The 2321 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 | Equity Gain $3,823/yr

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The 2321 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 | Equity Gain $3,823/yr | Ziffy

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NMLS #2625701

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The 2321 Plan, The Hearth at Millican Creek

5 Bed
3 Bath
2321 sft

The 2321 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127

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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

Rental property for sale in Lafayette at The 2321 Plan, The Hearth at Millican Creek, Lafayette, OR, 97127 priced at $592,460 pairs $0/mo rent with after a $2,900/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.96% in year one, and rental yield stands at 0% on a $592,460 basis. Equity gained on principal adds $3,823/yr, and 5% annual appreciation accumulates to $163,686 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,900/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Find freedom and flexibility in The 2321 which features three bedrooms and three full bathrooms! Your covered porch guides you into the entryway, heading either into the open great room or up to the second floor. Downstairs, the great room opens to the kitchen and dining for optimal connectivity, and the den boasts a walk-in closet, giving buyers the freedom to have a main floor guest room with a full bathroom just a few feet away. A gas fireplace will keep you cozy in the winter, and easy access to the back patio from the dining room gets you outside into summer outdoor activities. More flexibility awaits upstairs, with three full bedrooms, two with walk in closets, laundry room and a large loft with storage! The freedom found in this home, plus the attention to detail from Holt Homes' construction team, will give buyers the ultimate confidence in their home purchase.*

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