ZIP CODE 77084 // HOUSTON-THE WOODLANDS-SUGAR LAND, TX // DATA AS OF 2026-09-30
Houston, TX (77084) Rental Property Cap Rate & Cash Flow Report
Located in Harris County (Houston, TX), Zip Code 77084 ranks #128 of 500 within this selected sample (75th percentile) with a Zillow ZHVI typical home-value index of $261,493 (-2.8% YoY) and a ZORI observed market rent of $1,526/mo (-2.8% YoY). Requires at least 45.6% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$424/mo
Annual: -$5,087/yr
Modeled Cap Rate
4.12%
NOI: $10,780/yr
Cash-on-Cash Return
-8.46%
Cash Needed: $60,143
1% Rule Ratio
0.58%
Gross Yield: 7.00%
Break-Even Rent
$2,013/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 77084 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,322/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$628/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (77084)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $234,145 | $1,492/mo | 7.65% |
| 2022 | $280,964 | $1,536/mo | 6.56% |
| 2023 | $276,548 | $1,550/mo | 6.73% |
| 2024 | $277,789 | $1,561/mo | 6.74% |
| 2025 | $269,150 | $1,569/mo | 7.00% |
| 2026 | $261,493 | $1,526/mo | 7.00% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 78245 San Antonio, TX | $253,570 | $1,484/mo | 4.14% | -$407/mo |
| 77036 Houston, TX | $159,566 | $934/mo | 4.14% | -$256/mo |
| 77346 Atascocita, TX | $307,801 | $1,814/mo | 4.18% | -$484/mo |
| 77459 Missouri City, TX | $392,356 | $2,266/mo | 4.06% | -$657/mo |
| 78254 San Antonio, TX | $304,573 | $1,801/mo | 4.20% | -$473/mo |
| 77469 Rosenberg, TX | $337,049 | $1,994/mo | 4.21% | -$523/mo |