ZIP CODE 78640 // AUSTIN-ROUND ROCK-GEORGETOWN, TX // DATA AS OF 2026-09-30
Kyle, TX (78640) Rental Property Cap Rate & Cash Flow Report
Located in Hays County (Kyle, TX), Zip Code 78640 ranks #173 of 500 within this selected sample (66th percentile) with a Zillow ZHVI typical home-value index of $293,532 (-6.1% YoY) and a ZORI observed market rent of $1,585/mo (-3.1% YoY). Requires at least 51.7% 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
-$587/mo
Annual: -$7,047/yr
Modeled Cap Rate
3.67%
NOI: $10,764/yr
Cash-on-Cash Return
-10.44%
Cash Needed: $67,512
1% Rule Ratio
0.54%
Gross Yield: 6.48%
Break-Even Rent
$2,260/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 78640 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,484/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$688/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (78640)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $350,540 | $1,634/mo | 5.59% |
| 2022 | $410,414 | $1,767/mo | 5.17% |
| 2023 | $362,161 | $1,758/mo | 5.83% |
| 2024 | $339,045 | $1,654/mo | 5.85% |
| 2025 | $312,681 | $1,636/mo | 6.28% |
| 2026 | $293,532 | $1,585/mo | 6.48% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 75052 Grand Prairie, TX | $320,384 | $1,717/mo | 3.62% | -$652/mo |
| 75043 Garland, TX | $282,150 | $1,501/mo | 3.58% | -$584/mo |
| 76227 Aubrey, TX | $347,844 | $1,835/mo | 3.54% | -$733/mo |
| 75228 Dallas, TX | $271,305 | $1,428/mo | 3.52% | -$575/mo |
| 75150 Mesquite, TX | $248,356 | $1,297/mo | 3.48% | -$535/mo |
| 78542 Edinburg, TX | $200,627 | $1,119/mo | 3.85% | -$370/mo |