12557 SW 115th Ave, Tigard, OR, 97223 | 5.69% Rental Yield

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12557 SW 115th Ave, Tigard, OR, 97223 | 5.69% 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 12557 SW 115th Ave, Tigard, OR, 97223 offers a 5.69% rental yield on a $695,000 purchase with $3,293/mo rent. 32% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 78.03% and total cumulative return in cash at $178,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,293/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1997

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

This 3-bedroom, 2.5-bath home is designed with room to grow and all the storage you need. The vaulted ceilings in both the living room and the primary suite add an open, airy feel, while the main-level office provides the perfect spot for remote work or study. Upstairs, a generous bonus room with abundant storage makes an ideal playroom, media space, or hobby areatruly a flexible retreat. The oversized 3-car garage with extra-deep bays ensures plenty of space for vehicles, tools, and outdoor gear. Outside, the private yard offers garden beds and room to enjoy the outdoors without the upkeep of a large property. Set in a convenient Tigard location, this home is close to shopping, dining, schools, and quick highway accessmaking daily errands and commuting a breeze. New carpets, refinished hardwood floors, beautiful new windows in front of home...this one checks every box.

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