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
$240,000
Down payment (20.0%)
$48,000
Loan amount
$192,000
Closing costs (5.0%)
$12,000
Total cash to close
$60,000
Income
Rent (comp-derived)
$2,300$27,600
Vacancy loss (8.0%)
Effective gross income
$2,116$25,392
Operating expenses
Property tax (placeholder 1.9% of price)
$380$4,560
Insurance (placeholder 0.8% of price)
$160$1,920
HOA dues
$373$4,476
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$115$1,380
Total operating expenses
$1,028$12,336
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)
$115$1,380
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
condos
2
2
900
$2,300
2026-05-19
—
apartment
2
2
1,106
$2,500
2024-12-19
—
condos
2
2
904
$2,500
2026-08-28
—
condos
2
2
1,004
$2,100
2026-04-02
—
condos
2
2
925
$2,000
2026-04-28
—
condos
2
1
735
$1,850
2026-07-08
—
condos
2
2
939
$1,980
2026-04-17
—
apartment
2
2
925
$1,950
2026-06-02
—
condos
2
2
991
$2,500
2026-08-20
—
condos
2
2
904
$2,500
2026-07-31
—
condos
2
2
900
$2,325
2026-08-27
—
condos
2
1
660
$2,200
2026-08-26
—
condos
2
2
960
$1,900
2026-08-25
—
condos
2
2
908
$1,800
2026-05-27
—
condos
2
2
870
$2,200
2026-07-27
—
apartment
2
2
1,130
$2,400
2026-07-20
—
apartment
2
2
968
$2,200
2026-07-27
—
condos
2
2
883
$2,200
2026-08-05
—
condos
2
3
1,030
$2,150
2026-06-24
—
condos
2
2
925
$2,100
2026-06-12
—
condos
2
2
970
$1,850
2026-08-23
—
condos
2
2
908
$2,100
2026-08-24
—
condos
2
2
1,089
$2,650
2026-08-04
—
condos
2
2
1,077
$2,100
2026-04-01
—
apartment
2
2
900
$2,400
2026-08-05
—
apartment
2
2
1,041
$2,350
2026-06-17
—
condos
2
2
925
$1,995
2026-04-30
—
condos
2
2
932
$2,550
2026-04-15
—
condos
2
2
1,106
$2,275
2026-05-07
—
condos
2
2
908
$1,950
2026-07-16
—
condos
2
2
870
$1,900
2026-05-13
—
condos
2
3
1,030
$2,250
2026-06-19
—
condos
2
2
1,106
$2,300
2026-04-17
—
condos
2
2
900
$2,200
2026-06-08
—
condos
2
2
1,032
$2,850
2026-08-22
—
condos
2
3
1,250
$2,600
2026-07-27
—
condos
2
2
990
$2,800
2026-08-07
—
condos
2
2
939
$2,000
2026-08-19
—
apartment
2
2
967
$2,200
2026-06-19
—
condos
2
2
900
$2,350
2026-05-18
—
condos
2
2
870
$2,400
2026-05-01
—
condos
2
2
1,004
$2,300
2026-06-11
—
condos
2
1
980
$1,950
2026-07-02
—
condos
2
2
925
$1,950
2026-07-10
—
condos
2
2
967
$2,250
2026-08-04
—
apartment
2
2
968
$2,200
2026-07-27
—
condos
2
2
1,100
$2,100
2026-08-11
—
condos
2
2
960
$2,000
2026-08-11
—
condos
2
2
1,020
$2,450
2026-08-06
—
apartment
2
2
883
$2,200
2026-08-03
—
apartment
2
2
1,004
$2,200
2026-08-07
—
condos
2
1
1,035
$2,200
2026-07-14
—
condos
2
3
1,095
$2,250
2026-07-29
—
condos
2
2
980
$2,200
2026-07-15
—
apartment
2
2
1,008
$2,559
2026-08-07
—
apartment
2
2
925
$2,000
2026-04-15
—
condos
2
2
939
$1,945
2026-06-04
—
condos
2
2
1,106
$2,500
2026-07-03
—
condos
2
2
960
$2,350
2026-07-28
—
condos
2
2
967
$2,300
