1037 Lucca DrDripping SpringsTX78620
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dripping Springs at 1037 Lucca Dr, Dripping Springs, TX, 78620 earns from $3,630/mo rent with a $2,524/mo payment. Total monthly income totals $3,630/mo. ROI tracks 19.8% on current figures, and rental yield reads 8.45% at a $515,600 purchase. Equity gained on principal adds $3,327/yr, and 5% annual appreciation supports $142,451 over five years. Five-year ROI reaches 103.47% and total cumulative return in cash sums $175,522. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,630/mo property income instead of your personal income.
Condo
Built in 2021
17.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,147 (100%) |
| Owner Occupied HU | 8,366 (82.4%) |
| Renter Occupied HU | 1,041 (10.3%) |
| Vacant Housing Units | 740 ( 7.3%) |
| Median Home Value | $735,904 |
| Average Home Value | $830,505 |
Housing Distribution
Address Breakdown
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
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Nearby investment properties with comparable prices
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