Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 | $125/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dripping Springs at Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 offers $2,897/mo rent that, after a $1,908/mo payment, leaves $125/mo cash flow. Total monthly income is $2,897/mo, and annual cash flow is $1,501/yr on $129,199 cash. Return on cash invested measures 21.07% in year one, and rental yield stands at 8.92% at a $389,740 entry. Equity gained on principal adds $2,515/yr while 5% annual appreciation compounds into $107,678 by year five. Five-year ROI records 110.3% and total cumulative return in cash reaches $142,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,897/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

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