








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 24214 Old Peak Rd, Philomath, OR, 97370 earns from $2,976/mo rent with a $2,570/mo payment. Total monthly income totals $2,976/mo. ROI tracks 18.72% on current figures, and rental yield reads 6.8% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 96.22% and total cumulative return in cash sums $166,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,976/mo property income instead of your personal income.
Single Family
Built in 1950
4.82 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 |
|---|---|---|
| 2025-06-18 | Sold | $525,000 |
| 2025-05-08 | Contingent | $525,000 |
| 2025-05-02 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $3482.23 | 2.08% | $226,984 | 3.00% |
| 2023-10-12 | $3411.17 | 2.93% | $220,373 | 3.00% |
| 2022-10-12 | $3313.92 | 2.83% | $213,954 | 3.00% |



Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls Provider:
Mls ID: #827956
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.