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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2836 Newton Pl, Philomath, OR, 97370 listed at $254,500 pairs $2,167/mo rent with a $1,246/mo payment to leave $398/mo cash flow. Total monthly income runs $2,167/mo, and annual cash flow reaches $4,781/yr on $84,367 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 10.22% at a $254,500 basis. Equity gained on principal adds $1,642/yr, and annual property appreciation at 5% supports $70,314 by year five. Five-year ROI tracks 134.26% and total cumulative return in cash totals $113,275. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,167/mo property income relative to a $1,246/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
497 sqft lot
$N/A/sqft
$232 monthly 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $254,500 |
| 2012-08-15 | Listing removed | $965 |
| 2012-07-28 | Listed for rent | $965 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: ANNE FAHY • Homesmart Realty Group - Corvallis
Mls Name: WVMLS
Mls Provider:
Mls ID: #827061
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.
