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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% |
Investment property for sale in Corvallis at 2550 NW Princess St APT 304), Corvallis, OR, 97330 offers a 9.19% rental yield on a $279,000 purchase with $2,137/mo rent. Total monthly income registers $2,137/mo, and a $1,366/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,430/yr on $92,489 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 134.14% and total cumulative return in cash at $124,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,137/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
871.20 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: TAMMY MORRISON • Town & Country Realty
Mls Name: WVMLS
Mls ID: #831058
