10905 SW Meadowbrook Dr #23TigardOR97224
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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 Tigard at 10905 SW Meadowbrook Dr #23, Tigard, OR, 97224 uses $112,710 cash to close to unlock $9,778/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $2,867/mo, and a $1,664/mo payment keeps the spread at $815/mo. Purchase price stands at $340,000, and rental yield measures 10.12% with $2,867/mo rent. Return on cash invested shows 28.58% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 149.16% and total cumulative return in cash records $168,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,867/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97224, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,474 (100%) |
| Owner Occupied HU | 11,629 (66.6%) |
| Renter Occupied HU | 5,149 (29.5%) |
| Vacant Housing Units | 696 ( 4.0%) |
| Median Home Value | $648,654 |
| Average Home Value | $667,976 |
Housing Distribution
Address Breakdown
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
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