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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% |
Rental property for sale in Dripping Springs at 983 N Roger Hanks Pkwy, Dripping Springs, TX, 78620 generates $9,360/mo in rent and, after a $2,565/mo payment, leaves $5,583/mo in cash flow. Total monthly income is $9,360/mo, and annual cash flow is $66,999/yr on $172,429 invested. Return on cash invested sits at 58.92% in year one, and rental yield is 21.43% on a $524,100 entry. Equity gained on principal adds $3,382/yr, while 5% annual appreciation builds toward $144,799 over five years. Five-year ROI reaches 313.35% and total cumulative return in cash sums $540,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,796 sqft lot
$N/A/sqft
$50 monthly 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 |
|---|---|---|
| 2025-07-30 | Listing removed | $531,710 |
| 2025-07-09 | Listed for sale | $531,710 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A
