








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 301 Ranier Way, Dripping Springs, TX, 78620 priced at $411,823 pairs $2,994/mo rent with $65/mo cash flow after a $2,016/mo payment. Total monthly income equals $2,994/mo, and annual cash flow comes to $781/yr on $136,519 invested. Return on cash invested is 20.48% in year one, and rental yield stands at 8.72% on a $411,823 basis. Equity gained on principal adds $2,657/yr, and 5% annual appreciation accumulates to $113,779 by year five. Five-year ROI measures 107.16% and total cumulative return in cash reaches $146,288. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $2,016/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
4,791 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: Kent Zarbock • ERA Experts
Mls Name: Unlock MLS
Mls ID: #8101653