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
$440,000
Down payment (20.0%)
$88,000
Loan amount
$352,000
Closing costs (5.0%)
$22,000
Total cash to close
$110,000
Income
Rent (comp-derived)
$3,000$36,000
Vacancy loss (8.0%)
Effective gross income
$2,760$33,120
Operating expenses
Property tax (placeholder 1.9% of price)
$697$8,360
Insurance (placeholder 0.8% of price)
$293$3,520
HOA dues
$905$10,860
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$150$1,800
Total operating expenses
$2,045$24,540
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)
$150$1,800
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
2
2
996
$2,100
2026-08-18
—
condos
2
2
994
$2,350
2026-08-07
—
apartment
2
2
994
$3,280
2026-07-27
—
condos
2
2
972
$2,700
2026-07-15
—
condos
2
2
1,077
$2,790
2026-07-10
—
condos
2
2
1,062
$2,900
2026-07-08
—
condos
2
2
1,050
$2,700
2026-08-26
—
condos
2
2
990
$2,700
2026-06-05
—
apartment
2
2
987
$3,175
2026-05-02
—
condos
2
2
1,081
$2,800
2026-08-03
—
apartment
2
2
1,066
$2,650
2025-08-05
—
condos
2
2
1,062
$2,650
2026-04-09
—
condos
2
2
1,062
$3,000
2026-03-02
—
apartment
2
2
1,075
$3,000
2026-06-24
—
condos
2
2
1,023
$3,750
2026-03-30
—
condos
2
2
1,100
$3,800
2026-01-07
—
apartment
2
2
1,095
$3,450
—
—
condos
2
2
1,083
$2,250
—
—
condos
2
2
1,100
$3,100
—
—
condos
2
2
1,074
$3,400
2026-08-27
—
condos
2
2
1,022
$2,900
2026-09-01
—
condos
2
2
1,083
$2,200
2026-08-01
—
condos
2
2
994
$2,000
2026-07-22
—
condos
2
2
1,011
$2,600
2026-07-21
—
condos
2
2
1,054
$2,600
2026-05-19
—
condos
2
2
1,096
$2,600
2026-06-17
—
condos
2
2
1,038
$2,500
2026-01-16
—
condos
2
2
994
$2,000
2026-06-17
—
condos
2
2
1,091
$2,820
2026-07-22
—
condos
2
2
1,068
$3,500
2026-08-20
—
condos
2
2
816
$2,750
2026-03-12
—
condos
2
2
1,096
$2,500
2026-08-25
—
condos
2
2
994
$2,600
2026-08-25
—
condos
2
2
1,065
$3,000
2026-08-24
—
condos
2
2
816
$2,750
2026-05-16
—
condos
2
2
1,077
$2,650
2026-08-10
—
condos
2
2
1,083
$2,150
2026-03-17
—
condos
2
2
1,081
$2,000
2026-06-06
—
condos
2
2
1,081
$1,975
2026-08-12
—
condos
2
2
996
$2,700
2026-08-15
—
condos
2
2
1,098
$2,100
2026-06-12
—
condos
2
2
996
$2,500
2026-03-24
—
condos
2
2
996
$2,600
2026-07-29
—
condos
2
2
1,083
$2,100
2025-10-15
—
condos
2
2
1,033
$3,100
2026-08-13
—
apartment
2
2
1,092
$2,600
2026-04-13
—
condos
2
2
1,062
$2,900
2026-08-06
—
condos
2
2
1,011
$2,600
2026-06-10
—
condos
2
2
1,061
$2,800
2026-08-10
—
condos
2
2
1,098
$2,400
2026-06-30
—
condos
2
2
863
$3,500
2026-08-07
—
condos
2
2
1,100
$2,600
