Zip Code 77093 โ€” Houston, TX

๐ŸŸขGOODโ€” solid returns
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Average

Moderate returns ยท Score: 54/100

Cap Rate

6.7%

Monthly Cash Flow

+$37

Median Home Price

$166,051

DSCR

1.04

Fair Market Rents

Studio
$850/mo
1 Bedroom
$890/mo
2 Bedroom
$1,070/mo
3 Bedroom
$1,410/mo
4 Bedroom
$1,820/mo

Investment Metrics

Cap Rate
6.7%
Cash-on-Cash Return
1.2%
Price-to-Rent Ratio
9.8
1% Rule
0.85%
Gross Rent Multiplier
9.8
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’