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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 138 Prism Cv, Dripping Springs, TX, 78620 offers $3,798/mo rent that, after a $2,834/mo payment. Total monthly income is $3,798/mo. Return on cash invested measures 17.48% in year one, and rental yield stands at 7.87% at a $579,100 entry. Equity gained on principal adds $3,737/yr while 5% annual appreciation compounds into $159,995 by year five. Five-year ROI records 91.22% and total cumulative return in cash reaches $173,798. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,798/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
$90 monthly 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 |
|---|---|---|
| 2025-06-20 | Listing removed | $600,000 |
| 2025-05-20 | Contingent | $600,000 |
| 2025-05-16 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $8461.72 | -21.00% | $574,610 | -9.78% |
| 2023-10-29 | $10711.02 | -2.55% | $636,870 | 9.13% |
| 2022-10-29 | $10991.15 | 44.94% | $583,580 | 53.71% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
