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
$225,000
Down payment (20.0%)
$45,000
Loan amount
$180,000
Closing costs (5.0%)
$11,250
Total cash to close
$56,250
Income
Rent (comp-derived)
$1,900$22,800
Vacancy loss (8.0%)
Effective gross income
$1,748$20,976
Operating expenses
Property tax (placeholder 1.9% of price)
$356$4,275
Insurance (placeholder 0.8% of price)
$150$1,800
HOA dues
$450$5,400
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$95$1,140
Total operating expenses
$1,051$12,615
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)
$95$1,140
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
1
1
805
$1,965
2026-06-16
—
apartment
1
1
738
$2,048
2025-07-22
—
apartment
1
1
1,050
$2,040
2026-05-23
—
condos
1
1
749
$1,800
2026-08-12
—
apartment
1
1
851
$1,950
2026-08-17
—
condos
1
2
943
$1,650
2026-07-01
—
condos
1
1
750
$1,800
2026-08-17
—
condos
1
1
679
$1,800
2026-08-10
—
apartment
1
2
982
$1,800
2026-06-18
—
apartment
1
1
700
$1,700
2026-06-30
—
condos
1
1
887
$1,750
2026-07-29
—
condos
1
1
763
$1,850
2026-07-14
—
condos
1
2
943
$2,200
2026-05-24
—
condos
1
1
782
$1,800
2026-07-14
—
condos
1
1
639
$1,800
2026-06-23
—
condos
1
1
749
$1,700
2026-07-16
—
apartment
1
1
750
$1,900
2026-08-25
—
condos
1
2
989
$1,900
2026-08-21
—
apartment
1
2
1,136
$1,800
2026-08-13
—
condos
1
1
870
$2,000
2026-08-24
—
apartment
1
1
660
$1,600
2026-07-31
—
apartment
1
1
749
$1,775
2026-06-01
—
condos
1
1
648
$1,750
2026-08-22
—
condos
1
1
887
$2,000
2026-08-18
—
apartment
1
1
1,000
$2,099
2026-08-14
—
apartment
1
1
1,094
$1,500
2026-07-16
—
condos
1
1
752
$2,000
2026-08-17
—
condos
1
2
977
$1,780
2026-08-12
—
apartment
1
1
870
$1,899
2026-08-18
—
condos
1
2
943
$1,700
2026-05-22
—
condos
1
1
870
$1,800
2026-08-10
—
apartment
1
1
660
$1,700
2026-07-11
—
condos
1
2
1,000
$2,088
2026-08-14
—
condos
1
2
982
$1,750
2026-06-08
—
condos
1
2
977
$1,900
2026-08-17
—
apartment
1
1
870
$1,850
2026-08-06
—
condos
1
1
695
$1,800
2026-07-29
—
condos
1
1
678
$1,800
2026-04-20
—
condos
1
2
1,136
$1,850
2026-06-23
—
condos
1
1
740
$1,700
2026-07-05
—
condos
1
1
870
$1,850
2026-07-20
—
condos
1
2
883
$1,800
2025-10-26
—
condos
1
1
870
$1,799
2026-07-31
—
condos
1
1
870
$1,790
2026-06-11
—
condos
1
1
695
$1,750
2026-08-11
—
condos
1
2
774
$2,119
2026-08-14
—
condos
1
1
660
$1,730
2026-05-11
—
condos
1
2
883
$1,800
2026-05-14
—
condos
1
1
870
$1,900
2026-08-12
—
condos
1
1
679
$1,900
2026-04-13
—
apartment
1
1
750
$1,800
2026-05-20
—
apartment
1
1
774
$2,154
—
—
apartment
1
1
774
$2,183
—
—
apartment
1
1
774
$2,154
—
—
apartment
1
1
774
$2,151
—
—
apartment
1
1
774
$2,160
—
—
apartment
1
1
1,000
$2,159
—
—
apartment
1
2
982
$1,950
—
—
apartment
1
1
805
$1,890
—
—
apartment
1
1
750
$1,800
2026-05-20
—
apartment
1
1
805
$2,193
—
—
apartment
1
1
870
$2,175
—
—
apartment
1
1
1,000
$2,165
—
—
apartment
1
1
805
$1,890
—
—
apartment
1
1
805
$1,939
—
—
apartment
1
1
775
$2,011
—
—
apartment
1
1
738
$2,220
—
—
apartment
1
1
738
$2,629
—
—
apartment
1
2
1,000
$2,233
—
—
apartment
1
1
775
$2,077
—
—
apartment
1
2
1,000
$2,187
—
—
apartment
1
1
1,000
$2,171
—
—
apartment
1
1
738
$2,635
—
—
apartment
1
2
1,000
$2,233
—
—
apartment
1
1
738
$2,949
—
—
apartment
1
1
738
$2,046
—
—
apartment
1
1
738
$2,252
—
—
apartment
1
1
738
$2,247
—
—
apartment
1
1
738
$2,292
—
—
apartment
1
1
775
$2,038
—
—
apartment
1
1
738
$2,701
—
—
apartment
1
1
738
$2,060
—
—
condos
1
1
679
$1,900
2026-08-29
—
condos
1
1
679
$1,850
2026-08-29
—
condos
1
2
982
$1,750
2026-08-29
—
condos
1
1
870
$1,850
2026-08-29
—
condos
1
2
883
$1,700
2026-09-02
—
condos
1
1
763
$1,850
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.