356 NW Ivy AveDallasOR97338
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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 356 NW Ivy Ave, Dallas, OR, 97338 earns from $3,275/mo rent with a $2,692/mo payment. Total monthly income totals $3,275/mo. ROI tracks 19.76% on current figures, and rental yield reads 7.15% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 101.84% and total cumulative return in cash sums $184,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,275/mo property income instead of your personal income.
Single Family
Built in 2007
7,541 sqft 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 |
|---|---|---|
| 2025-07-30 | Sold | $550,000 |
| 2025-06-15 | Contingent | $550,000 |
| 2025-05-06 | Listed for sale | $550,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $4084.99 | 4.00% | $289,560 | 3.00% |
| 2023-10-17 | $3928.03 | 2.69% | $281,130 | 3.00% |
| 2022-10-17 | $3825.09 | 2.83% | $272,950 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2007
- Architectural Style: N/A
- Building Area: 1,954
- Living Area: 1,954 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Tile
- Interior Features: High Speed Internet
- Exterior Features: N/A
- Parking Features: Attached
Location
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: Lyle
- Middle School: LaCreole
- High School: Dallas
Listed by: PHIL HYRE • Realty First Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #828601
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.