2655 NW Highland Dr UNIT 13, Corvallis, OR, 97330 | $274/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2655 NW Highland Dr UNIT 13, Corvallis, OR, 97330 | $274/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corvallis at 2655 NW Highland Dr UNIT 13, Corvallis, OR, 97330 uses $54,366 cash to close to unlock $3,285/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,264/mo, and a $803/mo payment keeps the spread at $274/mo. Purchase price stands at $164,000, and rental yield measures 9.25% with $1,264/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 135.04% and total cumulative return in cash records $73,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,264/mo property income covering a $803/mo payment rather than investor’s personal income.

Manufactured

Built in 1993

N/A lot

$N/A/sqft

No HOA

More details about the property

Possibility of 18-55 qualifying for this park, park manager said case by case basis. Please inquire w/Michele 541-760-9969. Step into the inviting covered patio with decking and fenced garden area perfect for BBQing. Inside is a spacious open- concept layout, featuring a large kitchen with island and breakfast nook, great for entertaining. Walk-in pantry and new counter tops completes the space. The generous primary suite boasts dual sinks, a soaking tub, walk-in shower, and linen closet The other 2 bedrooms have large closet space with built-in shelving. The two- car garage is spacious with workshop that has its own entrance for lots of storage. With newer heat pump and roof plus quality finishes throughout gives this well-cared for home a warm feeling that is move-in ready.

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