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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corvallis at 1655 SW Leland Pl, Corvallis, OR, 97333 uses $137,573 cash to close to unlock $5,610/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $3,074/mo, and a $2,031/mo payment keeps the spread at $468/mo. Purchase price stands at $415,000, and rental yield measures 8.89% with $3,074/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash records $171,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,074/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97333, Corvallis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,688 (100%) |
| Owner Occupied HU | 4,810 (41.2%) |
| Renter Occupied HU | 5,906 (50.5%) |
| Vacant Housing Units | 972 ( 8.3%) |
| Median Home Value | $528,281 |
| Average Home Value | $553,081 |
Residential
10,275
Single Family
8,690
Multi-Family
1,585
Businesses
759
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Sold | $415,000 |
| 2025-08-22 | Contingent | $480,000 |
| 2025-08-14 | Price change | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $5246.46 | 3.01% | $281,562 | 3.00% |
| 2023-10-21 | $5092.91 | 3.01% | $273,361 | 3.00% |
| 2022-10-21 | $4944.10 | 3.42% | $265,399 | 3.00% |
Listed by: ETHAN PLUMB • Smi Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #830162
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
