22848 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 | $249/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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22848 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 | $249/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

Investment property for sale in Sherwood at 22848 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 earns $249/mo cash flow from $2,059/mo rent with a $1,468/mo payment. Total monthly income totals $2,059/mo, and annual cash flow totals $2,983/yr on $99,417 capital. ROI tracks 22.91% on current figures, and rental yield reads 8.24% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 118.75% and total cumulative return in cash sums $118,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,059/mo property income instead of your personal income.

Townhouse

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Bright and spacious corner-unit condo spanning two levels with an open-concept layout and private balcony overlooking a peaceful, tree-lined common area. The updated kitchen features granite counters, an eating bar, pantry, and newer stainless appliancesincluding gas stove, refrigerator, microwave, and disposal. All 3 generous sized bedrooms are located upstairs including a primary suite with its own bathroom, an additional full bathroom in the hallway including an upstairs laundry which includes a newer full-size washer and dryer. Detached garage with opener plus assigned parking.HOA covers exterior maintenance, landscaping, garbage, water, sewer, heated pool, and fitness room. Close to YMCA, parks, top schools, shopping, dining, and public transit, with quick access to Hwy 99Eideal for homeowners or investors.Note: Construction on exterior is currently underway (new roofs, windows, doors, decks, siding) and will be fully paid at closing by the seller. Act fast on this incredible opportunity on one of the largest floorplans available in this complex before its gone.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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1753 Jansen Way, Woodburn, OR, 97071

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Townhouse
Year Built: 2006
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Driveway, Off Street, Garage Door Opener, Condo Garage (Attached), Attached

Location

City: Sherwood
State: OR
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Joey McNamara • Real Broker

Mls Name: RMLS (OR)

Mls ID: #428521541

22848 SW Forest Creek Dr UNIT 200,Sherwood,OR,97140

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

22848 SW Forest Creek Dr UNIT 200SherwoodOR97140