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
$1,429,000
Down payment (20.0%)
$285,800
Loan amount
$1,143,200
Closing costs (5.0%)
$71,450
Total cash to close
$357,250
Income
Rent (comp-derived)
$4,050$48,600
Vacancy loss (8.0%)
Effective gross income
$3,726$44,712
Operating expenses
Property tax (placeholder 1.9% of price)
$2,263$27,151
Insurance (placeholder 0.8% of price)
$953$11,432
HOA dues
$0$0
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$203$2,430
Total operating expenses
$3,418$41,013
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)
$203$2,430
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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
townhomes
4
4
1,946
$5,800
2026-08-17
—
townhomes
4
3
1,820
$4,100
2026-08-11
—
townhomes
4
4
2,532
$8,700
2026-08-05
—
townhomes
4
3
1,475
$3,200
2026-07-19
—
townhomes
4
3
1,920
$3,850
2026-07-19
—
townhomes
4
3
2,123
$5,000
2026-07-06
—
townhomes
4
3
1,876
$3,500
2026-05-22
—
townhomes
4
4
2,238
$10,900
2026-06-22
—
townhomes
4
3
1,820
$4,200
2026-06-22
—
townhomes
4
3
2,300
$4,300
2026-08-04
—
townhomes
4
3
2,000
$3,300
2026-07-31
—
townhomes
4
3
2,308
$4,050
2026-07-29
—
townhomes
4
3
1,920
$3,850
2026-08-22
—
townhomes
4
3
1,899
$3,500
2026-03-11
—
townhomes
4
3
1,920
$3,950
2026-02-27
—
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.