1460-2 Plan, Highland Gleanns Phase 2, Dallas, OR, 97338 | $360/mo Cash Flow

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1460-2 Plan, Highland Gleanns Phase 2, Dallas, OR, 97338 | $360/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Dallas at 1460-2 Plan, Highland Gleanns Phase 2, Dallas, OR, 97338 listed at $437,380 pairs $3,000/mo rent with a $2,141/mo payment to leave $360/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $4,316/yr on $144,991 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.23% at a $437,380 basis. Equity gained on principal adds $2,822/yr, and annual property appreciation at 5% supports $120,840 by year five. Five-year ROI tracks 118.61% and total cumulative return in cash totals $171,976. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,141/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

More details about the property

Open-concept 3 bed/2.5 bath plan with plenty of counter space & covered porch off of the Kitchen & 17 x 16 GR. Granite/Quartz countertops throughout, shaker soft close cabinets, SS Gas appliances. Primary Bedroom has double vanity & double walk in closets, spacious Bed #3 14 x 11. Covered front porch, landscaped front yard w/sprinklers. Fully fenced. No HOA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97338, Dallas, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,715 (100%)
Owner Occupied HU	6,971 (71.8%)
Renter Occupied HU	2,440 (25.1%)
Vacant Housing Units	304 ( 3.1%)
Median Home Value	$460,123
Average Home Value	$495,328