6298 SW Grand Oaks DrCorvallisOR97333
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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
Total monthly income runs $1,856/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.85% with $1,856/mo rent. Return on cash invested shows 15.25% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 78.93% and total cumulative return in cash records $85,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 2006
871.20 sqft lot
$N/A/sqft
$312 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97333, Corvallis, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,275
Single Family
8,690
Multi-Family
1,585
Businesses
759
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Listed by: KRISTIN KNUTSON • Premiere Property Group, Llc Corvallis
Mls Name: WVMLS
Mls Provider:
Mls ID: #829755
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.