388 SW Butterfield Pl, Corvallis, OR, 97333 | $385/mo Cash Flow

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388 SW Butterfield Pl, Corvallis, OR, 97333 | $385/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Corvallis at 388 SW Butterfield Pl, Corvallis, OR, 97333 generates $2,256/mo in rent and, after a $1,517/mo payment, leaves $385/mo in cash flow. Total monthly income is $2,256/mo, and annual cash flow is $4,622/yr on $102,732 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 8.74% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 126.81% and total cumulative return in cash sums $130,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,256/mo property income rather than buyer’s personal income.

Manufactured

Built in 1989

4,792 sqft lot

$N/A/sqft

No HOA

More details about the property

Accepted Offer with Contingencies. Rare Butterfield Station opportunity in Corvallis that wont last long! This well-priced double-wide manufactured home sits on a .11-acre lot and backs directly to Tunison Park, offering a peaceful green backdrop right outside your door. Inside, youll see thoughtful updates, including stainless steel appliances, newer cabinets with soft-close drawers, updated lighting, and fresh interior paint. Outside, enjoy a covered front deck, carport, heat pump for heating and cooling the home, partial new fence, and a large storage shed for all your tools and gear. Additional RV storage is available across the street on a first-come, first-served basis. See 3D tour for virtual walkthrough and room sizes. At just $309,900, this home is priced to move quicklydont miss your chance to own a well-maintained home in a fantastic Corvallis location with easy park access!

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