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
$230,000
Down payment (20.0%)
$46,000
Loan amount
$184,000
Closing costs (5.0%)
$11,500
Total cash to close
$57,500
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)
$364$4,370
Insurance (placeholder 0.8% of price)
$153$1,840
HOA dues
$265$3,180
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$108$1,290
Total operating expenses
$890$10,680
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
2
2
1,193
$2,782
—
—
apartment
2
2
1,240
$2,782
—
—
condos
2
2
960
$2,150
2026-07-21
—
condos
2
1
1,280
$1,900
2026-08-20
—
condos
2
2
905
$2,150
2026-08-19
—
condos
2
2
840
$1,950
2026-06-30
—
condos
2
2
850
$2,000
2026-07-08
—
condos
2
2
948
$2,000
2026-03-11
—
condos
2
2
940
$2,300
2026-08-06
—
condos
2
2
960
$2,000
2026-07-22
—
apartment
2
2
812
$2,100
2026-08-19
—
condos
2
2
960
$1,950
2026-05-01
—
condos
2
2
960
$1,900
2025-09-10
—
condos
2
2
1,000
$1,900
2026-06-09
—
condos
2
2
960
$1,900
2026-07-13
—
condos
2
2
830
$2,100
2026-08-07
—
condos
2
2
840
$2,000
2026-06-17
—
condos
2
2
1,024
$2,500
2026-07-24
—
condos
2
2
812
$2,000
2026-05-07
—
condos
2
2
743
$2,000
2026-08-05
—
condos
2
2
830
$2,000
2026-08-14
—
condos
2
2
960
$2,400
2026-06-17
—
condos
2
2
870
$2,100
2026-06-02
—
condos
2
2
765
$2,450
2026-06-10
—
condos
2
2
770
$2,400
2026-07-07
—
condos
2
2
960
$2,000
2026-06-22
—
condos
2
2
750
$2,100
2026-08-15
—
condos
2
2
960
$2,075
2026-07-19
—
condos
2
2
750
$2,100
2026-07-23
—
condos
2
2
1,000
$1,950
2026-06-23
—
condos
2
2
743
$1,900
2026-06-17
—
apartment
2
2
800
$2,100
2026-08-03
—
condos
2
2
817
$2,000
2026-07-29
—
condos
2
2
960
$2,350
2026-06-07
—
condos
2
2
960
$2,150
2026-07-15
—
condos
2
2
1,150
$2,600
2026-08-07
—
condos
2
2
960
$2,250
2026-08-08
—
condos
2
2
890
$2,000
2026-07-15
—
condos
2
2
800
$2,100
2026-04-22
—
condos
2
2
750
$2,400
2026-07-31
—
condos
2
2
812
$2,200
2025-12-03
—
condos
2
2
765
$2,400
2025-11-12
—
condos
2
2
778
$1,950
2026-06-08
—
condos
2
2
940
$2,200
2026-08-06
—
apartment
2
2
1,024
$2,400
2026-08-27
—
condos
2
2
893
$2,200
2026-06-17
—
condos
2
2
760
$2,000
2026-08-14
—
apartment
2
2
900
$2,300
2026-08-20
—
apartment
2
2
800
$2,300
2026-08-20
—
condos
2
2
812
$2,100
2026-05-18
—
apartment
2
2
890
$2,450
2026-06-03
—
condos
2
2
747
$2,300
2026-07-01
—
condos
2
2
750
$2,350
2026-06-24
—
condos
2
2
960
$2,300
2026-07-16
—
apartment
2
2
775
$2,200
2026-08-17
—
condos
2
2
960
$2,150
2026-07-21
—
condos
2
2
812
$2,000
2026-06-01
—
condos
2
2
950
$2,200
2026-04-15
—
condos
2
2
996
$2,500
2026-06-12
—
condos
2
2
769
$2,200
2026-03-13
—
condos
2
2
830
$2,150
2026-08-04
—
condos
2
2
960
$2,200
2026-05-07
—
condos
2
2
935
$2,100
2026-08-04
—
condos
2
2
840
$2,050
2026-07-06
—
condos
2
2
954
$2,250
2026-07-01
—
condos
2
2
890
$2,250
2026-07-10
—
condos
2
2
993
$2,300
2026-08-04
—
condos
2
2
750
$2,300
2026-06-07
—
condos
2
2
830
$2,200
2026-07-29
—
condos
2
2
870
$2,200
2026-06-29
—
condos
2
2
778
$2,100
2026-08-13
—
condos
2
2
884
$2,100
2025-10-30
—
condos
2
2
962
$2,250
2026-06-17
—
condos
2
2
948
$2,000
2026-05-05
—
apartment
2
2
1,200
$2,100
2025-03-14
—
condos
2
2
885
$2,255
2026-08-19
—
apartment
2
2
1,193
$2,782
—
—
apartment
2
2
1,193
$2,737
—
—
apartment
2
2
1,240
$2,807
—
—
apartment
2
2
1,294
$2,912
—
—
apartment
2
2
1,294
$2,862
—
—
apartment
2
2
1,044
$3,492
—
—
apartment
2
3
1,290
$3,298
—
—
apartment
2
1
900
$2,100
—
—
condos
2
2
1,208
$2,500
2026-08-30
—
condos
2
2
779
$2,000
2026-08-31
—
apartment
2
2
696
$2,100
2026-09-01
—
apartment
2
2
890
$2,050
2026-09-01
—
condos
2
2
960
$2,100
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.