2226 W 8th StThe DallesOR97058
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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
Rental property for sale in The Dalles at 2226 W 8th St, The Dalles, OR, 97058 generates $3,000/mo in rent and, after a $1,542/mo payment, leaves $1,098/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $13,180/yr on $104,423 invested. Return on cash invested sits at 32.53% in year one, and rental yield is 11.43% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 170.36% and total cumulative return in cash sums $177,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97058, The Dalles, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,953 (100%) |
| Owner Occupied HU | 5,383 (60.1%) |
| Renter Occupied HU | 3,027 (33.8%) |
| Vacant Housing Units | 543 ( 6.1%) |
| Median Home Value | $389,843 |
| Average Home Value | $414,433 |
Housing Distribution
Address Breakdown
Residential
8,557
Single Family
8,185
Multi-Family
372
Businesses
1,012
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Listed by: Andy Wilcox • Matin Real Estate
Mls Name: RMLS (OR)
Mls ID: #779755016