1282 E 3rd St #60LafayetteOR97127
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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 Lafayette at 1282 E 3rd St #60, Lafayette, OR, 97127 listed at $259,500 pairs $1,862/mo rent with a $1,270/mo payment to leave $296/mo cash flow. Total monthly income runs $1,862/mo, and annual cash flow reaches $3,549/yr on $86,024 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.61% at a $259,500 basis. Equity gained on principal adds $1,675/yr, and annual property appreciation at 5% supports $71,695 by year five. Five-year ROI tracks 124.77% and total cumulative return in cash totals $107,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,862/mo property income relative to a $1,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,393
Multi-Family
9
Businesses
73
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