10630 SW Garden Park PlTigardOR97223
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 10630 SW Garden Park Pl, Tigard, OR, 97223 in Tigard: $3,715/mo in rent, $250/mo in net income, 7.77% gross yield, 1.44 DSCR, all at $574,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $158,586 in appreciation and $5,287/yr in principal paydown projects total cumulative return of $233,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.1% |
| Monthly Cash Flow | $250 | $1,850 |
City averages based on Tigard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,715 |
| Total Monthly Debt Service | $3,236 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97223, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,295 (100%) |
| Owner Occupied HU | 12,157 (57.1%) |
| Renter Occupied HU | 8,235 (38.7%) |
| Vacant Housing Units | 903 ( 4.2%) |
| Median Home Value | $644,163 |
| Average Home Value | $668,731 |
Housing Distribution
Address Breakdown
Residential
20,942
Single Family
17,937
Multi-Family
3,005
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97223, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,295 (100%) |
| Owner Occupied HU | 12,157 (57.1%) |
| Renter Occupied HU | 8,235 (38.7%) |
| Vacant Housing Units | 903 ( 4.2%) |
| Median Home Value | $644,163 |
| Average Home Value | $668,731 |
Housing Distribution
Address Breakdown
Residential
20,942
Single Family
17,937
Multi-Family
3,005
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices