








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 35828 Kings Valley Hwy, Philomath, OR, 97370 offers a 5.69% rental yield on a $650,000 purchase with $3,084/mo rent. 35% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 78.16% and total cumulative return in cash at $167,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,084/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
2.76 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 |
|---|---|---|
| 2024-10-01 | Listed for sale | $650,000 |
| 1994-01-04 | Sold | $156,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $5113.34 | 2.95% | $332,450 | 3.00% |
| 2022-10-21 | $4966.62 | 2.85% | $322,767 | 3.00% |
| 2021-10-21 | $4829.06 | 2.27% | $313,366 | 3.00% |



Listed by: JILL SCHUSTER • Triple Oaks Realty-Corvallis Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #821959
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.