22802 SW Forest Creek Dr UNIT 101SherwoodOR97140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sherwood at 22802 SW Forest Creek Dr UNIT 101, Sherwood, OR, 97140 offers a 10.39% rental yield on a $190,000 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $930/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,977/yr on $62,985 to close, and return on cash invested stands at 29.4% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 153.62% and total cumulative return in cash at $96,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,543
Single Family
8,920
Multi-Family
623
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices