








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 151 Diamond Point Dr, Dripping Springs, TX, 78620 generates $2,781/mo in rent, after a $2,154/mo payment. Total monthly income is $2,781/mo. Return on cash invested sits at 17.04% in year one, and rental yield is 7.58% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 88.68% and total cumulative return in cash sums $129,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,781/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
3,659 sqft 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: Bailey Kyler • Admor Realty LLC
Mls Name: Unlock MLS
Mls ID: #4458878