1230 NW 13th St, Corvallis, OR, 97330 | $150/mo Cash Flow

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1230 NW 13th St, Corvallis, OR, 97330 | $150/mo Cash Flow | Ziffy

Off market

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

Investment property for sale in Corvallis at 1230 NW 13th St, Corvallis, OR, 97330 offers a 7.66% rental yield on a $436,100 purchase with $2,782/mo rent. Total monthly income registers $2,782/mo, and a $2,134/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,801/yr on $144,567 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $2,814/yr while 5% annual appreciation supports $120,486 over five years. Portfolio math shows five-year ROI at 109.33% and total cumulative return in cash at $158,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,782/mo property income against a $2,134/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Very desirable location in Corvallis. Located in a beautiful neighborhood with plenty of trees. 5 bedroom home with laminate wood flooring and extra playroom/entertainment room with pooltable. Excellent location for families or OSU University students. The location couldn't be better! With a walk score of 76 and a bike score of 100 there's easy access to schools, parks, dining, and shopping.

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