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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dripping Springs at 120 Prairie Clover Dr, Dripping Springs, TX, 78620 listed at $879,900 pairs $3,879/mo rent with a $4,307/mo payment. Total monthly income runs $3,879/mo. Return on cash invested measures 10.2% in year one, and rental yield registers 5.29% at a $879,900 basis. Equity gained on principal adds $5,678/yr, and annual property appreciation at 5% supports $243,100 by year five. Five-year ROI tracks 51.97% and total cumulative return in cash totals $150,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,879/mo property income relative to a $4,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.77 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: Dale Hill • LGI Homes
Mls Name: Unlock MLS
Mls ID: #2468783
