ZIP CODE 78254 // SAN ANTONIO-NEW BRAUNFELS, TX // DATA AS OF 2026-09-30
San Antonio, TX (78254) Rental Property Cap Rate & Cash Flow Report
Located in Bexar County (San Antonio, TX), Zip Code 78254 ranks #120 of 500 within this selected sample (76th percentile) with a Zillow ZHVI typical home-value index of $304,573 (-1.8% YoY) and a ZORI observed market rent of $1,801/mo (-1.7% YoY). Requires at least 44.6% 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
-$473/mo
Annual: -$5,679/yr
Modeled Cap Rate
4.20%
NOI: $12,802/yr
Cash-on-Cash Return
-8.11%
Cash Needed: $70,052
1% Rule Ratio
0.59%
Gross Yield: 7.10%
Break-Even Rent
$2,345/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 78254 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,540/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$734/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (78254)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $288,890 | $1,682/mo | 6.99% |
| 2022 | $336,774 | $1,809/mo | 6.45% |
| 2023 | $327,838 | $1,796/mo | 6.57% |
| 2024 | $319,304 | $1,815/mo | 6.82% |
| 2025 | $310,263 | $1,832/mo | 7.09% |
| 2026 | $304,573 | $1,801/mo | 7.10% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 77469 Rosenberg, TX | $337,049 | $1,994/mo | 4.21% | -$523/mo |
| 75068 Little Elm, TX | $390,972 | $2,317/mo | 4.22% | -$603/mo |
| 77346 Atascocita, TX | $307,801 | $1,814/mo | 4.18% | -$484/mo |
| 77036 Houston, TX | $159,566 | $934/mo | 4.14% | -$256/mo |
| 78245 San Antonio, TX | $253,570 | $1,484/mo | 4.14% | -$407/mo |
| 77084 Houston, TX | $261,493 | $1,526/mo | 4.12% | -$424/mo |