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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% |
Rental property for sale in Dripping Springs at 1234 N Roger Hanks Pkwy, Dripping Springs, TX, 78620 generates $9,360/mo in rent and, after a $2,281/mo payment, leaves $6,046/mo in cash flow. Total monthly income is $9,360/mo, and annual cash flow is $72,550/yr on $154,512 invested. Return on cash invested sits at 66.86% in year one, and rental yield is 24.1% on a $466,100 entry. Equity gained on principal adds $3,008/yr, while 5% annual appreciation builds toward $128,775 over five years. Five-year ROI reaches 355.85% and total cumulative return in cash sums $549,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-09-03 | Listing removed | $469,990 |
| 2025-08-04 | Pending sale | $469,990 |
| 2025-07-16 | Price change | $469,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A
