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
$199,000
Down payment (20.0%)
$39,800
Loan amount
$159,200
Closing costs (5.0%)
$9,950
Total cash to close
$49,750
Income
Rent (comp-derived)
$2,150$25,800
Vacancy loss (8.0%)
Effective gross income
$1,978$23,736
Operating expenses
Property tax (placeholder 1.9% of price)
$315$3,781
Insurance (est. scaled by flood & wind risk)
$292$3,502
HOA dues
$135$1,620
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$108$1,290
Total operating expenses
$849$10,193
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)
$108$1,290
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
0
1
—
$1,795
2026-06-24
—
apartment
0
1
5,880
$1,200
2026-08-22
—
condos
0
1
554
$1,780
2026-07-08
—
condos
0
1
260
$1,575
2026-05-19
—
condos
0
1
315
$1,450
2026-06-09
—
condos
0
1
400
$2,100
2026-08-20
—
apartment
0
1
390
$1,800
2026-05-29
—
condos
0
1
396
$1,800
2026-04-02
—
condos
0
1
400
$1,800
2026-03-28
—
condos
0
1
340
$1,700
2026-08-04
—
condos
0
1
566
$1,950
2026-07-27
—
condos
0
1
600
$2,100
2026-01-04
—
condos
0
1
460
$1,950
2026-02-12
—
condos
0
1
465
$2,200
2026-08-18
—
condos
0
1
694
$3,000
2026-07-13
—
condos
0
1
260
$1,750
2026-07-13
—
condos
0
1
230
$1,700
2026-08-16
—
apartment
0
1
310
$1,800
2026-05-19
—
condos
0
1
384
$1,745
2026-07-22
—
condos
0
1
550
$5,000
2026-08-13
—
condos
0
1
352
$1,745
2026-07-22
—
condos
0
1
384
$1,745
2026-07-22
—
condos
0
1
370
$1,745
2026-07-22
—
condos
0
1
550
$2,490
2026-08-06
—
condos
0
1
400
$2,200
2026-08-03
—
condos
0
1
550
$2,590
2026-07-02
—
condos
0
1
502
$2,295
2026-05-28
—
condos
0
1
600
$5,000
2026-07-02
—
condos
0
1
566
$2,500
2026-08-04
—
condos
0
1
525
$4,500
2026-08-11
—
condos
0
1
600
$3,000
2025-11-25
—
condos
0
1
600
$2,250
2026-06-26
—
condos
0
1
600
$3,100
2026-05-06
—
apartment
0
1
390
$2,500
2026-07-06
—
condos
0
1
420
$3,100
2025-01-30
—
condos
0
1
400
$3,200
2025-10-29
—
condos
0
1
550
$5,500
2026-08-13
—
apartment
0
1
390
$2,500
2026-07-06
—
condos
0
1
770
$3,150
2026-03-19
—
condos
0
1
544
$11,000
2025-08-08
—
apartment
0
—
1,350
$6,950
2026-06-03
—
condos
0
1
566
$1,880
2026-08-28
—
condos
0
1
600
$2,400
2026-08-28
—
condos
0
1
315
$1,600
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.