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
$639,000
Down payment (20.0%)
$127,800
Loan amount
$511,200
Closing costs (5.0%)
$31,950
Total cash to close
$159,750
Income
Rent (comp-derived)
$3,766$45,192
Vacancy loss (8.0%)
Effective gross income
$3,465$41,577
Operating expenses
Property tax (placeholder 1.9% of price)
$1,012$12,141
Insurance (est. scaled by flood & wind risk)
$639$7,668
HOA dues
$0$0
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$188$2,260
Total operating expenses
$1,839$22,069
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)
$188$2,260
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
2
2
1,027
$3,275
2026-08-21
—
apartment
2
3
1,100
$3,200
2026-08-21
—
condos
2
2
1,107
$13,900
2026-08-20
—
condos
2
2
795
$3,700
2026-08-17
—
apartment
2
1
750
$2,650
2026-08-14
—
condos
2
2
976
$9,800
2026-08-13
—
condos
2
2
744
$3,450
2026-08-12
—
apartment
2
1
800
$2,240
2026-08-11
—
condos
2
1
660
$1,500
2026-08-11
—
apartment
2
1
915
$2,800
2026-08-11
—
condos
2
2
625
$2,400
2026-08-10
—
condos
2
2
997
$2,850
2026-08-09
—
condos
2
2
1,002
$3,500
2026-07-20
—
apartment
2
1
650
$1,850
2026-07-17
—
apartment
2
1
1,000
$2,750
2026-07-16
—
condos
2
2
845
$10,000
2026-07-14
—
condos
2
2
875
$11,000
2026-07-10
—
apartment
2
2
879
$2,850
2026-07-09
—
apartment
2
1
700
$2,695
2026-07-06
—
condos
2
2
846
$9,500
2026-07-06
—
apartment
2
2
980
$4,461
2026-07-05
—
condos
2
2
879
$2,950
2026-07-02
—
apartment
2
1
697
$2,800
2026-06-25
—
apartment
2
1
679
$3,395
2026-06-25
—
condos
2
3
1,092
$14,500
2026-06-25
—
condos
2
2
1,027
$2,800
2026-06-25
—
condos
2
2
981
$9,300
2026-06-23
—
apartment
2
1
900
$2,400
2026-06-22
—
condos
2
3
886
$12,000
2026-06-21
—
condos
2
2
625
$2,800
2026-06-17
—
condos
2
1
664
$2,600
2026-06-12
—
condos
2
2
845
$9,500
2026-06-11
—
condos
2
2
729
$2,800
2026-06-11
—
apartment
2
3
947
$4,150
2026-06-10
—
condos
2
2
1,072
$3,150
2026-06-01
—
apartment
2
1
1,000
$2,680
2026-05-12
—
condos
2
3
912
$3,850
2026-04-28
—
apartment
2
1
900
$2,700
2026-08-04
—
condos
2
2
981
$9,100
2026-08-03
—
apartment
2
1
750
$2,950
2026-07-30
—
apartment
2
1
720
$2,200
2026-07-28
—
apartment
2
1
623
$2,158
2025-07-08
—
condos
2
2
625
$2,400
2026-01-28
—
apartment
2
2
1,000
$4,400
2023-05-03
—
condos
2
2
845
$10,000
2026-04-08
—
condos
2
2
1,100
$4,400
—
—
condos
2
2
976
$8,450
—
—
condos
2
2
976
$8,700
—
—
apartment
2
2
1,054
$3,558
—
—
apartment
2
2
1,102
$3,806
—
—
apartment
2
2
1,102
$3,716
—
—
apartment
2
1
1,000
$2,000
2026-07-25
—
condos
2
2
1,011
$3,600
2026-05-15
—
condos
2
3
1,053
$5,900
2026-08-27
—
condos
2
1
900
$2,500
2026-08-27
—
apartment
2
1
985
$2,500
2026-08-25
—
condos
2
1
763
$2,750
2026-05-25
—
condos
2
1
843
$3,400
2026-04-13
—
condos
2
2
1,060
$4,750
2026-05-18
—
condos
2
2
1,100
$3,250
—
—
apartment
2
2
1,128
$4,836
—
—
apartment
2
2
1,100
$3,500
—
—
condos
2
2
976
$9,800
—
—
apartment
2
2
1,102
$3,746
—
—
apartment
2
2
980
$4,169
2026-09-02
—
apartment
2
2
980
$4,960
—
—
apartment
2
2
1,142
$3,786
—
—
apartment
2
2
1,100
$3,844
—
—
apartment
2
2
1,087
$3,927
—
—
apartment
2
2
1,138
$4,010
—
—
apartment
2
2
1,104
$4,008
—
—
apartment
2
2
1,101
$4,218
—
—
apartment
2
2
980
$4,315
—
—
apartment
2
2
980
$4,230
—
—
apartment
2
2
980
$4,260
—
—
apartment
2
2
881
$4,654
—
—
apartment
2
2
980
$4,395
—
—
apartment
2
2
980
$4,515
—
—
apartment
2
2
980
$4,893
—
—
apartment
2
2
980
$5,017
—
—
apartment
2
2
943
$4,933
—
—
apartment
2
2
980
$4,978
—
—
apartment
2
2
943
$4,911
—
—
condos
2
3
886
$15,500
2026-08-28
—
apartment
2
1
750
$2,500
2026-08-28
—
apartment
2
1
700
$2,695
2026-08-29
—
condos
2
2
1,184
$12,000
2026-08-31
—
condos
2
3
950
$4,400
2026-08-31
—
apartment
2
1
866
$2,400
2026-09-01
—
apartment
2
2
875
$2,200
2026-08-03
—
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.