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
$1,875,000
Down payment (20.0%)
$375,000
Loan amount
$1,500,000
Closing costs (5.0%)
$93,750
Total cash to close
$468,750
Income
Rent (comp-derived)
$6,500$78,000
Vacancy loss (8.0%)
Effective gross income
$5,980$71,760
Operating expenses
Property tax (placeholder 1.9% of price)
$2,969$35,625
Insurance (placeholder 0.8% of price)
$1,250$15,000
HOA dues
$2,295$27,540
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$325$3,900
Total operating expenses
$6,839$82,065
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)
$325$3,900
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
1,840
$2,750
2026-07-29
—
condos
2
2
1,750
$7,950
2026-08-27
—
condos
2
2
1,840
$3,000
2026-06-07
—
condos
2
3
1,623
$5,500
2026-06-10
—
apartment
2
3
2,630
$6,200
2025-10-31
—
apartment
2
1
1,680
$2,000
2026-04-14
—
condos
2
2
1,736
$6,250
2026-08-21
—
condos
2
2
1,603
$3,800
2026-08-03
—
condos
2
2
1,605
$2,700
2024-01-10
—
condos
2
3
2,020
$10,000
2026-08-27
—
condos
2
3
1,590
$6,300
2026-05-01
—
condos
2
2
1,605
$2,500
2026-07-24
—
condos
2
2
1,583
$6,000
2026-07-27
—
condos
2
2
1,605
$2,850
2026-04-10
—
condos
2
3
1,715
$5,300
2026-08-14
—
condos
2
2
1,605
$2,999
2026-05-25
—
condos
2
3
2,070
$15,000
2026-08-27
—
condos
2
2
1,760
$7,000
2026-08-24
—
condos
2
3
1,722
$8,500
2026-08-20
—
condos
2
2
1,591
$5,500
2026-07-15
—
condos
2
2
1,730
$5,000
2026-08-14
—
condos
2
3
1,680
$5,500
2026-05-11
—
condos
2
3
1,828
$7,700
2026-08-24
—
condos
2
2
1,603
$3,500
2026-02-26
—
condos
2
2
1,847
$6,000
2026-06-11
—
condos
2
2
1,605
$2,550
2026-06-08
—
condos
2
3
1,756
$6,000
2026-05-18
—
apartment
2
3
2,433
$8,500
2026-07-31
—
condos
2
2
1,820
$6,000
2026-02-03
—
condos
2
2
1,730
$5,000
2026-04-03
—
apartment
2
2
1,760
$6,900
2026-07-08
—
condos
2
3
1,661
$15,500
2026-05-27
—
condos
2
3
1,602
$5,500
2026-03-10
—
condos
2
3
1,808
$6,400
2026-08-06
—
apartment
2
3
2,050
$6,700
2025-11-19
—
condos
2
3
1,639
$13,000
2026-07-15
—
condos
2
3
1,718
$5,999
2026-07-01
—
condos
2
2
1,750
$8,500
2026-06-12
—
apartment
2
3
1,817
$6,500
2026-01-23
—
condos
2
3
1,886
$6,000
2026-03-18
—
condos
2
3
1,808
$6,900
2026-06-24
—
condos
2
2
1,736
$6,200
2026-06-23
—
condos
2
3
1,962
$6,500
2026-07-05
—
condos
2
3
1,756
$5,500
2026-05-01
—
condos
2
3
1,690
$5,800
2026-08-04
—
condos
2
2
1,821
$5,750
2026-05-07
—
apartment
2
3
1,811
$7,000
2026-03-31
—
condos
2
2
1,604
$5,500
2026-06-19
—
condos
2
3
1,798
$7,500
2026-06-17
—
condos
2
2
1,675
$6,300
2026-03-10
—
condos
2
3
2,020
$7,500
2026-05-29
—
condos
2
3
1,886
$8,000
2026-07-06
—
condos
2
2
1,591
$6,500
2026-05-11
—
condos
2
3
1,748
$8,200
2026-03-07
—
condos
2
3
1,962
$6,950
2026-04-06
—
condos
2
2
1,750
$5,300
2026-05-13
—
condos
2
3
2,235
$16,000
2026-07-15
—
condos
2
3
1,886
$7,999
2026-07-03
—
apartment
2
3
2,261
$10,950
2025-11-13
—
condos
2
3
1,903
