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
$297,000
Down payment (20.0%)
$59,400
Loan amount
$237,600
Closing costs (5.0%)
$14,850
Total cash to close
$74,250
Income
Rent (comp-derived)
$2,400$28,800
Vacancy loss (8.0%)
Effective gross income
$2,208$26,496
Operating expenses
Property tax (placeholder 1.9% of price)
$470$5,643
Insurance (est. scaled by flood & wind risk)
$297$3,564
HOA dues
$281$3,372
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$120$1,440
Total operating expenses
$1,168$14,019
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)
$120$1,440
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
848
$2,226
2024-06-11
—
apartment
2
2
914
$2,300
2026-08-20
—
condos
2
2
1,502
$2,500
2026-08-20
—
condos
2
2
952
$2,500
2026-08-19
—
condos
2
2
1,502
$2,500
2026-08-15
—
condos
2
2
993
$2,400
2026-08-13
—
apartment
2
2
1,163
$2,515
2026-08-10
—
condos
2
2
914
$2,150
2026-08-10
—
apartment
2
1
981
$2,300
2026-08-10
—
condos
2
2
968
$2,300
2026-08-07
—
condos
2
2
1,114
$2,200
2026-08-07
—
apartment
2
2
1,020
$2,800
2026-08-07
—
condos
2
2
1,000
$2,450
2026-08-06
—
condos
2
2
1,036
$2,300
2026-08-05
—
condos
2
2
1,110
$2,400
2026-08-05
—
apartment
2
2
1,010
$2,200
2026-07-27
—
condos
2
2
1,000
$2,600
2026-07-26
—
condos
2
2
1,014
$2,450
2026-07-24
—
condos
2
2
870
$2,285
2026-07-24
—
apartment
2
2
968
$2,250
2026-07-24
—
apartment
2
2
1,009
$2,500
2026-07-22
—
apartment
2
2
914
$2,300
2026-07-21
—
condos
2
2
1,067
$2,300
2026-07-20
—
apartment
2
2
1,203
$2,250
2026-07-18
—
condos
2
2
1,126
$2,390
2026-07-17
—
condos
2
3
1,108
$2,600
2026-07-17
—
condos
2
2
870
$2,400
2026-07-15
—
condos
2
1
909
$2,500
2026-07-14
—
condos
2
1
874
$2,400
2026-07-13
—
apartment
2
3
1,415
$2,400
2026-07-13
—
condos
2
2
1,126
$2,300
2026-07-07
—
condos
2
2
1,000
$2,500
2026-07-03
—
condos
2
2
1,204
$2,600
2026-07-02
—
condos
2
2
1,000
$2,400
2026-07-02
—
apartment
2
2
1,000
$2,500
2026-06-29
—
condos
2
2
1,000
$2,400
2026-06-29
—
condos
2
3
1,108
$2,600
2026-06-26
—
condos
2
3
1,108
$2,600
2026-06-24
—
condos
2
2
1,194
$2,250
2026-06-23
—
condos
2
2
900
$2,250
2026-06-23
—
condos
2
3
1,415
$2,399
2026-06-22
—
condos
2
2
1,000
$2,400
2026-06-19
—
condos
2
2
1,036
$2,150
2026-06-17
—
condos
2
2
1,000
$2,300
2026-06-17
—
condos
2
3
1,415
$2,500
2026-06-09
—
condos
2
2
1,005
$2,500
2026-06-08
—
condos
2
2
1,067
$2,300
2026-06-03
—
condos
2
2
1,000
$2,300
2026-06-03
—
condos
2
2
1,194
$2,350
2026-06-02
—
condos
2
2
1,012
$2,600
2026-06-01
—
apartment
2
1
1,000
$2,250
2026-06-01
—
condos
2
1
1,050
$2,150
2026-06-01
—
condos
2
2
968
$2,300
2026-05-29
—
condos
2
2
1,000
$2,400
2026-05-19
—
condos
2
2
1,067
$2,350
2026-05-19
—
condos
2
2
968
$2,250
2026-05-11
—
apartment
2
2
1,005
$2,550
2026-05-08
—
condos
2
2
900
$2,250
2026-05-05
—
condos
2
2
891
$2,200
2026-04-29
—
condos
2
2
968
$2,100
2026-08-04
