531 E 8th StThe DallesOR97058
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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 The Dalles at 531 E 8th St, The Dalles, OR, 97058 listed at $379,000 pairs $3,000/mo rent with a $1,855/mo payment to leave $712/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $8,548/yr on $125,639 cash to close. Return on cash invested measures 26.71% in year one, and rental yield registers 9.5% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 139.15% and total cumulative return in cash totals $174,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97058, The Dalles, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,953 (100%) |
| Owner Occupied HU | 5,383 (60.1%) |
| Renter Occupied HU | 3,027 (33.8%) |
| Vacant Housing Units | 543 ( 6.1%) |
| Median Home Value | $389,843 |
| Average Home Value | $414,433 |
Housing Distribution
Address Breakdown
Residential
8,557
Single Family
8,185
Multi-Family
372
Businesses
1,012
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Listed by: Lori Clark • Ginnie Mooney Real Estate
Mls Name: RMLS (OR)
Mls ID: #577556811