1901 SE Minter Bridge Rd UNIT 20, Hillsboro, OR, 97123 | $287/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1901 SE Minter Bridge Rd UNIT 20, Hillsboro, OR, 97123 | $287/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 Hillsboro at 1901 SE Minter Bridge Rd UNIT 20, Hillsboro, OR, 97123 generates $1,186/mo in rent and, after a $729/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,186/mo, and annual cash flow is $3,443/yr on $49,394 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.55% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 140.02% and total cumulative return in cash sums $69,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,186/mo property income rather than buyer’s personal income.

Manufactured

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

BEAUTIFUL CLEAN HOME - GREAT PRICE! GREAT LOCATION! - FIRST 3 MONTHS FREE PARK RENT - FINANCING AVAILABLE. MUST HAVE 650+ CREDIT SCORE. ENJOY THE WINTER HOLIDAY MONTHS WHILE YOU SETTLE IN- OWNER MUST BE 55+ RESIDENTS LIVING IN THE HOME MUST BE 18+. THIS REMODELED 1984, 2 BEDROOM 2 BATH MANUFACTURED HOME IS MOVE IN READY! - NEW ROOF- NEW GUTTERS - NEW HEAT PUMP/COOLING SYSTEM - ALL NEW STAINLESS-STEEL APPLIANCES, PLUS WASHER AND DRYER - NEW FARMHOUSE KITCHEN SINK & NEW GARBAGE DISPOSAL - NEW LP FLOORING - NEW CARPET IN BEDROOMS - WATER HEATER APPROX. 2 YRS OLD - NEW WINDOW BLINDS THROUGHOUT THE HOME NEW INTERIOR AND EXTERIOR PAINT. NEXT TO SHOPPING MALL, RESTAURANTS, HOME DEPOT & LOWES. PARK INCLUDES NEWLY REMODELED CLUBHOUSE AVAILABLE TO RESERVE FOR PRIVATE EVENTS, PARTIES, MEETINGS AND FAMILY GET TOGETHERS WITH POOL TABLE, FULL KITCKEN, TABLE & CHAIRS, COUCHES TV. & INTERNET, AND BATHROOM. PARK ALLOWS 2 PETS. PARK SPACE RENT 1330. INCLUDES GARBAGE. CALL NOW TO SET AN APPOINTMENT FOR A SHOWING.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,051 (100%)
Owner Occupied HU	12,755 (67.0%)
Renter Occupied HU	5,073 (26.6%)
Vacant Housing Units	1,223 ( 6.4%)
Median Home Value	$620,631
Average Home Value	$660,108