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
$3,300,000
Down payment (20.0%)
$660,000
Loan amount
$2,640,000
Closing costs (5.0%)
$165,000
Total cash to close
$825,000
Income
Rent (comp-derived)
$26,500$318,000
Vacancy loss (8.0%)
Effective gross income
$24,380$292,560
Operating expenses
Property tax (placeholder 1.9% of price)
$5,225$62,700
Insurance (est. scaled by flood & wind risk)
$4,290$51,480
HOA dues
$3,664$43,968
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$1,325$15,900
Total operating expenses
$14,504$174,048
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)
$1,325$15,900
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
4
6
3,252
$45,000
2026-08-27
—
condos
4
6
2,871
$22,500
2026-08-21
—
condos
4
4
2,870
$12,000
2026-07-10
—
condos
4
5
2,914
$9,100
2026-08-12
—
condos
4
5
2,485
$19,000
2026-08-24
—
condos
4
4
4,078
$20,000
2026-08-25
—
condos
4
6
3,945
$16,900
2026-07-09
—
condos
4
6
3,171
$27,100
2026-05-11
—
condos
4
5
3,287
$41,000
2026-06-25
—
condos
4
5
2,914
$12,000
2026-08-24
—
condos
4
5
2,394
$15,000
2026-08-24
—
condos
4
6
3,204
$34,000
2026-04-20
—
condos
4
5
3,945
$17,900
2026-05-19
—
condos
4
6
3,500
$29,500
2026-04-27
—
condos
4
6
2,682
$30,000
2026-05-24
—
condos
4
5
3,171
$28,500
2026-08-25
—
condos
4
5
2,980
$36,500
2026-08-11
—
condos
4
5
2,394
$18,500
2025-11-28
—
condos
4
7
4,141
$29,000
2024-07-21
—
condos
4
5
4,046
$11,995
2026-04-09
—
condos
4
6
3,625
$38,500
2026-09-02
—
condos
4
5
2,987
$45,000
2026-08-01
—
condos
4
6
3,613
$22,000
2026-05-08
—
condos
4
5
3,073
$11,500
2026-08-21
—
condos
4
6
4,385
$60,000
2025-12-06
—
condos
4
6
3,252
$39,000
2026-08-07
—
condos
4
5
3,750
$26,000
2026-07-28
—
condos
4
5
3,555
$29,000
2026-06-01
—
condos
4
4
2,736
$27,000
2026-08-12
—
condos
4
6
3,625
$39,000
2026-05-22
—
apartment
4
3
2,991
$26,000
2025-03-07
—
condos
4
5
4,339
$17,000
2025-10-07
—
condos
4
5
2,394
$23,500
2025-01-13
—
condos
4
6
4,050
$39,500
2025-08-27
—
condos
4
5
3,555
$28,500
2026-06-12
—
condos
4
4
2,390
$10,000
2026-01-23
—
condos
4
6
3,854
$50,000
2025-11-13
—
condos
4
5
3,084
$20,000
2026-01-24
—
condos
4
6
2,682
$28,000
2026-02-19
—
condos
4
7
3,735
$24,000
2026-05-01
—
condos
4
5
2,682
$33,000
2024-05-08
—
condos
4
5
2,394
$16,500
2026-01-23
—
apartment
4
5
3,150
$26,000
—
—
condos
4
6
2,682
$30,000
2026-09-01
—
condos
4
6
2,871
$22,500
—
—
condos
4
5
2,987
$42,000
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.