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
$265,000
Down payment (20.0%)
$53,000
Loan amount
$212,000
Closing costs (5.0%)
$13,250
Total cash to close
$66,250
Income
Rent (comp-derived)
$2,144$25,722
Vacancy loss (8.0%)
Effective gross income
$1,972$23,664
Operating expenses
Property tax (placeholder 1.9% of price)
$420$5,035
Insurance (placeholder 0.8% of price)
$177$2,120
HOA dues
$336$4,032
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$107$1,286
Total operating expenses
$1,039$12,473
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)
$107$1,286
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
638
$1,833
2025-04-02
—
apartment
1
1
802
$2,094
2026-03-20
—
condos
1
1
808
$2,000
2026-08-18
—
condos
1
1
693
$1,750
2026-08-12
—
apartment
1
1
615
$2,081
2025-11-20
—
condos
1
1
747
$2,200
2026-08-05
—
condos
1
1
804
$1,950
2026-07-26
—
condos
1
1
588
$1,696
2026-07-23
—
condos
1
1
586
$2,100
2026-07-23
—
condos
1
1
693
$1,750
2026-07-21
—
condos
1
1
693
$1,800
2026-07-20
—
apartment
1
1
651
$1,950
2026-07-19
—
condos
1
1
800
$1,650
2026-07-14
—
condos
1
1
651
$1,900
2026-07-13
—
condos
1
1
588
$1,800
2026-07-13
—
condos
1
1
820
$1,925
2026-07-09
—
condos
1
1
575
$1,700
2026-07-07
—
apartment
1
1
693
$1,775
2026-06-26
—
condos
1
1
693
$1,725
2026-06-23
—
condos
1
1
804
$1,900
2026-06-22
—
condos
1
1
693
$2,000
2026-05-24
—
apartment
1
1
747
$2,200
2026-05-19
—
condos
1
1
586
$1,800
2026-05-14
—
apartment
1
1
781
$2,590
2026-05-07
—
condos
1
1
693
$1,800
2026-04-30
—
condos
1
1
820
$1,850
2026-07-31
—
apartment
1
1
600
$1,700
2026-01-22
—
apartment
1
1
800
$2,200
2023-04-21
—
apartment
1
1
800
$2,150
2024-05-08
—
condos
1
1
558
$1,850
2026-03-30
—
condos
1
1
586
$2,000
2026-03-10
—
apartment
1
1
625
$1,895
—
—
apartment
1
1
552
$1,884
—
—
apartment
1
1
804
$2,480
—
—
apartment
1
1
818
$2,530
—
—
apartment
1
1
818
$2,545
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
802
$2,183
—
—
apartment
1
1
802
$2,183
—
—
apartment
1
1
725
$2,059
—
—
apartment
1
1
643
$2,056
—
—
apartment
1
1
725
$2,039
—
—
apartment
1
1
785
$2,134
—
—
apartment
1
1
643
$2,026
—
—
apartment
1
1
802
$2,183
—
—
apartment
1
1
812
$2,235
—
—
apartment
1
1
804
$2,495
—
—
apartment
1
1
781
$2,500
—
—
apartment
1
1
781
$2,480
—
—
apartment
1
1
781
$2,475
—
—
apartment
1
1
849
$2,306
—
—
apartment
1
1
625
$1,895
2026-08-28
—
apartment
1
1
615
$2,144
—
—
apartment
1
1
552
$1,884
—
—
apartment
1
1
552
$1,884
—
—
apartment
1
1
625
$1,895
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
552
$1,904
—
—
apartment
1
1
685
$1,984
—
—
apartment
1
1
685
$1,984
—
—
apartment
1
1
643
$2,016
—
—
apartment
1
1
643
$1,961
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
802
$2,163
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
718
$2,108
—
—
apartment
1
1
802
$2,183
—
—
apartment
1
1
643
$2,026
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
843
$2,127
—
—
apartment
1
1
758
$2,059
—
—
apartment
1
1
802
$2,143
—
—
apartment
1
1
855
$2,173
—
—
apartment
1
1
802
$2,143
—
—
apartment
1
1
615
$2,110
—
—
apartment
1
1
758
$2,059
—
—
apartment
1
1
625
$2,025
—
—
apartment
1
1
802
$2,163
—
—
apartment
1
1
843
$2,127
—
—
apartment
1
1
802
$2,143
—
—
apartment
1
1
643
$2,046
—
—
apartment
1
1
755
$2,091
—
—
apartment
1
1
781
$2,505
—
—
apartment
1
1
725
$2,384
—
—
apartment
1
1
758
$2,024
—
—
apartment
1
1
850
$2,226
—
—
apartment
1
1
869
$2,287
—
—
apartment
1
1
855
$2,270
—
—
apartment
1
1
812
$2,336
—
—
apartment
1
1
850
$2,216
—
—
apartment
1
1
869
$2,287
—
—
apartment
1
1
615
$2,503
—
—
apartment
1
1
615
$2,503
—
—
apartment
1
1
818
$2,490
—
—
apartment
1
1
781
$2,460
—
—
apartment
1
1
804
$2,460
—
—
apartment
1
1
818
$2,575
—
—
apartment
1
1
818
$2,550
—
—
apartment
1
1
781
$2,475
—
—
apartment
1
1
818
$2,530
—
—
apartment
1
1
781
$2,515
—
—
apartment
1
1
781
$2,450
—
—
apartment
1
1
818
$2,525
—
—
apartment
1
1
781
$2,455
—
—
apartment
1
1
781
$2,445
—
—
apartment
1
1
818
$2,540
—
—
apartment
1
1
818
$2,545
—
—
apartment
1
1
804
$2,475
—
—
apartment
1
1
818
$2,560
—
—
apartment
1
1
781
$2,480
—
—
apartment
1
1
818
$2,575
—
—
apartment
1
1
818
$2,525
—
—
apartment
1
1
781
$2,465
—
—
apartment
1
1
818
$2,530
—
—
apartment
1
1
818
$2,555
—
—
apartment
1
1
781
$2,470
—
—
apartment
1
1
818
$2,520
—
—
apartment
1
1
804
$2,415
—
—
apartment
1
1
781
$2,460
—
—
apartment
1
1
781
$2,475
—
—
apartment
1
1
804
$2,430
—
—
apartment
1
1
818
$2,455
—
—
apartment
1
1
804
$2,430
—
—
apartment
1
1
781
$2,515
—
—
apartment
1
1
804
$2,435
—
—
apartment
1
1
818
$2,540
—
—
apartment
1
1
818
$2,550
—
—
apartment
1
1
615
$2,503
—
—
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.