Wyatt Plan, Cannon Ranch, Dripping Springs, TX, 78620 | 7.48% Rental Yield

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Wyatt Plan, Cannon Ranch, Dripping Springs, TX, 78620 | 7.48% 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 Wyatt Plan, Cannon Ranch, Dripping Springs, TX, 78620 priced at $499,740 pairs $3,115/mo rent with after a $2,446/mo payment. Total monthly income equals $3,115/mo. Return on cash invested is 16.73% in year one, and rental yield stands at 7.48% on a $499,740 basis. Equity gained on principal adds $3,225/yr, and 5% annual appreciation accumulates to $138,069 by year five. Five-year ROI measures 87.03% and total cumulative return in cash reaches $144,178. For financing, Ziffy Mortgage’s DSCR program evaluates $3,115/mo property income against a $2,446/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Immerse yourself in the harmonious design of this captivating Wyatt home plan. Natural light shines brightly throughout, with an open-concept kitchen that flows beautifully into the family room where doors lead out onto the covered patio for year-round enjoyment. The family room and dining space are perfect for relaxation. And a first-floor flex room offers options to create a home that fits your needs and style.

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