1060 Upper Devon LnLake OswegoOR97034
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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
Investment property for sale in Lake Oswego at 1060 Upper Devon Ln, Lake Oswego, OR, 97034 earns from $5,124/mo rent with a $4,650/mo payment. Total monthly income totals $5,124/mo. ROI tracks 17.72% on current figures, and rental yield reads 6.47% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 90.85% and total cumulative return in cash sums $283,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,124/mo property income instead of your personal income.
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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Listed by: Jordan McAllister • Modern Realty
Mls Name: RMLS (OR)
Mls ID: #772929323