







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 Lebanon at 2444 Phillips Way, Lebanon, OR, 97355 listed at $492,000 pairs $2,754/mo rent with a $2,408/mo payment. Total monthly income runs $2,754/mo. Return on cash invested measures 18.32% in year one, and rental yield registers 6.72% at a $492,000 basis. Equity gained on principal adds $3,175/yr, and annual property appreciation at 5% supports $135,931 by year five. Five-year ROI tracks 94.13% and total cumulative return in cash totals $153,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,754/mo property income relative to a $2,408/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $492,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls Provider:
Mls ID: #827927
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.