McKinney 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 McKinney Plan, Cannon Ranch, Dripping Springs, TX, 78620 at $450,740 posts ROI 21.64% with $216/mo cash flow from $3,421/mo rent. Total monthly income equals $3,421/mo, and annual cash flow records $2,590/yr on $149,420 to close. Return on cash invested measures 21.64% and rental yield reads 9.11% at the current $450,740. Equity gained on principal adds $2,909/yr, and 5% annual appreciation supports $124,531 by year five. Five-year ROI prints 113.35% and total cumulative return in cash totals $169,366.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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: N/A • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A