1145 NE Horizon Loop UNIT 1708HillsboroOR97124
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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 Hillsboro at 1145 NE Horizon Loop UNIT 1708, Hillsboro, OR, 97124 uses $104,389 cash to close to unlock $1,434/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $1,541/mo payment keeps the spread at $119/mo. Purchase price stands at $314,900, and rental yield measures 7.7% with $2,020/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 110.03% and total cumulative return in cash records $114,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
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