880 NE Woodcrest AveCorvallisOR97330
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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 Corvallis at 880 NE Woodcrest Ave, Corvallis, OR, 97330 priced at $525,000 converts $3,248/mo rent into $79/mo cash flow after a $2,570/mo obligation. Total monthly income equals $3,248/mo, and annual cash flow totals $943/yr on $172,725 invested. Return on cash invested prints 20.61% in year one, and rental yield reads 7.42% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 106.35% and total cumulative return in cash sums $183,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,248/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Multi Family
Built in 1968
0.30 Acres 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: SETH WADDELL • Windermere Willamette Valley
Mls Name: WVMLS
Mls Provider:
Mls ID: #829495
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.