220 Fawn Meadow 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 220 Fawn Meadow Dr, Dripping Springs, TX, 78620 earns from $6,683/mo rent with a $9,716/mo payment. Total monthly income totals $6,683/mo. ROI tracks 6.5% on current figures, and rental yield reads 4.04% at a $1,985,000 purchase. Equity gained on principal adds $12,809/yr, and 5% annual appreciation supports $548,419 over five years. Five-year ROI reaches 32.08% and total cumulative return in cash sums $206,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,683/mo property income instead of your personal income.
Single Family
Built in 2004
5 Acres lot
$N/A/sqft
No 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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Listed by: Bryan Swafford • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #4380083