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
$439,000
Down payment (20.0%)
$87,800
Loan amount
$351,200
Closing costs (5.0%)
$21,950
Total cash to close
$109,750
Income
Rent (comp-derived)
$2,450$29,400
Vacancy loss (8.0%)
Effective gross income
$2,254$27,048
Operating expenses
Property tax (placeholder 1.9% of price)
$695$8,341
Insurance (placeholder 0.8% of price)
$293$3,512
HOA dues
$520$6,240
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$123$1,470
Total operating expenses
$1,630$19,563
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)
$123$1,470
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
975
$2,550
2026-05-20
—
apartment
2
2
975
$2,550
2026-03-15
—
condos
2
1
768
$1,800
2026-01-30
—
condos
2
2
872
$2,340
2026-07-30
—
condos
2
2
894
$2,200
2026-06-05
—
condos
2
2
894
$2,200
2026-03-16
—
condos
2
2
740
$2,400
2026-08-19
—
condos
2
2
909
$2,190
2026-08-21
—
apartment
2
1
819
$2,800
2026-08-24
—
condos
2
1
880
$2,000
2026-05-26
—
condos
2
2
988
$2,380
2026-08-01
—
condos
2
2
807
$2,000
2025-07-02
—
condos
2
2
785
$2,400
2026-07-31
—
condos
2
2
785
$2,200
2026-07-20
—
condos
2
2
988
$2,400
2026-03-04
—
condos
2
2
892
$2,450
2026-07-21
—
condos
2
2
988
$2,950
2026-08-06
—
condos
2
2
841
$2,000
2026-04-15
—
condos
2
3
902
$2,350
2026-06-10
—
condos
2
2
902
$2,400
2026-05-03
—
condos
2
2
990
$2,600
2026-06-17
—
condos
2
2
988
$2,600
2026-07-07
—
condos
2
2
894
$2,400
2026-05-16
—
condos
2
2
862
$2,300
2026-07-22
—
condos
2
2
872
$2,450
2026-08-21
—
condos
2
2
767
$2,400
2024-09-20
—
apartment
2
1
890
$2,350
2026-06-23
—
condos
2
2
894
$2,650
2026-05-07
—
condos
2
2
894
$3,050
2026-06-10
—
condos
2
2
871
$2,100
2026-08-04
—
condos
2
2
767
$2,450
2026-06-17
—
condos
2
2
970
$2,500
2026-04-17
—
condos
2
2
858
$2,550
2026-08-02
—
condos
2
2
819
$2,350
2026-07-28
—
apartment
2
1
900
$2,500
2026-06-17
—
condos
2
2
824
$2,200
2026-08-11
—
condos
2
2
988
$2,500
2026-03-23
—
condos
2
4
970
$2,500
2026-03-25
—
condos
2
2
934
$2,600
2026-06-17
—
condos
2
2
740
$2,490
2026-06-17
—
condos
2
2
847
$2,500
2026-03-11
—
condos
2
1
907
$2,900
2026-04-28
—
condos
2
2
905
$2,700
2026-01-25
—
condos
2
2
943
$3,500
2026-08-16
—
condos
2
1
907
$2,600
2026-05-29
—
apartment
2
2
970
$3,000
—
—
apartment
2
2
982
$2,923
—
—
apartment
2
2
921
$2,698
—
—
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.