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
$319,000
Down payment (20.0%)
$63,800
Loan amount
$255,200
Closing costs (5.0%)
$15,950
Total cash to close
$79,750
Income
Rent (comp-derived)
$2,817$33,798
Vacancy loss (8.0%)
Effective gross income
$2,591$31,094
Operating expenses
Property tax (placeholder 1.9% of price)
$505$6,061
Insurance (est. scaled by flood & wind risk)
$319$3,828
HOA dues
$950$11,400
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$141$1,690
Total operating expenses
$1,915$22,979
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)
$141$1,690
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
1
1
500
$1,600
2026-08-10
—
condos
1
1
500
$1,750
2026-07-24
—
apartment
1
1
700
$1,200
2026-07-09
—
condos
1
1
653
$2,100
2026-06-17
—
apartment
1
1
700
$1,695
2025-01-03
—
apartment
1
1
650
$2,275
2026-08-04
—
condos
1
1
540
$1,800
2026-08-02
—
apartment
1
1
775
$2,923
—
—
apartment
1
1
735
$3,255
—
—
apartment
1
1
782
$3,585
—
—
apartment
1
1
760
$3,335
—
—
apartment
1
1
729
$3,435
—
—
apartment
1
1
729
$3,445
—
—
apartment
1
1
775
$2,833
2025-10-22
—
apartment
1
1
729
$3,400
2025-12-05
—
apartment
1
1
890
$2,990
2026-07-07
—
apartment
1
1
705
$1,850
2026-08-12
—
apartment
1
1
850
$2,300
2026-08-03
—
apartment
1
1
610
$1,750
2026-08-07
—
apartment
1
1
850
$2,150
2026-08-11
—
condos
1
1
617
$2,100
2026-08-03
—
condos
1
1
762
$2,190
2026-06-27
—
apartment
1
1
700
$2,100
2026-08-17
—
apartment
1
1
680
$2,750
2026-08-24
—
apartment
1
1
650
$1,950
2026-07-28
—
apartment
1
1
560
$1,999
2026-05-05
—
condos
1
1
735
$2,300
2026-07-01
—
apartment
1
1
765
$1,700
2026-06-04
—
condos
1
1
762
$2,350
2026-08-13
—
condos
1
2
729
$2,395
2026-08-26
—
condos
1
2
815
$3,100
2026-08-27
—
apartment
1
1
850
$2,495
2026-08-27
—
condos
1
2
929
$3,500
2026-08-14
—
condos
1
1
762
$2,200
2026-07-23
—
condos
1
1
798
$2,700
2026-05-18
—
apartment
1
2
885
$3,000
2026-08-20
—
apartment
1
1
700
$1,850
2026-08-04
—
apartment
1
1
697
$2,800
2026-03-13
—
condos
1
1
798
$2,700
2026-08-18
—
condos
1
2
780
$3,000
2026-07-17
—
condos
1
1
780
$2,650
2026-03-22
—
condos
1
2
781
$3,300
2026-07-20
—
condos
1
1
784
$2,300
2026-06-11
—
condos
1
1
753
$3,000
2026-07-08
—
condos
1
1
718
$2,750
2026-07-09
—
condos
1
1
770
$3,000
2025-10-28
—
condos
1
2
865
$2,700
2026-05-19
—
apartment
1
1
500
$2,400
2026-07-24
—
condos
1
2
780
$3,100
2026-06-24
—
condos
1
2
780
$3,100
2026-05-28
—
apartment
1
1
729
$3,455
2026-05-10
—
apartment
1
1
524
$1,650
—
—
apartment
1
1
668
$1,850
—
—
apartment
1
1
483
$2,030
2026-08-27
—
apartment
1
1
800
$1,850
—
—
condos
1
1
840
$2,775
—
—
apartment
1
1
820
$3,533
—
—
apartment
1
1
510
$1,895
2026-02-10
—
apartment
1
1
902
$3,999
—
—
apartment
1
1
885
$4,342
—
—
apartment
1
1
552
$1,824
2026-02-10
—
apartment
1
1
777
$3,433
—
—
apartment
1
1
820
$3,531
—
—
apartment
1
1
735
$3,495
—
—
apartment
1
1
782
$3,545
—
—
apartment
1
1
735
$3,400
—
—
apartment
1
1
729
$3,375
—
—
apartment
1
1
735
$3,530
—
—
apartment
1
1
735
$3,500
—
—
apartment
1
1
782
$3,350
—
—
apartment
1
1
760
$3,565
—
—
apartment
1
1
760
$3,585
—
—
apartment
1
1
790
$3,625
—
—
apartment
1
1
760
$3,600
—
—
apartment
1
1
790
$3,600
—
—
apartment
1
1
570
$1,943
2026-02-10
—
apartment
1
1
844
$3,845
—
—
apartment
1
1
844
$3,825
—
—
apartment
1
1
844
$3,690
—
—
apartment
1
1
735
$3,778
—
—
apartment
1
1
844
$3,845
—
—
apartment
1
1
844
$3,675
—
—
apartment
1
1
650
$2,077
2026-02-10
—
apartment
1
1
884
$3,859
—
—
apartment
1
1
760
$3,945
—
—
apartment
1
1
839
$4,032
—
—
apartment
1
1
885
$4,099
—
—
apartment
1
1
585
$1,800
2026-08-14
—
apartment
1
1
680
$2,750
2026-08-26
—
condos
1
1
840
$2,775
2026-08-29
—
apartment
1
1
580
$1,790
2026-09-01
—
apartment
1
1
610
$2,080
2026-02-04
—
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.