651 Orchard DrDallasOR97338
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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 651 Orchard Dr, Dallas, OR, 97338 priced at $540,000 pairs $2,932/mo rent with after a $2,643/mo payment. Total monthly income equals $2,932/mo. Return on cash invested is 17.85% in year one, and rental yield stands at 6.52% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 91.57% and total cumulative return in cash reaches $162,686. For financing, Ziffy Mortgage’s DSCR program evaluates $2,932/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
0.62 Acres 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $540,000 |
| 2025-03-01 | Listing removed | $540,000 |
| 2024-08-30 | Listed for sale | $540,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | $2945.23 | 2.69% | $210,790 | 3.00% |
| 2022-03-17 | $2868.08 | 2.83% | $204,660 | 3.00% |
| 2021-03-17 | $2789.15 | 2.95% | $198,700 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1948
- Architectural Style: N/A
- Building Area: 1,858
- Living Area: 1,858 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Wood
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
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: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Lyle
- Middle School: LaCreole
- High School: Dallas
Listed by: KURT CLEMENTS • Listwithfreedom.Com
Mls Name: WVMLS
Mls Provider:
Mls ID: #826457
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.