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
$925,000
Down payment (20.0%)
$185,000
Loan amount
$740,000
Closing costs (5.0%)
$46,250
Total cash to close
$231,250
Income
Rent (comp-derived)
$3,100$37,200
Vacancy loss (8.0%)
Effective gross income
$2,852$34,224
Operating expenses
Property tax (placeholder 1.9% of price)
$1,465$17,575
Insurance (placeholder 0.8% of price)
$617$7,400
HOA dues
$1,254$15,048
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$155$1,860
Total operating expenses
$3,490$41,883
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)
$155$1,860
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
1
2
1,034
$4,300
2026-08-21
—
condos
1
2
975
$4,800
2026-08-21
—
apartment
1
1.5
1,125
$4,515
2025-03-07
—
condos
1
2
1,076
$4,500
2026-08-20
—
condos
1
2
1,031
$3,900
2026-08-20
—
condos
1
1
1,035
$3,950
2026-08-19
—
condos
1
2
987
$2,800
2026-08-19
—
condos
1
2
975
$4,950
2026-08-18
—
condos
1
2
1,076
$4,250
2026-08-17
—
condos
1
1
945
$2,975
2026-08-12
—
condos
1
1
945
$2,875
2026-08-10
—
condos
1
2
1,056
$2,900
2026-08-07
—
condos
1
2
987
$3,600
2026-08-06
—
condos
1
1
945
$3,050
2026-07-27
—
condos
1
2
1,034
$4,700
2026-07-23
—
condos
1
2
1,078
$4,600
2026-07-21
—
condos
1
2
976
$4,600
2026-07-20
—
condos
1
1
1,035
$4,500
2026-07-19
—
condos
1
2
1,056
$3,200
2026-07-14
—
condos
1
2
963
$3,000
2026-07-14
—
condos
1
2
1,091
$7,500
2026-07-13
—
condos
1
2
963
$3,100
2026-07-07
—
condos
1
2
963
$3,300
2026-06-29
—
condos
1
1
1,035
$3,900
2026-06-26
—
condos
1
2
1,000
$3,150
2026-06-23
—
condos
1
2
1,107
$5,800
2026-06-17
—
condos
1
2
1,080
$4,000
2026-06-17
—
condos
1
1
935
$4,500
2026-06-16
—
condos
1
2
1,066
$3,100
2026-06-12
—
condos
1
2
952
$2,900
2026-06-11
—
condos
1
2
987
$2,850
2026-06-10
—
condos
1
2
963
$3,000
2026-05-29
—
condos
1
2
1,022
$6,350
2026-05-29
—
condos
1
1
945
$3,100
2026-05-28
—
condos
1
2
950
$4,300
2026-05-22
—
condos
1
2
983
$8,500
2026-05-20
—
apartment
1
2
1,167
$4,500
2026-05-16
—
condos
1
2
952
$3,200
2026-05-12
—
condos
1
2
1,037
$6,250
2026-05-11
—
condos
1
2
983
$21,217
2026-05-08
—
condos
1
1
986
$3,800
2026-05-06
—
condos
1
2
1,087
$3,700
2026-05-04
—
condos
1
2
1,040
$3,200
2026-08-04
—
condos
1
2
1,000
$3,200
2026-08-03
—
condos
1
2
968
$2,950
2026-07-31
—
apartment
1
2
1,022
$6,000
2026-07-31
—
condos
1
2
987
$3,000
2026-07-29
—
condos
1
2
950
$4,300
2026-07-27
—
apartment
1
2
1,128
$3,300
2024-04-02
—
condos
1
2
1,248
$12,250
2026-03-18
—
condos
1
2
987
$3,000
2026-04-27
—
condos
1
2
1,000
$3,650
2026-02-03
—
condos
1
1
928
$3,165
2026-04-06
—
condos
1
2
1,114
$7,650
2026-03-15
—
condos
1
2
1,376
$6,800
2026-01-28
—
condos
1
1
984
$3,700
2026-08-26
—
condos
1
2
983
$11,000
2025-11-09
—
condos
1
1
984
$4,500
2026-04-09
—
condos
1
2
1,100
$5,400
2026-04-10
—
condos
1
2
1,107
$6,000
2026-03-09
—
apartment
1
1
928
$3,070
—
—
apartment
1
2
1,056
$3,390
—
—
apartment
1
2
1,076
$5,500
—
—
apartment
1
1
984
$3,850
—
—
condos
1
2
1,076
$3,800
2026-08-28
—
condos
1
2
981
$3,300
2026-08-28
—
condos
1
2
950
$5,300
2026-08-26
—
condos
1
1
1,035
$3,950
2026-04-06
—
condos
1
1
984
$3,700
—
—
condos
1
2
1,000
$4,300
—
—
apartment
1
1
928
$3,080
—
—
apartment
1
1
928
$3,040
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,040
—
—
apartment
1
1
928
$3,025
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,080
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,040
—
—
apartment
1
1
928
$3,025
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,025
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,035
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,045
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,050
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,040
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,080
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,035
—
—
apartment
1
1
928
$3,025
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,035
—
—
apartment
1
1
928
$3,020
—
—
apartment
1
1
928
$3,060
—
—
apartment
1
1
928
$3,070
—
—
apartment
1
1
928
$3,040
—
—
apartment
1
1
928
$3,080
—
—
condos
1
2
1,034
$4,700
—
—
condos
1
2
1,022
$6,000
—
—
apartment
1
1
1,065
$8,710
2025-09-11
—
condos
1
2
976
$4,500
2026-08-28
—
condos
1
2
981
$3,250
2026-08-29
—
condos
1
2
987
$3,250
2026-08-29
—
apartment
1
3
1,203
$13,500
2026-08-29
—
condos
1
2
1,040
$3,200
—
—
condos
1
2
981
$3,250
—
—
condos
1
1
945
$3,100
2026-08-31
—
condos
1
2
1,000
$3,500
2026-08-31
—
condos
1
1
947
$3,400
2026-08-31
—
condos
1
1
935
$3,500
2026-08-31
—
condos
1
2
981
$3,300
—
—
condos
1
2
976
$4,500
—
—
condos
1
2
1,031
$3,900
2026-09-02
—
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.