Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dripping Springs at 1050 Springlake Dr, Dripping Springs, TX, 78620 generates $3,764/mo in rent, after a $3,549/mo payment. Total monthly income is $3,764/mo. Return on cash invested sits at 13.06% in year one, and rental yield is 6.23% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 67.28% and total cumulative return in cash sums $160,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,764/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
4.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
| 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 |
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Margaret Guzaldo • Magnolia Realty Austin Hill Co
Mls Name: Unlock MLS
Mls ID: #8917946
