1215 S 11th St, Independence, OR, 97351 | 3.3% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1215 S 11th St, Independence, OR, 97351 | 3.3% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1228 sft

2171 NW Janssen St, Corvallis, OR, 97330

3 Bed
2 Bath
2336 sft

27494 S Boundary Rd, Corvallis, OR, 97330

2 Bed
2 Bath
1489 sft

1663 Berkeley Ln, Monmouth, OR, 97361

3 Bed
2 Bath
1869 sft

1325 NW 14th St, Corvallis, OR, 97330

Nearby investment properties with comparable prices

5 Bed
4 Bath
4596 sft

3920 NW Clarence Cir, Corvallis, OR, 97330

3 Bed
1 Bath
1788 sft

8645 Highland Rd, Independence, OR, 97351

4 Bed
3 Bath
4360 sft

1550 NW Emperor Dr, Corvallis, OR, 97330

3 Bed
3 Bath
2893 sft

6495 NW Sisters Pl, Corvallis, OR, 97330

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Independence at 1215 S 11th St, Independence, OR, 97351 offers a 3.3% rental yield on a $895,000 purchase with $2,464/mo rent. 08% in year one. Equity gained on principal adds $5,775/yr while 5% annual appreciation supports $247,272 over five years. Portfolio math shows five-year ROI at 39.2% and total cumulative return in cash at $115,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,464/mo property income against a $4,381/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in N/A

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This is a classy, fully loaded luxury duplex. It fronts two streets, and each unit has a single- car garage and off-street parking. These units feel like quality single-family homes, with features like gas fireplaces, an open banister, a custom country kitchen, quartz countertops, and soft-close cupboards and drawers. The large primary suite has a tray ceiling, walk-in closets, and a primary bath with double sinks. Come preview this quality investment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97351, Independence, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,369 (100%)
Owner Occupied HU	2,647 (60.6%)
Renter Occupied HU	1,605 (36.7%)
Vacant Housing Units	117 ( 2.7%)
Median Home Value	$427,687
Average Home Value	$490,376