ZIP CODE 33012 // MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL // DATA AS OF 2026-09-30
Hialeah, FL (33012) Rental Property Cap Rate & Cash Flow Report
Located in Miami-Dade County (Hialeah, FL), Zip Code 33012 ranks #80 of 500 within this selected sample (84th percentile) with a Zillow ZHVI typical home-value index of $385,957 (-0.4% YoY) and a ZORI observed market rent of $2,212/mo (+0.6% YoY). Requires at least 38.1% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$442/mo
Annual: -$5,305/yr
Modeled Cap Rate
4.69%
NOI: $18,114/yr
Cash-on-Cash Return
-5.98%
Cash Needed: $88,770
1% Rule Ratio
0.57%
Gross Yield: 6.88%
Break-Even Rent
$2,720/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 33012 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,952/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$702/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (33012)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $341,690 | $2,070/mo | 7.27% |
| 2023 | $376,226 | $2,149/mo | 6.85% |
| 2024 | $402,637 | $2,178/mo | 6.49% |
| 2025 | $387,385 | $2,197/mo | 6.81% |
| 2026 | $385,957 | $2,212/mo | 6.88% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 33015 Hialeah, FL | $398,161 | $2,291/mo | 4.72% | -$448/mo |
| 33578 Riverview, FL | $334,713 | $1,937/mo | 4.75% | -$367/mo |
| 33032 Homestead, FL | $455,555 | $2,580/mo | 4.62% | -$549/mo |
| 32246 Jacksonville, FL | $313,935 | $1,750/mo | 4.53% | -$402/mo |
| 33027 Miramar, FL | $470,967 | $2,777/mo | 4.87% | -$472/mo |
| 33033 Homestead, FL | $435,038 | $2,595/mo | 4.94% | -$410/mo |