1146 NW Alder Creek DrCorvallisOR97330
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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 Corvallis at 1146 NW Alder Creek Dr, Corvallis, OR, 97330 at $650,000 posts ROI 19.15% with from $3,760/mo rent. Total monthly income equals $3,760/mo. Return on cash invested measures 19.15% and rental yield reads 6.94% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 98.51% and total cumulative return in cash totals $210,662. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97330, Corvallis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,045 (100%) |
| Owner Occupied HU | 9,393 (46.9%) |
| Renter Occupied HU | 9,497 (47.4%) |
| Vacant Housing Units | 1,155 ( 5.8%) |
| Median Home Value | $551,287 |
| Average Home Value | $560,609 |
Housing Distribution
Address Breakdown
Residential
19,019
Single Family
16,803
Multi-Family
2,216
Businesses
1,002
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Listed by: DARREN RICKETTS • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #822062
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.