300 SE Goodnight AveCorvallisOR97333
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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
Investment Highlights
Investment property for sale in Corvallis at 300 SE Goodnight Ave, Corvallis, OR, 97333 uses $39,747 cash to close to unlock $2,185/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $906/mo, and a $587/mo payment keeps the spread at $182/mo. Purchase price stands at $119,900, and rental yield measures 9.07% with $906/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.27% and total cumulative return in cash records $52,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $906/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97333, Corvallis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,688 (100%) |
| Owner Occupied HU | 4,810 (41.2%) |
| Renter Occupied HU | 5,906 (50.5%) |
| Vacant Housing Units | 972 ( 8.3%) |
| Median Home Value | $528,281 |
| Average Home Value | $553,081 |
Housing Distribution
Address Breakdown
Residential
10,275
Single Family
8,690
Multi-Family
1,585
Businesses
759
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