1284 N 19th St #228PhilomathOR97370
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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
Investment property for sale in Philomath at 1284 N 19th St #228, Philomath, OR, 97370 offers a 11.02% rental yield on a $199,995 purchase with $1,836/mo rent. Total monthly income registers $1,836/mo, and a $979/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,544/yr on $66,298 to close, and return on cash invested stands at 31.29% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,255 over five years. Portfolio math shows five-year ROI at 163.69% and total cumulative return in cash at $108,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,836/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97370, Philomath, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,776 (69.4%) |
| Renter Occupied HU | 1,070 (26.7%) |
| Vacant Housing Units | 155 ( 3.9%) |
| Median Home Value | $537,267 |
| Average Home Value | $568,482 |
Housing Distribution
Address Breakdown
Residential
3,745
Single Family
3,311
Multi-Family
434
Businesses
330
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