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
$195,000
Down payment (20.0%)
$39,000
Loan amount
$156,000
Closing costs (5.0%)
$9,750
Total cash to close
$48,750
Income
Rent (comp-derived)
$2,310$27,720
Vacancy loss (8.0%)
Effective gross income
$2,125$25,502
Operating expenses
Property tax (placeholder 1.9% of price)
$309$3,705
Insurance (placeholder 0.8% of price)
$130$1,560
HOA dues
$499$5,988
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$116$1,386
Total operating expenses
$1,053$12,639
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)
$116$1,386
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
753
$1,733
2026-08-19
—
apartment
2
2
1,000
$2,002
2025-09-19
—
apartment
2
1
750
$1,800
2026-06-10
—
condos
2
2
1,075
$1,595
2026-05-21
—
apartment
2
2
1,327
$1,950
2026-08-04
—
condos
2
2
1,075
$1,550
2026-07-31
—
condos
2
2
1,075
$1,650
2026-08-19
—
apartment
2
1
1,104
$1,650
2026-08-04
—
condos
2
2
1,075
$1,800
2026-06-03
—
condos
2
2
1,075
$1,950
2026-06-17
—
condos
2
2
1,075
$1,650
2026-05-21
—
condos
2
2
1,075
$1,500
2026-01-20
—
condos
2
2
1,075
$1,800
2026-07-23
—
condos
2
2
1,075
$1,895
2024-11-11
—
apartment
2
1
1,104
$1,650
2026-08-04
—
condos
2
2
1,174
$2,300
2026-08-17
—
condos
2
2
1,075
$1,850
2026-08-09
—
condos
2
2
1,075
$1,800
2026-08-07
—
condos
2
2
1,075
$1,800
2026-06-11
—
condos
2
3
1,422
$2,575
2026-06-19
—
apartment
2
2
1,175
$2,556
2026-06-17
—
apartment
2
2
1,175
$2,556
2026-06-18
—
apartment
2
2
1,176
$2,556
2025-11-06
—
apartment
2
1
1,075
$1,550
2026-06-20
—
apartment
2
2
900
$2,014
—
—
condos
2
2
901
$2,300
—
—
apartment
2
2
900
$2,069
—
—
apartment
2
2
900
$2,014
—
—
apartment
2
1
700
$2,100
2025-01-29
—
condos
2
2
888
$2,351
—
—
condos
2
2
888
$2,346
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
888
$2,341
—
—
condos
2
2
901
$2,310
—
—
apartment
2
2
900
$2,014
—
—
condos
2
2
842
$2,150
—
—
condos
2
2
834
$2,150
—
—
apartment
2
2
1,026
$2,465
—
—
apartment
2
2
1,026
$2,445
—
—
apartment
2
2
1,026
$2,485
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,034
$2,360
—
—
apartment
2
2
1,176
$2,465
—
—
condos
2
2
942
$2,225
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
914
$2,380
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
920
$2,283
—
—
condos
2
2
901
$2,310
—
—
condos
2
2
914
$2,390
—
—
condos
2
2
945
$2,473
—
—
condos
2
2
920
$2,388
—
—
condos
2
2
942
$2,290
—
—
condos
2
2
858
$2,305
—
—
condos
2
2
950
$2,399
—
—
condos
2
2
920
$2,293
—
—
condos
2
2
888
$2,356
—
—
condos
2
2
858
$2,285
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
920
$2,273
—
—
condos
2
2
858
$2,295
—
—
condos
2
2
901
$2,300
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
914
$2,400
—
—
condos
2
2
858
$2,285
—
—
condos
2
2
858
$2,325
—
—
condos
2
2
858
$2,305
—
—
condos
2
2
965
$2,450
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
965
$2,470
—
—
condos
2
2
888
$2,361
—
—
condos
2
2
888
$2,361
—
—
condos
2
2
888
$2,436
—
—
apartment
2
2
909
$2,435
—
—
apartment
2
2
1,176
$2,465
—
—
apartment
2
2
1,034
$2,554
—
—
apartment
2
2
1,176
$2,465
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,034
$2,786
—
—
condos
2
3
1,314
$2,375
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.
