








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


Investment property for sale in Tigard at 15514 SW 114th Ct UNIT 61, Tigard, OR, 97224 offers a 11.44% rental yield on a $249,500 purchase with $2,378/mo rent. Total monthly income registers $2,378/mo, and a $1,221/mo payment leaves $872/mo available for distribution. Annual cash flow reaches $10,466/yr on $82,709 to close, and return on cash invested stands at 32.56% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 170.55% and total cumulative return in cash at $141,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,378/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97224, Portland, OR area.
| 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 |
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ken Miller • Ken Miller & Associates
Mls Name: RMLS (OR)
Mls ID: #225838352