1631 NE Ashberry DrHillsboroOR97124
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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
Total monthly income runs $2,754/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 6.61% with $2,754/mo rent. Return on cash invested shows 13.99% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 72.35% and total cumulative return in cash records $119,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
2,178 sqft lot
$N/A/sqft
$520 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 10,578 (46.2%) |
| Renter Occupied HU | 11,396 (49.7%) |
| Vacant Housing Units | 937 ( 4.1%) |
| Median Home Value | $617,581 |
| Average Home Value | $657,267 |
Housing Distribution
Address Breakdown
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $500,000 |
| 2024-09-09 | Price change | $510,000 |
| 2024-07-11 | Price change | $525,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5257.29 | 2.79% | $312,050 | 3.00% |
| 2022-10-15 | $5114.82 | 2.05% | $302,970 | N/A |
| 2021-10-15 | $5011.99 | 2.20% | N/A | N/A |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 2003
- Architectural Style: N/A
- Building Area: 1,849
- Living Area: 1,849 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Hardwood, Tile, Vinyl, Wall to Wall Carpet, Wood
- Interior Features: Ceiling Fan(s), Granite, High Ceilings, Balcony, Walk-In Closet(s), Double Vanity, Shower, Built-in Features, Closet, Eat Bar, Coved, Suite, Tile
- Exterior Features: Balcony
- Parking Features: Driveway, On Street, Garage Door Opener, Attached, Extra Deep Garage
Location
HOA & Fees
- HOA Fee: $520 monthly
- Association Fee: $330 monthly
- Fees & Dues: N/A
- Association Amenities: Commons, Exterior Maintenance, Management, Party Room, Pool, Spa Hot Tub, Tennis Court
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Other Internet Service
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: West Union
- Middle School: Poynter
- High School: Liberty
Listed by: Lisa Miller • Knipe Realty ERA Powered
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24315034
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 08:39:19 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.