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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% |
Rental property for sale in Corvallis at 6298 SW Grand Oaks Dr APT E203, Corvallis, OR, 97333 generates $2,407/mo in rent and, after a $1,713/mo payment, leaves $294/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $3,533/yr on $116,025 invested. Return on cash invested sits at 22.95% in year one, and rental yield is 8.25% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash sums $138,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Condo
Built in 2006
871 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: STEPHANIE WILSON • Town & Country Realty
Mls Name: WVMLS
Mls ID: #829181
