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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 488 Iron Willow Loop, Dripping Springs, TX, 78620 uses $364,020 cash to close to unlock $16,446/yr annual cash flow and $1,371/mo monthly cash flow. Total monthly income runs $9,360/mo, and a $5,499/mo payment keeps the spread at $1,371/mo. Purchase price stands at $1,123,518, and rental yield measures 10% with $9,360/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $310,407 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash records $475,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,360/mo property income covering a $5,499/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 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: Ben Caballero • HomesUSA.com
Mls Name: Unlock MLS
Mls ID: #1941891
