350 E 58th St · Hialeah, FL 33013

$434,900

4 bd · 3.0 ba · 1,891 sqft · SingleFamily public records · 2 Days on market

Built 1949 7,920 sqft lot Est $599k · 27% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.9/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +6.0/10.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Multiple offers! Highest and best by 9pm Sunday 3/29. Spacious and versatile home in the heart of Hialeah! This 4 bed, 4 bath property offers 1,891 sqft of living space with tile flooring throughout for easy maintenance. The kitchen features stainless steel appliances, and the layout provides flexibility for multi-generational living or rental potential. Enjoy a fully fenced yard—perfect for pets, entertaining, or added privacy. Whether you're a first-time homebuyer or investor, this property checks all the boxes with strong value and income potential. Conveniently located near shopping, dining, schools, and major highways for easy commuting.

Key facts

• Rental potential
• Tile flooring
• Fully fenced yard

Tags

• FULLY FENCED YARD
• STAINLESS STEEL APPLIANCES
• TILE FLOORING
• MULTI-GENERATIONAL LIVING
• RENTAL POTENTIAL
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $435k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $435k).
• Cap rate 8.0% vs local median 3.5% in Hialeah — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#288 in FL, #4,774 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+; Watch: amenities F, employment D-.
• Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Palm Springs Elementary School (math 39% / reading 52%, grade D-, #1,247 of 2,144 statewide, top 59%, 559 students, 58% FRL); Hialeah Middle School (math 30% / reading 42%, grade F, #410 of 571 statewide, top 72%, 878 students, 68% FRL); Hialeah Senior High School (math 16% / reading 37%, grade F, #489 of 667 statewide, top 74%, 1,732 students, 67% FRL) — zoned schools at 65% FRL track the district average.
• Zoned-school proficiency averages 36% at this address vs 50% district-wide (-14 pts) — the specific schools serving this property underperform the Miami-Dade average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.1%/yr); 111 active listings in the ZIP; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
• At $4,803/mo this rent would consume 95% of the median local household income ($61k/yr) (locally 1352% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $434,900

Questions for the listing agent

1. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.10% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.93%
• DSCR: 1.26
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $599,447
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
350 E 58th St	0.00mi	4/3.0	1,891 (0%)	1mo	$600,000	$317	99
5420 E 8th Ave	0.57mi	4/4.0	1,886 (-0%)	16mo	$575,000	$305	56
15 W 55th St	0.50mi	5/2.5 (+1)	1,950 (+3%)	12mo	$750,000	$385	55
5750 E 3rd Ave	0.08mi	4/2.5	1,618 (-14%)	21mo	$570,000	$352	53
4660 E 4th Ave	0.69mi	5/3.0 (+1)	1,720 (-9%)	5mo	$430,000	$250	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.7%
• Equity multiple: 0.62×
• Total profit: $-46,046
• Equity at exit: $64,845

10-year hold

• IRR: -6.6%
• Equity multiple: 0.64×
• Total profit: $-44,394
• Equity at exit: $37,602

Cash invested: $121,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33013

• Rents YoY: -0.1%
• Active inventory: 111
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $4,803 medium
• Mortgage (P&I): −$2,281
• Tax from tax record: −$731 /mo · $8,771/yr
• Insurance: −$181
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,009
• Net cashflow: $602

Break-even live

Break-even rent $4,042

Max offer price $434,900

Occupancy floor 82%

Sensitivity live

Price	-10% $848	-5% $725	+0% $602	+5% $478	+10% $355
Rent	-10% $222	-5% $412	+0% $602	+5% $791	+10% $981
Rate	-1.0pp $821	-0.5pp $712	base $602	+0.5pp $489	+1.0pp $374

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $108,725
• Closing costs: $13,047
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-05-14
   soldstatus $600,000 Closed 657-char remark

   Show marketing remark (657 chars)

   Multiple offers! Highest and best by 9pm Sunday 3/29. Spacious and versatile home in the heart of Hialeah! This 4 bed, 4 bath property offers 1,891 sqft of living space with tile flooring throughout for easy maintenance. The kitchen features stainless steel appliances, and the layout provides flexibility for multi-generational living or rental potential. Enjoy a fully fenced yard—perfect for pets, entertaining, or added privacy. Whether you're a first-time homebuyer or investor, this property checks all the boxes with strong value and income potential. Conveniently located near shopping, dining, schools, and major highways for easy commuting.

