714 Grouse Pl, Philomath, OR, 97370 | $347/mo Cash Flow

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714 Grouse Pl, Philomath, OR, 97370 | $347/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 714 Grouse Pl, Philomath, OR, 97370 with 5% annual appreciation on a $425,000 basis while $2,912/mo rent supports operations. Total monthly income totals $2,912/mo and a $2,080/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,161/yr on $140,888 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.22%. Five-year ROI measures 118.48% and total cumulative return in cash totals $166,925.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,912/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 1998

2,614 sqft lot

$N/A/sqft

No HOA

More details about the property

FOR SALE BY OWNER - Spacious 4 bedroom, 2.5 bath townhouse. The fourth bedroom is great as a flex space for an oversized bonus room/office. Views of the Cascades from the primary and family room. Updated granite countertops throughout. Bamboo hardwood floors. Fresh interior paint and trim. New gas water heater installed in 2025. Fully fenced back yard with covered deck. Located in a quiet cul-de-sac that is walking distance to downtown Philomath and 10 minutes from OSU campus.

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