1284 N 19th St #231PhilomathOR97370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #231, Philomath, OR, 97370 uses $87,846 cash to close to unlock $2,838/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,297/mo payment keeps the spread at $236/mo. Purchase price stands at $264,995, and rental yield measures 8.31% with $1,836/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $73,213 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash records $105,410. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices