24358 Queen Anne DrPhilomathOR97370
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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 24358 Queen Anne Dr, Philomath, OR, 97370 uses $218,785 cash to close to unlock $10,341/yr annual cash flow and $862/mo monthly cash flow. Total monthly income runs $4,876/mo, and a $3,255/mo payment keeps the spread at $862/mo. Purchase price stands at $665,000, and rental yield measures 8.8% with $4,876/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 128.76% and total cumulative return in cash records $281,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,876/mo property income covering a $3,255/mo payment rather than investor’s personal income.
Single Family
Built in 1970
2.63 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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