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
$248,000
Down payment (20.0%)
$49,600
Loan amount
$198,400
Closing costs (5.0%)
$12,400
Total cash to close
$62,000
Income
Rent (comp-derived)
$1,848$22,170
Vacancy loss (8.0%)
Effective gross income
$1,700$20,396
Operating expenses
Property tax (placeholder 1.9% of price)
$393$4,712
Insurance (placeholder 0.8% of price)
$165$1,984
HOA dues
$552$6,624
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$92$1,109
Total operating expenses
$1,202$14,429
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)
$92$1,109
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
670
$2,150
2026-08-20
—
condos
1
1
707
$1,800
2026-08-20
—
condos
1
1
709
$1,800
2026-08-20
—
apartment
1
1
730
$1,800
2024-12-20
—
apartment
1
1
732
$1,885
2024-12-12
—
condos
1
1
709
$2,000
2026-08-18
—
condos
1
1
709
$1,800
2026-08-17
—
condos
1
1
709
$1,950
2026-08-17
—
condos
1
1
709
$1,950
2026-08-15
—
apartment
1
1
800
$1,850
2025-09-12
—
condos
1
1
555
$1,950
2026-08-14
—
condos
1
1
840
$1,845
2026-08-14
—
condos
1
2
787
$1,775
2026-08-10
—
condos
1
2
1,000
$2,000
2026-08-06
—
condos
1
1
670
$1,900
2026-07-27
—
condos
1
1
707
$1,650
2026-07-24
—
condos
1
1
615
$1,800
2026-07-23
—
condos
1
1
840
$1,950
2026-07-21
—
condos
1
1
754
$1,950
2026-07-20
—
condos
1
1
727
$1,850
2026-07-17
—
condos
1
1
649
$1,595
2026-07-16
—
condos
1
1
736
$1,950
2026-07-15
—
condos
1
1
736
$1,900
2026-07-13
—
apartment
1
1
709
$1,499
2026-07-10
—
condos
1
1
670
$2,100
2026-07-09
—
condos
1
1
670
$2,050
2026-07-03
—
condos
1
2
787
$1,950
2026-06-29
—
condos
1
1
650
$2,000
2026-06-26
—
condos
1
1
555
$1,800
2026-06-24
—
condos
1
1
840
$1,900
2026-06-24
—
condos
1
2
787
$1,800
2026-06-23
—
condos
1
2
895
$1,800
2026-06-17
—
condos
1
1
555
$1,850
2026-06-11
—
condos
1
1
811
$1,850
2026-06-08
—
condos
1
1
736
$1,950
2026-06-04
—
condos
1
1
707
$1,800
2026-06-03
—
apartment
1
1
615
$2,100
2026-05-30
—
condos
1
1
750
$2,300
2026-05-28
—
condos
1
1
850
$1,775
2026-05-27
—
condos
1
1
727
$1,800
2026-05-06
—
condos
1
1
670
$2,200
2026-08-04
—
condos
1
1
727
$1,900
2026-08-01
—
condos
1
1
758
$1,800
2026-07-29
—
condos
1
1
640
$1,690
2026-07-28
—
condos
1
1
670
$2,000
2026-07-28
—
apartment
1
1
825
$2,000
2024-12-20
—
condos
1
1
670
$1,800
2026-08-07
—
condos
1
2
930
$1,890
2026-08-23
—
condos
1
1
727
$1,800
2026-03-31
—
condos
1
2
787
$1,800
2026-04-24
—
condos
1
1
709
$1,850
2025-08-07
—
condos
1
1
670
$2,080
2026-04-06
—
condos
1
1
555
$1,750
2026-03-09
—
condos
1
2
725
$1,750
2026-04-04
—
condos
1
2
895
$1,850
2026-04-10
—
condos
1
1
709
$1,900
2025-12-09
—
condos
1
1
750
$1,900
2026-03-02
—
condos
1
1
707
$1,800
2026-02-26
—
condos
1
2
950
$1,750
2026-08-24
—
apartment
1
1
730
$1,800
—
—
apartment
1
1
850
$1,775
—
—
apartment
1
1
730
$2,000
—
—
condos
1
2
787
$1,700
2026-08-28
—
condos
1
1
575
$1,650
2026-08-26
—
condos
1
1
560
$1,650
2026-06-17
—
condos
1
1
575
$1,650
2026-08-18
—
condos
1
1
575
$1,750
2026-07-27
—
condos
1
1
575
$1,650
2026-06-20
—
condos
1
1
575
$1,780
2026-07-16
—
condos
1
1
575
$1,880
2026-05-23
—
condos
1
1
575
$1,900
2026-07-06
—
apartment
1
1
730
$1,800
—
—
apartment
1
1
730
$1,800
—
—
condos
1
1
707
$1,700
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.