NW Crater Lake Dr LOT 109DallasOR97338
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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 NW Crater Lake Dr LOT 109, Dallas, OR, 97338 offers a 5.63% rental yield on a $709,900 purchase with $3,330/mo rent. 15% in year one. Equity gained on principal adds $4,581/yr while 5% annual appreciation supports $196,132 over five years. Portfolio math shows five-year ROI at 77.1% and total cumulative return in cash at $180,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,330/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,628 sqft 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 |
|---|---|---|
| 2024-03-26 | Listed for sale | $709,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: N/A
- Building Area: 2,434
- Living Area: 2,434 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: Laminate, Tile
- Interior Features: Office, Walk-in Pantry
- Exterior Features: N/A
- Parking Features: Attached
Location
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: ILYA MAKARENKO • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #814785
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.