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
$319,900
Down payment (20.0%)
$63,980
Loan amount
$255,920
Closing costs (5.0%)
$15,995
Total cash to close
$79,975
Income
Rent (comp-derived)
$2,062$24,744
Vacancy loss (8.0%)
Effective gross income
$1,897$22,764
Operating expenses
Property tax (placeholder 1.9% of price)
$507$6,078
Insurance (placeholder 0.8% of price)
$213$2,559
HOA dues
$847$10,164
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$103$1,237
Total operating expenses
$1,670$20,039
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)
$103$1,237
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
657
$2,200
2026-08-21
—
condos
1
1
657
$2,290
2026-08-21
—
apartment
1
1
726
$2,142
2025-09-09
—
condos
1
1
828
$2,400
2026-08-12
—
condos
1
1
691
$2,250
2026-08-10
—
condos
1
1
854
$2,150
2026-08-10
—
condos
1
1
828
$2,400
2026-08-07
—
condos
1
1
648
$1,800
2026-08-07
—
condos
1
1
699
$1,700
2026-08-06
—
condos
1
1
797
$2,400
2026-08-06
—
condos
1
1
797
$2,500
2026-07-24
—
condos
1
1
759
$2,350
2026-07-23
—
condos
1
1
828
$2,400
2026-07-22
—
condos
1
1
997
$2,650
2026-07-15
—
condos
1
1
600
$2,400
2026-07-15
—
condos
1
1
725
$1,975
2026-07-15
—
condos
1
1
790
$2,450
2026-07-14
—
condos
1
1
875
$1,800
2026-07-14
—
condos
1
1
677
$1,750
2026-07-14
—
condos
1
1
709
$1,760
2026-07-13
—
condos
1
1
916
$2,800
2026-07-08
—
condos
1
1
770
$2,400
2026-07-02
—
condos
1
1
759
$2,400
2026-06-30
—
condos
1
1
699
$1,850
2026-06-25
—
condos
1
1
757
$2,300
2026-06-07
—
condos
1
1
657
$2,300
2026-06-05
—
condos
1
1
657
$2,500
2026-06-04
—
condos
1
1
692
$2,250
2026-05-26
—
condos
1
2
810
$1,980
2026-05-18
—
condos
1
1
699
$1,850
2026-05-07
—
condos
1
1
782
$2,300
2026-05-01
—
condos
1
1
776
$2,375
2026-08-03
—
condos
1
1
782
$2,300
2026-07-30
—
condos
1
1
666
$1,900
2026-07-29
—
apartment
1
1
703
$2,300
2026-01-05
—
condos
1
1
761
$1,775
2026-08-24
—
condos
1
1
733
$1,800
2026-03-19
—
apartment
1
1
829
$2,167
2025-06-10
—
apartment
1
1
660
$1,900
—
—
apartment
1
1
724
$2,153
—
—
apartment
1
1
767
$2,057
—
—
apartment
1
1
724
$2,006
—
—
apartment
1
1
871
$2,313
—
—
apartment
1
1
724
$2,011
—
—
apartment
1
1
724
$2,006
—
—
apartment
1
1
767
$2,037
—
—
apartment
1
1
736
$2,022
—
—
apartment
1
1
767
$2,037
—
—
apartment
1
1
767
$2,058
—
—
apartment
1
1
779
$2,092
—
—
apartment
1
1
767
$2,042
—
—
apartment
1
1
767
$2,092
—
—
apartment
1
1
767
$2,072
—
—
apartment
1
1
724
$2,132
—
—
apartment
1
1
779
$2,093
—
—
apartment
1
1
724
$2,142
—
—
apartment
1
1
779
$2,138
—
—
apartment
1
1
806
$2,274
—
—
apartment
1
1
978
$2,429
—
—
apartment
1
2
725
$1,900
2026-08-24
—
condos
1
1
854
$1,900
2026-08-24
—
apartment
1
1
607
$2,000
2026-08-10
—
condos
1
1
574
$1,750
2026-07-03
—
condos
1
1
672
$1,800
2026-08-22
—
condos
1
2
725
$1,850
2026-08-07
—
condos
1
2
904
$2,000
2026-08-18
—
condos
1
1
574
$2,000
2026-08-25
—
condos
1
1
672
$1,850
2026-07-20
—
condos
1
1
906
$2,795
2026-08-28
—
condos
1
1
700
$1,850
2026-07-30
—
condos
1
1
710
$1,850
2026-06-01
—
condos
1
2
760
$2,200
2026-06-19
—
condos
1
1
710
$1,925
2026-07-20
—
condos
1
1
672
$1,850
2025-01-03
—
condos
1
1
800
$1,900
2026-07-10
—
condos
1
1
709
$1,750
2025-11-25
—
condos
1
1
904
$2,050
2026-06-25
—
condos
1
2
740
$2,100
2026-07-29
—
apartment
1
1
545
$1,881
—
—
apartment
1
1
829
$2,230
2025-04-17
—
apartment
1
1
767
$2,057
—
—
apartment
1
1
767
$2,062
—
—
apartment
1
1
779
$2,072
—
—
apartment
1
1
736
$2,008
—
—
condos
1
1
725
$1,850
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.