$7,775
2025-04-23
—
condos
2
4
2,327
$8,700
2026-07-03
—
condos
2
3
1,704
$9,000
2026-04-13
—
condos
2
3
1,590
$6,800
2024-11-06
—
condos
2
2
1,604
$6,100
2026-05-14
—
condos
2
3
1,808
$6,500
2026-06-16
—
condos
2
2
1,670
$5,800
2026-08-20
—
condos
2
3
1,935
$43,300
2026-05-05
—
condos
2
3
1,715
$5,500
2026-07-08
—
condos
2
3
1,637
$4,800
2024-08-13
—
condos
2
2
1,786
$5,900
2026-04-06
—
condos
2
3
1,935
$8,750
2026-08-12
—
condos
2
3
1,630
$3,850
2026-04-16
—
condos
2
3
1,756
$7,500
2026-07-21
—
condos
2
2
1,730
$6,500
2026-05-01
—
condos
2
3
1,828
$8,600
2026-05-29
—
condos
2
3
2,970
$9,500
2026-08-09
—
condos
2
3
1,590
$6,950
2026-06-26
—
condos
2
3
1,637
$5,000
2024-12-12
—
condos
2
2
1,760
$6,490
2026-06-22
—
condos
2
2
1,730
$6,000
2026-04-19
—
condos
2
2
1,604
$5,650
2026-08-11
—
condos
2
3
1,814
$8,000
2026-05-13
—
condos
2
2
1,603
$4,550
2026-04-16
—
condos
2
3
1,715
$5,500
2026-07-28
—
condos
2
3
1,602
$5,750
2026-08-05
—
condos
2
3
1,715
$5,500
2022-05-16
—
condos
2
3
2,245
$15,000
2026-04-17
—
condos
2
3
1,680
$12,500
2026-07-14
—
condos
2
3
2,042
$20,000
2026-06-07
—
condos
2
3
2,070
$15,000
2026-07-07
—
condos
2
3
2,106
$7,800
2026-05-06
—
condos
2
3
1,715
$6,000
2026-06-22
—
condos
2
2
1,591
$5,900
2026-05-06
—
condos
2
3
1,715
$5,300
2026-03-24
—
condos
2
3
1,602
$6,500
2026-06-17
—
condos
2
3
1,715
$5,700
2026-02-11
—
condos
2
3
1,623
$5,500
2023-10-11
—
condos
2
3
2,084
$9,300
2026-08-03
—
condos
2
3
1,958
$7,500
2026-05-04
—
condos
2
3
1,637
$6,500
2026-03-09
—
condos
2
3
1,698
$6,500
2026-05-13
—
condos
2
3
1,637
$6,000
2025-03-26
—
condos
2
3
1,637
$5,500
2024-04-22
—
condos
2
3
2,235
$18,000
2026-03-02
—
condos
2
3
1,623
$7,000
2024-06-20
—
condos
2
3
2,245
$17,000
2024-09-27
—
condos
2
2
1,648
$6,500
2026-06-03
—
condos
2
3
1,649
$7,200
2026-07-18
—
condos
2
3
1,602
$12,000
2026-01-26
—
condos
2
3
1,602
$7,500
2026-05-14
—
condos
2
3
1,634
$17,900
2026-03-03
—
condos
2
2
1,599
$12,000
2025-09-10
—
condos
2
3
1,817
$7,400
2026-07-21
—
condos
2
25
2,042
$25,000
2022-08-05
—
condos
2
3
1,672
$8,250
2026-02-18
—
condos
2
3
1,718
$6,900
2026-05-22
—
condos
2
3
1,722
$8,650
2026-06-04
—
condos
2
3
1,614
$9,500
2026-07-13
—
condos
2
3
1,962
$9,500
2026-04-30
—
condos
2
3
1,935
$11,000
2025-05-07
—
condos
2
3
1,614
$8,000
2026-01-01
—
condos
2
3
1,935
$9,500
2026-08-12
—
condos
2
3
1,836
$7,750
2026-06-25
—
condos
2
3
1,715
$5,300
—
—
condos
2
2
1,602
$8,000
—
—
condos
2
3.5
2,327
$8,700
2026-07-07
—
condos
2
3
1,828
$7,700
—
—
condos
2
3
1,649
$6,350
—
—
condos
2
2
1,736
$6,250
—
—
condos
2
3
2,339
$17,500
—
—
condos
2
2
2,120
$7,900
—
—
condos
2
2
1,760
$6,900
—
—
condos
2
3
1,602
$5,750
—
—
condos
2
3
2,042
$20,000
—
—
condos
2
3
1,715
$5,500
—
—
condos
2
2
1,605
$3,350
2026-09-01
—
condos
2
2
1,693
$3,600
2026-08-31
—
condos
2
3
1,958
$8,500
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.
