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
$549,000
Down payment (20.0%)
$109,800
Loan amount
$439,200
Closing costs (5.0%)
$27,450
Total cash to close
$137,250
Income
Rent (comp-derived)
$3,300$39,600
Vacancy loss (8.0%)
Effective gross income
$3,036$36,432
Operating expenses
Property tax (placeholder 1.9% of price)
$869$10,431
Insurance (placeholder 0.8% of price)
$366$4,392
HOA dues
$790$9,480
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$165$1,980
Total operating expenses
$2,190$26,283
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)
$165$1,980
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
3
3
1,547
$3,600
2026-08-06
—
condos
3
3
1,547
$3,600
—
—
apartment
3
2
1,375
$3,381
—
—
apartment
3
2
1,427
$3,584
—
—
apartment
3
2
1,198
$3,609
—
—
apartment
3
2
1,247
$3,659
—
—
condos
3
3
1,380
$3,000
2026-08-27
—
apartment
3
2
1,120
$2,750
2022-05-23
—
apartment
3
3
1,444
$3,300
2026-06-17
—
condos
3
3
1,556
$3,300
2025-12-04
—
apartment
3
3
1,534
$3,300
2022-08-15
—
apartment
3
3
1,534
$3,300
2022-08-15
—
apartment
3
3
1,534
$3,300
2022-08-15
—
condos
3
3
1,256
$2,750
2026-08-21
—
condos
3
3
1,462
$2,700
2026-07-04
—
apartment
3
2
1,271
$2,900
2026-08-10
—
apartment
3
2
1,109
$2,650
2026-06-17
—
condos
3
2
1,207
$2,800
2026-07-01
—
condos
3
3
1,385
$2,650
2026-07-01
—
condos
3
3
1,573
$2,700
2026-08-03
—
condos
3
3
1,256
$2,650
2026-07-21
—
condos
3
2
1,207
$2,800
2026-05-19
—
condos
3
3
1,280
$2,750
2026-06-08
—
condos
3
2
1,271
$2,770
2026-07-02
—
condos
3
2
1,020
$2,800
2026-06-25
—
apartment
3
2
1,177
$2,875
2025-12-19
—
condos
3
3
1,420
$2,900
2026-06-01
—
condos
3
2
1,312
$2,800
2026-08-07
—
condos
3
2
1,710
$3,900
2026-06-28
—
condos
3
3
1,385
$2,750
2026-07-02
—
condos
3
2
1,312
$2,990
2026-06-26
—
condos
3
2
1,290
$2,900
2026-05-09
—
condos
3
3
1,385
$2,650
2026-07-08
—
condos
3
2
1,239
$3,500
2026-08-24
—
condos
3
3
1,429
$3,800
2026-08-25
—
condos
3
3
1,308
$2,700
2026-04-20
—
condos
3
3
1,256
$2,750
2026-07-16
—
condos
3
2
1,109
$3,000
2026-07-31
—
apartment
3
2
1,102
$3,000
2026-08-20
—
condos
3
3
1,256
$2,700
2026-07-04
—
condos
3
3
1,335
$2,900
2026-07-10
—
condos
3
3
1,700
$4,000
2026-07-21
—
condos
3
2
1,290
$2,750
2026-06-17
—
condos
3
2
1,236
$3,150
2026-06-09
—
condos
3
2
1,236
$3,150
2026-04-17
—
condos
3
2
1,351
$3,400
2026-07-28
—
condos
3
3
1,370
$3,000
2026-08-17
—
condos
3
3
1,256
$2,800
2026-04-30
—
condos
3
3
1,462
$3,000
2026-08-19
—
condos
3
3
1,308
$2,850
2026-08-06
—
condos
3
3
1,335
