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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% |
Investment property for sale in Corvallis at 2948 NW 13th Pl, Corvallis, OR, 97330 listed at $399,000 pairs $2,480/mo rent with a $1,953/mo payment to leave $71/mo cash flow. Total monthly income runs $2,480/mo, and annual cash flow reaches $858/yr on $132,269 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 7.46% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 106.14% and total cumulative return in cash totals $140,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,480/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
3,920 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: TRICIA CHORAK • Windermere Willamette Valley
Mls Name: WVMLS
Mls ID: #832518
