100 Kerr Pkwy, Lake Oswego, OR, 97035 | $351/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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100 Kerr Pkwy, Lake Oswego, OR, 97035 | $351/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

Rental property for sale in Lake Oswego at 100 Kerr Pkwy, Lake Oswego, OR, 97035 offers $1,528/mo rent that, after a $954/mo payment, leaves $351/mo cash flow. Total monthly income is $1,528/mo, and annual cash flow is $4,216/yr on $64,643 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 9.4% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 137.65% and total cumulative return in cash reaches $88,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,528/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Building C Unit 19 is a completely remodeled home featuring a brand-new kitchen with updated cabinets, quartz countertops, and backsplash, fresh interior paint, new plumbing, wide-plank laminate flooring throughout (no carpet), and a fully renovated bathroom. The bedroom includes a built-in Murphy bed, and this fresh, clean second-level unit offers direct street-level access with no stairs. A full wall of windows opens to a spacious balcony overlooking trees and green space. Enjoy all the Mt. Park amenities, including the Mt. Park Recreation Center, miles of walking trails, the Racquet Club, pools, a weight room, and a playground. The HOA has completed major exterior upgrades such as new windows, siding, paint, repaved parking lots, new walkways, and new railings, and the common areas have also been updated. 1 Carport is assigned to the unit, the special assessment is included in the HOA dues, and the HOA contact is Sara Cole at 503-670-8111 x5220.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,111 (100%)
Owner Occupied HU	7,509 (62.0%)
Renter Occupied HU	3,854 (31.8%)
Vacant Housing Units	748 ( 6.2%)
Median Home Value	$849,759
Average Home Value	$912,658