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Market Yield Analysis

Houston Rental Yield Analysis

Gross and net rental yield estimates for Houston, TX, with investor commentary and recommended underwriting adjustments.

Median Home Price
$335,000
Median Rent
$2,050 / mo
Gross Yield
7.34%
Cap Rate (avg)
6.6%
Vacancy Rate
7.2%
Rent-to-Price
0.61%
Monthly

Investor commentary

Houston favors cash-flow investors. Inside-the-Loop B-class properties are the sweet spot for stable tenancy.

How to interpret Houston's rental yield

A 7.3% rental yield in Houston compares favorably to coastal gateway markets (typically 4–5%) and signals meaningful month-one cash flow potential. Always underwrite with the property's actual taxes and insurance — both can swing materially in this state.

Recommended underwriting adjustments

  • Reset property taxes to your purchase price, not the seller's basis.
  • Add 7% vacancy as baseline; stress to 10% in worst case.
  • Budget 8–10% management plus 8% maintenance + capex reserves.
  • Verify insurance quotes from at least two carriers before closing.