13002 Sierra Vista DrLake OswegoOR97035
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
Investment Highlights
Rental property for sale in Lake Oswego at 13002 Sierra Vista Dr, Lake Oswego, OR, 97035 generates $3,980/mo in rent, after a $4,209/mo payment. Total monthly income is $3,980/mo. Return on cash invested sits at 14.92% in year one, and rental yield is 5.55% on a $860,000 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation builds toward $237,602 over five years. Five-year ROI reaches 75.89% and total cumulative return in cash sums $214,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
6,904 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 7,509 (62.0%) |
| Renter Occupied HU | 3,854 (31.8%) |
| Vacant Housing Units | 748 ( 6.2%) |
| Median Home Value | $849,759 |
| Average Home Value | $912,658 |
Housing Distribution
Address Breakdown
Residential
11,496
Single Family
9,114
Multi-Family
2,382
Businesses
1,451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DONNA JO MERRIFIELD • Epique Realty
Mls Name: WVMLS
Mls ID: #834911