236 E 56th St
Hialeah, FL 33013 · single_family · For Sale · 175 days on market
Asking price$1,250,000
8 beds 7 baths 4,272 sqft
Listed by Jorge Zea · Blue Lighthouse Realty
Typesingle_family
Built1955
Price / sqft$293
Est. value (own analysis)$1,568,125
Rent estimate (Zillow ZIP avg)$2,554/mo
HOANone
1 / 8
Show every detail
Statusfor_sale
Listed date2026-03-11
Removed date—
MLSBeachesMLS #F10508495
Coordinates25.87313, -80.27813
Address236 E 56th St
CityHialeah
StateFL
Zip33013
Listing ID6931197940
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33013)
Typical home value (ZHVI)$568,867
Typical rent (ZORI)$2,554/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 | $1,250,000 |
| Down payment (20.0%) | $250,000 |
| Loan amount | $1,000,000 |
| Closing costs (5.0%) | $62,500 |
| Total cash to close | $312,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,554$30,653 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,350$28,201 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,979$23,750 |
| Insurance (placeholder 0.8% of price) | $833$10,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $128$1,533 |
| Total operating expenses | $2,940$35,283 |
| 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) | $128$1,533 |
| 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.
No active rental listings cached yet for this bedroom count.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 533 E 23rd St | single_family | 3 | 2 | 1,488 | $495,000 | 2026-09-02 |
| 174 E 41st St | single_family | 4 | 2 | 2,024 | $600,000 | 2026-08-31 |
| 571 E 60th St | single_family | 3 | 2 | 960 | $550,000 | 2026-08-27 |
| 690 E 46th St | single_family | 2 | 1 | 720 | $495,000 | 2026-08-27 |
| 521 E 33rd St | single_family | 2 | 1 | 810 | $549,900 | 2026-08-26 |
| 5340 E 4th Ave | single_family | 3 | 2 | 1,240 | $525,000 | 2026-08-19 |
| 6324 E 6th Ave | single_family | 3 | 2 | 1,307 | $630,000 | 2026-08-18 |
| 508 E 40th St | single_family | 3 | 2 | 1,312 | $535,000 | 2026-08-13 |
| 20 E 52nd Pl | single_family | 5 | 4 | 1,982 | $640,000 | 2026-08-12 |
| 832 E 20th St | single_family | 4 | 2 | 1,502 | $464,000 | 2026-08-06 |
| 671 E 53rd St | single_family | 3 | 2 | 1,753 | $600,000 | 2026-08-04 |
| 415 E 52nd St | single_family | 3 | 1 | 1,002 | $378,000 | 2026-07-31 |
| 161 E 36th St | single_family | 3 | 2 | 1,040 | $545,000 | 2026-07-28 |
| 252 E 37th St | single_family | 4 | 3 | 1,845 | $650,000 | 2026-07-24 |
| 434 E 21st St | single_family | 3 | 2 | 2,156 | $700,000 | 2026-07-23 |
| 30 E 59th St | single_family | 3 | 2 | 1,803 | $660,000 | 2026-07-22 |
| 4925 E 9th Ct | single_family | 2 | 1 | 1,875 | $560,000 | 2026-07-22 |
| 1051 E 18th St | single_family | 5 | 4 | 1,780 | $525,000 | 2026-07-20 |
| 300 E 43rd St | single_family | 3 | 2 | 1,750 | $577,600 | 2026-07-14 |
| 515 E 21st St | single_family | 1 | 1 | 604 | $276,000 | 2026-07-10 |
| 691 E 62nd St | single_family | 4 | 3 | 1,739 | $640,000 | 2026-07-10 |
| 251 E 49th St | single_family | 3 | 1 | 1,213 | $500,000 | 2026-07-09 |
| 4997 E 9th Ln | single_family | 3 | 2 | 1,985 | $425,000 | 2026-07-08 |
