22864 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 | $1,152/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

22864 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 | $1,152/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1126 sft

22864 SW Forest Creek Dr UNIT 203, Sherwood, OR, 97140

3 Bed
1 Bath
1617 sft

709 E Franklin St, Newberg, OR, 97132

3 Bed
2 Bath
1500 sft

3419 Knoll Dr, Newberg, OR, 97132

3 Bed
3 Bath
1492 sft

3017 NE Buel Dr, McMinnville, OR, 97128

Nearby investment properties with comparable prices

2 Bed
2 Bath
1288 sft

2279 W Hayes St, Woodburn, OR, 97071

2 Bed
1 Bath
814 sft

1369 Thompson Rd, Woodburn, OR, 97071

2 Bed
1 Bath
752 sft

1571 Sallal Ct, Woodburn, OR, 97071

2 Bed
1 Bath
1049 sft

1259 Randolph Rd, Woodburn, OR, 97071

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Sherwood at 22864 SW Forest Creek Dr UNIT 200, Sherwood, OR, 97140 listed at $299,000 pairs $2,956/mo rent with a $1,463/mo payment to leave $1,152/mo cash flow. Total monthly income runs $2,956/mo, and annual cash flow reaches $13,820/yr on $99,119 cash to close. Return on cash invested measures 33.85% in year one, and rental yield registers 11.86% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 177.41% and total cumulative return in cash totals $175,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,956/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 2.5-bath condo offering 1,416 square feet of comfortable living space in one of Sherwoods most desirable neighborhoods . With a thoughtful layout and charming details throughout, this home is move-in ready and perfect for those seeking low-maintenance living without compromising on space or style. Step inside to an open-concept living area anchored by a cozy gas fireplaceideal for relaxing evenings or entertaining guests. The spacious kitchen comes fully equipped with all appliances included, generous cabinetry, and a breakfast bar for casual dining. Upstairs, youll find three well-sized bedrooms with vaulted ceilings and two additional bathrooms that offer flexibility for guests, a home office, or growing households. Enjoy year-round comfort with central AC and a private patio space and attached garage complete the package, adding both functionality and comfort. Whether you're sipping coffee on your private patio or exploring the quaint shops, restaurants, and parks of Old Town just steps away, you'll love calling this place home.Don't miss this opportunity to own a move-in-ready condo in one of Sherwoods most sought-after communities!

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