16650 NE Pit RdHillsboroOR97123
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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 Hillsboro at 16650 NE Pit Rd, Hillsboro, OR, 97123 uses $263,036 cash to close to unlock $13,851/yr annual cash flow and $1,154/mo monthly cash flow. Total monthly income runs $5,980/mo, and a $3,913/mo payment keeps the spread at $1,154/mo. Purchase price stands at $799,500, and rental yield measures 8.98% with $5,980/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $220,887 over five years. Five-year ROI reaches 131.66% and total cumulative return in cash records $346,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,980/mo property income covering a $3,913/mo payment rather than investor’s personal income.
Single Family
Built in 1997
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,051 (100%) |
| Owner Occupied HU | 12,755 (67.0%) |
| Renter Occupied HU | 5,073 (26.6%) |
| Vacant Housing Units | 1,223 ( 6.4%) |
| Median Home Value | $620,631 |
| Average Home Value | $660,108 |
Housing Distribution
Address Breakdown
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
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