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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dripping Springs at 320 Creek Rd #304, Dripping Springs, TX, 78620 offers a 9.26% rental yield on a $388,000 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $1,899/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,819/yr on $128,622 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $2,504/yr while 5% annual appreciation supports $107,197 over five years. Portfolio math shows five-year ROI at 115.8% and total cumulative return in cash at $148,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: Sherri Lindsey • GoldSher Properties
Mls Name: Unlock MLS
Mls ID: #1203999
