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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dallas at 1703 SE Salmonberry Ave, Dallas, OR, 97338 priced at $461,380 pairs $2,986/mo rent with $201/mo cash flow after a $2,258/mo payment. Total monthly income equals $2,986/mo, and annual cash flow comes to $2,415/yr on $152,947 invested. Return on cash invested is 21.49% in year one, and rental yield stands at 7.77% on a $461,380 basis. Equity gained on principal adds $2,977/yr, and 5% annual appreciation accumulates to $127,471 by year five. Five-year ROI measures 111.14% and total cumulative return in cash reaches $169,983. For financing, Ziffy Mortgage’s DSCR program evaluates $2,986/mo property income against a $2,258/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,214 sqft 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 |
|---|---|---|
| 2024-06-10 | Price change | $461,380 |
| 2024-04-25 | Listed for sale | $459,380 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: LESLIE JAMES • Premiere Property Group, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #816062
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.
