278 SW Applegate Trail Dr, Dallas, OR, 97338 | $229/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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278 SW Applegate Trail Dr, Dallas, OR, 97338 | $229/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dallas at 278 SW Applegate Trail Dr, Dallas, OR, 97338 uses $145,860 cash to close to unlock $2,744/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $2,885/mo, and a $2,154/mo payment keeps the spread at $229/mo. Purchase price stands at $440,000, and rental yield measures 7.87% with $2,885/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash records $164,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,885/mo property income covering a $2,154/mo payment rather than investor’s personal income.

Single Family

Built in 2018

5,663 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully maintained home featuring modern and thoughtful finishes. With soaring 9-foot ceilings and a generous master suite enhanced by elegant tray ceilings, large walk in closet & ensuite. The spacious kitchen (All kitchen appliance and washer/dryer included), designed with abundant counter space and storage, seamlessly flowing into the living area filled with natural light. Comfort is ensured year-round with central air and an efficient gas furnace. Freshly painted exterior adds to the homes curb appeal, while the added patio extends your living space outdoors, newly planted lawn with underground sprinklers and fully fenced back yard with side gates- ideal for entertaining and relaxing.This move-in ready home combines style, comfort, and functionalityperfect for modern living, with 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