12991 SW Morningstar DrTigardOR97223
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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
Investment Highlights
Investment property for sale in Tigard at 12991 SW Morningstar Dr, Tigard, OR, 97223 offers a 6.09% rental yield on a $825,000 purchase with $4,189/mo rent. 56% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 84.68% and total cumulative return in cash at $229,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,189/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.29 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,942
Single Family
17,937
Multi-Family
3,005
Businesses
1,980
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