891 12th StPhilomathOR97370
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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
Investment Highlights
Rental property for sale in Philomath at 891 12th St, Philomath, OR, 97370 generates $0/mo in rent, after a $1,914/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.94% in year one, and rental yield is 0% on a $391,100 entry. Equity gained on principal adds $2,524/yr, while 5% annual appreciation builds toward $108,054 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,745
Single Family
3,311
Multi-Family
434
Businesses
330
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices