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
$1,396,500
Down payment (20.0%)
$279,300
Loan amount
$1,117,200
Closing costs (5.0%)
$69,825
Total cash to close
$349,125
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)
$2,211$26,534
Insurance (placeholder 0.8% of price)
$931$11,172
HOA dues
$0$0
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$215$2,580
Total operating expenses
$3,357$40,286
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
1,055
$4,200
2026-08-21
—
apartment
2
2
867
$3,788
2025-08-08
—
condos
2
2
1,036
$3,800
2026-08-19
—
apartment
2
3
1,100
$4,000
—
—
condos
2
2
1,173
$5,500
2026-08-18
—
condos
2
2
882
$3,600
2026-08-17
—
condos
2
2
1,208
$4,750
2026-08-17
—
condos
2
2
1,041
$3,800
2026-08-17
—
condos
2
2
878
$3,750
2026-08-17
—
condos
2
2
882
$3,700
2026-08-15
—
condos
2
3
1,228
$6,000
2026-08-12
—
condos
2
2
1,058
$3,900
2026-08-11
—
condos
2
2
1,203
$4,500
2026-08-11
—
apartment
2
2
979
$3,827
2026-08-10
—
condos
2
2
1,222
$4,800
2026-08-09
—
condos
2
2
647
$5,900
2026-08-08
—
condos
2
2
1,040
$4,100
2026-08-08
—
condos
2
3
1,257
$5,800
2026-08-07
—
condos
2
2
1,154
$5,500
2026-08-06
—
condos
2
2
1,031
$4,700
2026-08-06
—
condos
2
2
878
$3,750
2026-08-06
—
condos
2
2
1,087
$3,200
2026-08-05
—
condos
2
2
977
$4,500
2026-08-05
—
condos
2
2
818
$7,500
2026-07-24
—
condos
2
2
825
$4,650
2026-07-23
—
condos
2
2
754
$4,300
2026-07-20
—
condos
2
2
1,178
$5,000
2026-07-18
—
condos
2
2
647
$6,490
2026-07-17
—
condos
2
2
977
$4,900
2026-07-16
—
condos
2
2
977
$4,900
2026-07-16
—
condos
2
3
1,000
$4,600
2026-08-14
—
condos
2
3
1,178
$5,800
2026-07-15
—
condos
2
2
907
$5,500
2026-07-15
—
apartment
2
2
908
$3,660
2026-07-14
—
condos
2
2
1,058
$3,700
2026-07-14
—
condos
2
3
1,171
$5,500
2026-07-14
—
condos
2
2
1,009
$3,900
2026-07-13
—
condos
2
2
1,041
$3,500
2026-07-13
—
condos
2
2
1,072
$5,750
2026-07-13
—
condos
2
2
989
$3,200
2026-07-12
—
condos
2
3
1,084
$4,500
2026-07-11
—
condos
2
2
1,056
$4,500
2026-07-09
—
apartment
2
2
929
$3,700
2026-07-09
—
condos
2
2
1,198
$4,800
2026-07-08
—
condos
2
2
1,144
$3,900
2026-07-08
—
condos
2
2
1,256
$4,300
2026-07-07
—
condos
2
2
1,169
$5,700
2026-07-06
—
apartment
2
2
1,058
$3,700
2026-07-03
—
condos
2
2
1,036
$3,100
2026-07-02
—
condos
2
2
754
$3,550
2026-06-30
—
condos
2
3
1,237
$5,950
2026-06-29
—
condos
2
2
1,051
$3,300
2026-06-29
—
condos
2
2
1,058
$4,000
2026-06-27
—
condos
2
3
1,178
$6,500
2026-06-26
—
condos
2
2
880
$3,650
2026-06-24
—
condos
2
2
977
$4,900
2026-06-24
—
condos
2
1
903
$4,000
2026-06-16
