301 W 17th StLafayetteOR97127








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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 Lafayette at 301 W 17th St, Lafayette, OR, 97127 offers a 7.11% rental yield on a $510,000 purchase with $3,020/mo rent. 21% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 99.04% and total cumulative return in cash at $166,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,020/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,249 sqft lot
$N/A/sqft
$60 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,393
Multi-Family
9
Businesses
73
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $510,000 |
| 2024-03-22 | Sold | $477,660 |
| 2024-02-24 | Pending sale | $473,960 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: N/A
- Building Area: 1,898
- Living Area: 1,898 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Carpet, Laminate
- Interior Features: Loft, Walk-in Pantry, Smart Home
- Exterior Features: Peppercorn
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $60 monthly
- Association Fee: $60 monthly
- Fees & Dues: N/A
- Association Amenities: Other (Refer to Remarks)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Wascher
- Middle School: Patton
- High School: McMinnville
Listed by: JESSICA FINNEGAN • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #829244
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.







