1145 NE Horizon Loop UNIT 1704, Hillsboro, OR, 97124 | $491/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1145 NE Horizon Loop UNIT 1704, Hillsboro, OR, 97124 | $491/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
2267 sft

349 SE Walnut St, Hillsboro, OR, 97123

Investment Property+ 2 more

4 Bed
4 Bath
2316 sft

464 SE Hadock Ln, Hillsboro, OR, 97123

Investment Property+ 1 more

4 Bed
4 Bath
2316 sft

460 SE Haddock Ln, Hillsboro, OR, 97123

2 Bed
3 Bath
1536 sft

3416 SE Brookwood Ave, Hillsboro, OR, 97123

Nearby investment properties with comparable prices

3 Bed
2 Bath
1267 sft

584 SE 12th Ave, Hillsboro, OR, 97123

3 Bed
1 Bath
1260 sft

3800 NE Meadow Ln, Hillsboro, OR, 97124

4 Bed
2 Bath
1340 sft

601 W 1st St, Newberg, OR, 97132

3 Bed
3 Bath
1520 sft

3137 S Linden St LOT 768, Cornelius, OR, 97113

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Hillsboro at 1145 NE Horizon Loop UNIT 1704, Hillsboro, OR, 97124 generates $2,754/mo in rent and, after a $1,835/mo payment, leaves $491/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $5,890/yr on $124,313 invested. Return on cash invested sits at 24.65% in year one, and rental yield is 8.81% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 128.03% and total cumulative return in cash sums $159,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.

Townhouse

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to highly sought-after Orenco Station! This gorgeous corner-unit condo offers 2 bedrooms, 2 bathrooms, and an oversized attached 2-car garage (side by side) with an EV charger. Freshly painted and move-in ready, the home features a bright and inviting open floor plan. The living room includes a cozy wood-burning fireplace and deck access, while the spacious bayed dining area flows seamlessly into the kitchencomplete with granite bar seating, a pantry, nook, and newer stainless steel appliances (refrigerator included). The primary suite boasts a large walk-in closet and private deck, and youll appreciate the additional office space with built-in desk and shelving. A generous laundry and storage room (washer and dryer included) adds convenience. South-facing windows flood the home with natural light, while a newer mini-split heat pump ensures comfort year-round. HOA covers water and sewer. Just outside your door, enjoy the vibrant Orenco Station neighborhood with New Seasons Market, restaurants, cafes, and MAX Light Rail all within easy reach.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,911 (100%)
Owner Occupied HU	10,578 (46.2%)
Renter Occupied HU	11,396 (49.7%)
Vacant Housing Units	937 ( 4.1%)
Median Home Value	$617,581
Average Home Value	$657,267