Italy, TX — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.3%

Below average

Monthly Cash Flow

-$453

After all expenses

Price-to-Rent

13.8

Investor-friendly

DSCR

0.67

Fails

📊 Key Metrics

Median Home Price
$259,468
Average Rent (3BR)
$1,580/mo
Price-to-Rent Ratio
13.8(good)
1% Rule
0.60%(fails — need 1%+)
Cash-on-Cash Return
-9.1%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.3%(0% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.68%

of assessed value (TX avg)

Median Income

$67,321

household (TX avg)

Rent-to-Income

28.2%

Affordable

Section 8 Max Rent

$1,580/mo

3BR voucher payment

🏛️ TX Investor Climate

Landlord Friendly

9/10

State Income Tax

✅ None

Property Tax

1.68% effective

Population Trend

+1.5% (3yr)

🏘️ Best Zip Codes in Italy for Investors

76651
Cap Rate: 4.5%Cash Flow: -$400/mo$258,956
76670
Cap Rate: 4.0%Cash Flow: -$506/mo$259,980

All Zip Codes in Italy

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
766514.5%-$400$258,956$1,640/mo0.71
766704.0%-$506$259,980$1,520/mo0.63