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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 17234 Oakdale Rd, Dallas, OR, 97338 generates $3,781/mo in rent, after a $8,810/mo payment. Total monthly income is $3,781/mo. Return on cash invested sits at 5.79% in year one, and rental yield is 2.52% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 26.84% and total cumulative return in cash sums $156,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,781/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
118 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $1,800,000 |
| 1993-11-19 | Sold | $107,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $3818.48 | 3.57% | $299,799 | 2.96% |
| 2022-04-23 | $3687.00 | 9.62% | $291,193 | 2.95% |
| 2021-04-23 | $3363.47 | 3.39% | $282,839 | 2.95% |
Listed by: DEWEY WHITTON • The Salem Real Estate Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #825598
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.
