








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 Lebanon at 820 Mazama Ave, Lebanon, OR, 97355 offers a 7.86% rental yield on a $275,000 purchase with $1,801/mo rent. Total monthly income registers $1,801/mo, and a $1,346/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,092/yr on $91,163 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 109.36% and total cumulative return in cash at $99,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,801/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
4,792 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $275,000 |
| 2025-07-09 | Contingent | $259,000 |
| 2025-07-02 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | N/A | N/A | $38,430 | 2.97% |
| 2023-10-09 | $158.51 | N/A | $37,320 | 2.98% |
| 2022-10-09 | N/A | N/A | $36,240 | 2.98% |



Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls Provider:
Mls ID: #829618
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.