1165 NE Horizon Loop UNIT 1306HillsboroOR97124
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1165 NE Horizon Loop UNIT 1306, Hillsboro, OR, 97124 in Hillsboro offers a clean, manageable entry. Rental yield 6.63%. DSCR 1.23 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $91,145 in additional property value over five years, with $3,038/yr in principal equity building ownership stake. Total projected cumulative return: $93,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 4.8% |
| Monthly Cash Flow | $(511) | $420 |
City averages based on Hillsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,824 |
| Total Monthly Debt Service | $2,204 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2000
N/A lot
$N/A/sqft
$344 monthly 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
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
Condo
Built in 2000
N/A lot
$N/A/sqft
$344 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Ciot • Maple Realty Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #679410908
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 2025-04-13 12:18:31 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.