24139 Old Peak RdPhilomathOR97370
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 24139 Old Peak Rd, Philomath, OR, 97370 earns from $2,477/mo rent with a $3,668/mo payment. Total monthly income totals $2,477/mo. ROI tracks 10.1% on current figures, and rental yield reads 3.97% at a $749,500 purchase. Equity gained on principal adds $4,836/yr, and 5% annual appreciation supports $207,073 over five years. Five-year ROI reaches 50.01% and total cumulative return in cash sums $123,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,477/mo property income instead of your personal income.
Manufactured
Built in 1995
7.72 Acres 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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Nearby investment properties with comparable prices
Listed by: TIM RIST • Dore
Mls Name: WVMLS
Mls Provider:
Mls ID: #819755
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.