—
condos
2
2
1,064
$2,250
2026-08-03
—
condos
2
2
1,095
$2,250
2026-08-02
—
condos
2
2
1,000
$2,600
2026-07-31
—
condos
2
2
1,000
$2,500
2026-07-31
—
condos
2
2
900
$2,400
2026-07-30
—
condos
2
2
958
$2,600
2026-07-30
—
condos
2
2
1,000
$2,400
2026-07-30
—
condos
2
3
1,415
$2,500
2026-07-30
—
condos
2
2
891
$2,250
2026-07-30
—
condos
2
2
1,000
$2,450
2026-07-28
—
condos
2
2
1,000
$2,500
2026-08-22
—
condos
2
2
1,000
$2,400
2026-08-24
—
condos
2
2
1,095
$2,300
2026-08-25
—
condos
2
1
933
$2,200
2026-03-12
—
condos
2
2
1,014
$2,350
2026-03-11
—
condos
2
2
1,095
$2,350
2026-04-26
—
condos
2
2
1,502
$2,600
2026-04-15
—
condos
2
2
914
$2,300
2025-12-16
—
apartment
2
2
1,026
$2,700
2026-02-17
—
condos
2
2
870
$1,975
2026-08-24
—
condos
2
2
1,000
$2,600
—
—
condos
2
2
1,126
$2,400
—
—
condos
2
2
1,000
$2,600
2023-09-26
—
apartment
2
2
848
$2,215
—
—
apartment
2
2
848
$2,198
—
—
condos
2
2
1,067
$2,600
—
—
apartment
2
2
848
$2,198
—
—
apartment
2
2
848
$2,198
—
—
apartment
2
2
848
$2,242
—
—
apartment
2
2
848
$2,215
—
—
apartment
2
2
848
$2,191
—
—
apartment
2
2
848
$2,218
—
—
apartment
2
2
848
$2,263
—
—
apartment
2
2
848
$2,223
—
—
apartment
2
2
848
$2,229
—
—
apartment
2
2
848
$2,244
—
—
apartment
2
2
848
$2,244
—
—
apartment
2
1
940
$2,615
—
—
apartment
2
2
848
$2,249
—
—
apartment
2
2
848
$2,284
—
—
apartment
2
2
848
$2,265
—
—
apartment
2
2
848
$2,254
—
—
apartment
2
2
842
$2,337
—
—
apartment
2
1
914
$2,783
—
—
apartment
2
2
842
$2,661
—
—
condos
2
2
1,149
$2,400
2026-08-27
—
condos
2
2
870
$2,700
2026-08-27
—
condos
2
2
1,126
$2,600
2026-08-25
—
condos
2
2
952
$2,500
2025-09-03
—
apartment
2
2
1,022
$2,400
2025-12-03
—
condos
2
2
1,014
$2,450
2026-08-26
—
condos
2
2
758
$2,150
2026-07-23
—
condos
2
2
758
$2,100
2026-08-09
—
condos
2
2
758
$2,250
2026-07-31
—
condos
2
2
758
$2,150
2026-08-02
—
condos
2
2
1,067
$2,400
2026-03-23
—
apartment
2
2
848
$2,269
—
—
apartment
2
2
1,000
$2,500
—
—
apartment
2
2
1,126
$2,700
—
—
apartment
2
1
940
$2,625
—
—
apartment
2
1
914
$2,687
—
—
apartment
2
1
914
$2,808
—
—
apartment
2
1
914
$2,773
—
—
apartment
2
2
842
$2,415
—
—
apartment
2
2
1,094
$2,962
—
—
apartment
2
2
1,158
$2,758
—
—
apartment
2
2
1,094
$2,892
—
—
apartment
2
2
1,109
$2,805
—
—
apartment
2
2
842
$2,584
—
—
apartment
2
2
1,109
$2,820
—
—
apartment
2
2
1,109
$2,830
—
—
apartment
2
2
842
$2,364
—
—
apartment
2
2
1,050
$2,850
2026-06-29
—
apartment
2
1
914
$2,677
—
—
apartment
2
1
914
$2,677
—
—
apartment
2
2
848
$2,249
—
—
apartment
2
2
848
$2,285
—
—
apartment
2
1
914
$2,732
—
—
apartment
2
2
1,158
$2,758
—
—
apartment
2
2
1,158
$2,773
—
—
apartment
2
2
905
$2,810
—
—
apartment
2
2
980
$2,935
—
—
apartment
2
2
905
$2,835
—
—
apartment
2
2
1,100
$2,000
2026-05-13
—
condos
2
2
1,113
$2,200
2026-08-31
—
condos
2
2
1,160
$2,600
2026-09-02
—
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.