369 SE Shetterly DrDallasOR97338
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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 369 SE Shetterly Dr, Dallas, OR, 97338 offers a 8.18% rental yield on a $439,880 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $2,153/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,138/yr on $145,820 to close, and return on cash invested stands at 22.75% in year one. Equity gained on principal adds $2,838/yr while 5% annual appreciation supports $121,531 over five years. Portfolio math shows five-year ROI at 117.86% and total cumulative return in cash at $171,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,182 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 |
|---|---|---|
| 2025-12-11 | Listed for sale | $439,880 |
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: SingleFamily
- Year Built: 2025
- Architectural Style: N/A
- Building Area: 1,394
- Living Area: 1,394 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Carpet
- Interior Features: Office, Smart Home
- Exterior Features: Sw#7038
- 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: LESLIE JAMES • Premiere Property Group, Llc - South Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #835956
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.