Colton Plan, Cannon RanchDripping SpringsTX78620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colton Plan, Cannon Ranch, Dripping Springs, TX, 78620 earns from $3,272/mo rent with a $2,342/mo payment. Total monthly income totals $3,272/mo. ROI tracks 18.92% on current figures, and rental yield reads 8.21% at a $478,490 purchase. Equity gained on principal adds $3,088/yr, and 5% annual appreciation supports $132,198 over five years. Five-year ROI reaches 98.77% and total cumulative return in cash sums $156,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,272/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin NHA • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A