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
$389,500
Down payment (20.0%)
$77,900
Loan amount
$311,600
Closing costs (5.0%)
$19,475
Total cash to close
$97,375
Income
Rent (comp-derived)
$2,599$31,188
Vacancy loss (8.0%)
Effective gross income
$2,391$28,693
Operating expenses
Property tax (placeholder 1.9% of price)
$617$7,401
Insurance (placeholder 0.8% of price)
$260$3,116
HOA dues
$841$10,092
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$130$1,559
Total operating expenses
$1,847$22,168
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)
$130$1,559
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
1
1.5
950
$2,325
2025-01-03
—
condos
1
2
1,032
$1,900
2026-07-30
—
apartment
1
2
943
$2,200
2026-08-19
—
condos
1
2
1,066
$1,950
2026-07-09
—
condos
1
2
1,066
$1,800
2026-07-14
—
condos
1
2
1,005
$1,950
2026-08-27
—
condos
1
2
1,005
$1,950
2026-08-27
—
condos
1
2
1,066
$1,900
2026-08-23
—
condos
1
1
1,005
$3,464
2026-08-28
—
condos
1
2
1,066
$1,750
2026-05-24
—
condos
1
2
1,000
$2,550
2026-08-24
—
condos
1
2
1,000
$2,400
2026-08-25
—
condos
1
1
1,000
$2,275
2026-08-26
—
condos
1
2
1,066
$1,900
2026-04-14
—
condos
1
2
1,000
$3,000
2026-08-25
—
condos
1
2
1,005
$2,500
2026-08-25
—
condos
1
1
1,005
$2,000
2026-03-11
—
condos
1
1
893
$2,400
2026-06-17
—
condos
1
2
1,005
$2,000
2026-02-27
—
condos
1
1
960
$4,100
2026-08-27
—
condos
1
2
1,005
$1,900
2026-04-10
—
condos
1
2
873
$1,800
2026-08-20
—
condos
1
2
1,005
$2,500
2026-08-25
—
condos
1
2
1,005
$2,300
2026-08-21
—
apartment
1
2
943
$2,100
2026-08-12
—
condos
1
2
865
$1,850
2026-08-06
—
condos
1
2
1,000
$4,000
2025-03-11
—
condos
1
2
1,005
$1,850
2026-07-14
—
condos
1
2
1,000
$1,995
2026-05-28
—
condos
1
2
1,000
$3,890
2023-05-07
—
condos
1
2
1,005
$2,000
2026-07-23
—
condos
1
2
991
$2,300
2026-04-17
—
condos
1
1
1,005
$2,300
2026-08-21
—
condos
1
1
893
$1,990
2026-07-06
—
condos
1
2
1,161
$7,470
2026-08-25
—
condos
1
2
1,005
$2,200
2026-08-03
—
condos
1
2
938
$2,500
2026-08-13
—
condos
1
2
1,005
$4,000
2026-08-25
—
condos
1
2
1,066
$1,999
2026-06-20
—
condos
1
2
928
$1,800
2026-05-07
—
condos
1
2
1,005
$2,000
2026-07-20
—
condos
1
2
1,066
$2,100
2026-07-21
—
condos
1
2
1,000
$3,900
2024-11-01
—
condos
1
2
938
$2,350
2026-07-01
—
condos
1
2
991
$2,450
2026-07-17
—
condos
1
2
1,000
$2,400
2026-07-22
—
condos
1
2
881
$4,300
2026-08-12
—
condos
1
2
991
$3,000
2026-08-20
—
condos
1
2
1,251
$2,250
2026-07-15
—
condos
1
2
991
$2,400
2026-07-10
—
condos
1
1
1,005
$2,500
2026-07-23
—
condos
1
2
870
$1,900
2026-07-06
—
condos
1
2
1,005
$1,950
2026-08-05
—
condos
1
1
960
$4,200
2026-08-22
—
apartment
1
2
880
$2,400
2026-08-13
—
condos
1
2
881
$4,000
2026-07-28
—
condos
1
2
1,125
$13,000
2026-04-06
—
condos
1
2
958
$4,850
2026-07-29
—
condos
1
2
937
$3,385
2026-06-18
—
apartment
1
2
1,000
$4,000
2025-01-02
—
condos
1
2
975
$2,200
2026-06-23
—
condos
1
2
1,161
$7,500
2026-08-25
—
condos
1
2
1,005
$2,500
2026-06-19
—
condos
1
2
862
$5,550
2026-07-21
—
condos
1
2
887
$2,200
2026-08-06
—
condos
1
2
883
$4,300
2026-05-20
—
condos
1
2
1,005
$1,999
2026-03-11
—
condos
1
1
1,005
$2,850
2025-12-01
—
condos
1
2
1,066
$2,148
2026-03-26
—
condos
1
2
865
$2,000
2026-06-05
—
condos
1
2
1,005
$2,400
2026-07-10
—
condos
1
2
1,000
$4,000
2026-07-16
—
condos
1
1
1,005
$2,350
2026-07-27
—
condos
1
1
990
$3,600
2025-11-02
—
condos
1
1
845
$2,900
2026-07-24
—
condos
1
2
991
$2,650
2026-01-27
—
condos
1
2
1,000
