NW Cascade Mountain Dr LOT 122DallasOR97338
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
Rental property for sale in Dallas at NW Cascade Mountain Dr LOT 122, Dallas, OR, 97338 priced at $569,900 converts $3,529/mo rent into $89/mo cash flow after a $2,789/mo obligation. Total monthly income equals $3,529/mo, and annual cash flow totals $1,072/yr on $187,497 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 7.43% against a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation compiles into $157,453 by year five. Five-year ROI reaches 106.5% and total cumulative return in cash sums $199,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,529/mo property income covering a $2,789/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,825 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: #814847
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.