








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Dripping Springs at McKinney Plan, Cannon Ranch, Dripping Springs, TX, 78620 generates $3,178/mo in rent, after a $2,244/mo payment. Total monthly income is $3,178/mo. Return on cash invested sits at 19.26% in year one, and rental yield is 8.32% on a $458,490 entry. Equity gained on principal adds $2,959/yr, while 5% annual appreciation builds toward $126,672 over five years. Five-year ROI reaches 100.57% and total cumulative return in cash sums $152,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,178/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
| 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 |
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Price change | $458,490 |
| 2025-03-25 | Price change | $457,490 |
| 2025-02-01 | Price change | $456,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Austin NHA • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A