4297 SE Kiger Island DrCorvallisOR97333
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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
Rental property for sale in Corvallis at 4297 SE Kiger Island Dr, Corvallis, OR, 97333 generates $5,744/mo in rent, after a $8,321/mo payment. Total monthly income is $5,744/mo. Return on cash invested sits at 10.53% in year one, and rental yield is 4.05% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 52.23% and total cumulative return in cash sums $287,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,744/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
21.82 Acres 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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