2601 NE Jack London St UNIT 169CorvallisOR97330
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Nearby investment properties with comparable prices
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 2601 NE Jack London St UNIT 169, Corvallis, OR, 97330 uses $54,698 cash to close to unlock $3,919/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,323/mo, and a $808/mo payment keeps the spread at $327/mo. Purchase price stands at $165,000, and rental yield measures 9.62% with $1,323/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 141.09% and total cumulative return in cash records $77,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,323/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
N/A 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: PAT PENDLEY • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #830627
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.