ZIP CODE 77450 // HOUSTON-THE WOODLANDS-SUGAR LAND, TX // DATA AS OF 2026-09-30
Katy, TX (77450) Rental Property Cap Rate & Cash Flow Report
Located in Harris County (Katy, TX), Zip Code 77450 ranks #281 of 500 within this selected sample (44th percentile) with a Zillow ZHVI typical home-value index of $374,993 (-1.2% YoY) and a ZORI observed market rent of $1,763/mo (-1.3% YoY). Requires at least 61.3% 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
-$978/mo
Annual: -$11,735/yr
Modeled Cap Rate
2.94%
NOI: $11,019/yr
Cash-on-Cash Return
-13.61%
Cash Needed: $86,248
1% Rule Ratio
0.47%
Gross Yield: 5.64%
Break-Even Rent
$2,887/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 77450 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,896/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$845/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (77450)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $314,007 | $1,651/mo | 6.31% |
| 2022 | $375,211 | $1,755/mo | 5.61% |
| 2023 | $375,465 | $1,762/mo | 5.63% |
| 2024 | $384,300 | $1,795/mo | 5.60% |
| 2025 | $379,678 | $1,787/mo | 5.65% |
| 2026 | $374,993 | $1,763/mo | 5.64% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 78045 Laredo, TX | $295,277 | $1,381/mo | 2.91% | -$776/mo |
| 77375 Tomball, TX | $355,110 | $1,679/mo | 2.97% | -$918/mo |
| 78249 San Antonio, TX | $298,882 | $1,393/mo | 2.90% | -$790/mo |
| 77433 Cypress, TX | $422,856 | $1,964/mo | 2.88% | -$1,124/mo |
| 77407 Richmond, TX | $372,531 | $1,716/mo | 2.84% | -$1,002/mo |
| 75002 Allen, TX | $451,769 | $2,175/mo | 3.06% | -$1,134/mo |