








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Corvallis at 5661 SW Philomath Blvd, Corvallis, OR, 97333 priced at $600,000 pairs $3,418/mo rent with after a $2,937/mo payment. Total monthly income equals $3,418/mo. Return on cash invested is 18.82% in year one, and rental yield stands at 6.84% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 96.76% and total cumulative return in cash reaches $191,004. For financing, Ziffy Mortgage’s DSCR program evaluates $3,418/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97333, Corvallis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,688 (100%) |
| Owner Occupied HU | 4,810 (41.2%) |
| Renter Occupied HU | 5,906 (50.5%) |
| Vacant Housing Units | 972 ( 8.3%) |
| Median Home Value | $528,281 |
| Average Home Value | $553,081 |
Residential
10,275
Single Family
8,690
Multi-Family
1,585
Businesses
759
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Price change | $525,000 |
| 2024-07-25 | Listed for sale | $600,000 |
| 2001-05-15 | Sold | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $3723.91 | 3.01% | $199,880 | 3.00% |
| 2022-10-18 | $3615.09 | 3.42% | $194,058 | 3.00% |
| 2021-10-18 | $3495.42 | 3.66% | $188,406 | 3.00% |



Listed by: JORDAN MATIN • Matin Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #820437
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.