








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


Rental property for sale in Dallas at 3808 Limestone Rd, Dallas, OR, 97338 priced at $700,000 converts $3,067/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,067/mo. Return on cash invested prints 14.03% in year one, and rental yield reads 5.26% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 71.04% and total cumulative return in cash sums $163,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,067/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2007
7 Acres 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $700,000 |
| 2024-08-04 | Listing removed | $550,000 |
| 2021-08-03 | Sold | $560,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-15 | $2262.50 | 2.62% | $187,742 | 3.00% |
| 2022-04-15 | $2204.78 | 29.35% | $182,280 | 3.00% |
| 2021-04-15 | $1704.53 | 3.20% | $176,978 | 3.00% |



Listed by: LINDA CLEMENTE • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #826743
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.