300 SE Lacreole Dr UNIT 225DallasOR97338
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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 300 SE Lacreole Dr UNIT 225, Dallas, OR, 97338 listed at $119,995 pairs $3,000/mo rent with a $587/mo payment to leave $2,276/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $27,312/yr on $39,778 cash to close. Return on cash invested measures 88.57% in year one, and rental yield registers 30% at a $119,995 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,152 by year five. Five-year ROI tracks 470.83% and total cumulative return in cash totals $187,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $119,995 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1989
- Architectural Style: N/A
- Building Area: 1,296
- Living Area: 1,296 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Heat Pump, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Vinyl
- Interior Features: Mudroom
- Exterior Features: Blue
- Parking Features: Carport
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Whitworth
- Middle School: LaCreole
- High School: Dallas
Listed by: LAURICE DABBAH • Berkshire Hathaway Homeservices R E Prof
Mls Name: WVMLS
Mls Provider:
Mls ID: #822310
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.