Costa Plan, HeritageDripping 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 Costa Plan, Heritage, Dripping Springs, TX, 78620 offers a 9.28% rental yield on a $394,990 purchase with $3,056/mo rent. Total monthly income registers $3,056/mo, and a $1,933/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,969/yr on $130,939 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,128 over five years. Portfolio math shows five-year ROI at 116.23% and total cumulative return in cash at $152,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,056/mo property income against a $1,933/mo payment rather than investor’s personal income documents like 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 |
Housing Distribution
Address Breakdown
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
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Nearby investment properties with comparable prices
Listed by: N/A • M/I Homes
Mls Name: M/I Homes
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