








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 917 Mazama Ave, Lebanon, OR, 97355 uses $96,798 cash to close to unlock $2,488/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,978/mo, and a $1,429/mo payment keeps the spread at $207/mo. Purchase price stands at $292,000, and rental yield measures 8.13% with $1,978/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $80,674 over five years. Five-year ROI reaches 116.49% and total cumulative return in cash records $112,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,978/mo property income covering a $1,429/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
4,791 sqft lot
$N/A/sqft
$100 annually 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 |
|---|---|---|
| 2025-10-10 | Sold | $292,000 |
| 2025-09-08 | Contingent | $279,000 |
| 2025-09-05 | Pending sale | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $2768.28 | 3.34% | $131,730 | 2.99% |
| 2023-10-25 | $2678.87 | 2.14% | $127,900 | 3.00% |
| 2022-10-25 | $2622.71 | N/A | $124,180 | 2.99% |



Listed by: PAT PENDLEY • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #832358
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.