2828 NW 29th StCorvallisOR97330
Nearby investment properties with comparable rents
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 2828 NW 29th St, Corvallis, OR, 97330 offers a 6.26% rental yield on a $470,000 purchase with $2,452/mo rent. 7% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 85.54% and total cumulative return in cash at $133,281. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,452/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
3,485 sqft 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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Nearby investment properties with comparable prices
Listed by: BRUCE ANDERSON • Town & Country Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #820585
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.