2026-07-08
—
condos
2
2
967
$2,300
2026-08-06
—
condos
2
2
1,018
$2,350
2026-08-17
—
condos
2
2
883
$2,100
2026-07-13
—
condos
2
2
980
$2,250
2026-07-13
—
condos
2
2
883
$2,100
2026-07-17
—
condos
2
2
908
$2,100
2026-06-07
—
apartment
2
2
968
$2,200
2026-07-27
—
condos
2
2
870
$2,200
2026-06-23
—
condos
2
1
870
$2,200
2026-08-18
—
condos
2
2
1,100
$2,190
2026-06-30
—
condos
2
1
1,035
$2,100
2026-05-29
—
condos
2
2
960
$1,950
2026-07-05
—
condos
2
2
939
$2,150
2026-04-23
—
condos
2
2
1,060
$2,200
2026-08-10
—
condos
2
2
1,077
$2,400
2026-07-21
—
condos
2
2
974
$2,410
2026-08-15
—
condos
2
1
957
$2,200
2026-07-22
—
condos
2
1
980
$2,050
2026-06-17
—
condos
2
2
950
$2,200
2026-07-13
—
condos
2
2
976
$2,000
2026-08-14
—
condos
2
1
848
$2,200
2026-03-11
—
condos
2
2
950
$2,250
2026-06-17
—
apartment
2
2
968
$2,200
2026-07-27
—
condos
2
2
908
$2,400
2026-07-08
—
condos
2
2
950
$2,400
2026-04-20
—
condos
2
2
967
$2,850
2026-04-05
—
condos
2
3
1,150
$2,450
2026-06-26
—
apartment
2
2
1,008
$2,588
—
—
apartment
2
2
995
$2,471
—
—
apartment
2
2
972
$2,525
—
—
apartment
2
2
1,008
$2,615
—
—
apartment
2
2
1,008
$2,594
—
—
apartment
2
2
995
$2,419
—
—
condos
2
3
1,030
$2,250
2026-05-11
—
apartment
2
2
1,106
$2,300
—
—
apartment
2
2
870
$2,300
—
—
condos
2
2
1,100
$2,300
—
—
apartment
2
2
923
$2,193
—
—
condos
2
2
980
$2,200
—
—
apartment
2
2
923
$2,103
—
—
apartment
2
1
1,200
$2,352
—
—
apartment
2
2
947
$2,473
—
—
apartment
2
2
947
$2,590
—
—
apartment
2
2
972
$2,402
2025-04-25
—
apartment
2
2
1,008
$2,579
—
—
apartment
2
2
923
$2,677
—
—
apartment
2
2
1,050
$2,413
—
—
apartment
2
2
1,011
$2,776
—
—
apartment
2
2
1,017
$2,516
—
—
apartment
2
2
1,103
$2,470
—
—
apartment
2
2
1,017
$2,478
—
—
condos
2
2
974
$2,483
2026-09-01
—
apartment
2
2
972
$2,469
—
—
apartment
2
2
972
$2,460
—
—
apartment
2
2
1,050
$2,378
—
—
apartment
2
1
907
$2,347
—
—
apartment
2
1
907
$2,338
—
—
apartment
2
1
907
$2,347
—
—
apartment
2
2
947
$2,447
—
—
apartment
2
2
1,088
$2,394
—
—
apartment
2
2
1,103
$2,515
—
—
apartment
2
2
1,017
$2,471
—
—
apartment
2
2
1,008
$2,599
2026-09-01
—
apartment
2
2
1,050
$2,312
—
—
apartment
2
2
1,011
$2,546
—
—
apartment
2
2
923
$2,916
—
—
apartment
2
2
1,011
$3,245
—
—
condos
2
3
1,200
$2,550
2025-10-14
—
condos
2
2
967
$2,100
2026-08-14
—
condos
2
2
900
$2,300
2026-07-27
—
apartment
2
2
1,020
$2,400
2026-08-18
—
condos
2
2
900
$2,200
2026-08-27
—
apartment
2
2
1,050
$2,428
—
—
apartment
2
2
1,050
$2,413
—
—
condos
2
2
900
$2,300
2026-08-28
—
apartment
2
2
923
$3,731
—
—
apartment
2
2
923
$3,874
—
—
condos
2
2
1,106
$2,300
2026-08-29
—
apartment
2
2
939
$2,150
2026-08-29
—
condos
2
2
976
$2,190
2026-08-31
—
apartment
2
2
900
$2,300
2026-08-31
—
condos
2
1
1,035
$2,200
2026-09-02
—
condos
2
1
980
$2,000
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.
