12087 SW Aspen Ridge Dr, Tigard, OR, 97224 | 3.8% Rental Yield

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Price: $300K - 500K

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12087 SW Aspen Ridge Dr, Tigard, OR, 97224 | 3.8% Rental Yield | Ziffy

For Sale

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 12087 SW Aspen Ridge Dr, Tigard, OR, 97224 earns from $3,958/mo rent with a $6,118/mo payment. Total monthly income totals $3,958/mo. ROI tracks 9.74% on current figures, and rental yield reads 3.8% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 48.01% and total cumulative return in cash sums $194,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,958/mo property income instead of your personal income.

Single Family

Built in 2019

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Come see this beautiful 2019-built Bull Mountain contemporary home with amazing territorial views! 6 beds and 3.5 baths with a great multifamily setup. Primary suite on main level with ensuite bath and walk-in closet. Jr primary suite on lower level with ensuite bath and walk-in closet. Rest of bedrooms are upstairs. Great room with 14 foot ceilings and floor to ceiling windows. Amazing natural light. Kitchen has a 10 foot island perfect for entertaining with a Fisher and Paykel oven and double drawer dishwasher. Unusually large lot for the age of the house with fenced back yard and play structure. Walkable to Alberta Rider Elementary School. 3 car garage with plenty of storage space throughout home. Garage has an electric car charger. These types of properties don't hit the market often. A must see! Open house from 11 AM-1 PM on Saturday, November 1st.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97224, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,474 (100%)
Owner Occupied HU	11,629 (66.6%)
Renter Occupied HU	5,149 (29.5%)
Vacant Housing Units	696 ( 4.0%)
Median Home Value	$648,654
Average Home Value	$667,976