5055 NE ELLIOTT CIR, P2749 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, P2749 Plan, Knoll Terrace, Corvallis, OR, 97330 uses $67,924 cash to close to unlock $15,949/yr annual cash flow and $1,329/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,003/mo payment keeps the spread at $1,329/mo. Purchase price stands at $204,900, and rental yield measures 15.03% with $2,566/mo rent. Return on cash invested shows 43.39% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 228.64% and total cumulative return in cash records $155,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,003/mo payment rather than investor’s personal income.
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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