DEALPULSE RESEARCH ZIP 77433 MARKET REPORT
ZIP CODE 77433 // HOUSTON-THE WOODLANDS-SUGAR LAND, TX // DATA AS OF 2026-09-30

Cypress, TX (77433) Rental Property Cap Rate & Cash Flow Report

Located in Harris County (Cypress, TX), Zip Code 77433 ranks #292 of 500 nationally (42th percentile) with a Zillow ZHVI typical acquisition price of $422,856 (-1.2% YoY) and a ZORI observed market rent of $1,964/mo (0.0% YoY). Requires at least 62.0% down payment at 6.5% interest to reach $0/mo break-even cash flow.

Net Monthly Cash Flow -$1,123/mo Annual: -$13,481/yr
Net Cap Rate 2.88% NOI: $12,177/yr
Cash-on-Cash Return -13.86% Cash Needed: $97,257
1% Rule Ratio 0.46% Gross Yield: 5.57%
Break-Even Rent $3,256/mo State Tax: 1.47%/yr
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INTERACTIVE PRO-FORMA STATEMENT (ZIP 77433 BENCHMARK) Edit any value
Purchase Price (ZHVI Median)
Monthly Gross Rent (ZORI Median)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I) -$2,138/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves) -$950/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (77433)
Year Median Price Median Rent Gross Yield
2021 $368,778 $1,813/mo 5.90%
2022 $441,936 $1,951/mo 5.30%
2023 $433,440 $1,973/mo 5.46%
2024 $435,668 $1,966/mo 5.41%
2025 $427,897 $1,964/mo 5.51%
2026 $422,856 $1,964/mo 5.57%
COMPARABLE U.S. RENTAL MARKETS
Zip / City Price Rent Cap Rate Cash Flow
78249 San Antonio, TX $298,882 $1,393/mo 2.90% -$790/mo
78045 Laredo, TX $295,277 $1,381/mo 2.91% -$776/mo
77407 Richmond, TX $372,531 $1,716/mo 2.84% -$1,003/mo
77450 Katy, TX $374,993 $1,763/mo 2.94% -$978/mo
78666 San Marcos, TX $309,421 $1,418/mo 2.81% -$839/mo
77375 Tomball, TX $355,110 $1,679/mo 2.97% -$918/mo