430 Old Fitzhugh Rd APT 2, Dripping Springs, TX, 78620 | $154/mo Cash Flow

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430 Old Fitzhugh Rd APT 2, Dripping Springs, TX, 78620 | $154/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dripping Springs at 430 Old Fitzhugh Rd APT 2, Dripping Springs, TX, 78620 earns $154/mo cash flow from $2,778/mo rent with a $1,806/mo payment. Total monthly income totals $2,778/mo, and annual cash flow totals $1,849/yr on $122,324 capital. ROI tracks 21.42% on current figures, and rental yield reads 9.03% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 112.19% and total cumulative return in cash sums $137,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,778/mo property income instead of your personal income.

Townhouse

Built in 2011

0.95 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover a rare opportunity to live just steps from the heart of Dripping Springs. This charming townhome is ideally located within walking distance to historic Mercer Street and Founders Park, offering a true blend of small-town charm and modern convenience. Zoned to the highly coveted Dripping Springs ISDa destination district families move here specifically to be part ofyoull also appreciate the unbeatable proximity to local schools. Tucked away in a private enclave of just eight residences, the community is quiet, shaded with mature trees, and designed for ease of living. A private attached garage and a spacious fenced yard with a covered patio provide comfort, privacy, and outdoor enjoyment. Inside, the semi-open floorplan flows easily from the living area to a well-appointed kitchen with ample workspace, making it perfect for both daily living and entertaining. All appliances are included, creating a move-in-ready experience. Upstairs, youll find three generous bedrooms, two full bathrooms, and a versatile bonus room. Whether used as a media room, home office, fitness space, or playroom, this expansive area adapts to your lifestyle needs. This home offers the rare combination of walkability, top-rated schools, and a quiet, intimate community settingtruly a gem in the heart of Dripping Springs.

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