








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Tigard at 13048 SW Princeton Ln, Tigard, OR, 97223 generates $2,334/mo in rent, after a $2,080/mo payment. Total monthly income is $2,334/mo. Return on cash invested sits at 14.31% in year one, and rental yield is 6.59% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 73.93% and total cumulative return in cash sums $104,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,334/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
1,742 sqft lot
$N/A/sqft
$410 monthly HOA
Neighborhood data shown for ZIP Code: 97223, Portland, OR area.
| 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 |
Residential
20,942
Single Family
17,937
Multi-Family
3,005
Businesses
1,980
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $425,000 |
| 2024-03-18 | Listing removed | N/A |
| 2024-03-07 | Listed for rent | $2,495 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $4316.85 | 2.76% | $245,830 | 3.00% |
| 2023-04-29 | $4201.06 | 2.96% | $238,670 | 3.00% |
| 2022-04-29 | $4080.38 | 2.57% | $231,720 | N/A |



Listed by: Lisa Bowes • Windermere Realty Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #169763728
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-29 12:07:10 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.