1862 SE Mulberry AveDallasOR97338
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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
Investment Highlights
Investment property for sale in Dallas at 1862 SE Mulberry Ave, Dallas, OR, 97338 listed at $389,900 pairs $2,495/mo rent with a $1,908/mo payment to leave $142/mo cash flow. Total monthly income runs $2,495/mo, and annual cash flow reaches $1,702/yr on $129,252 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 7.68% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 109.69% and total cumulative return in cash totals $141,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,495/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
3,231 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: ALEX MCCARTHY • John L. Scott-Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #828778
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.