








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 400 Meadow Oaks Dr, Dripping Springs, TX, 78620 offers $2,994/mo rent that, after a $3,079/mo payment. Total monthly income is $2,994/mo. Return on cash invested measures 11.48% in year one, and rental yield stands at 5.71% at a $629,000 entry. Equity gained on principal adds $4,059/yr while 5% annual appreciation compounds into $173,781 by year five. Five-year ROI records 58.84% and total cumulative return in cash reaches $121,773. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $3,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.50 Acres 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: Katrina Goodman • Pure Realty
Mls Name: Unlock MLS
Mls ID: #5025573