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
$415,000
Down payment (20.0%)
$83,000
Loan amount
$332,000
Closing costs (5.0%)
$20,750
Total cash to close
$103,750
Income
Rent (comp-derived)
$3,126$37,512
Vacancy loss (8.0%)
Effective gross income
$2,876$34,511
Operating expenses
Property tax (placeholder 1.9% of price)
$657$7,885
Insurance (placeholder 0.8% of price)
$277$3,320
HOA dues
$706$8,472
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$156$1,876
Total operating expenses
$1,796$21,553
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)
$156$1,876
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
1,044
$2,600
2026-08-19
—
condos
2
2
933
$2,400
2026-08-17
—
condos
2
2
1,140
$2,700
2026-08-13
—
apartment
2
1
804
$1,950
2026-08-13
—
condos
2
2
1,352
$3,875
2026-08-12
—
condos
2
1
804
$2,150
2026-08-11
—
condos
2
3
1,145
$3,600
2026-08-10
—
condos
2
2
938
$2,500
2026-08-09
—
condos
2
1
804
$1,900
2026-08-07
—
condos
2
2
1,140
$2,300
2026-08-05
—
condos
2
2
1,347
$3,500
2026-07-25
—
apartment
2
1
800
$2,400
2026-07-24
—
condos
2
1
730
$2,188
2026-07-22
—
apartment
2
2
1,140
$2,400
2026-07-22
—
condos
2
2
1,352
$3,500
2026-07-15
—
apartment
2
1
804
$2,050
2026-06-30
—
condos
2
2
942
$3,150
2026-06-25
—
apartment
2
2
1,000
$2,200
2026-06-23
—
apartment
2
2
1,211
$3,500
2026-06-06
—
condos
2
1
795
$2,500
2026-06-05
—
condos
2
2
1,140
$2,750
2026-06-02
—
condos
2
1
786
$2,388
2026-05-28
—
condos
2
1
804
$2,150
2026-05-25
—
condos
2
1
804
$2,100
2026-05-19
—
condos
2
1
804
$1,975
2026-05-15
—
condos
2
2
1,140
$2,550
2026-05-07
—
apartment
2
1
672
$2,350
2026-04-30
—
condos
2
2
933
$2,150
2026-08-03
—
condos
2
1
804
$2,100
2026-08-01
—
condos
2
2
912
$2,100
2026-07-29
—
condos
2
2
1,075
$2,580
2026-04-08
—
condos
2
2
1,000
$2,100
2025-10-16
—
condos
2
2
1,075
$2,450
2026-08-24
—
condos
2
1
804
$2,350
2026-02-06
—
condos
2
2
1,075
$2,300
2026-04-22
—
condos
2
1
804
$2,400
2026-04-22
—
condos
2
1
804
$2,250
—
—
apartment
2
2
1,123
$5,150
—
—
apartment
2
2
1,069
$5,005
—
—
apartment
2
2
1,069
$5,005
—
—
apartment
2
2
1,328
$3,595
—
—
apartment
2
2
1,256
$3,635
—
—
apartment
2
2
1,252
$3,592
—
—
apartment
2
2
1,036
$3,086
—
—
apartment
2
2
1,200
$1,790
2026-07-23
—
condos
2
1
842
$2,450
2026-06-18
—
condos
2
1
804
$2,300
2026-08-27
—
condos
2
2
1,042
$2,700
2026-08-27
—
condos
2
1
730
$2,500
2026-08-25
—
condos
2
2
1,010
$2,600
2026-02-23
—
condos
2
2
750
$2,200
2026-04-22
—
apartment
2
2
960
$3,240
—
—
apartment
2
2
1,040
$3,582
—
—
apartment
2
2
1,139
$3,566
—
—
apartment
2
2
1,160
$3,382
—
—
apartment
2
2
1,146
$3,292
—
—
apartment
2
2
950
$4,965
—
—
apartment
2
2
1,231
$3,652
—
—
apartment
2
2
1,195
$3,857
—
—
apartment
2
2
1,204
$4,027
—
—
apartment
2
1
931
$2,968
—
—
apartment
2
2
1,213
$5,525
—
—
apartment
2
2
1,036
$3,116
—
—
apartment
2
2
1,036
$3,131
—
—
apartment
2
2
950
$3,121
—
—
apartment
2
2
1,160
$3,297
—
—
apartment
2
2
1,122
$3,452
—
—
apartment
2
2
1,040
$3,251
—
—
apartment
2
2
1,027
$3,423
—
—
apartment
2
2
1,170
$3,594
—
—
apartment
2
2
1,186
$3,642
—
—
apartment
2
2
1,146
$3,712
—
—
apartment
2
2
1,252
$3,642
—
—
apartment
2
2
1,231
$3,642
—
—
apartment
2
2
1,050
$3,749
—
—
apartment
2
2
1,027
$3,666
—
—
apartment
2
2
1,252
$3,732
—
—
apartment
2
2
1,050
$3,749
—
—
apartment
2
2
1,328
$3,922
—
—
apartment
2
2
1,204
$3,877
—
—
apartment
2
2
1,204
$3,887
—
—
apartment
2
2
1,186
$4,087
—
—
apartment
2
2
1,338
$4,063
—
—
apartment
2
2
1,338
$4,033
—
—
apartment
2
2
1,170
$4,017
—
—
apartment
2
2
1,148
$4,170
—
—
apartment
2
2
1,338
$4,033
—
—
condos
2
1
730
$2,395
2026-08-29
—
condos
2
2
954
$2,900
2026-08-31
—
condos
2
1
730
$2,150
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.