863 Jefferson St, Lafayette, OR, 97127 | Equity Gain $2,991/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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863 Jefferson St, Lafayette, OR, 97127 | Equity Gain $2,991/yr | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

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Investment Highlights

Rental property for sale in Lafayette at 863 Jefferson St, Lafayette, OR, 97127 generates $0/mo in rent, after a $2,269/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.94% in year one, and rental yield is 0% on a $463,500 entry. Equity gained on principal adds $2,991/yr, while 5% annual appreciation builds toward $128,057 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Manufactured

Built in 1996

0.78 Acres lot

$N/A/sqft

No HOA

More details about the property

Located in quiet Lafayette, this inviting 5-bedroom, 2-bath home has 0.78 acres of land and 1782 sq ft of living space. Double wide manufactured home built in 1996, and features an open layout, a large kitchen, a walk-in pantry, formal dining and big great room. Primary suite is very large and has its own covered porch and is in its own wing of the home for quiet and privacy. Outdoors, the property offers plenty of space to enjoy with a covered porch, deck, multiple tool sheds, garden beds, and fruit trees. Combining indoor comfort with generous outdoor space, this home provides the perfect balance of functionality, character, and room to grow. RV parking.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97127, Lafayette, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,523 (100%)
Owner Occupied HU	1,274 (83.7%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	27 ( 1.8%)
Median Home Value	$418,961
Average Home Value	$449,861

Housing Distribution

Address Breakdown

Residential

1,402

Single Family

1,393

Multi-Family

Businesses

Price History

Date	Event	Price
2025-10-17	Sold	$463,500
2025-09-07	Pending sale	$450,000
2025-08-30	Listed for sale	$450,000

Ziffy Mortgage

NMLS #2625701

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Facts & Features

General Information

Type: MobileManufactured
Year Built: 1996
Architectural Style: N/A
Building Area: 1,782
Living Area: 1,782 sqft
Property Condition: Resale

Features & Amenities

Heating: Heat Pump
Cooling: Central Air
Flooring: Tile, Wall to Wall Carpet
Interior Features: Closet, Formal, Pantry, Double Vanity, Ceiling Fan(s), Vaulted Ceiling(s), Soaking Tub, Walk-In Closet(s)
Exterior Features: Garden, Yard
Parking Features: Off Street, RV Access/Parking

Location

City: Lafayette
State: OR
Subdivision: N/A
Lot Size: 0.78 Acres
Lot Features: Private, Secluded, Trees, SqFt 20000 to Acres1
View: Trees/Woods

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Gravel

School Information

Elementary School: Wascher
Middle School: Patton
High School: Mcminnville

Listed by: Patty Schmitz-Thursam • John L. Scott Market Center

Mls Name: RMLS (OR)

Mls Provider: Mls

Mls ID: #153797996

Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-26 21:14:13 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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

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