23662 SW Pinehurst Dr, Sherwood, OR, 97140 | 6.9% Rental Yield

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23662 SW Pinehurst Dr, Sherwood, OR, 97140 | 6.9% Rental Yield | 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

Investment property for sale in Sherwood at 23662 SW Pinehurst Dr, Sherwood, OR, 97140 offers a 6.9% rental yield on a $625,000 purchase with $3,594/mo rent. 02% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 97.84% and total cumulative return in cash at $201,181. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,594/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

An immaculate home that its original owners have meticulously maintained. This property is situated on a large corner lot within a highly coveted neighborhood, offering a wonderful sense of community and proximity to the charming old town area. The main floor boasts luxurious vinyl plank flooring throughout, and the family room features a cozy gas fireplace, creating a warm and inviting atmosphere. The open-concept design seamlessly connects the family room and kitchen, making it ideal for entertaining and daily living. The kitchen is truly a highlight, equipped with granite slab countertops, newer appliances, an undermount sink, a functional island, and a convenient eat bar.Upstairs, you'll find a versatile loft area that would be perfect as a bonus room, a dedicated office space, or even a playroom. The backyard is an absolute dream, featuring a gorgeous patio built with pavers, a beautifully maintained garden, and a comprehensive sprinkler system ensuring lush greenery everywhere. This home truly offers a blend of comfort, style, and practicality.

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