—
condos
2
2
1,202
$8,250
2025-10-20
—
condos
2
2
916
$3,450
2026-06-10
—
condos
2
2
1,048
$4,500
2026-06-10
—
condos
2
2
1,048
$3,850
2026-06-08
—
condos
2
2
985
$3,475
2026-06-05
—
condos
2
2
1,160
$3,800
2026-06-04
—
condos
2
2
1,048
$4,300
2026-06-03
—
condos
2
2
1,222
$5,000
2026-05-31
—
condos
2
3
1,237
$6,900
2026-05-29
—
condos
2
2
760
$4,700
2026-05-26
—
condos
2
2
757
$5,399
2026-05-25
—
condos
2
2
1,058
$3,800
2026-05-17
—
condos
2
2
1,010
$3,099
2026-05-15
—
condos
2
2
929
$3,300
2026-05-14
—
condos
2
2
1,256
$3,700
2026-05-12
—
condos
2
2
1,048
$4,000
2026-05-06
—
condos
2
2
1,148
$4,800
2026-05-03
—
condos
2
2
1,048
$2,000
2026-04-30
—
apartment
2
2
1,185
$3,100
2026-04-27
—
condos
2
2
1,058
$3,800
2026-04-27
—
apartment
2
1
950
$3,000
2026-08-03
—
condos
2
3
1,171
$5,150
2026-08-01
—
condos
2
2
1,041
$3,500
2026-07-31
—
condos
2
3
1,031
$4,750
2026-07-30
—
condos
2
2
700
$5,000
2026-07-30
—
condos
2
2
1,193
$3,000
2026-07-30
—
condos
2
3
1,161
$5,700
2026-07-29
—
condos
2
3
1,178
$5,850
2026-07-29
—
condos
2
2
1,256
$4,200
2026-01-13
—
apartment
2
1
700
$3,400
2023-04-03
—
condos
2
2
1,018
$4,300
2026-01-31
—
apartment
2
2
1,185
$3,850
2023-03-31
—
apartment
2
2
900
$3,850
2024-08-24
—
condos
2
2
1,153
$3,700
2026-08-24
—
condos
2
2
1,018
$3,700
2026-08-24
—
condos
2
2
1,203
$4,300
2026-08-24
—
condos
2
2
1,048
$3,300
2026-03-26
—
condos
2
2
837
$6,900
2025-05-26
—
condos
2
3
1,171
$5,700
2026-08-22
—
condos
2
2
1,153
$3,190
2026-02-05
—
condos
2
2
1,058
$4,000
2026-04-13
—
condos
2
2
835
$4,850
2026-04-20
—
apartment
2
2
979
$5,383
2022-08-18
—
apartment
2
2
979
$4,013
2022-10-31
—
apartment
2
2
979
$4,200
2022-09-08
—
condos
2
2
1,048
$4,000
2026-04-07
—
condos
2
2
907
$6,500
2025-05-26
—
condos
2
3
977
$5,500
2026-03-26
—
condos
2
2
1,055
$3,950
2026-04-19
—
condos
2
2
1,256
$4,000
2025-11-17
—
apartment
2
2
979
$6,400
2022-08-18
—
apartment
2
2
1,057
$6,820
2022-08-18
—
condos
2
2
1,048
$4,100
2023-04-27
—
condos
2
2
1,048
$4,300
2026-04-01
—
condos
2
2
825
$6,000
2026-02-25
—
condos
2
3
1,043
$6,500
2025-08-13
—
condos
2
2
925
$4,200
2026-01-30
—
condos
2
2
977
$7,500
2024-11-16
—
condos
2
2
810
$4,000
2026-04-23
—
condos
2
1
1,000
$3,800
2026-02-10
—
condos
2
2
1,048
$4,900
2023-04-27
—
condos
2
2
1,048
$4,200
2026-01-07
—
condos
2
2
1,048
$4,500
2022-05-19
—
condos
2
2
880
$3,900
2026-02-16
—
condos
2
2
1,048
$4,500
2024-11-15
—
apartment
2
2
1,272
$6,995
2022-12-08
—
apartment
2
2
1,272
$6,993
2022-08-18
—
condos
2
2
907
$7,000
2025-05-26
—
condos
2
2
