161 3rd StLake OswegoOR97034
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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 Lake Oswego at 161 3rd St, Lake Oswego, OR, 97034 listed at $965,000 pairs $2,598/mo rent with a $4,723/mo payment. Total monthly income runs $2,598/mo. Return on cash invested measures 7.86% in year one, and rental yield registers 3.23% at a $965,000 basis. Equity gained on principal adds $6,227/yr, and annual property appreciation at 5% supports $266,612 by year five. Five-year ROI tracks 38.02% and total cumulative return in cash totals $120,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,598/mo property income relative to a $4,723/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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Listed by: Sara Lewis • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls ID: #250896715