








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sherwood at 23713 SW Heron Lakes Dr, Sherwood, OR, 97140 offers a 5.92% rental yield on a $799,900 purchase with $3,948/mo rent. 05% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $220,998 over five years. Portfolio math shows five-year ROI at 81.89% and total cumulative return in cash at $215,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,948/mo property income against a $3,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97140, Sherwood, OR area.
| 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 |
Residential
9,543
Single Family
8,920
Multi-Family
623
Businesses
841
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jennifer Myers • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #302012068