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
$700,000
Down payment (20.0%)
$140,000
Loan amount
$560,000
Closing costs (5.0%)
$35,000
Total cash to close
$175,000
Income
Rent (comp-derived)
$4,300$51,600
Vacancy loss (8.0%)
Effective gross income
$3,956$47,472
Operating expenses
Property tax (placeholder 1.9% of price)
$1,108$13,300
Insurance (placeholder 0.8% of price)
$467$5,600
HOA dues
$1,057$12,684
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$215$2,580
Total operating expenses
$2,847$34,164
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)
$215$2,580
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
824
$3,050
2026-07-06
—
condos
2
2
1,085
$4,000
2026-08-25
—
apartment
2
2
1,047
$3,100
—
—
condos
2
2
1,348
$4,500
—
—
condos
2
2
912
$2,700
2026-04-23
—
condos
2
2
1,271
$2,875
2026-01-30
—
condos
2
2
730
$3,650
2026-08-27
—
condos
2
2
1,064
$2,850
2026-08-19
—
condos
2
2
1,360
$3,800
2026-08-17
—
condos
2
2
1,225
$3,400
2026-08-18
—
condos
2
2
1,048
$3,900
2026-08-11
—
condos
2
2
1,026
$3,400
2026-08-21
—
apartment
2
2
1,140
$3,300
2026-01-12
—
condos
2
2
1,190
$4,500
2026-08-27
—
condos
2
2
970
$2,850
2026-02-03
—
condos
2
2
1,271
$3,200
2026-08-28
—
condos
2
2
1,271
$3,000
2026-03-31
—
condos
2
2
1,121
$4,500
2026-08-28
—
apartment
2
1
800
$2,400
2026-08-13
—
condos
2
2
680
$2,695
2026-06-25
—
condos
2
3
1,300
$5,500
2026-08-22
—
apartment
2
2
1,200
$4,500
2026-08-26
—
condos
2
2
990
$3,500
2026-08-25
—
condos
2
2
1,200
$5,000
2026-03-02
—
condos
2
2
1,271
$3,050
2026-04-09
—
condos
2
2
1,281
$3,500
2026-08-18
—
condos
2
2
1,310
$4,450
2026-08-24
—
condos
2
2
1,271
$3,200
2025-09-22
—
condos
2
2
846
$3,200
2026-08-12
—
condos
2
2
1,047
$2,800
2026-02-25
—
condos
2
2
1,360
$4,500
2026-08-13
—
condos
2
2
1,190
$3,750
2026-08-25
—
condos
2
2
980
$3,200
2026-08-24
—
condos
2
2
1,030
$3,800
2026-08-24
—
condos
2
2
980
$3,050
2026-08-21
—
condos
2
2
1,280
$4,800
2026-07-06
—
condos
2
2
1,047
$3,900
2026-08-25
—
condos
2
2
900
$3,250
2026-07-16
—
condos
2
2
1,260
$3,450
2026-03-31
—
condos
2
2
1,380
$6,900
2026-07-28
—
condos
2
2
1,190
$5,500
2026-08-26
—
condos
2
2
1,030
$3,499
2026-08-05
—
condos
2
3
1,322
$11,500
2026-08-26
—
condos
2
2
1,030
$4,000
2026-03-30
—
condos
2
2
1,206
$2,850
2026-07-27
—
condos
2
2
1,030
$4,800
2026-07-29
—
apartment
2
2
1,030
$3,000
2026-04-19
—
condos
2
2
1,300
$15,000
2026-08-20
—
condos
2
2
938
$2,975
2026-06-10
—
condos
2
2
1,050
$4,800
2026-08-15
—
apartment
2
2
1,150
$3,200
2026-08-05
—
apartment
2
2
800
$3,600
2026-08-18
—
condos
2
2
1,048
$3,250
2026-06-10
—
condos
2
2
908
$3,150
2026-06-05
—
condos
2
