421 SE Davis StDallasOR97338
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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
Rental property for sale in Dallas at 421 SE Davis St, Dallas, OR, 97338 priced at $539,900 converts $3,194/mo rent into after a $2,643/mo obligation. Total monthly income equals $3,194/mo. Return on cash invested prints 19.62% in year one, and rental yield reads 7.1% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 101.05% and total cumulative return in cash sums $179,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,194/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,276 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 |
|---|---|---|
| 2025-08-20 | Price change | $539,900 |
| 2025-07-24 | Price change | $549,999 |
| 2025-07-08 | Listed for sale | $560,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $3859.97 | 3.99% | $273,610 | 3.00% |
| 2023-10-12 | $3711.74 | 2.69% | $265,650 | 3.00% |
| 2022-10-12 | $3614.49 | 2.83% | $257,920 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1995
- Architectural Style: N/A
- Building Area: 1,965
- Living Area: 1,965 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Vinyl, Wood
- Interior Features: N/A
- Exterior Features: Grey
- Parking Features: Attached, RV Access/Parking
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: Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Lyle
- Middle School: LaCreole
- High School: Dallas
Listed by: ANGELA COUGHRAN • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #831170
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.