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
$585,000
Down payment (20.0%)
$117,000
Loan amount
$468,000
Closing costs (5.0%)
$29,250
Total cash to close
$146,250
Income
Rent (comp-derived)
$3,300$39,600
Vacancy loss (8.0%)
Effective gross income
$3,036$36,432
Operating expenses
Property tax (placeholder 1.9% of price)
$926$11,115
Insurance (placeholder 0.8% of price)
$390$4,680
HOA dues
$0$0
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$165$1,980
Total operating expenses
$1,481$17,775
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)
$165$1,980
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
3
2
1,378
$3,299
—
—
single_family
3
2
1,553
$3,240
—
—
single_family
3
2
1,412
$3,295
—
—
single_family
3
2
1,308
$3,200
2026-08-18
—
single_family
3
2
1,453
$3,350
2026-08-26
—
single_family
3
2
1,367
$3,300
2026-08-23
—
single_family
3
2
1,628
$3,950
—
—
single_family
3
2
1,130
$3,500
2026-08-12
—
single_family
3
2
1,340
$3,500
2026-08-12
—
single_family
3
2
1,410
$3,400
2026-08-11
—
single_family
3
2
1,632
$4,200
2026-07-03
—
single_family
3
2
1,170
$3,200
2026-08-20
—
single_family
3
3
1,412
$3,200
2026-06-12
—
single_family
3
2
1,450
$3,400
—
—
single_family
3
3
1,650
$3,000
—
—
single_family
3
2
1,200
$3,500
—
—
single_family
3
3
1,545
$3,000
—
—
single_family
3
3
1,650
$3,150
—
—
single_family
3
2
1,523
$4,150
—
—
single_family
3
2
1,150
$2,850
—
—
single_family
3
2
1,090
$3,200
—
—
single_family
3
3
1,644
$3,300
—
—
single_family
3
3
1,583
$3,400
—
—
single_family
3
3
1,708
$3,100
—
—
single_family
3
3
1,708
$3,400
—
—
single_family
3
2
1,184
$3,100
—
—
single_family
3
3
1,540
$3,100
—
—
single_family
3
3
1,540
$3,500
—
—
single_family
3
3
1,650
$3,400
—
—
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.