1282 E 3rd St #83LafayetteOR97127
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 #83, Lafayette, OR, 97127 offers a 0% rental yield on a $195,000 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices