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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% |
Rental property for sale in Corvallis at 2655 NW Highland Dr UNIT 61, Corvallis, OR, 97330 generates $938/mo in rent and, after a $587/mo payment, leaves $214/mo in cash flow. Total monthly income is $938/mo, and annual cash flow is $2,569/yr on $39,747 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.39% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 137.43% and total cumulative return in cash sums $54,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $938/mo property income rather than buyer’s personal income.
Manufactured
Built in 1967
N/A 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $232.65 | 2.88% | $11,967 | 3.00% |
| 2022-04-23 | $226.13 | 3.27% | $11,618 | 3.00% |
| 2021-04-23 | $218.98 | N/A | $11,280 | N/A |
Listed by: SARAH FIELDS • Keller Williams Realty Mid Willamette
Mls Name: WVMLS
Mls Provider:
Mls ID: #827923
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.
