13620 SW Beef Bend Rd UNIT 16, Tigard, OR, 97224 | $191/mo Cash Flow

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13620 SW Beef Bend Rd UNIT 16, Tigard, OR, 97224 | $191/mo Cash Flow | 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

Rental property for sale in Tigard at 13620 SW Beef Bend Rd UNIT 16, Tigard, OR, 97224 generates $794/mo in rent and, after a $489/mo payment, leaves $191/mo in cash flow. Total monthly income is $794/mo, and annual cash flow is $2,290/yr on $33,150 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 9.53% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 139.7% and total cumulative return in cash sums $46,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $794/mo property income rather than buyer’s personal income.

Manufactured

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming 4-Bedroom, 2-Bath Manufactured Home. This spacious residence features an inviting large covered front porch, perfect for relaxing or entertaining. Inside, youll love the wood flooring throughout the main living areas and the open-concept design that creates a seamless flow. The living room showcases a vaulted, beamed ceiling and opens to a dining area with a bright bay window. The kitchen has two oversized islands, ideal for meal prep, entertaining, or casual dining. A cozy family room sits just off the kitchen, complete with sliding doors leading to the back deck. The primary suite has vaulted ceilings and a private bath. Three additional bedrooms with high ceilings share a full bath, while the large laundry room with exterior access adds convenience. Enjoy the low-maintenance fenced backyard with deck, providing outdoor space without the hassle. All this, just minutes from dining, golf courses, and neighborhood parks. *Space Rent is $1287, plus $50 for a parking permit. Water and Sewer is included. Electric and Garbage separate. **Owner Financing available.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97224, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,474 (100%)
Owner Occupied HU	11,629 (66.6%)
Renter Occupied HU	5,149 (29.5%)
Vacant Housing Units	696 ( 4.0%)
Median Home Value	$648,654
Average Home Value	$667,976