210 E 10th St

Hialeah, FL 33010 · multi_family · For Sale · 30 days on market
Asking price$699,000
4 beds 2 baths 1,850 sqft
Suggested offer$536,631$162,369 above the est. market value of $536,631.
View on Realtor.com →
Listed by Charlie Leonard · The Leonard Real Estate Group
Typemulti_family
Built1968
Price / sqft$378
Est. value (Zillow ZIP avg)$536,631
Rent estimate (building total, own analysis)$4,625/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-03
Removed date
MLSMiamiMLS #A12064146
Coordinates25.83063, -80.27728
Address210 E 10th St
CityHialeah
StateFL
Zip33010
Listing ID9544908441
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33010)

Typical home value (ZHVI)$536,631
Typical rent (ZORI)$2,166/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$699,000
Down payment (20.0%)$139,800
Loan amount$559,200
Closing costs (5.0%)$34,950
Total cash to close$174,750
Rent (estimate)$4,625$55,500
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$55,500
Vacancy rate (assumption) assumption8.0%

$55,500 × 8.0% = $4,440

Effective gross income$4,255$51,060
Property tax (placeholder 1.9% of price)$1,107$13,281
Insurance (est. scaled by flood & wind risk)$746$8,947
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$231$2,775
Total operating expenses$2,084$25,003
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$51,060
Total operating expenses derived$25,003

$51,060 − $25,003 = $26,057

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$559,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$559,200 amortized at 6.7% over 30 years = $3,594/mo

CapEx reserve (5.0% of GSR)$231$2,775
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$26,057
Annual debt service derived$43,123
Annual CapEx reserve assumption$2,775
Annual PMI assumption$0

($26,057 − $43,123 − $2,775 − $0) ÷ 12 = -$1,653

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,057
Purchase price data$699,000

$26,057 ÷ $699,000 = 3.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$19,841
Total cash to close derived$174,750

-$19,841 ÷ $174,750 = -11.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,057
Annual debt service derived$43,123

$26,057 ÷ $43,123 = 0.60

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$55,500
Purchase price data$699,000

($55,500 ÷ 12) ÷ $699,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$699,000
Gross scheduled rent (annual) comp$55,500

$699,000 ÷ $55,500 = 12.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,003
Effective gross income derived$51,060

$25,003 ÷ $51,060 = 49.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,003
Annual debt service derived$43,123
Annual PMI assumption$0
Gross scheduled rent (annual) comp$55,500

($25,003 + $43,123 + $0) ÷ $55,500 = 122.7%

Comparables

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

No active rental listings cached yet for this bedroom count.

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.

No recent recorded sales cached yet for this ZIP.

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
334 E 11th Stsingle_family431,558$570,000
861 NE 1st Plsingle_family441,766$650,000
59 E 10th Stmulti_family421,512$769,000
820 E 10th Avesingle_family42936$675,000
419 SE 3rd Stsingle_family431,651$647,000
760 W 23rd Stsingle_family432,097$825,000
2330 W 6th Ctsingle_family431,307$725,000
674 W 23rd Stsingle_family422,091$619,000

10-year hold projection

IRR2.7%
Equity multiple1.43x
Total return (10yr)$166,550
YearProperty valueNOICash flowLoan balanceEquity
1$719,970$26,057-$19,841$553,137$166,833
2$741,569$26,964-$19,004$546,658$194,911
3$763,816$27,901-$18,138$539,733$224,083
4$786,731$28,869-$17,242$532,334$254,397
5$810,333$29,870-$16,316$524,426$285,907
6$834,643$30,904-$15,359$515,975$318,668
7$859,682$31,972-$14,369$506,943$352,738
8$885,472$33,076-$13,345$497,292$388,180
9$912,036$34,217-$12,287$486,978$425,059
10$939,398$35,396-$11,192$475,955$463,442
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.