








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Philomath at 23929 Alsea Hwy, Philomath, OR, 97370 generates $3,614/mo in rent, after a $2,936/mo payment. Total monthly income is $3,614/mo. Return on cash invested sits at 20.02% in year one, and rental yield is 7.23% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 103.2% and total cumulative return in cash sums $203,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,614/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
2.59 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: SAMANTHA ALLEY • Re/Max Integrity Corvallis Branch
Mls Name: WVMLS
Mls ID: #834033