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
$152,500
Down payment (20.0%)
$30,500
Loan amount
$122,000
Closing costs (5.0%)
$7,625
Total cash to close
$38,125
Income
Rent (comp-derived)
$1,650$19,800
Vacancy loss (8.0%)
Effective gross income
$1,518$18,216
Operating expenses
Property tax (placeholder 1.9% of price)
$241$2,898
Insurance (placeholder 0.8% of price)
$102$1,220
HOA dues
$387$4,644
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$83$990
Total operating expenses
$813$9,752
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)
$83$990
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
1
1
550
$1,604
2025-03-04
—
condos
1
1
813
$1,500
2026-08-20
—
apartment
1
1
733
$2,087
2024-06-11
—
apartment
1
1
550
$1,725
2026-07-08
—
apartment
1
1
680
$2,100
2026-06-29
—
apartment
1
1
600
$1,500
2026-06-26
—
condos
1
1
710
$1,700
2026-04-27
—
condos
1
1
792
$1,700
2026-07-30
—
apartment
1
1
800
$1,850
2025-04-11
—
apartment
1
1
739
$1,707
2026-08-22
—
apartment
1
1
739
$1,707
2026-08-22
—
apartment
1
1
775
$1,761
—
—
apartment
1
1
775
$1,726
—
—
apartment
1
1
500
$1,480
2026-08-27
—
apartment
1
1
500
$1,575
2026-05-22
—
apartment
1
1
800
$1,625
2026-07-10
—
apartment
1
1
750
$1,650
2026-07-15
—
apartment
1
1
750
$1,750
2026-01-16
—
apartment
1
1
500
$1,500
2026-07-30
—
apartment
1
1
600
$1,375
2026-08-05
—
condos
1
1
668
$1,500
2026-07-03
—
condos
1
1
860
$1,475
2026-07-02
—
apartment
1
1
815
$1,650
2025-09-10
—
apartment
1
1
700
$1,650
2026-06-22
—
apartment
1
1
750
$1,200
2026-08-06
—
condos
1
1
720
$1,525
2026-08-04
—
condos
1
1
668
$1,600
2026-08-23
—
condos
1
1
816
$1,590
2026-07-10
—
apartment
1
1
600
$1,400
2026-05-01
—
condos
1
1
782
$1,750
2026-06-22
—
condos
1
1
770
$1,595
2026-07-13
—
condos
1
1
782
$1,850
2026-07-31
—
condos
1
1
782
$1,690
2026-08-10
—
condos
1
1
782
$1,950
2026-01-27
—
apartment
1
1
620
$1,800
2026-07-06
—
condos
1
1
710
$1,600
2025-11-21
—
condos
1
1
666
$1,650
2026-06-30
—
condos
1
2
693
$1,500
2026-07-10
—
condos
1
1
668
$1,500
2026-07-07
—
condos
1
1
900
$1,600
2026-07-27
—
apartment
1
1
683
$1,500
2026-08-12
—
condos
1
1
816
$1,650
2026-08-11
—
apartment
1
1
700
$1,625
2026-06-17
—
condos
1
1
761
$1,450
2026-04-15
—
condos
1
1
750
$1,800
2026-08-03
—
condos
1
2
882
$1,600
2026-07-19
—
condos
1
1
878
$1,600
2026-05-28
—
condos
1
2
691
$1,600
2026-03-30
—
condos
1
1
605
$1,500
2026-04-27
—
condos
1
1
900
$1,950
2026-07-10
—
condos
1
1
510
$1,600
2026-05-22
—
condos
1
1
696
$1,500
2026-08-03
—
condos
1
2
738
$1,650
2026-04-09
—
condos
1
2
900
$1,900
2026-07-06
—
condos
1
1
734
$1,700
2026-08-04
—
condos
1
1
725
$1,600
2026-05-12
—
condos
1
2
900
$1,700
2026-07-16
—
apartment
1
1
785
$1,700
2026-07-24
—
condos
1
1
696
$1,595
2026-08-05
—
condos
1
1
666
$1,750
2026-06-17
—
apartment
1
1
815
$1,700
2025-06-12
—
apartment
1
1
600
$1,700
2026-07-07
—
condos
1
1
784
$1,650
2026-05-08
—
condos
1
2
820
$1,650
2026-03-11
—
apartment
1
1
800
$2,750
2026-04-22
—
apartment
1
1
792
$1,500
—
—
condos
1
1
792
$1,650
2026-09-01
—
apartment
1
1
575
$1,500
—
—
apartment
1
1
676
$1,600
—
—
apartment
1
1
703
$3,000
—
—
apartment
1
1
775
$1,766
—
—
apartment
1
1
550
$1,701
—
—
apartment
1
1
750
$1,836
—
—
apartment
1
1
750
$1,881
—
—
apartment
1
1
750
$1,841
—
—
apartment
1
1
775
$1,871
—
—
apartment
1
1
750
$1,861
—
—
apartment
1
1
750
$1,896
—
—
apartment
1
1
750
$1,886
—
—
apartment
1
1
750
$1,836
—
—
apartment
1
1
775
$1,781
—
—
apartment
1
1
775
$1,761
—
—
apartment
1
1
733
$2,349
—
—
apartment
1
1
733
$2,583
—
—
apartment
1
1
733
$2,553
—
—
condos
1
1
668
$1,850
2024-09-04
—
apartment
1
1
680
$1,650
2023-05-16
—
apartment
1
1
720
$2,050
2025-06-23
—
apartment
1
1
608
$1,395
2026-01-27
—
condos
1
2
640
$1,800
2026-08-31
—
condos
1
1
860
$1,600
2026-09-02
—
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.