$2,300
2026-07-13
—
condos
1
2
1,005
$2,200
2026-08-19
—
condos
1
2
1,000
$2,450
2026-06-17
—
condos
1
1
1,000
$2,500
2026-07-20
—
condos
1
1
893
$3,600
2026-08-14
—
condos
1
1
1,005
$2,795
2026-07-23
—
condos
1
2
873
$1,950
2026-04-16
—
condos
1
1
906
$4,000
2026-07-24
—
condos
1
2
858
$6,200
2026-07-17
—
condos
1
2
1,005
$2,990
2026-08-17
—
condos
1
2
943
$2,650
2026-06-25
—
condos
1
2
914
$4,598
2026-05-26
—
condos
1
2
991
$2,700
2026-03-31
—
condos
1
2
1,005
$2,650
2026-03-07
—
condos
1
2
918
$2,150
2025-10-15
—
condos
1
2
862
$6,000
2026-05-23
—
condos
1
2
1,000
$2,300
2026-03-23
—
condos
1
2
1,000
$2,800
2026-06-17
—
condos
1
1
1,000
$2,950
2026-08-10
—
condos
1
2
1,005
$2,400
2026-04-02
—
condos
1
2
1,161
$7,500
2026-06-06
—
condos
1
2
1,005
$2,700
2026-08-15
—
condos
1
2
1,005
$2,500
2026-07-01
—
condos
1
2
865
$1,975
2026-07-28
—
condos
1
2
1,005
$2,550
2026-07-02
—
condos
1
2
1,230
$4,400
2026-06-18
—
condos
1
1
1,000
$3,000
2026-08-11
—
condos
1
1
860
$2,599
2026-04-10
—
condos
1
1
1,005
$2,500
2026-06-24
—
condos
1
2
1,183
$5,100
2026-04-24
—
condos
1
2
1,000
$2,400
2026-09-01
—
condos
1
2
1,000
$2,600
2026-07-16
—
condos
1
2
870
$2,350
2026-05-31
—
condos
1
2
865
$2,100
2026-08-04
—
condos
1
1
930
$4,000
2025-09-12
—
condos
1
2
873
$2,400
2026-04-06
—
condos
1
2
1,260
$4,800
2026-04-30
—
condos
1
2
858
$5,970
2026-05-15
—
condos
1
1
1,091
$3,000
2026-06-18
—
condos
1
2
1,005
$2,475
2026-05-19
—
condos
1
2
1,005
$3,800
2026-01-28
—
condos
1
2
1,005
$2,800
2026-06-22
—
condos
1
1
845
$3,000
2026-03-03
—
condos
1
2
1,005
$3,000
2025-11-12
—
condos
1
2
937
$3,400
2026-07-22
—
condos
1
2
990
$2,150
2026-06-23
—
condos
1
1
903
$3,100
2026-04-25
—
condos
1
2
1,005
$4,200
2024-10-24
—
condos
1
2
858
$6,300
2026-06-17
—
condos
1
2
1,005
$3,100
2026-01-27
—
condos
1
1
1,005
$3,500
2018-02-02
—
condos
1
1
1,005
$3,500
2018-02-02
—
condos
1
2
1,000
$3,200
2026-07-27
—
condos
1
1
960
$4,200
2026-01-05
—
condos
1
2
937
$3,650
2026-06-04
—
condos
1
2
937
$3,200
2026-02-18
—
condos
1
1
1,005
$4,000
2026-03-05
—
condos
1
2
1,005
$4,000
2026-03-05
—
condos
1
2
1,005
$4,000
2026-03-05
—
condos
1
1
1,005
$5,413
2026-04-25
—
condos
1
2
1,125
$9,700
2026-07-10
—
condos
1
1
930
$4,200
2026-02-03
—
condos
1
2
1,005
$4,500
2026-03-06
—
condos
1
1
1,005
$4,500
2026-03-05
—
condos
1
2
1,005
$4,500
2026-05-25
—
condos
1
2
1,005
$6,500
2026-03-05
—
condos
1
2
1,005
$4,850
2026-02-25
—
condos
1
2
881
$4,900
2026-05-14
—
condos
1
2
1,000
$4,000
2025-04-08
—
condos
1
2
937
$3,300
2026-03-11
—
condos
1
2
883
$4,850
2026-03-02
—
condos
1
2
1,161
$7,500
2026-07-06
—
condos
1
2
920
$7,500
2025-12-29
—
apartment
1
1
1,004
$2,199
—
—
apartment
1
1
850
$1,950
2026-06-29
—
condos
1
2
1,161
$7,470
—
—
condos
1
2
858
$5,970
—
—
apartment
1
1
873
$2,250
—
—
apartment
1
1
900
$2,303
2025-06-09
—
apartment
1
1
870
$2,350
—
—
apartment
1
1
870
$2,400
—
—
apartment
1
1
875
$2,339
—
—
apartment
1
1
875
$2,292
—
—
apartment
1
2
855
$2,400
—
—
apartment
1
2
855
$2,350
—
—
apartment
1
2
855
$2,465
—
—
condos
1
2
881
$4,300
—
—
apartment
1
2
855
$2,515
—
—
apartment
1
1
850
$2,453
—
—
apartment
1
1
850
$2,540
—
—
apartment
1
1
850
$3,382
—
—
apartment
1
2
1,096
$3,340
—
—
condos
1
2
1,005
$2,400
2026-08-14
—
condos
1
2
862
$6,000
2026-08-28
—
condos
1
2
862
$5,900
2026-08-31
—
condos
1
2
1,000
$3,800
2026-09-02
—
condos
1
2
887
$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.