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
$619,500
Down payment (20.0%)
$123,900
Loan amount
$495,600
Closing costs (5.0%)
$30,975
Total cash to close
$154,875
Income
Rent (comp-derived)
$3,949$47,388
Vacancy loss (8.0%)
Effective gross income
$3,633$43,597
Operating expenses
Property tax (placeholder 1.9% of price)
$981$11,771
Insurance (est. scaled by flood & wind risk)
$909$10,903
HOA dues
$92$1,104
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$197$2,369
Total operating expenses
$2,179$26,147
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)
$197$2,369
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
single_family
5
3
2,258
$2,900
2026-07-08
—
single_family
5
4
3,196
$5,000
2026-08-27
—
single_family
5
3
2,170
$3,100
2026-08-09
—
single_family
5
2
2,063
$2,995
2026-07-12
—
single_family
5
3
3,129
$5,000
2026-08-22
—
single_family
5
4
2,267
$3,750
2026-07-21
—
single_family
5
3
3,218
$4,975
2026-08-24
—
single_family
5
3
2,693
$3,600
2026-07-14
—
single_family
5
4
2,048
$4,000
2026-07-28
—
single_family
5
4
2,878
$5,000
2026-08-25
—
single_family
5
4
3,196
$3,990
2026-08-23
—
single_family
5
3
2,170
$3,949
2026-06-10
—
single_family
5
3
2,504
$3,900
—
—
single_family
5
3
2,916
$4,000
2026-04-08
—
single_family
5
3
2,894
$3,700
2026-06-10
—
single_family
5
3
2,894
$3,850
2026-07-07
—
single_family
5
2
2,063
$3,195
—
—
single_family
5
3
2,916
$4,000
—
—
single_family
5
3
2,894
$3,700
—
—
single_family
5
3
3,080
$4,500
—
—
single_family
5
3
2,894
$4,000
2026-07-01
—
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.