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
$695,000
Down payment (20.0%)
$139,000
Loan amount
$556,000
Closing costs (5.0%)
$34,750
Total cash to close
$173,750
Income
Rent (comp-derived)
$4,850$58,200
Vacancy loss (8.0%)
Effective gross income
$4,462$53,544
Operating expenses
Property tax (placeholder 1.9% of price)
$1,100$13,205
Insurance (placeholder 0.8% of price)
$463$5,560
HOA dues
$2,613$31,356
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$243$2,910
Total operating expenses
$4,419$53,031
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)
$243$2,910
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
3
3
1,765
$4,200
2026-08-19
—
condos
3
3
1,533
$2,950
2026-07-23
—
condos
3
3
1,533
$3,100
2026-06-17
—
condos
3
2
1,361
$2,999
2026-05-29
—
condos
3
3
1,500
$3,600
2026-05-08
—
condos
3
3
2,560
$9,000
2026-04-12
—
condos
3
3
1,600
$7,500
2024-01-24
—
condos
3
3
1,693
$4,000
2025-12-16
—
apartment
3
3
1,409
$4,218
—
—
condos
3
2
1,398
$4,500
—
—
apartment
3
2
1,484
$3,226
—
—
apartment
3
2
1,580
$3,309
—
—
apartment
3
2
1,484
$3,323
—
—
apartment
3
2
1,580
$3,399
—
—
condos
3
2
1,800
$7,500
2026-08-28
—
condos
3
3
1,927
$5,300
2026-08-27
—
condos
3
2
1,815
$7,500
2026-08-27
—
condos
3
2
1,380
$3,200
2026-08-03
—
condos
3
2
1,825
$7,000
2026-08-24
—
condos
3
2
1,820
$4,900
2026-08-24
—
condos
3
3
1,449
$3,850
2026-07-10
—
apartment
3
3
1,694
$4,400
2026-05-07
—
condos
3
2
1,380
$3,000
2026-07-29
—
condos
3
3
1,450
$3,975
2026-08-06
—
condos
3
3
1,694
$4,300
2026-03-22
—
condos
3
3
1,720
$4,300
2026-03-25
—
condos
3
2
1,600
$4,500
2026-08-31
—
condos
3
3
2,228
$6,500
2026-06-22
—
condos
3
2
1,990
$5,500
2026-07-28
—
condos
3
2
1,412
$3,650
2026-07-30
—
condos
3
3
1,449
$3,700
2026-06-09
—
condos
3
2
1,380
$4,350
2026-06-01
—
condos
3
3
2,240
$6,000
2026-05-22
—
condos
3
3
1,688
$3,100
2026-04-08
—
condos
3
2
1,367
$3,825
2026-07-10
—
condos
3
2
1,380
$3,150
2026-06-08
—
condos
3
3
1,449
$4,050
2026-08-19
—
condos
3
3
1,760
$5,400
2026-03-14
—
condos
3
2
1,525
$4,500
2026-05-27
—
condos
3
2
1,380
$4,900
2026-03-16
—
condos
3
3
1,694
$6,900
2026-08-19
—
condos
3
3
2,800
$13,400
2026-02-04
—
condos
3
3
1,825
$7,600
2026-07-17
—
condos
3
3
1,870
$6,500
2026-02-27
—
condos
3
3
2,509
$9,000
2026-07-28
—
condos
3
3
1,580
$6,000
2026-03-06
—
condos
3
3
2,720
$9,000
2026-06-10
—
condos
3
3
1,725
$4,850
2026-05-20
—
condos
3
3
1,833
$8,000
2026-03-31
—
condos
3
5
2,518
$13,000
2026-07-10
—
condos
3
4
2,130
$9,500
2026-06-17
—
condos
3
4
2,130
$9,500
2026-08-06
—
condos
3
2
1,412
$4,300
2026-07-15
—
condos
3
2
1,667
$5,000
2026-03-12
—
condos
3
3
2,080
$7,500
2026-03-11
—
condos
3
4
2,400
$15,000
2026-03-25
—
condos
3
2
1,696
$6,400
2025-12-09
—
condos
3
4
1,900
$6,000
2025-11-19
—
condos
3
4
2,657
$12,800
2025-09-07
—
condos
3
3
1,866
$7,500
2026-04-29
—
condos
3
2
1,815
$7,500
—
—
apartment
3
2
1,484
$3,323
—
—
condos
3
2
1,430
$4,900
2026-08-13
—
condos
3
2
1,865
$6,500
2026-07-30
—
condos
3
2
1,700
$6,000
2026-07-30
—
condos
3
3
1,600
$3,975
—
—
condos
3
3
1,449
$4,050
—
—
apartment
3
2
1,609
$6,525
—
—
apartment
3
2
1,484
$3,112
—
—
apartment
3
2
1,484
$3,184
—
—
apartment
3
2
1,484
$3,314
—
—
apartment
3
2
1,484
$3,266
—
—
apartment
3
2
1,484
$3,323
—
—
apartment
3
2
1,480
$4,075
—
—
apartment
3
2
1,480
$4,075
—
—
apartment
3
2
1,480
$4,175
—
—
apartment
3
2
1,480
$4,075
—
—
apartment
3
3
1,409
$4,980
—
—
apartment
3
3
1,409
$5,068
—
—
apartment
3
2
1,631
$5,850
—
—
apartment
3
2
1,609
$5,975
—
—
apartment
3
2
1,631
$6,150
—
—
apartment
3
2
1,609
$6,225
—
—
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.