








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 Halsey at 231 W C St, Halsey, OR, 97348 generates $2,665/mo in rent and, after a $1,542/mo payment, leaves $763/mo in cash flow. Total monthly income is $2,665/mo, and annual cash flow is $9,160/yr on $104,423 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 10.15% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 149.71% and total cumulative return in cash sums $156,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,665/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97348, Halsey, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 433 (71.3%) |
| Renter Occupied HU | 154 (25.4%) |
| Vacant Housing Units | 20 ( 3.3%) |
| Median Home Value | $599,702 |
| Average Home Value | $705,751 |
Residential
423
Single Family
423
Multi-Family
0
Businesses
45
Date | Event | Price |
|---|---|---|
| 2025-09-11 | Sold | $315,000 |
| 2025-08-09 | Contingent | $315,000 |
| 2025-07-31 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $2062.77 | 2.82% | $119,200 | 3.00% |
| 2023-10-31 | $2006.18 | 2.76% | $115,730 | 3.00% |
| 2022-10-31 | $1952.31 | N/A | $112,360 | 3.00% |



Listed by: KRISTIN D SMITH • Keller Williams Realty -Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #832096
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.