








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Dallas at 357 SE Kitzmiller Dr, Dallas, OR, 97338 at $349,880 posts ROI 20.35% with $43/mo cash flow from $2,154/mo rent. Total monthly income equals $2,154/mo, and annual cash flow records $511/yr on $115,985 to close. Return on cash invested measures 20.35% and rental yield reads 7.39% at the current $349,880. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,665 by year five. Five-year ROI prints 105% and total cumulative return in cash totals $121,788.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,154/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97338, Dallas, OR area.
| 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 |
Residential
9,322
Single Family
8,769
Multi-Family
553
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-08-10 | Listed for sale | $349,880 |
| 2025-07-18 | Pending sale | $349,880 |
| 2025-07-12 | Listed for sale | $349,880 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: LESLIE JAMES • Premiere Property Group, Llc - South Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #831410
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.