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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 991 N Roger Hanks Pkwy, Dripping Springs, TX, 78620 offers $9,360/mo rent that, after a $2,404/mo payment, leaves $5,817/mo cash flow. Total monthly income is $9,360/mo, and annual cash flow is $69,809/yr on $162,800 cash. Return on cash invested measures 62.79% in year one, and rental yield stands at 22.87% at a $491,100 entry. Equity gained on principal adds $3,169/yr while 5% annual appreciation compounds into $135,682 by year five. Five-year ROI records 334.15% and total cumulative return in cash reaches $543,994. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,360/mo property income versus a $2,404/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,793 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 |
|---|---|---|
| 2025-06-23 | Listing removed | $497,565 |
| 2025-05-02 | Listed for sale | $497,565 |
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
