2405 Wright 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 2405 Wright St, The Dalles, OR, 97058 generates $3,000/mo in rent and, after a $1,835/mo payment, leaves $737/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $8,842/yr on $124,313 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 9.6% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 140.78% and total cumulative return in cash sums $175,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
10,454 sqft 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: Stephanie Mellor • John L. Scott Market Center
Mls Name: RMLS (OR)
Mls ID: #512302809