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
$350,000
Down payment (20.0%)
$70,000
Loan amount
$280,000
Closing costs (5.0%)
$17,500
Total cash to close
$87,500
Income
Rent (comp-derived)
$1,800$21,600
Vacancy loss (8.0%)
Effective gross income
$1,656$19,872
Operating expenses
Property tax (placeholder 1.9% of price)
$554$6,650
Insurance (est. scaled by flood & wind risk)
$513$6,160
HOA dues
$716$8,592
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$90$1,080
Total operating expenses
$1,874$22,482
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)
$90$1,080
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.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
apartment
0
1
400
$1,615
2025-03-22
—
apartment
0
1
394
$2,334
2024-06-11
—
apartment
0
1
400
$1,805
2025-12-19
—
condos
0
1
435
$1,600
2026-05-28
—
apartment
0
1
400
$1,500
2026-08-18
—
condos
0
1
434
$1,500
2026-07-24
—
apartment
0
1
450
$1,475
2026-07-21
—
apartment
0
1
452
$1,500
2026-07-15
—
condos
0
1
472
$1,650
2026-07-30
—
apartment
0
1
450
$1,500
2026-08-18
—
apartment
0
1
465
$1,661
2026-08-05
—
condos
0
1
400
$1,650
2026-07-27
—
apartment
0
1
435
$1,600
2026-08-15
—
apartment
0
1
405
$1,600
2026-07-24
—
condos
0
1
370
$1,690
2026-08-19
—
condos
0
1
470
$2,100
2026-08-22
—
apartment
0
1
440
$2,000
2026-08-26
—
condos
0
1
370
$1,750
2026-05-01
—
condos
0
1
394
$1,700
2026-08-23
—
apartment
0
1
477
$1,700
2026-07-09
—
condos
0
1
461
$3,000
2026-08-17
—
condos
0
1
420
$2,000
2026-07-29
—
apartment
0
1
450
$1,700
2026-07-24
—
condos
0
1
364
$1,800
2026-05-08
—
apartment
0
1
477
$1,800
2026-08-21
—
condos
0
1
325
$1,600
2026-05-13
—
condos
0
1
494
$1,900
2026-07-15
—
apartment
0
1
495
$1,650
2026-05-19
—
apartment
0
1
440
$1,650
2026-08-04
—
condos
0
1
400
$2,000
2026-07-14
—
condos
0
1
370
$1,800
2026-05-05
—
condos
0
1
497
$2,000
2026-08-13
—
condos
0
1
370
$1,800
2026-07-09
—
condos
0
1
300
$2,300
2026-07-30
—
apartment
0
1
447
$1,650
2026-03-03
—
condos
0
1
420
$1,700
2026-08-10
—
condos
0
1
380
$1,700
2026-06-05
—
apartment
0
1
430
$1,650
2026-08-12
—
apartment
0
1
400
$1,650
2026-07-27
—
condos
0
1
400
$2,000
2026-06-25
—
apartment
0
1
400
$1,700
2026-07-27
—
apartment
0
1
400
$1,500
2026-08-14
—
condos
0
1
420
$1,850
2026-08-10
—
condos
0
1
400
$1,750
2026-08-17
—
apartment
0
1
495
$1,800
2026-07-29
—
apartment
0
1
450
$1,900
2026-08-20
—
apartment
0
1
400
$2,200
2026-08-13
—
condos
0
1
456
$1,800
2026-08-11
—
condos
0
1
370
$1,800
2026-07-31
—
condos
0
1
423
$1,900
2026-07-31
—
condos
0
1
407
$1,750
2026-06-10
—
condos
0
1
390
$2,500
2026-06-27
—
condos
0
1
372
$1,800
2026-06-02
—
apartment
0
1
320
$1,800
2026-05-14
—
condos
0
1
420
$1,800
2026-05-31
—
condos
0
1
492
$2,000
2026-04-25
—
apartment
0
1
400
$1,650
2026-08-13
—
condos
0
1
380
$1,650
2026-07-20
—
condos
0
1
438
$1,700
2026-07-07
—
condos
0
1
407
$2,975
2026-07-29
—
condos
0
1
376
$1,800
2026-08-04
—
condos
0
1
302
$1,999
2026-04-23
—
condos
0
1
485
$2,500
2026-06-17
—
condos
0
1
413
$1,800
2026-04-30
—
condos
0
1
496
$2,300
2026-05-01
—
apartment
0
1
450
$1,890
2026-05-23
—
condos
0
1
364
$1,800
2026-07-07
—
condos
0
1
370
$1,850
2026-08-11
—
condos
0
1
485
$2,075
2026-07-29
—
apartment
0
1
450
$1,750
2026-04-22
—
condos
0
1
446
$1,750
2026-08-12
—
apartment
0
1
482
$2,000
2026-08-04
—
condos
0
1
440
$1,600
2026-05-11
—
condos
0
1
390
$1,895
2026-06-22
—
apartment
0
1
425
$2,200
2026-08-13
—
apartment
0
1
497
$1,990
2026-01-16
—
condos
0
1
455
$1,700
2026-07-06
—
condos
0
1
439
$1,800
2026-07-21
—
condos
0
1
439
$1,900
2026-07-08
—
condos
0
1
380
$2,000
2026-04-07
—
apartment
0
1
475
$1,750
2026-05-11
—
condos
0
1
414
$1,650
2026-08-18
—
condos
0
1
450
$1,750
2026-07-14
—
condos
0
1
440
$1,900
2026-06-06
—
condos
0
1
450
$1,800
2026-04-23
—
condos
0
1
400
$1,800
2026-06-06
—
apartment
0
1
400
$2,000
2026-02-27
—
condos
0
1
367
$2,350
2026-05-26
—
condos
0
1
430
$2,650
2026-06-09
—
condos
0
1
496
$2,800
2026-07-18
—
condos
0
1
485
$4,500
2026-01-11
—
condos
0
1
450
$5,000
2026-07-14
—
apartment
0
1
420
$1,950
—
—
apartment
0
1
434
$1,595
2026-07-08
—
apartment
0
1
410
$1,849
2026-08-07
—
apartment
0
1
420
$1,825
2026-05-28
—
apartment
0
1
410
$1,950
2026-08-07
—
apartment
0
1
431
—
2025-03-06
—
apartment
0
1
400
$1,840
—
—
apartment
0
1
440
$2,139
—
—
apartment
0
1
440
$2,080
—
—
apartment
0
1
350
$1,600
2026-01-14
—
apartment
0
1
350
$1,500
2026-07-08
—
apartment
0
1
450
$1,600
2025-11-06
—
condos
0
1
400
$2,400
2026-07-08
—
apartment
0
—
350
$1,500
2026-07-08
—
condos
0
1
428
$2,000
2026-08-28
—
condos
0
1
420
$1,700
2026-08-29
—
condos
0
1
475
$1,600
2026-08-29
—
condos
0
1
418
$1,750
2026-08-31
—
apartment
0
1
455
$1,800
2026-08-31
—
condos
0
1
466
$2,075
2026-08-31
—
condos
0
1
485
$2,075
2026-08-31
—
condos
0
1
485
$2,075
2026-08-31
—
apartment
0
1
408
$2,100
2026-09-01
—
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.
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.
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.
