236 Ranch Ridge DrDripping SpringsTX78620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 236 Ranch Ridge Dr, Dripping Springs, TX, 78620 earns $58/mo cash flow from $7,806/mo rent with a $5,314/mo payment. Total monthly income totals $7,806/mo, and annual cash flow totals $698/yr on $351,799 capital. ROI tracks 20.57% on current figures, and rental yield reads 8.63% at a $1,085,800 purchase. Equity gained on principal adds $7,006/yr, and 5% annual appreciation supports $299,987 over five years. Five-year ROI reaches 107.56% and total cumulative return in cash sums $378,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,806/mo property income instead of your personal income.
Single Family
Built in 2014
0.75 Acres lot
$N/A/sqft
$27 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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