2026-05-18
—
condos
2
2
990
$2,900
2026-07-15
—
condos
2
2
1,005
$2,480
2026-07-01
—
condos
2
2
1,062
$2,700
2026-06-04
—
apartment
2
2
1,091
$3,300
2026-04-17
—
condos
2
2
1,081
$2,100
2026-07-09
—
condos
2
2
1,092
$2,800
2025-11-14
—
condos
2
2
1,081
$2,650
2026-06-24
—
condos
2
2
1,081
$2,950
2026-08-06
—
condos
2
2
1,073
$2,700
2025-11-10
—
condos
2
2
994
$2,500
2026-05-27
—
condos
2
2
1,049
$3,200
2026-07-20
—
condos
2
2
1,065
$2,950
2026-05-13
—
condos
2
2
1,062
$2,800
2026-07-03
—
condos
2
2
994
$2,600
2026-04-18
—
condos
2
2
1,092
$2,700
2026-06-21
—
condos
2
3
1,097
$4,950
2026-08-20
—
condos
2
2
1,075
$3,000
2026-07-21
—
condos
2
2
1,061
$2,950
2026-06-02
—
condos
2
2
1,100
$3,100
2026-07-16
—
condos
2
2
1,082
$3,200
2026-04-28
—
condos
2
2
1,077
$3,300
2026-07-05
—
condos
2
2
1,081
$3,099
2026-07-07
—
condos
2
2
1,061
$3,200
2026-03-11
—
condos
2
2
1,022
$3,000
2026-06-19
—
condos
2
2
1,095
$5,000
2026-05-21
—
condos
2
2
1,073
$3,100
2026-06-02
—
condos
2
2
1,100
$3,900
2026-07-08
—
condos
2
2
1,038
$3,100
2026-05-26
—
condos
2
2
1,077
$3,300
2026-07-13
—
condos
2
2
1,038
$3,450
2026-04-06
—
condos
2
2
1,091
$3,300
2026-03-02
—
condos
2
2
1,091
$3,700
2026-03-26
—
condos
2
2
1,100
$4,500
2025-05-05
—
apartment
2
2
1,050
$2,350
2026-06-29
—
apartment
2
2
1,100
$2,350
2026-08-07
—
condos
2
2
1,011
$2,800
—
—
apartment
2
2
987
$3,090
—
—
condos
2
3
1,097
$4,950
—
—
apartment
2
2
1,004
$2,790
—
—
condos
2
2
1,068
$3,500
—
—
condos
2
2
1,100
$3,500
—
—
apartment
2
2
1,004
$2,790
—
—
apartment
2
2
1,095
$3,325
—
—
apartment
2
2
1,006
$3,055
—
—
apartment
2
2
994
$3,220
—
—
apartment
2
2
1,067
$3,450
—
—
apartment
2
2
994
$3,265
—
—
apartment
2
2
994
$3,320
—
—
apartment
2
2
1,067
$3,550
—
—
apartment
2
2
987
$3,000
—
—
apartment
2
2
994
$3,370
—
—
apartment
2
2
976
$3,145
—
—
apartment
2
2
976
$3,145
—
—
apartment
2
2
976
$3,145
—
—
apartment
2
2
976
$3,145
—
—
apartment
2
2
976
$3,120
—
—
apartment
2
2
1,095
$3,350
—
—
apartment
2
2
1,095
$3,450
—
—
apartment
2
2
1,095
$3,450
—
—
apartment
2
2
1,095
$3,350
—
—
apartment
2
2
1,095
$3,325
—
—
apartment
2
2
1,095
$3,350
—
—
apartment
2
2
1,095
$3,350
—
—
apartment
2
2
1,095
$3,350
—
—
apartment
2
2
1,095
$3,450
—
—
apartment
2
2
962
$3,273
—
—
condos
2
2
1,095
$4,550
—
—
apartment
2
2
1,095
$3,550
—
—
apartment
2
2
1,095
$3,550
—
—
apartment
2
2
1,095
$3,550
—
—
condos
2
2
1,022
$3,700
2026-07-27
—
condos
2
2
994
$2,200
2026-09-01
—
condos
2
2
1,074
$3,150
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.