






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 118 Carentan Cv, Dripping Springs, TX, 78620 priced at $959,990 pairs $9,360/mo rent with $2,533/mo cash flow after a $4,699/mo payment. Total monthly income equals $9,360/mo, and annual cash flow comes to $30,396/yr on $315,837 invested. Return on cash invested is 29.68% in year one, and rental yield stands at 11.7% on a $959,990 basis. Equity gained on principal adds $6,195/yr, and 5% annual appreciation accumulates to $265,228 by year five. Five-year ROI measures 156.46% and total cumulative return in cash reaches $494,166. For financing, Ziffy Mortgage’s DSCR program evaluates $9,360/mo property income against a $4,699/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.35 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: Greg Smith • RGS Realty LLC
Mls Name: Unlock MLS
Mls ID: #5252162