








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 Lebanon at 42 Weldwood Dr, Lebanon, OR, 97355 at $237,000 posts ROI 22.85% with $193/mo cash flow from $1,919/mo rent. Total monthly income equals $1,919/mo, and annual cash flow records $2,314/yr on $78,566 to close. Return on cash invested measures 22.85% and rental yield reads 9.72% at the current $237,000. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 by year five. Five-year ROI prints 120.08% and total cumulative return in cash totals $94,340.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,919/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
$292 monthly HOA
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $237,000 |
| 2022-02-28 | Sold | $200,000 |
| 2022-02-22 | Pending sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $2342.30 | 3.34% | $111,460 | 2.99% |
| 2023-06-26 | $2266.68 | 2.14% | $108,220 | 3.00% |
| 2022-06-26 | $2219.11 | N/A | $105,070 | 3.00% |



Listed by: CHANCE JOHNSON • Homesmart Realty Group - Corvallis
Mls Name: WVMLS
Mls Provider:
Mls ID: #830623
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.