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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hillsboro at 1695 NE Orenco Station Pkwy, Hillsboro, OR, 97124 generates $2,874/mo in rent, after a $3,597/mo payment. Total monthly income is $2,874/mo. Return on cash invested sits at 11.37% in year one, and rental yield is 4.69% on a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 57.13% and total cumulative return in cash sums $138,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
4,791 sqft lot
$N/A/sqft
$570 quarterly HOA
Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.
| 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 |
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $735,000 |
| 2023-12-18 | Sold | $700,000 |
| 2023-11-21 | Pending sale | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6224.02 | 2.79% | $369,430 | 3.00% |
| 2022-10-15 | $6055.12 | 2.05% | $358,670 | N/A |
| 2021-10-15 | $5933.48 | 2.20% | N/A | N/A |
Listed by: Darcie VanderZanden • Keller Williams Sunset Corridor
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24447682
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 08:55:42 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.
