








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 470 SE Pine Pl, Dallas, OR, 97338 priced at $424,500 converts $2,774/mo rent into $211/mo cash flow after a $2,078/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $2,536/yr on $140,722 invested. Return on cash invested prints 21.71% in year one, and rental yield reads 7.84% against a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation compiles into $117,282 by year five. Five-year ROI reaches 112.33% and total cumulative return in cash sums $158,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $2,078/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,278 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 |
|---|---|---|
| 2024-09-20 | Price change | $424,500 |
| 2024-07-16 | Listed for sale | $435,000 |
| 2022-02-24 | Sold | $371,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2821.71 | 2.69% | $201,950 | 3.00% |
| 2022-10-18 | $2747.72 | 2.83% | $196,070 | 3.00% |
| 2021-10-18 | $2672.06 | 2.95% | $190,360 | 3.00% |



Listed by: MAT GENUSER • Works Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #819274
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.