1028 E 16th St, Lafayette, OR, 97127 | Equity Gain $3,065/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1028 E 16th St, Lafayette, OR, 97127 | Equity Gain $3,065/yr | Ziffy

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lafayette at 1028 E 16th St, Lafayette, OR, 97127 generates $0/mo in rent, after a $2,325/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.94% in year one, and rental yield is 0% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Single Family

Built in 2016

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 4 bedroom 2.5 bath home perfectly situated in the heart of Oregon wine country. This 1,510 sq. ft. residence combines modern comfort with subtle farmhouse style, offering a warm, inviting feel the moment you step inside. Thoughtful upgrades include quartz countertops, plush new carpet, stylish contemporary finishes, brand new window coverings and deck-also the added benefit of paid solar panels for energy efficiency.The location is exceptionalset near rolling vineyards and only minutes from celebrated local wineries such as Stoller Family Estate, Abbey Road Farm, Domaine Serene and Durant Vineyards. A neighborhood park just a street away provides easy access to play areas and green space, making this an ideal spot for households of all ages.Inside, the natural light, flexible layout, and clean design create spaces that feel open, bright, and easy to enjoywhether youre hosting friends, working from home, or unwinding after a long day. This property also offers fantastic investment versatility, suitable for first-time buyers, long-term rental use, or an Airbnb-style retreat in an area travelers love. This home is a special opportunity, here's your chance to make it yours.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,523 (100%)
Owner Occupied HU	1,274 (83.7%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	27 ( 1.8%)
Median Home Value	$418,961
Average Home Value	$449,861