomes221,089$375,0002026-08-07
18388 NW 75th Psge Unit 2603townhomes22990$372,0002026-07-28
6704 NW 192nd Tertownhomes221,032$415,0002026-07-17
7332 Bay Hill Drtownhomes221,308$450,0002026-07-06
7452 NW 178th Sttownhomes231,150$435,0002026-06-19
17298 NW 60th Cttownhomes22932$345,0002026-05-26
6723 NW 188th Tertownhomes221,032$410,0002026-05-20
6726 NW 188th Tertownhomes221,089$400,0002026-05-18
6548 NW 170 Ter Unit 6548townhomes22991$369,0002026-05-07
17270 NW 60th Cttownhomes22991$380,0002026-03-31
6551 NW 170th Tertownhomes22991$375,0002026-03-25

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
6272 NW 186th St Apt 106condos22950$259,900
6233 NW 170th Tertownhomes221,582$400,000
17911 NW 68th Ave Apt M201condos221,417$145,000
18101 NW 68th Ave Apt B105condos221,458$170,000
7235 NW 179th St Apt 101condos22883$210,000
18101 NW 68th Ave Apt E105condos221,210$160,000
17901 NW 68th Ave Apt T206condos231,376$210,000
6135 NW 186th St Apt 205condos221,004$289,000

10-year hold projection

IRR-0.7%
Equity multiple0.88x
Total return (10yr)$42,608
YearProperty valueNOICash flowLoan balanceEquity
1$437,750$10,483-$17,206$336,314$101,436
2$450,883$10,880-$16,846$332,374$118,508
3$464,409$11,292-$16,472$328,164$136,245
4$478,341$11,717-$16,085$323,665$154,676
5$492,691$12,158-$15,684$318,857$173,835
6$507,472$12,614-$15,268$313,719$193,754
7$522,696$13,086-$14,838$308,228$214,469
8$538,377$13,575-$14,391$302,359$236,018
9$554,529$14,081-$13,929$296,088$258,440
10$571,164$14,604-$13,451$289,386$281,778
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.