








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 Lafayette at 287 Canyon View Dr, Lafayette, OR, 97127 priced at $199,900 converts $1,939/mo rent into $733/mo cash flow after a $978/mo obligation. Total monthly income equals $1,939/mo, and annual cash flow totals $8,793/yr on $66,267 invested. Return on cash invested prints 33.18% in year one, and rental yield reads 11.64% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 173.81% and total cumulative return in cash sums $115,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,939/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 1979
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 1,274 (83.7%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 27 ( 1.8%) |
| Median Home Value | $418,961 |
| Average Home Value | $449,861 |
Residential
1,402
Single Family
1,393
Multi-Family
9
Businesses
73
Date | Event | Price |
|---|---|---|
| 2025-10-08 | Sold | $199,900 |
| 2025-09-28 | Pending sale | $199,900 |
| 2025-09-07 | Price change | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1391.77 | 2.73% | $94,693 | 3.00% |
| 2023-10-10 | $1354.74 | 2.00% | $91,935 | 3.00% |
| 2022-10-10 | $1328.17 | 3.27% | $89,257 | 3.00% |



Listed by: STEPHANIE FINDLEY • More Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #831639
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.