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Condominium
$545,000$330 / sqft
Hialeah, FL, 33018
Listed
3
Bedrooms
3
Bathrooms
1,650 sqft
Interior
2021
Year built
$236 / mo
HOA
Condominium
Type
About this home
ATTENTION INVESTORS — INCOME-PRODUCING PROPERTY IN HIALEAH! - SELLER MOTIVATED! 3424 W 113th St, Hialeah, FL 33018 Looking for a turnkey investment with a tenant already in place? This well-maintained 3-bedroom, 2.5-bathroom townhome built in 2021 is currently rented to a long-term tenant paying $3,000/month ($36,000 annually). - Current Rental Income: $3,000/month - Annual Gross Rental Income: $36,000 - HOA: Only $236/month - 2025 Property Taxes: Approximately $11,548/year - 2021 Construction - 1,650 SF The combination of strong rental income, relatively low HOA expenses, newer construction and an existing tenant makes this an opportunity worth reviewing for investors looking for a stabilized rental property in Hialeah. Cash offers, Conventional financing with 25% down, may be considered. Serious investors only. Property will be shown upon acceptance of an offer. Submit your offer today.
Features
- First Floor Entry
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Estimated loan & HOA
$2,992
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,756
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.