474 Milkwood TerDripping SpringsTX78620
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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
Investment Highlights
Investment property for sale in Dripping Springs at 474 Milkwood Ter, Dripping Springs, TX, 78620 at $484,990 posts ROI 17.03% with from $3,064/mo rent. Total monthly income equals $3,064/mo. Return on cash invested measures 17.03% and rental yield reads 7.58% at the current $484,990. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,994 by year five. Five-year ROI prints 88.63% and total cumulative return in cash totals $142,487. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,064/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A 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
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Listed by: Valerie Escobedo • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A