1282 E 3rd St #37, Lafayette, OR, 97127 | Equity Gain $1,548/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1282 E 3rd St #37, Lafayette, OR, 97127 | Equity Gain $1,548/yr | Ziffy

For Sale

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 1282 E 3rd St #37, Lafayette, OR, 97127 generates $0/mo in rent, after a $1,174/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 $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 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.

Manufactured

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

Come see this spacious and inviting 1,782 sq. ft. home in the heart of Pioneer Park in Lafayette! Built in 1995, this well-cared-for manufactured home sits proudly on a corner lot with a generous carport and a fully fenced backyard perfect for pets, gardening, or simply relaxing outdoors. Inside, youll find a comfortable layout with four bedrooms and two full baths, plus fresh updates including new flooring in the kitchen and baths. The home also features new appliances that stay, making move-in easy and stress-free. In good condition and filled with potential, this home is ready for its next owner to make it their own and add that next owner! No FHA Space rent approx $495. All ages park with owner occupied only. Co-operative, owner owned park!

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