17180 SW Smith Ave UNIT 96, Sherwood, OR, 97140 | $250/mo Cash Flow

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17180 SW Smith Ave UNIT 96, Sherwood, OR, 97140 | $250/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sherwood at 17180 SW Smith Ave UNIT 96, Sherwood, OR, 97140 generates $1,210/mo in rent and, after a $778/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,210/mo, and annual cash flow is $3,006/yr on $52,709 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.13% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 133.28% and total cumulative return in cash sums $70,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,210/mo property income rather than buyer’s personal income.

Manufactured

Built in 1995

3,000 sqft lot

$N/A/sqft

No HOA

More details about the property

This spacious 3-bedroom, 2-bathroom mobile home with a den offers a bright and open floor plan with numerous upgrades. Enjoy new laminate flooring (2024), a heat pump (2018), and a new roof (2013) for added comfort and efficiency. The home features a sliding glass door leading to a backyard deck, a fully fenced yard, and an underground Rainbird sprinkler system for easy maintenance. The separate laundry room includes a washer and dryer, while the kitchen boasts a breakfast bar and nook area for extra dining space. All appliances are included, and select furniture can stay if desired. Located on a corner lot in Smith Farms Estate, a small and quiet all-age community in Sherwood, Oregon. Lot rent is $850 a month. Park does allow pets but certain restriction may apply.

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