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
$150,000
Down payment (20.0%)
$30,000
Loan amount
$120,000
Closing costs (5.0%)
$7,500
Total cash to close
$37,500
Income
Rent (comp-derived)
$2,050$24,600
Vacancy loss (8.0%)
Effective gross income
$1,886$22,632
Operating expenses
Property tax (placeholder 1.9% of price)
$238$2,850
Insurance (placeholder 0.8% of price)
$100$1,200
HOA dues
$1,218$14,616
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$103$1,230
Total operating expenses
$1,658$19,896
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)
$103$1,230
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
0
1
420
$1,850
2026-05-10
—
condos
0
1
360
$1,950
2026-08-21
—
condos
0
1
410
$1,745
2026-01-26
—
condos
0
1
420
$2,100
2026-08-21
—
condos
0
1
377
$1,600
2026-06-01
—
condos
0
1
448
$1,600
2024-10-17
—
apartment
0
1
360
$2,200
2025-11-02
—
condos
0
1
410
$1,850
2026-06-17
—
condos
0
1
410
$1,850
2026-06-23
—
condos
0
1
360
$1,750
2026-08-04
—
condos
0
1
360
$2,000
2025-03-14
—
condos
0
1
360
$2,100
2026-06-22
—
condos
0
1
448
$1,750
2026-04-22
—
condos
0
1
360
$1,950
2026-02-26
—
condos
0
1
410
$1,999
2026-01-05
—
condos
0
1
360
$1,895
2024-06-17
—
condos
0
1
410
$2,200
2026-05-13
—
condos
0
1
360
$2,000
2026-02-19
—
condos
0
1
420
$2,950
2026-08-02
—
condos
0
1
430
$2,600
2025-08-13
—
condos
0
1
430
$2,700
2025-08-13
—
condos
0
1
360
$3,000
2023-11-06
—
condos
0
1
430
$2,800
2025-08-09
—
condos
0
1
360
$1,999
2026-07-05
—
condos
0
1
360
$1,800
2025-11-18
—
condos
0
1
360
$2,200
2026-07-18
—
condos
0
1
410
$2,200
2024-07-19
—
condos
0
1
370
$3,300
2026-07-16
—
condos
0
1
360
$2,300
2024-06-14
—
condos
0
1
410
$2,300
2024-06-13
—
condos
0
1
360
$2,400
2026-03-03
—
condos
0
1
360
$1,950
2026-08-17
—
condos
0
1
410
$2,400
2026-08-29
—
condos
0
1
360
$10,392
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.