288 Silver Sage CtDripping 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
Rental property for sale in Dripping Springs at 288 Silver Sage Ct, Dripping Springs, TX, 78620 priced at $1,153,548 converts $4,220/mo rent into after a $5,646/mo obligation. Total monthly income equals $4,220/mo. Return on cash invested prints 7.58% in year one, and rental yield reads 4.39% against a $1,153,548 entry. Equity gained on principal adds $7,444/yr, while 5% annual appreciation compiles into $318,704 by year five. Five-year ROI reaches 37.88% and total cumulative return in cash sums $141,559. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,220/mo property income covering a $5,646/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,997 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Rado • David Weekley Homes
Mls Name: Unlock MLS
Mls ID: #9221930