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
$535,000
Down payment (20.0%)
$107,000
Loan amount
$428,000
Closing costs (5.0%)
$26,750
Total cash to close
$133,750
Income
Rent (comp-derived)
$3,200$38,400
Vacancy loss (8.0%)
Effective gross income
$2,944$35,328
Operating expenses
Property tax (placeholder 1.9% of price)
$847$10,165
Insurance (placeholder 0.8% of price)
$357$4,280
HOA dues
$0$0
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$160$1,920
Total operating expenses
$1,364$16,365
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)
$160$1,920
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
single_family
4
2
1,580
$3,200
2026-08-14
—
single_family
4
2
1,793
$2,600
2026-08-09
—
single_family
4
2
1,260
$2,512
2026-05-24
—
single_family
4
2
1,385
$3,000
2026-08-11
—
single_family
4
3
1,670
$3,200
2026-08-13
—
single_family
4
2
1,750
$2,795
2026-07-28
—
single_family
4
2
1,670
$3,300
2026-08-25
—
single_family
4
2
1,496
$3,500
2026-08-24
—
single_family
4
2
1,828
$4,000
2026-08-17
—
single_family
4
3
1,580
$2,800
2026-05-22
—
single_family
4
2
1,250
$3,300
2026-05-12
—
single_family
4
2
1,397
$3,100
2026-06-03
—
single_family
4
2
1,967
$3,200
2026-07-17
—
single_family
4
2
1,684
$3,650
2026-08-10
—
single_family
4
3
1,680
$4,400
2025-09-24
—
single_family
4
2
1,670
$3,500
2026-08-11
—
single_family
4
3
1,680
$4,400
—
—
single_family
4
3
1,599
$2,990
—
—
single_family
4
2
1,765
$2,975
—
—
single_family
4
4
1,592
$3,000
—
—
single_family
4
3
1,762
$3,200
—
—
single_family
4
3
1,408
$2,900
—
—
single_family
4
3
1,460
$2,999
—
—
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.