Buchanan Plan, Cannon RanchDripping 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 Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 earns $167/mo cash flow from $2,994/mo rent with a $1,946/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $2,003/yr on $131,768 capital. ROI tracks 21.43% on current figures, and rental yield reads 9.04% at a $397,490 purchase. Equity gained on principal adds $2,565/yr, and 5% annual appreciation supports $109,819 over five years. Five-year ROI reaches 112.2% and total cumulative return in cash sums $147,848. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Single Family
Built in 2025
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: Austin NHA • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A