2. 2026-03-30
   status Pending 657-char remark

   Show marketing remark (657 chars)

   Multiple offers! Highest and best by 9pm Sunday 3/29. Spacious and versatile home in the heart of Hialeah! This 4 bed, 4 bath property offers 1,891 sqft of living space with tile flooring throughout for easy maintenance. The kitchen features stainless steel appliances, and the layout provides flexibility for multi-generational living or rental potential. Enjoy a fully fenced yard—perfect for pets, entertaining, or added privacy. Whether you're a first-time homebuyer or investor, this property checks all the boxes with strong value and income potential. Conveniently located near shopping, dining, schools, and major highways for easy commuting.

3. 2026-03-30
   status Pending

   Show marketing remark (657 chars)

   Multiple offers! Highest and best by 9pm Sunday 3/29. Spacious and versatile home in the heart of Hialeah! This 4 bed, 4 bath property offers 1,891 sqft of living space with tile flooring throughout for easy maintenance. The kitchen features stainless steel appliances, and the layout provides flexibility for multi-generational living or rental potential. Enjoy a fully fenced yard—perfect for pets, entertaining, or added privacy. Whether you're a first-time homebuyer or investor, this property checks all the boxes with strong value and income potential. Conveniently located near shopping, dining, schools, and major highways for easy commuting.

4. 2026-03-28
   listed $434,900 Active
5. 2026-03-27
   listed $434,900 Active 657-char remark

   Show marketing remark (657 chars)

   Multiple offers! Highest and best by 9pm Sunday 3/29. Spacious and versatile home in the heart of Hialeah! This 4 bed, 4 bath property offers 1,891 sqft of living space with tile flooring throughout for easy maintenance. The kitchen features stainless steel appliances, and the layout provides flexibility for multi-generational living or rental potential. Enjoy a fully fenced yard—perfect for pets, entertaining, or added privacy. Whether you're a first-time homebuyer or investor, this property checks all the boxes with strong value and income potential. Conveniently located near shopping, dining, schools, and major highways for easy commuting.

6. 2005-07-27
   soldstatus $300,000
7. 1991-10-09
   soldstatus $47,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $8,771 · $731/mo
• Projected year-2 tax: $8,771 · $731/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $57,636
• − Mortgage interest: −$24,361
• − Property taxes: −$8,771
• − Insurance: −$2,174
• − Repairs & maintenance: −$4,611
• − Management: −$4,611
• − Depreciation: −$12,652
• Taxable income: $456
• Est. tax owed @ 24.0%: −$109
• After-tax cash flow: $7,110/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Miami-Dade
• NCES district ID: 1200390
• Math proficiency: 45% ▼ -16.00%
• Reading proficiency: 54% ▼ -5.00%
• Median HH income: $43,928
• Composite: 41.76/100
• National rank: #3397
• State rank: #40 of 73 in FL

Livability — Hialeah

• Score: 74/100
• State rank: #288
• US rank: #4774

Category grades

Amenities F Commute A+ Cost of living B- Crime C Employment D- Housing B- Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hialeah, FL
• County: Miami-Dade County · 2,697,751 people
• City population: 315,776
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 30,695
• Household income: $60,658
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 1352.0

Population outlook (Miami-Dade County) Hauer SSP2

• Today (2025): 3,126,439 people
• By 2030: 3,325,765 · +6.4%
• By 2040: 3,697,561 · +18.3%
• By 2050: 4,012,134 · +28.3%
• By 2075: 4,605,612 · +47.3%
• By 2100: 4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (94%)
• Race & ethnicity: Hispanic / Latino 94% Two or more races 56% White 5%
• Hispanic origin (detail): Puerto Rican 1% Cuban 82%
• Foreign-born: 74% · Canada, Jamaica
• Languages at home: 9% English-only · Spanish 90%

Political lean MEDSL · Miami-Dade

• 2024 margin: R (+11.4) · D 43.9% · R 55.4%
• 2008→2024 swing: -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
• All cycles: 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -664.57%
• Current HPI: 429.3973
• Rent YoY: ▼ -0.13%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1163.2% since first listed

7 events — show timeline

• 2026-05-14 Sold (MLS) $600,000 MARMLS
• 2026-03-30 Pending — MARMLS
• 2026-03-30 Pending — Beaches MLS
• 2026-03-28 Listed $434,900 Beaches MLS
• 2026-03-27 Listed $434,900 MARMLS
• 2005-07-27 Sold (Public Records) $300,000 Public Records
• 1991-10-09 Sold (Public Records) $47,500 Public Records

Property tax history

+8.9%/yr

Latest (2025): $8,771 · +6.4% YoY. Source: county tax records.