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 138 Evelyn Ct, Dripping Springs, TX, 78620 generates $4,364/mo in rent, after a $6,314/mo payment. Total monthly income is $4,364/mo. Return on cash invested sits at 6.56% in year one, and rental yield is 4.06% on a $1,290,000 entry. Equity gained on principal adds $8,324/yr, while 5% annual appreciation builds toward $356,403 over five years. Five-year ROI reaches 32.41% and total cumulative return in cash sums $135,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.60 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: Pam Cirkiel • M.E. 'Gene' Johnson REALTY
Mls Name: Unlock MLS
Mls ID: #2792678
