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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lafayette at 1867 N Millican Creek St, Lafayette, OR, 97127 priced at $529,834 converts $0/mo rent into after a $2,593/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.37% in year one, and rental yield reads 0% against a $529,834 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation compiles into $146,383 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,593/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$60 monthly HOA
Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.
| 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 |
Residential
1,402
Single Family
1,393
Multi-Family
9
Businesses
73
Date | Event | Price |
|---|---|---|
| 2024-09-28 | Listed for sale | $529,834 |
| 2024-09-13 | Listing removed | $529,834 |
| 2024-08-17 | Price change | $529,834 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Sarah Clarke • Holt Homes Realty, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24284085
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 08:49:21 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
