2250 NW Highland DrCorvallisOR97330
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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 Corvallis at 2250 NW Highland Dr, Corvallis, OR, 97330 uses $167,790 cash to close to unlock $2,025/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $3,247/mo, and a $2,496/mo payment keeps the spread at $169/mo. Purchase price stands at $510,000, and rental yield measures 7.64% with $3,247/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 109.89% and total cumulative return in cash records $184,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,247/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97330, Corvallis, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,019
Single Family
16,803
Multi-Family
2,216
Businesses
1,002
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Listed by: ETHAN PLUMB • Smi Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #829974
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.