12062 SW Redberry Ct, Tigard, OR, 97223 | 4.86% Rental Yield

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12062 SW Redberry Ct, Tigard, OR, 97223 | 4.86% Rental Yield | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tigard at 12062 SW Redberry Ct, Tigard, OR, 97223 listed at $775,000 pairs $3,138/mo rent with a $3,793/mo payment. Total monthly income runs $3,138/mo. Return on cash invested measures 12.81% in year one, and rental yield registers 4.86% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 64.57% and total cumulative return in cash totals $164,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,138/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2018

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Practically NEW!! Built in 2018, this 2,626 sq. ft. home offers modern design and comfortable living throughout. The open-concept main level features a bedroom and full bathperfect for guests, an office or multigenerational living. The kitchen impresses with sleek quartz countertops, pantry, stainless steel appliances, and a gas range, opening to a bright dining area and great room ideal for entertaining.Upstairs, a generous loft provides flexible space for a media room, office, or play area. The vaulted primary suite is a true retreatmeasuring 20x16with a luxurious ensuite bath featuring a soaking tub, separate shower, and walk-in closet. Two additional bedrooms and another full bath complete the upper level.Step outside to a large composite deck overlooking the backyardperfect for gatherings or relaxing evenings. The yard has many plantings, including birch trees, cherry blossoms and hydrangas. A rare 3-car garage provides ample storage and parking. Modern finishes, thoughtful layout, and quality craftsmanship make this home move-in ready and exceptional in every way.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97223, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,295 (100%)
Owner Occupied HU	12,157 (57.1%)
Renter Occupied HU	8,235 (38.7%)
Vacant Housing Units	903 ( 4.2%)
Median Home Value	$644,163
Average Home Value	$668,731