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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 2840 Newton Pl, Philomath, OR, 97370 listed at $254,500 pairs $1,874/mo rent with a $1,246/mo payment to leave $337/mo cash flow. Total monthly income runs $1,874/mo, and annual cash flow reaches $4,049/yr on $84,367 cash to close. Return on cash invested measures 24.71% in year one, and rental yield registers 8.84% 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 128.4% and total cumulative return in cash totals $108,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,874/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
871.20 sqft 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 |
|---|---|---|
| No price history data available | ||
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 ID: #831747
