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
$300,000
Down payment (20.0%)
$60,000
Loan amount
$240,000
Closing costs (5.0%)
$15,000
Total cash to close
$75,000
Income
Rent (comp-derived)
$2,799$33,588
Vacancy loss (8.0%)
Effective gross income
$2,575$30,901
Operating expenses
Property tax (placeholder 1.9% of price)
$475$5,700
Insurance (placeholder 0.8% of price)
$200$2,400
HOA dues
$270$3,240
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$140$1,679
Total operating expenses
$1,085$13,019
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)
$140$1,679
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
2
2
946
$2,000
2026-07-29
—
condos
2
2
870
$2,400
2026-08-26
—
condos
2
2
946
$2,200
2026-07-23
—
condos
2
2
1,100
$2,300
2026-07-18
—
condos
2
2
870
$2,100
2026-08-09
—
condos
2
2
925
$2,350
2026-08-12
—
condos
2
2
1,080
$2,200
2026-08-06
—
condos
2
2
980
$2,350
2026-08-01
—
condos
2
2
885
$2,400
2026-06-05
—
condos
2
2
925
$2,400
2026-07-25
—
condos
2
1
920
$2,200
2026-06-29
—
condos
2
2
870
$2,100
2026-08-27
—
condos
2
2
925
$2,250
2026-07-08
—
condos
2
2
1,100
$2,200
2026-03-11
—
condos
2
2
970
$2,300
2026-07-08
—
condos
2
2
925
$2,200
—
—
condos
2
2
925
$2,200
—
—
apartment
2
2
1,051
$2,727
—
—
apartment
2
2
1,200
$3,090
—
—
apartment
2
2
1,051
$2,727
—
—
apartment
2
2
1,186
$2,881
—
—
apartment
2
2
1,125
$2,596
—
—
apartment
2
2
1,136
$3,265
—
—
apartment
2
2
1,093
$2,811
—
—
apartment
2
2
1,109
$2,633
—
—
apartment
2
2
1,093
$3,555
—
—
apartment
2
2
1,090
$2,770
—
—
apartment
2
2
1,090
$2,770
—
—
apartment
2
2
1,093
$3,060
—
—
apartment
2
2
1,093
$3,155
—
—
apartment
2
2
1,093
$3,200
—
—
apartment
2
2
1,230
$2,900
—
—
apartment
2
2
970
$2,827
—
—
apartment
2
2
1,230
$2,900
—
—
apartment
2
2
1,239
$2,900
—
—
apartment
2
2
1,230
$2,900
—
—
apartment
2
2
1,239
$2,900
—
—
apartment
2
2
1,136
$3,627
—
—
apartment
2
2
1,051
$2,697
—
—
apartment
2
2
1,109
$2,594
—
—
apartment
2
2
1,109
$2,594
—
—
apartment
2
2
1,051
$2,727
—
—
apartment
2
2
1,109
$2,709
—
—
apartment
2
2
1,093
$2,769
—
—
apartment
2
2
1,051
$2,817
—
—
apartment
2
2
1,093
$2,840
—
—
apartment
2
2
1,093
$2,811
—
—
apartment
2
2
1,093
$2,836
—
—
apartment
2
2
1,051
$2,802
—
—
apartment
2
2
1,090
$2,890
—
—
apartment
2
2
1,051
$2,697
—
—
apartment
2
2
1,051
$2,697
—
—
apartment
2
2
1,090
$2,740
—
—
apartment
2
2
1,171
$2,995
—
—
apartment
2
2
1,090
$2,860
—
—
apartment
2
2
1,051
$2,727
—
—
apartment
2
2
1,230
$2,799
—
—
apartment
2
2
1,051
$2,827
—
—
apartment
2
2
1,257
$2,981
—
—
apartment
2
2
1,285
$2,899
—
—
apartment
2
2
1,230
$2,799
—
—
apartment
2
2
1,125
$2,877
—
—
apartment
2
2
1,285
$2,835
—
—
apartment
2
2
1,285
$3,100
—
—
apartment
2
2
1,122
$3,171
—
—
apartment
2
2
970
$3,197
—
—
apartment
2
2
970
$3,172
—
—
apartment
2
2
1,090
$3,490
—
—
apartment
2
2
1,171
$3,445
—
—
apartment
2
2
1,122
$3,436
—
—
apartment
2
2
1,136
$3,603
—
—
condos
2
2
980
$2,300
2026-08-31
—
apartment
2
2
1,001
$2,260
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.
No recent recorded sales cached yet for this ZIP.
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.
