1860 NE Orenco Station Pkwy, Hillsboro, OR, 97124 | 6.61% Rental Yield

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

Total monthly income runs $2,754/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 6.61% with $2,754/mo rent. Return on cash invested shows 18% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 92.41% and total cumulative return in cash records $153,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Townhouse

Built in 1998

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to beautiful Orenco Station! This Parkway Townhome offers two bedroom suites, with each having its own attached bathroom. The primary bedroom has a spacious walk-in closet, a walk-in shower, double sinks and a separate water closet. Working from home? No problem! The upstairs features a loft that makes a perfect office with a built-in desk, closet, and even a nook for a TV. You'll love the open concept floor plan downstairs with a gas fireplace in the generous living room and a sliding door off the dining room that looks at the private courtyard patio. The kitchen has granite counters, a walk-in pantry, plus brand new refrigerator, range and microwave! The hot water heater is also new. A covered breezeway leads to the two car garage. Just a half block away from Central Park, plus easy access to grocery, shopping, dining, farmer's market and entertainment. The HOA covers exterior maintence, and neighborhood amenities like the pool, hot tub, tennis courts, and plenty of parks. Live the Orenco Station lifestyle today! [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240103]

Neighborhood Data

Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.

Housing Distribution

Housing Statistics

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