







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 Blake Plan, Cannon Ranch, Dripping Springs, TX, 78620 offers $4,014/mo rent that, after a $2,406/mo payment, leaves $519/mo cash flow. Total monthly income is $4,014/mo, and annual cash flow is $6,222/yr on $162,929 cash. Return on cash invested measures 23.73% in year one, and rental yield stands at 9.8% at a $491,490 entry. Equity gained on principal adds $3,172/yr while 5% annual appreciation compounds into $135,790 by year five. Five-year ROI records 124.53% and total cumulative return in cash reaches $202,896. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,014/mo property income versus a $2,406/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-03-25 | Price change | $491,490 |
| 2025-02-01 | Price change | $490,490 |
| 2025-01-15 | Price change | $488,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Austin NHA • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A