The 1609 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 | Equity Gain $3,033/yr

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The 1609 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 | Equity Gain $3,033/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at The 1609 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 listed at $469,960 pairs $0/mo rent with a $2,300/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.94% in year one, and rental yield registers 0% at a $469,960 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,841 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This three bedroom, two and half bath home packs incredible features into 1,609 square feet. With entry access from the garage or covered porch, the great room opens up to the kitchen, complete with slab counters, stainless steel gas appliances, kitchen island and pantry. The dining area sits off to the side, making family meals a cherished occasion, while boasting plenty of space in the great room for celebrating all of life's special moments. The incredible standard features keep this home in step with current trends. Holt Homes standards will give you confidence that your home is the best value, at the best price.*

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