Zillow Estimates trustworthy?

[Dominique M. Conwell]

Hey BP,

I am analyzing on surface level for my first deal which I am looking into MFH. I found this ideal ideal 4plex that was on market for 650k. I think this was a tad expensive, changing websites to zillow showed and Zestimate of 200k. This was quite concerning to me and I was wondering if that held any weight? Rentometer showed comparable rents from around 1300-2000. 

Maybe this deal is too big for my first one, I'm trying not to let me emotion get into it. I ran my last free calculator at 600k and it almost met my metrics. I really need to go pro soon. Please advise thoughts.

[Anna Buffkin]

Zestimates can be all over the place especially for multifamily.  They work best in homogeneous areas comparing apples to apples.   I use Zillow more for historical data than the Zestimate.  Think of the zestimate as asking your buddy's opinion as a starting point, but not a true expert on the subject.