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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Philomath at 1284 N 19th St UNIT 33, Philomath, OR, 97370 listed at $109,997 pairs $2,488/mo rent with a $538/mo payment to leave $1,815/mo cash flow. Total monthly income runs $2,488/mo, and annual cash flow reaches $21,785/yr on $36,464 cash to close. Return on cash invested measures 79.65% in year one, and rental yield registers 27.14% at a $109,997 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,390 by year five. Five-year ROI tracks 423.18% and total cumulative return in cash totals $154,307. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97370, Philomath, OR area.
| 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 |
Residential
3,745
Single Family
3,311
Multi-Family
434
Businesses
330
Date | Event | Price |
|---|---|---|
| 2024-09-18 | Price change | $109,997 |
| 2024-09-10 | Price change | $114,997 |
| 2024-08-27 | Price change | $119,997 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-21 | $1174.43 | 4.02% | $57,291 | 3.00% |
| 2021-10-21 | $1129.04 | N/A | $55,622 | N/A |
No similar price properties found nearby.
Listed by: LORNA MURRAY • Re/Max Equity Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #820427
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.
