559 E 16th St, Lafayette, OR, 97127 | $45/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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559 E 16th St, Lafayette, OR, 97127 | $45/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Lafayette at 559 E 16th St, Lafayette, OR, 97127 listed at $659,000 pairs $4,022/mo rent with a $3,225/mo payment to leave $45/mo cash flow. Total monthly income runs $4,022/mo, and annual cash flow reaches $536/yr on $216,811 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 7.32% at a $659,000 basis. Equity gained on principal adds $4,252/yr, and annual property appreciation at 5% supports $182,070 by year five. Five-year ROI tracks 104.74% and total cumulative return in cash totals $227,083. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,022/mo property income relative to a $3,225/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2005

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in desirable Morgan's Vineyard, this stunning home features soaring ceilings and open living. The great room flows a granite kitchen with prep island, eating bar, butler's pantry and formal dining. An entry front room suits an office or living room or? Wonderful option, a laundry room on both levels! The primary suite on the main level offers a tray ceiling and jetted tub. Enjoy your covered patio, above ground pool, and hot tub along with HOA amenities that include clubhouse and in ground pool.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,523 (100%)
Owner Occupied HU	1,274 (83.7%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	27 ( 1.8%)
Median Home Value	$418,961
Average Home Value	$449,861