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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% |
Rental property for sale in Corvallis at 2101 NW Christopher Pl, Corvallis, OR, 97330 priced at $699,000 converts $3,407/mo rent into after a $3,421/mo obligation. Total monthly income equals $3,407/mo. Return on cash invested prints 15.6% in year one, and rental yield reads 5.85% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 79.62% and total cumulative return in cash sums $183,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,407/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97330, Corvallis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,045 (100%) |
| Owner Occupied HU | 9,393 (46.9%) |
| Renter Occupied HU | 9,497 (47.4%) |
| Vacant Housing Units | 1,155 ( 5.8%) |
| Median Home Value | $551,287 |
| Average Home Value | $560,609 |
Residential
19,019
Single Family
16,803
Multi-Family
2,216
Businesses
1,002
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $699,000 |
| 2007-05-14 | Sold | $359,950 |
| 2005-06-15 | Sold | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $7285.01 | 3.01% | $391,022 | 3.00% |
| 2022-04-14 | $7072.16 | 4.10% | $379,633 | 3.00% |
| 2021-04-14 | $6793.31 | 3.50% | $368,576 | 3.00% |
Listed by: SUE LONG • Keller Williams Realty Mid Willamette
Mls Name: WVMLS
Mls Provider:
Mls ID: #825834
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.
