309 W 7th 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
Investment property for sale in The Dalles at 309 W 7th St, The Dalles, OR, 97058 offers a 8.33% rental yield on a $249,000 purchase with $1,728/mo rent. Total monthly income registers $1,728/mo, and a $1,219/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,697/yr on $82,544 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 120.16% and total cumulative return in cash at $99,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,728/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,049 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: Connie Thomasian • Windermere CRG
Mls Name: RMLS (OR)
Mls ID: #400285230