8484 NE Barberry DrAdair VillageOR97330
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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
Rental property for sale in Adair Village at 8484 NE Barberry Dr, Adair Village, OR, 97330 priced at $514,900 converts $2,970/mo rent into after a $2,520/mo obligation. Total monthly income equals $2,970/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 6.92% against a $514,900 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,257 by year five. Five-year ROI reaches 98.21% and total cumulative return in cash sums $166,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,970/mo property income covering a $2,520/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97330, Corvallis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,045 (100%) |
| Owner Occupied HU | 9,393 (46.9%) |
| Renter Occupied HU | 9,497 (47.4%) |
| Vacant Housing Units | 1,155 ( 5.8%) |
| Median Home Value | $551,287 |
| Average Home Value | $560,609 |
Housing Distribution
Address Breakdown
Residential
19,019
Single Family
16,803
Multi-Family
2,216
Businesses
1,002
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Listed by: ANDREA FAHY • Homesmart Realty Group - Corvallis
Mls Name: WVMLS
Mls Provider:
Mls ID: #826552
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.