1654 SE Salmonberry AveDallasOR97338
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Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Dallas at 1654 SE Salmonberry Ave, Dallas, OR, 97338 generates $3,016/mo in rent and, after a $2,229/mo payment, leaves $267/mo in cash flow. Total monthly income is $3,016/mo, and annual cash flow is $3,204/yr on $150,992 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 7.95% on a $455,480 entry. Equity gained on principal adds $2,939/yr, while 5% annual appreciation builds toward $125,841 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash sums $172,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,016/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,500 sqft lot
$N/A/sqft
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 |
Housing Distribution
Address Breakdown
Residential
9,322
Single Family
8,769
Multi-Family
553
Businesses
623
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Listed by: LESLIE JAMES • Premiere Property Group, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #813696
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.