








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 Dallas at 15280 Strong Rd, Dallas, OR, 97338 listed at $595,000 pairs $3,329/mo rent with a $2,912/mo payment. Total monthly income runs $3,329/mo. Return on cash invested measures 18.45% in year one, and rental yield registers 6.71% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 94.8% and total cumulative return in cash totals $185,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,329/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97338, Dallas, OR area.
| 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 |
Residential
9,322
Single Family
8,769
Multi-Family
553
Businesses
623
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Listed for sale | $595,000 |
| 2024-08-20 | Contingent | $595,000 |
| 2024-06-28 | Listed for sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2625.09 | 2.65% | $212,069 | 3.00% |
| 2022-10-18 | $2557.32 | 10.23% | $205,896 | 3.00% |
| 2021-10-18 | $2319.90 | 3.32% | $199,905 | 3.00% |



Listed by: AMBER ARCHIBALD • Made Out West Land Company, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #818669
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.