2
980
$3,900
2026-06-18
—
condos
2
2
980
$3,800
2026-08-12
—
condos
2
2
1,305
$5,000
2026-01-17
—
condos
2
2
1,326
$3,500
2026-08-06
—
condos
2
2
940
$3,200
2026-05-21
—
condos
2
2
1,185
$4,400
2026-07-06
—
condos
2
2
1,310
$2,950
2026-05-14
—
condos
2
2
944
$3,300
2026-07-27
—
condos
2
2
1,134
$4,850
2026-07-29
—
condos
2
2
1,296
$5,000
2026-07-07
—
apartment
2
1
950
$3,750
2025-10-09
—
condos
2
2
1,190
$3,400
2026-07-13
—
condos
2
2
1,368
$5,500
2026-07-24
—
condos
2
2
1,134
$3,800
2026-05-13
—
condos
2
2
1,271
$3,200
2026-05-04
—
condos
2
2
1,290
$3,250
2026-05-26
—
condos
2
2
824
$4,200
2026-06-21
—
condos
2
2
1,208
$3,300
2026-08-10
—
condos
2
2
1,030
$3,500
2026-08-03
—
condos
2
2
1,122
$4,000
2026-07-16
—
apartment
2
2
1,085
$3,600
2026-07-09
—
condos
2
2
1,352
$5,300
2026-08-11
—
condos
2
2
1,034
$4,500
2026-04-02
—
condos
2
2
1,241
$4,000
2026-07-29
—
condos
2
2
1,368
$4,500
2026-05-12
—
condos
2
1
700
$2,399
2026-06-30
—
condos
2
2
1,310
$4,485
2026-06-18
—
apartment
2
2
1,140
$3,300
2026-01-12
—
condos
2
2
1,030
$3,700
2026-08-14
—
condos
2
2
1,030
$4,000
2026-08-03
—
condos
2
2
1,050
$4,500
2026-06-05
—
condos
2
2
1,190
$4,800
2026-06-06
—
condos
2
2
1,260
$4,490
2026-06-17
—
condos
2
3
1,323
$13,000
2026-05-20
—
apartment
2
2
1,206
$3,550
2026-08-20
—
condos
2
3
1,262
$15,000
2026-07-29
—
condos
2
2
1,350
$8,000
2024-09-11
—
condos
2
3
1,176
$14,650
2026-08-04
—
condos
2
2
1,070
$4,300
2026-04-18
—
condos
2
2
994
$4,000
2026-06-17
—
condos
2
2
1,010
$3,800
2026-08-11
—
condos
2
2
890
$3,900
2026-02-15
—
condos
2
2
1,005
$4,500
2026-04-15
—
apartment
2
2
960
$3,900
2025-10-09
—
condos
2
2
1,225
$3,650
2026-06-29
—
condos
2
2
1,122
$4,500
2026-07-24
—
condos
2
2
930
$5,500
2026-08-14
—
condos
2
2
1,030
$3,000
2026-07-15
—
condos
2
2
1,250
$9,500
2026-07-07
—
condos
2
2
1,190
$4,500
2026-07-20
—
condos
2
2
1,380
$7,700
2026-07-06
—
condos
2
2
1,380
$8,400
2026-08-19
—
condos
2
2
1,190
$5,000
2026-03-14
—
condos
2
2
1,000
$3,700
2026-07-02
—
condos
2
2
1,260
$4,450
2026-04-21
—
condos
2
2
1,040
$4,000
2026-05-21
—
condos
2
2
848
$4,500
2026-08-11
—
condos
2
2
1,389
$4,500
2026-02-27
—
condos
2
2
1,034
$4,500
2026-04-29
—
condos
2
2
1,005
$4,500
2026-03-18
—
condos
2
2
930
$3,300
2026-05-26
—
condos
2
2
1,030
$4,000
2026-07-01
—
condos
2
2
1,005
$4,900
2026-03-23
—
condos
2
2
1,121
$4,900
2026-04-10
—
condos
2
2
1,030
$3,500
2026-07-06
—
condos
2
2
1,190
$3,900
2026-07-23
—
condos
2
2
848
$4,500
2026-06-17
—
condos
2
2
1,360
$7,000
2026-03-03
—
condos
2
3
1,300
$6,000
2026-07-21
—
apartment
2
2
1,140
$3,550
2026-03-12
—
condos
2
2
1,030
$3,600
2026-06-08
—
