493 Crater Lake DrDallasOR97338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 493 Crater Lake Dr, Dallas, OR, 97338 at $689,900 posts ROI 17.33% with from $3,648/mo rent. Total monthly income equals $3,648/mo. Return on cash invested measures 17.33% and rental yield reads 6.35% at the current $689,900. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,607 by year five. Five-year ROI prints 88.78% and total cumulative return in cash totals $201,517. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,648/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
9,089 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ILYA MAKARENKO • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #833220
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.