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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dripping Springs at Paramount II Plan, Heritage, Dripping Springs, TX, 78620 listed at $515,990 pairs $4,349/mo rent with a $2,526/mo payment to leave $679/mo cash flow. Total monthly income runs $4,349/mo, and annual cash flow reaches $8,151/yr on $169,761 cash to close. Return on cash invested measures 24.86% in year one, and rental yield registers 10.11% at a $515,990 basis. Equity gained on principal adds $3,330/yr, and annual property appreciation at 5% supports $142,559 by year five. Five-year ROI tracks 130.61% and total cumulative return in cash totals $221,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,349/mo property income relative to a $2,526/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 |
|---|---|---|
| 2024-09-01 | Price change | $515,990 |
| 2024-06-19 | Price change | $514,990 |
| 2024-04-02 | Listed for sale | $504,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A
