17915 Ridge Lake DrLake OswegoOR97034
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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 Lake Oswego at 17915 Ridge Lake Dr, Lake Oswego, OR, 97034 listed at $1,052,500 pairs $5,278/mo rent with a $5,151/mo payment. Total monthly income runs $5,278/mo. Return on cash invested measures 16.07% in year one, and rental yield registers 6.02% at a $1,052,500 basis. Equity gained on principal adds $6,792/yr, and annual property appreciation at 5% supports $290,786 by year five. Five-year ROI tracks 82.17% and total cumulative return in cash totals $280,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,278/mo property income relative to a $5,151/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
8,276 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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