








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 Rowan Plan, Arbor Collection at Heritage, Dripping Springs, TX, 78620 with 5% annual appreciation on a $464,990 basis while $4,186/mo rent supports operations. Total monthly income totals $4,186/mo and a $2,276/mo payment preserves $829/mo for cash returns. Annual cash flow comes to $9,951/yr on $154,144 deployed, and return on cash invested reaches 26.36% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,468 alongside rental yield of 10.8%. Five-year ROI measures 138.83% and total cumulative return in cash totals $214,004.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,186/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$50 monthly 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 |
|---|---|---|
| 2025-09-13 | Price change | $464,990 |
| 2025-01-15 | Price change | $474,990 |
| 2024-02-05 | Listed for sale | $491,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A