Reimer Plan, Park Collection at Heritage, Dripping Springs, TX, 78620 | 7.4% Rental Yield

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Reimer Plan, Park Collection at Heritage, Dripping Springs, TX, 78620 | 7.4% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dripping Springs at Reimer Plan, Park Collection at Heritage, Dripping Springs, TX, 78620 priced at $520,990 pairs $3,213/mo rent with after a $2,550/mo payment. Total monthly income equals $3,213/mo. Return on cash invested is 16.27% in year one, and rental yield stands at 7.4% on a $520,990 basis. Equity gained on principal adds $3,362/yr, and 5% annual appreciation accumulates to $143,940 by year five. Five-year ROI measures 84.64% and total cumulative return in cash reaches $145,078. For financing, Ziffy Mortgage’s DSCR program evaluates $3,213/mo property income against a $2,550/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$50 monthly HOA

More details about the property

This charming home boasts an entry foyer and high vaulted ceilings, opening into an expansive great room and state-of-the-art kitchen. For seamless indoor/outdoor entertaining, access a large, covered patio through your casual dining area or add optional sliding glass doors for a touch of modern elegance. A luxurious primary suite, a private guest bedroom and bath, a flex space and laundry room - all on the lower level - bring ease and convenience to everyday life. Situated upstairs, a bright, open game room gives your imagination nooks and crannies and plenty of space. You can also add an optional media room or fifth bedroom. Mesh WiFi and cutting-edge HomeSmart technology will help you stay comfortable, in control and connected from any room in your home.

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