| 3320 E 10th Ave | single_family | 3 | 1 | 936 | $465,000 | 2026-07-08 |
| 201 E 44th St | single_family | 6 | 3 | 2,441 | $699,000 | 2026-07-07 |
| 341 E 58th St | single_family | 4 | 3 | 2,053 | $735,000 | 2026-07-07 |
| 6230 E 2nd Ave | single_family | 4 | 3 | 1,808 | $630,000 | 2026-07-02 |
| 729 E 23rd St | single_family | 3 | 2 | 1,204 | $625,000 | 2026-06-30 |
| 116 E 59th St | single_family | 3 | 2 | — | $600,000 | 2026-06-29 |
| 3600 E 5th Ave | single_family | 5 | 3 | 1,913 | $655,000 | 2026-06-29 |
| 4795 E 8th Ct | single_family | 2 | 1 | 1,537 | $415,000 | 2026-06-26 |
| 636 E 42nd St | single_family | 5 | 3 | 2,389 | $460,000 | 2026-06-25 |
| 598 E 41st St | single_family | 6 | 4 | 2,152 | $730,000 | 2026-06-22 |
| 4318 E 8th Ct | single_family | 3 | 1 | 1,468 | $350,000 | 2026-06-19 |
| 4347 E 9th Ct | single_family | 3 | 2 | 1,000 | $500,000 | 2026-06-16 |
| 721 E 29th St | single_family | 3 | 2 | 1,656 | $420,000 | 2026-06-16 |
| 175 E 45th St | single_family | 6 | 4 | 2,268 | $670,000 | 2026-06-11 |
| 381 E 61st St | single_family | 3 | 2 | 1,486 | $555,000 | 2026-06-10 |
| 4485 E 8th Ave | single_family | 3 | 1 | 1,403 | $515,000 | 2026-06-09 |
| 380 E 56th St | single_family | 2 | 1 | 1,131 | $515,000 | 2026-06-09 |
| 775 E 31st St | single_family | 3 | 1 | 1,150 | $600,000 | 2026-06-05 |
| 61 E 39th St | single_family | 3 | 1 | 1,258 | $400,000 | 2026-06-01 |
| 490 E 45th St | single_family | 6 | 4 | 2,396 | $650,000 | 2026-05-29 |
| 26 E 45th St | single_family | 2 | 1 | 1,462 | $600,000 | 2026-05-27 |
| 667 E 20th St | single_family | 3 | 1 | 1,287 | $540,000 | 2026-05-26 |
| 661 E 30th St | single_family | 3 | 1 | 1,430 | $580,000 | 2026-05-26 |
| 141 E 52nd Pl | single_family | 3 | 1 | 1,000 | $585,000 | 2026-05-26 |
| 670 E 45th St | single_family | 5 | 2 | 1,614 | $596,000 | 2026-05-22 |
| 120 E 44th St | single_family | 4 | 2 | 1,844 | $715,000 | 2026-05-22 |
| 5190 E 8th Ln | single_family | 3 | 1 | 1,008 | $455,000 | 2026-05-22 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 955 W 23rd St | multi_family | 8 | 4 | 3,544 | $1,250,000 | — |
| 952 E 19th St | multi_family | 8 | 5 | 3,248 | $995,000 | — |
| 36 W 37th St | multi_family | 8 | 5 | 3,030 | $1,100,000 | — |
10-year hold projection
IRR-8.4%
Equity multiple-0.42x
Total return (10yr)-$281,556
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,287,500 | -$7,082 | -$85,730 | $989,158 | $298,342 |
| 2 | $1,326,125 | -$7,118 | -$85,804 | $977,571 | $348,554 |
| 3 | $1,365,909 | -$7,150 | -$85,876 | $965,189 | $400,720 |
| 4 | $1,406,886 | -$7,180 | -$85,945 | $951,956 | $454,930 |
| 5 | $1,449,093 | -$7,205 | -$86,012 | $937,814 | $511,278 |
| 6 | $1,492,565 | -$7,226 | -$86,076 | $922,702 | $569,864 |
| 7 | $1,537,342 | -$7,244 | -$86,136 | $906,551 | $630,791 |
| 8 | $1,583,463 | -$7,256 | -$86,193 | $889,292 | $694,171 |
| 9 | $1,630,966 | -$7,264 | -$86,247 | $870,847 | $760,119 |
| 10 | $1,679,895 | -$7,267 | -$86,297 | $851,136 | $828,760 |
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.