1238 SE Roundelay StHillsboroOR97123
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.67% yield at 1238 SE Roundelay St, Hillsboro, OR, 97123 in Hillsboro is solid, but the $1,839/mo payment compresses net cash flow to $86/mo at $409,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $112,999 by year five, and $3,767/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.61) without U.S. income documentation. Total projected return: $162,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $86 | $420 |
City averages based on Hillsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,954 |
| Total Monthly Debt Service | $2,706 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2006
1,742 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
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
Single Family
Built in 2006
1,742 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Malarkey • Opt
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #347055328
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