818
$7,900
2026-02-25
—
condos
2
2
1,173
$5,500
—
—
condos
2
2
1,180
$4,350
—
—
condos
2
2
880
$3,650
—
—
apartment
2
2
976
$3,875
—
—
apartment
2
2
921
$3,985
—
—
apartment
2
2
921
$3,980
—
—
apartment
2
2
993
$4,254
—
—
apartment
2
2
1,063
$4,694
—
—
apartment
2
2
1,063
$4,544
—
—
condos
2
2
989
$3,200
—
—
apartment
2
2
908
$3,920
—
—
apartment
2
2
1,015
$4,085
2026-04-10
—
apartment
2
2
921
$3,505
—
—
apartment
2
2
976
$3,605
—
—
condos
2
2
878
$3,750
—
—
condos
2
2
1,006
$2,700
2025-06-30
—
condos
2
2
1,087
$3,350
2026-08-25
—
condos
2
2
878
$3,900
2026-08-27
—
apartment
2
1
635
$3,100
2022-07-20
—
condos
2
3
1,084
$5,000
2026-04-22
—
condos
2
2
1,048
$4,500
2026-03-07
—
condos
2
2
1,044
$5,900
2025-12-19
—
apartment
2
2
976
$4,010
—
—
apartment
2
2
976
$3,905
—
—
apartment
2
2
993
$4,284
—
—
apartment
2
2
1,063
$5,609
—
—
apartment
2
2
1,165
$5,596
—
—
apartment
2
2
976
$3,860
—
—
apartment
2
2
908
$3,810
—
—
apartment
2
2
959
$5,000
—
—
condos
2
2
1,058
$3,800
—
—
apartment
2
2
1,191
$5,690
—
—
condos
2
2
647
$6,490
—
—
condos
2
2
1,010
$3,900
—
—
apartment
2
2
908
$3,660
—
—
condos
2
2
925
$4,200
—
—
condos
2
2
880
$3,900
—
—
condos
2
2
878
$3,900
—
—
apartment
2
2
976
$3,560
—
—
apartment
2
2
1,252
$5,630
—
—
apartment
2
2
1,153
$5,495
—
—
apartment
2
2
908
$3,695
—
—
apartment
2
2
921
$3,960
—
—
apartment
2
2
1,057
$5,400
—
—
apartment
2
2
1,063
$5,024
—
—
apartment
2
2
908
$3,820
—
—
apartment
2
2
993
$4,284
—
—
apartment
2
2
1,040
$4,738
—
—
apartment
2
2
1,057
$4,500
—
—
apartment
2
2
908
$4,030
—
—
apartment
2
2
1,040
$4,683
—
—
apartment
2
2
959
$4,825
—
—
apartment
2
2
1,063
$4,814
—
—
apartment
2
2
1,040
$4,768
—
—
apartment
2
2
1,057
$5,475
—
—
apartment
2
2
1,057
$5,100
—
—
apartment
2
2
1,242
$5,240
—
—
apartment
2
2
1,191
$5,200
—
—
apartment
2
2
1,203
$5,630
—
—
apartment
2
2
1,153
$5,515
—
—
apartment
2
2
1,153
$5,435
—
—
apartment
2
2
1,203
$5,380
—
—
apartment
2
2
1,191
$5,610
—
—
apartment
2
2
1,191
$5,830
—
—
apartment
2
2
1,191
$5,900
—
—
apartment
2
2
1,203
$5,930
—
—
apartment
2
2
1,203
$6,130
—
—
apartment
2
2
1,097
$8,934
2025-10-27
—
condos
2
2
1,169
$6,500
2026-08-28
—
condos
2
2
1,222
$4,800
2026-08-30
—
condos
2
3
1,178
$5,500
2026-09-01
—
condos
2
2
1,180
$4,795
2026-08-31
—
condos
2
2
1,048
$4,500
2026-08-31
—
condos
2
2
1,056
$3,750
2026-08-31
—
condos
2
2
878
$3,550
2026-01-31
—
condos
2
2
1,153
$3,550
2026-09-01
—
condos
2
2
1,173
$5,400
2026-04-10
—
condos
2
2
1,154
$5,000
2026-08-09
—
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.