5055 NE ELLIOTT CIR, P1456 Plan, Knoll TerraceCorvallisOR97330
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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 5055 NE ELLIOTT CIR, P1456 Plan, Knoll Terrace, Corvallis, OR, 97330 offers a 15.56% rental yield on a $149,500 purchase with $1,939/mo rent. Total monthly income registers $1,939/mo, and a $732/mo payment leaves $1,036/mo available for distribution. Annual cash flow reaches $12,436/yr on $49,559 to close, and return on cash invested stands at 45% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Portfolio math shows five-year ROI at 237.28% and total cumulative return in cash at $117,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,939/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97330, Corvallis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,045 (100%) |
| Owner Occupied HU | 9,393 (46.9%) |
| Renter Occupied HU | 9,497 (47.4%) |
| Vacant Housing Units | 1,155 ( 5.8%) |
| Median Home Value | $551,287 |
| Average Home Value | $560,609 |
Housing Distribution
Address Breakdown
Residential
19,019
Single Family
16,803
Multi-Family
2,216
Businesses
1,002
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