240 Lone Pine Ln UNIT 2The 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
Total monthly income runs $1,800/mo, and a $1,698/mo payment. Purchase price stands at $347,000, and rental yield measures 6.22% with $1,800/mo rent. Return on cash invested shows 16.84% in year one, and 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 86.19% and total cumulative return in cash records $99,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,698/mo payment rather than investor’s personal income.
Condo
Built in 1996
N/A 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: Chelsea Barnes • Windermere CRG
Mls Name: RMLS (OR)
Mls ID: #594244461