1943 NE 51st AveHillsboroOR97124
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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
Rental property for sale in Hillsboro at 1943 NE 51st Ave, Hillsboro, OR, 97124 generates $3,150/mo in rent, after a $3,142/mo payment. Total monthly income is $3,150/mo. Return on cash invested sits at 15.94% in year one, and rental yield is 5.89% on a $642,000 entry. Equity gained on principal adds $4,143/yr, while 5% annual appreciation builds toward $177,373 over five years. Five-year ROI reaches 81.34% and total cumulative return in cash sums $171,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,150/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5,227 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
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