Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 | $48/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 | $48/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1702 sft

121 Silent Moon Cir, Wimberley, TX, 78676

3 Bed
2 Bath
2007 sft

246 Whispering Valley Dr, Wimberley, TX, 78676

3 Bed
2 Bath
1882 sft

710 LAZY OAKS DR, Canyon Lake, TX, 78133

3 Bed
2 Bath
1641 sft

1541 COTTONWOOD RD, Fischer, TX, 78623

Nearby investment properties with comparable prices

3 Bed
2 Bath
1508 sft

38 Wide Canyon Dr, Wimberley, TX, 78676

3 Bed
2 Bath
1400 sft

50 Whispering Valley Dr, Wimberley, TX, 78676

3 Bed
2 Bath
1753 sft

656 Fawn, Spring Branch, TX, 78070

2 Bed
2 Bath
1964 sft

35 Deer Ridge Rd, Wimberley, TX, 78676

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Dripping Springs at Buchanan Plan, Cannon Ranch, Dripping Springs, TX, 78620 generates $2,861/mo in rent and, after a $1,936/mo payment, leaves $48/mo in cash flow. Total monthly income is $2,861/mo, and annual cash flow is $580/yr on $131,105 invested. Return on cash invested sits at 20.35% in year one, and rental yield is 8.68% on a $395,490 entry. Equity gained on principal adds $2,552/yr, while 5% annual appreciation builds toward $109,267 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash sums $139,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,861/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

With a substantial walk-in pantry and large kitchen island that overlooks the spacious family room, the Buchanan's open floorplan is perfect for entertaining guests both inside and outdoors under the private covered patio.

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