17230 NE Leander Dr, Sherwood, OR, 97140 | 4.12% Rental Yield

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17230 NE Leander Dr, Sherwood, OR, 97140 | 4.12% Rental Yield | 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

Investment property for sale in Sherwood at 17230 NE Leander Dr, Sherwood, OR, 97140 earns from $3,948/mo rent with a $5,624/mo payment. Total monthly income totals $3,948/mo. ROI tracks 10.74% on current figures, and rental yield reads 4.12% at a $1,149,000 purchase. Equity gained on principal adds $7,414/yr, and 5% annual appreciation supports $317,448 over five years. Five-year ROI reaches 53.37% and total cumulative return in cash sums $198,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,948/mo property income instead of your personal income.

Single Family

Built in 1977

2.68 Acres lot

$N/A/sqft

No HOA

More details about the property

2.68 Acres with Breathtaking views of both Mt Hood and valley providing year-round beauty and tranquility. Daylight ranch w/main-level living; 3 bedrooms, vaulted living room w/wood burning fireplace, formal dining, a large kitchen with eating area & tons of cabinet storage. The functional layout maximizes the stunning scenery. A spacious deck, perfect for relaxing or entertaining. The lower level features a generous family room with wood stove, additional bedroom, and full bathideal for guests, extended family, or flexible living needs. Large workshop in daylight basement. While the home would benefit from some updating, it offers solid bones and endless potential to make it your own. Outside, the property includes a large shop with a concrete floor and power, perfect for hobbies and storage. This property offers room to roam, garden, or simply take in the peaceful natural surroundings. Whether you're seeking quiet country living or a scenic escape with easy access to town, this property offers incredible value and opportunity. Additional Square footage is unfinished space in daylight basement workshop.

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