2007 Hidden Hills DrDripping SpringsTX78620
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dripping Springs at 2007 Hidden Hills Dr, Dripping Springs, TX, 78620 offers a 10.11% rental yield on a $689,700 purchase with $5,810/mo rent. Total monthly income registers $5,810/mo, and a $3,376/mo payment leaves $902/mo available for distribution. Annual cash flow reaches $10,826/yr on $226,911 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $4,451/yr while 5% annual appreciation supports $190,551 over five years. Portfolio math shows five-year ROI at 130.44% and total cumulative return in cash at $295,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,810/mo property income against a $3,376/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.80 Acres lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
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Nearby investment properties with comparable prices
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