








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 Falls City at 138 Carey Ct, Falls City, OR, 97344 uses $170,422 cash to close to unlock $1,855/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $3,281/mo, and a $2,535/mo payment keeps the spread at $155/mo. Purchase price stands at $518,000, and rental yield measures 7.6% with $3,281/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $143,114 over five years. Five-year ROI reaches 109.26% and total cumulative return in cash records $186,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,281/mo property income covering a $2,535/mo payment rather than investor’s personal income.
Single Family
Built in 2018
8,636 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97344, Falls City, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 387 (76.5%) |
| Renter Occupied HU | 86 (17.0%) |
| Vacant Housing Units | 33 ( 6.5%) |
| Median Home Value | $537,775 |
| Average Home Value | $536,912 |
Residential
459
Single Family
456
Multi-Family
3
Businesses
26
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $518,000 |
| 2008-07-18 | Sold | $37,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $3203.99 | 3.42% | $247,210 | 3.00% |
| 2022-04-22 | $3098.14 | 2.96% | $240,010 | 3.00% |
| 2021-04-22 | $3009.17 | 3.14% | $233,020 | 3.00% |



Listed by: DALLAS FRANCE • More Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #827833
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.