








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 382 N 7th St, Philomath, OR, 97370 at $440,000 posts ROI 26.3% with $777/mo cash flow from $3,517/mo rent. Total monthly income equals $3,517/mo, and annual cash flow records $9,320/yr on $145,860 to close. Return on cash invested measures 26.3% and rental yield reads 9.59% at the current $440,000. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 by year five. Five-year ROI prints 137.15% and total cumulative return in cash totals $200,050.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,517/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
5,663 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 |
|---|---|---|
| 2025-05-23 | Sold | $440,000 |
| 2025-05-16 | Pending sale | $424,900 |
| 2025-05-05 | Contingent | $424,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $5276.98 | 2.35% | $261,241 | 3.00% |
| 2023-10-10 | $5156.07 | 2.99% | $253,632 | 3.00% |
| 2022-10-10 | $5006.17 | 2.92% | $246,245 | 3.00% |



Listed by: SAMANTHA ALLEY • Re/Max Integrity Corvallis Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #828455
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.