$2,800
2026-07-06
—
condos
3
2
1,312
$2,900
2026-08-04
—
apartment
3
2
1,177
$3,000
2026-07-09
—
condos
3
3
1,534
$4,000
2026-08-13
—
condos
3
3
1,821
$3,700
2026-08-03
—
condos
3
3
1,429
$2,900
2026-08-09
—
condos
3
3
1,462
$3,250
2026-06-18
—
condos
3
4
1,556
$4,000
2026-07-07
—
condos
3
2
1,347
$3,200
2026-08-25
—
condos
3
2
1,230
$3,200
2026-07-03
—
condos
3
2
1,102
$3,000
2026-04-03
—
condos
3
2
1,060
$3,300
2026-08-12
—
condos
3
2
1,360
$3,550
2026-05-14
—
apartment
3
3
1,280
$3,350
2026-08-20
—
condos
3
3
1,308
$2,950
2026-08-11
—
condos
3
3
1,308
$2,800
2026-07-09
—
condos
3
2
1,351
$4,300
2026-08-25
—
condos
3
3
1,315
$3,500
2026-06-29
—
condos
3
2
1,207
$2,800
2026-08-20
—
condos
3
2
1,460
$3,700
2026-02-09
—
condos
3
2
1,525
$3,500
2026-07-08
—
condos
3
3
1,256
$2,950
2026-03-25
—
condos
3
3
1,517
$3,550
2026-05-29
—
condos
3
3
1,429
$3,600
2026-07-13
—
condos
3
3
1,256
$2,850
2026-04-11
—
condos
3
2
1,236
$3,300
2026-07-28
—
condos
3
3
1,322
$3,600
2026-08-02
—
condos
3
3
1,322
$3,400
2026-07-13
—
condos
3
3
1,684
$4,200
2026-06-04
—
condos
3
3
1,364
$3,150
2026-07-27
—
apartment
3
2
1,236
$3,500
2026-07-20
—
condos
3
4
1,556
$3,850
2026-08-13
—
condos
3
4
1,556
$4,500
2026-07-30
—
condos
3
2
1,236
$3,200
2026-05-20
—
apartment
3
3
1,256
$3,000
—
—
apartment
3
2
1,340
$2,832
—
—
condos
3
2
1,236
$3,300
—
—
apartment
3
2
1,394
$3,644
—
—
apartment
3
2
1,380
$3,607
—
—
apartment
3
2
1,331
$3,412
—
—
condos
3
2
1,345
$3,400
—
—
condos
3
3
1,322
$3,600
—
—
apartment
3
2
1,340
$3,055
—
—
apartment
3
2
1,340
$2,984
—
—
apartment
3
2
1,331
$3,382
—
—
apartment
3
3
1,301
$3,285
—
—
apartment
3
2
1,128
$3,516
—
—
apartment
3
2
1,332
$3,849
—
—
apartment
3
2
1,380
$3,526
—
—
condos
3
3
1,429
$3,600
—
—
apartment
3
2
1,340
$2,841
—
—
apartment
3
2
1,340
$3,014
—
—
apartment
3
3
1,405
$4,219
—
—
apartment
3
2
1,299
$3,496
—
—
apartment
3
2
1,272
$3,536
—
—
apartment
3
3
1,301
$3,305
—
—
apartment
3
2
1,148
$3,495
—
—
condos
3
4
1,556
$4,500
—
—
condos
3
3
1,534
$4,000
—
—
apartment
3
2
1,332
$3,529
—
—
apartment
3
2
1,332
$3,529
—
—
apartment
3
2
1,332
$3,529
—
—
apartment
3
2
1,435
$3,645
—
—
apartment
3
2
1,198
$3,649
—
—
apartment
3
2
1,706
$3,769
—
—
apartment
3
2
1,582
$4,053
—
—
condos
3
2
1,345
$3,400
2026-07-20
—
condos
3
2
1,102
$3,490
2026-09-01
—
condos
3
3
1,257
$3,055
2026-09-01
—
condos
3
2
1,060
$3,300
2026-08-31
—
condos
3
3
1,343
$3,500
2026-08-31
—
condos
3
2
1,330
$3,000
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.