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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Corvallis at 615 SW 56th St, Corvallis, OR, 97333 listed at $427,000 pairs $2,556/mo rent with a $2,090/mo payment. Total monthly income runs $2,556/mo. Return on cash invested measures 19.73% in year one, and rental yield registers 7.18% at a $427,000 basis. Equity gained on principal adds $2,755/yr, and annual property appreciation at 5% supports $117,972 by year five. Five-year ROI tracks 101.67% and total cumulative return in cash totals $143,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,556/mo property income relative to a $2,090/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97333, Corvallis, OR area.
| 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 |
Residential
10,275
Single Family
8,690
Multi-Family
1,585
Businesses
759
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DANIELLE SLUPE • Northwest Realty Consultants
Mls Name: WVMLS
Mls ID: #834553
