16580 SW Woodcrest AveTigardOR97224
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 16580 SW Woodcrest Ave, Tigard, OR, 97224 in Tigard at $529,000 earns $3,286/mo in rent and nets $71/mo after the $2,379/mo payment, a 7.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $146,153 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $4,872/yr in principal paydown, total projected return reaches $204,922.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.1% |
| Monthly Cash Flow | $71 | $1,850 |
City averages based on Tigard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,286 |
| Total Monthly Debt Service | $3,005 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
5,662 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
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
Single Family
Built in 1983
5,662 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Tydeman • Worldrelo Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #569405421
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