24139 Old Peak RdPhilomathOR97370
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 24139 Old Peak Rd, Philomath, OR, 97370 in Philomath at $749,500, 3.97% gross yield, is a market-growth asset. Rental yield 3.97%. The $2,477/mo rent partially funds the $3,370/mo debt service; the core return is the 5%/yr price growth projected to add $207,073 over five years. Ziffy Mortgage's DSCR mortgage (0.74) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $152,000.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 6.2% |
| Monthly Cash Flow | $(2,047) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,477 |
| Total Monthly Debt Service | $4,226 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices