16240 NE Mountain Home RdSherwoodOR97140








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
Investment property for sale in Sherwood at 16240 NE Mountain Home Rd, Sherwood, OR, 97140 listed at $710,000 pairs $4,013/mo rent with a $3,475/mo payment. Total monthly income runs $4,013/mo. Return on cash invested measures 18.66% in year one, and rental yield registers 6.78% at a $710,000 basis. Equity gained on principal adds $4,582/yr, and annual property appreciation at 5% supports $196,160 by year five. Five-year ROI tracks 95.91% and total cumulative return in cash totals $224,039. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,013/mo property income relative to a $3,475/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.97 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97140, Sherwood, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,765 (100%) |
| Owner Occupied HU | 7,575 (77.6%) |
| Renter Occupied HU | 1,917 (19.6%) |
| Vacant Housing Units | 273 ( 2.8%) |
| Median Home Value | $715,341 |
| Average Home Value | $778,183 |
Housing Distribution
Address Breakdown
Residential
9,543
Single Family
8,920
Multi-Family
623
Businesses
841
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-17 | Sold | $710,000 |
| 2025-08-16 | Pending sale | $699,900 |
| 2025-05-19 | Price change | $699,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-05 | $4153.23 | 2.99% | $319,484 | 3.00% |
| 2023-11-05 | $4032.79 | 2.04% | $310,179 | 3.00% |
| 2022-11-05 | $3952.05 | 2.10% | $301,145 | 3.00% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1969
- Architectural Style: Mid Century Modern
- Building Area: 2,321
- Living Area: 2,321 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Baseboard, Wood Stove, Fireplace(s)
- Cooling: None
- Flooring: Vinyl, Wall to Wall Carpet, Tile
- Interior Features: High Speed Internet, Vaulted Ceiling(s), Closet, Built-in Features, Sunken, Sink, Tile
- Exterior Features: Water Feature, Yard
- Parking Features: Driveway, RV Access/Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Community
- Road Surface Type: Gravel, Paved
School Information
- Elementary School: Mabel Rush
- Middle School: Mountain View
- High School: Newberg
Listed by: Danna Kemp • Thoroughbred Real Estate Group Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #770162622
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 2025-11-04 21:49:34 PST. 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.








