








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hillsboro at 1150 SE Leander St, Hillsboro, OR, 97123 priced at $499,900 pairs $2,988/mo rent with after a $2,447/mo payment. Total monthly income equals $2,988/mo. Return on cash invested is 18.46% in year one, and rental yield stands at 7.17% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 95.35% and total cumulative return in cash reaches $158,016. For financing, Ziffy Mortgage’s DSCR program evaluates $2,988/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
2,613 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,051 (100%) |
| Owner Occupied HU | 12,755 (67.0%) |
| Renter Occupied HU | 5,073 (26.6%) |
| Vacant Housing Units | 1,223 ( 6.4%) |
| Median Home Value | $620,631 |
| Average Home Value | $660,108 |
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $499,900 |
| 2021-04-29 | Sold | $450,000 |
| 2021-03-13 | Pending sale | $429,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $4311.47 | 2.92% | $256,090 | 3.00% |
| 2023-04-18 | $4188.98 | 2.79% | $248,640 | 3.00% |
| 2022-04-18 | $4075.36 | 2.05% | $241,400 | N/A |



Listed by: Krista Beale • Keller Williams Sunset Corridor
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #659963724
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-18 11:51:17 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.