ZIP CODE 77449 // HOUSTON-THE WOODLANDS-SUGAR LAND, TX // DATA AS OF 2026-09-30
Katy, TX (77449) Rental Property Cap Rate & Cash Flow Report
Located in Harris County (Katy, TX), Zip Code 77449 ranks #47 of 500 within this selected sample (91th percentile) with a Zillow ZHVI typical home-value index of $264,942 (-2.8% YoY) and a ZORI observed market rent of $1,809/mo (-0.8% YoY). Requires at least 32.0% 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
-$201/mo
Annual: -$2,410/yr
Modeled Cap Rate
5.16%
NOI: $13,666/yr
Cash-on-Cash Return
-3.96%
Cash Needed: $60,937
1% Rule Ratio
0.68%
Gross Yield: 8.19%
Break-Even Rent
$2,040/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 77449 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,340/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$670/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (77449)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $236,226 | $1,642/mo | 8.34% |
| 2022 | $289,822 | $1,789/mo | 7.41% |
| 2023 | $279,606 | $1,795/mo | 7.70% |
| 2024 | $282,077 | $1,824/mo | 7.76% |
| 2025 | $272,648 | $1,823/mo | 8.02% |
| 2026 | $264,942 | $1,809/mo | 8.19% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 79938 El Paso, TX | $256,135 | $1,747/mo | 5.15% | -$196/mo |
| 79924 El Paso, TX | $194,573 | $1,331/mo | 5.17% | -$145/mo |
| 75126 Forney, TX | $306,043 | $2,085/mo | 5.14% | -$236/mo |
| 78572 Mission, TX | $193,376 | $1,327/mo | 5.19% | -$141/mo |
| 75040 Garland, TX | $270,233 | $1,832/mo | 5.11% | -$216/mo |
| 79928 El Paso, TX | $262,067 | $1,808/mo | 5.23% | -$182/mo |