343 Jeffery Pl, Philomath, OR, 97370 | $412/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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343 Jeffery Pl, Philomath, OR, 97370 | $412/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Philomath at 343 Jeffery Pl, Philomath, OR, 97370 listed at $400,000 pairs $2,827/mo rent with a $1,958/mo payment to leave $412/mo cash flow. Total monthly income runs $2,827/mo, and annual cash flow reaches $4,948/yr on $132,600 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 8.48% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 122.66% and total cumulative return in cash totals $162,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,827/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

This single-level home on a large cul-de-sac lot features an updated kitchen with granite countertops, cook's island with butcher block, stainless steel appliances, and plenty of cabinet space and a skylight for natural lighting. Laminate floors run throughout the home, with updated double-pane windows and a new roof added in 2022. The bathroom features a tub finished with tile and luxury vinyl flooring. The front yard is planted with drought-resistant plants and the sunny, fully fenced backyard is perfect for gardening or outdoor play with raised beds, fruit trees and a patio and has direct access to the neighborhood park and Hunsaker Pathway, which connects to downtown Corvallis. Plenty of space for a small RV or boat. Convenient to Philomath schools. All appliances included.

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