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
$309,900
Down payment (20.0%)
$61,980
Loan amount
$247,920
Closing costs (5.0%)
$15,495
Total cash to close
$77,475
Income
Rent (comp-derived)
$2,200$26,400
Vacancy loss (8.0%)
Effective gross income
$2,024$24,288
Operating expenses
Property tax (placeholder 1.9% of price)
$491$5,888
Insurance (est. scaled by flood & wind risk)
$310$3,719
HOA dues
$150$1,800
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$110$1,320
Total operating expenses
$1,061$12,727
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)
$110$1,320
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
2
1
796
$1,850
2026-08-21
—
condos
2
2
1,000
$2,000
2026-08-21
—
condos
2
2
827
$2,150
2026-08-20
—
condos
2
2
896
$2,300
2026-08-20
—
condos
2
2
750
$2,400
2026-08-20
—
condos
2
2
866
$2,100
2026-08-19
—
condos
2
2
1,130
$2,150
2026-08-19
—
condos
2
3
1,210
$2,450
2026-08-19
—
condos
2
2
1,074
$2,250
2026-08-18
—
condos
2
1
721
$2,400
2026-08-18
—
condos
2
2
1,000
$2,600
2026-08-18
—
condos
2
2
1,090
$2,200
2026-08-17
—
condos
2
2
1,130
$2,000
2026-08-17
—
condos
2
1
867
$2,250
2026-08-17
—
condos
2
2
750
$2,000
2026-08-15
—
condos
2
2
880
$2,300
2026-08-28
—
apartment
2
2
1,130
$2,150
2026-08-13
—
apartment
2
2
800
$2,450
2026-08-12
—
condos
2
2
760
$2,200
2026-08-12
—
condos
2
3
1,450
$2,400
2026-08-11
—
condos
2
2
912
$2,050
2026-08-10
—
condos
2
2
917
$2,200
2026-08-09
—
condos
2
2
800
$2,200
2026-08-06
—
condos
2
2
887
$2,250
2026-07-24
—
condos
2
2
896
$2,100
2026-07-23
—
condos
2
2
866
$2,200
2026-07-21
—
condos
2
2
825
$2,100
2026-07-18
—
condos
2
2
912
$2,000
2026-07-15
—
apartment
2
1
867
$2,200
2026-07-13
—
condos
2
1
784
$1,900
2026-07-13
—
condos
2
3
1,060
$2,200
2026-07-11
—
apartment
2
2
896
$2,200
2026-07-11
—
condos
2
2
944
$2,350
2026-07-09
—
condos
2
2
968
$2,200
2026-07-09
—
condos
2
2
895
$2,350
2026-07-08
—
condos
2
3
1,060
$2,500
2026-07-20
—
condos
2
2
1,000
$2,200
2026-07-07
—
condos
2
2
944
$2,000
2026-07-02
—
condos
2
2
827
$2,250
2026-07-01
—
condos
2
1
828
$2,195
2026-06-30
—
condos
2
2
840
$2,600
2026-06-25
—
condos
2
2
1,132
$2,200
2026-06-17
—
condos
2
2
1,074
$2,000
2026-06-12
—
condos
2
2
896
$2,200
2026-06-12
—
condos
2
2
1,050
$2,100
2026-06-12
—
condos
2
2
912
$2,000
2026-06-10
—
condos
2
2
896
$2,200
2026-06-08
—
apartment
2
2
912
$1,980
2026-06-08
—
condos
2
2
1,097
$2,300
2026-05-29
—
condos
2
2
1,143
$2,000
2026-05-20
—
apartment
2
2
887
$2,150
2026-05-19
—
apartment
2
1
828
$2,000
2026-05-18
—
apartment
2
1
721
$2,075
2026-05-13
—
condos
2
2
862
$1,975
2026-08-04
—
apartment
2
2
1,090
$2,250
2026-08-04
—
condos
2
2
750
$2,150
2026-08-04
—
condos
2
1
867
$2,250
2026-08-04
—
condos
2
1
796
$2,100
2026-07-30
—
condos
2
1
900
$2,350
2026-07-28
—
condos
2
3
824
$2,300
2026-07-28
—
condos
2
2
1,156
$2,200
2026-08-25
—
condos
2
1
867
$2,075
2026-08-24
—
apartment
2
1
784
$2,150
2026-08-24
—
condos
2
3
1,060
$2,400
2026-04-01
—
apartment
2
3
824
$2,350
2026-03-22
—
condos
2
2
820
$2,400
—
—
apartment
2
2
810
$2,300
—
—
apartment
2
2
810
$2,300
—
—
apartment
2
2
810
$2,300
—
—
apartment
2
2
810
$2,300
—
—
apartment
2
2
1,126
$2,807
—
—
apartment
2
3
824
$2,250
2026-08-28
—
condos
2
3
824
$2,450
2026-08-27
—
condos
2
2
768
$2,200
2026-08-27
—
condos
2
2
1,156
$2,000
2026-08-25
—
condos
2
2
950
$2,100
2026-08-26
—
condos
2
2
1,132
$2,200
2026-08-26
—
apartment
2
1
784
$2,100
2026-08-25
—
condos
2
2
862
$1,975
2026-08-26
—
condos
2
2
887
$2,000
2026-08-25
—
condos
2
1
867
$2,200
2026-08-25
—
condos
2
2
1,100
$2,200
2026-08-26
—
apartment
2
2
1,126
$2,867
—
—
apartment
2
2
1,126
$3,177
—
—
apartment
2
2
1,126
$3,197
—
—
apartment
2
2
1,126
$3,207
—
—
condos
2
1
965
$2,300
2026-08-31
—
apartment
2
2
1,000
$2,350
2026-09-01
—
condos
2
2
1,000
$2,300
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.