








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 131 N 7th St, Philomath, OR, 97370 at $700,000 posts ROI 8.05% with from $1,921/mo rent. Total monthly income equals $1,921/mo. Return on cash invested measures 8.05% and rental yield reads 3.29% at the current $700,000. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 by year five. Five-year ROI prints 39.03% and total cumulative return in cash totals $89,884. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,921/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1977
0.32 Acres 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $3945.35 | 2.99% | $194,075 | 3.00% |
| 2022-10-21 | $3830.63 | 2.92% | $188,422 | 3.00% |
| 2021-10-21 | $3722.10 | 2.47% | $182,934 | 3.00% |



Listed by: MARTY FULFORD • Connected Real Estate Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #820350
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.