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
$665,000
Down payment (20.0%)
$133,000
Loan amount
$532,000
Closing costs (5.0%)
$33,250
Total cash to close
$166,250
Income
Rent (comp-derived)
$1,900$22,800
Vacancy loss (8.0%)
Effective gross income
$1,748$20,976
Operating expenses
Property tax (placeholder 1.9% of price)
$1,053$12,635
Insurance (placeholder 0.8% of price)
$443$5,320
HOA dues
$898$10,776
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$95$1,140
Total operating expenses
$2,489$29,871
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)
$95$1,140
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
325
$1,500
2026-08-01
—
condos
1
1
578
$1,500
2026-07-26
—
apartment
1
1
500
$1,700
2026-08-25
—
apartment
1
1
520
$1,900
2026-08-12
—
apartment
1
1
600
$2,600
2026-08-26
—
apartment
1
2
600
$2,300
2026-06-17
—
apartment
1
1
600
$1,850
2026-08-05
—
apartment
1
1
612
$1,775
2026-08-14
—
apartment
1
1
400
$1,550
2026-07-20
—
condos
1
1
620
$1,900
2026-08-19
—
condos
1
1
620
$1,775
2026-06-18
—
apartment
1
1
560
$2,900
2026-08-25
—
condos
1
1
503
$1,750
2026-08-19
—
apartment
1
1
600
$1,900
2026-06-08
—
apartment
1
1
534
$2,000
2026-07-08
—
condos
1
1
543
$1,850
2026-04-16
—
apartment
1
1
628
$2,050
2026-07-29
—
condos
1
2
622
$1,790
2026-04-13
—
apartment
1
1
478
$1,900
2026-07-16
—
condos
1
1
592
$1,795
2026-07-17
—
condos
1
1
592
$2,000
2026-08-14
—
condos
1
1
600
$1,650
2026-04-09
—
condos
1
1
590
$1,995
2026-08-07
—
condos
1
1
625
$1,800
2026-07-30
—
condos
1
1
550
$1,650
2026-04-15
—
apartment
1
1
600
$1,700
2026-07-15
—
apartment
1
1
625
$1,799
2026-05-07
—
condos
1
1
411
$5,000
2026-08-21
—
condos
1
1
604
$1,700
2026-06-25
—
apartment
1
1
629
$1,790
2026-08-06
—
apartment
1
1
629
$1,775
2026-05-15
—
apartment
1
1
600
$1,900
2026-06-08
—
apartment
1
1
605
$2,250
2026-07-08
—
condos
1
1
408
$1,650
2026-07-28
—
condos
1
1
576
$1,895
2026-08-06
—
condos
1
1
443
$2,300
2026-07-30
—
condos
1
1
588
$1,925
2026-04-03
—
condos
1
1
620
$1,850
2026-08-06
—
apartment
1
1
590
$1,975
2026-07-31
—
condos
1
1
583
$1,750
2026-03-10
—
condos
1
1
425
$3,500
2026-08-06
—
condos
1
1
504
$1,750
2026-06-30
—
apartment
1
1
493
$1,950
2026-06-02
—
condos
1
1
620
$1,850
2026-07-19
—
condos
1
1
438
$3,000
2026-08-03
—
condos
1
1
592
$2,000
2026-07-30
—
condos
1
1
540
$1,850
2026-08-11
—
condos
1
1
435
$5,000
2026-08-19
—
condos
1
1
412
$5,000
2026-08-19
—
condos
1
1
411
$4,380
2026-06-24
—
condos
1
1
530
$3,250
2026-06-10
—
condos
1
1
411
$3,400
2026-05-11
—
condos
1
1
466
$4,500
2026-05-07
—
condos
1
1
412
$6,000
2026-07-29
—
apartment
1
1
620
$1,750
—
—
apartment
1
1
590
$1,750
—
—
apartment
1
1
515
$1,800
2026-05-13
—
apartment
1
1
600
$2,000
—
—
apartment
1
2
596
$2,000
—
—
condos
1
1
504
$1,899
—
—
condos
1
1
411
$3,400
—
—
apartment
1
1
500
$2,300
—
—
apartment
1
1
597
$1,900
—
—
apartment
1
1
597
$1,900
—
—
apartment
1
1
597
$1,900
—
—
apartment
1
1
597
$1,900
—
—
apartment
1
1
550
$1,850
2023-04-25
—
apartment
1
2
596
$3,500
2026-07-27
—
condos
1
1
620
$1,750
2026-08-28
—
apartment
1
1
435
$5,000
2026-09-01
—
condos
1
1
601
$1,800
2026-09-01
—
condos
1
1
620
$1,800
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.