condos
2
2
1,040
$3,500
2026-06-08
—
condos
2
2
1,064
$3,400
2026-02-16
—
condos
2
2
1,030
$3,800
2022-08-12
—
condos
2
2
1,360
$10,000
2026-02-19
—
condos
2
2
980
$4,500
2026-07-23
—
condos
2
2
1,360
$5,500
2025-01-10
—
condos
2
2
1,010
$3,990
2026-05-20
—
apartment
2
2
1,360
$7,500
2025-01-03
—
condos
2
2
1,125
$4,000
2026-08-07
—
condos
2
2
1,030
$6,000
2026-06-04
—
condos
2
2
1,030
$4,000
2026-03-23
—
condos
2
2
1,271
$4,500
2026-06-30
—
condos
2
2
960
$4,600
2026-04-08
—
condos
2
2
1,320
$5,500
2026-08-11
—
condos
2
2
980
$4,500
2026-05-12
—
condos
2
2
1,010
$3,800
2026-04-28
—
condos
2
2
1,030
$3,500
2026-02-12
—
condos
2
2
1,048
$3,500
2026-05-11
—
condos
2
2
1,034
$5,700
2024-12-04
—
condos
2
2
1,320
$4,200
2026-07-11
—
condos
2
2
1,350
$5,300
2021-08-18
—
condos
2
2
1,030
$3,900
2026-07-05
—
condos
2
2
1,030
$3,900
2026-05-22
—
condos
2
2
930
$4,900
2022-10-08
—
condos
2
2
1,139
$6,000
2026-01-03
—
condos
2
2
970
$5,975
2026-07-07
—
condos
2
2
1,385
$7,000
2023-04-27
—
apartment
2
2
1,030
$6,000
2025-05-30
—
condos
2
2
1,380
$7,000
2026-02-24
—
condos
2
2
1,360
$7,000
2024-09-25
—
condos
2
2
1,360
$7,000
2025-04-09
—
condos
2
2
1,206
$4,000
2026-07-07
—
condos
2
4
1,030
$5,000
2022-08-16
—
condos
2
4
1,030
$4,300
2025-10-13
—
condos
2
2
1,290
$4,200
2026-03-12
—
apartment
2
2
1,200
$4,500
2026-07-17
—
condos
2
2
1,030
$4,500
2025-09-09
—
condos
2
2
1,361
$5,000
2026-03-21
—
condos
2
2
1,030
$4,300
2020-09-30
—
condos
2
2
1,030
$5,300
2025-12-10
—
condos
2
2
1,360
$5,500
2022-05-04
—
condos
2
2
1,030
$6,000
2025-06-20
—
condos
2
2
1,030
$5,800
2026-01-09
—
condos
2
2
930
$5,500
2022-05-13
—
condos
2
2
1,360
$6,500
2026-03-13
—
condos
2
2
1,030
$6,000
2025-09-12
—
condos
2
2
1,030
$6,000
2020-09-28
—
condos
2
2
1,360
$6,500
2022-03-02
—
condos
2
2
970
$6,900
2025-09-22
—
condos
2
2
1,030
$5,300
2026-05-28
—
condos
2
3
1,176
$17,000
2026-01-30
—
apartment
2
3
1,010
$6,895
2026-05-15
—
apartment
2
2
1,281
$8,995
2026-02-20
—
condos
2
2
1,190
$4,500
—
—
condos
2
2
1,048
$5,000
2026-04-28
—
condos
2
2
1,380
$7,900
—
—
condos
2
2
1,200
$3,500
—
—
condos
2
2
1,350
$5,300
—
—
condos
2
2
1,200
$3,400
—
—
condos
2
2
1,005
$4,500
—
—
condos
2
2
824
$3,050
—
—
condos
2
2
990
$3,500
—
—
apartment
2
2
948
$4,600
—
—
condos
2
2
1,206
$3,550
—
—
condos
2
2
1,206
$4,000
—
—
condos
2
2
1,352
$5,300
—
—
condos
2
2
1,000
$3,200
—
—
condos
2
2
930
$5,500
—
—
condos
2
2
1,064
$3,400
—
—
condos
2
2
1,098
$3,850
—
—
condos
2
2
1,030
$5,800
—
—
condos
2
2
970
$6,900
—
—
condos
2
2
1,380
$7,100
2026-08-31
—
condos
2
2
1,250
$13,000
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.
