23932 NE Poplar CtWood VillageOR97060
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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
Investment Highlights
Rental property for sale in Wood Village at 23932 NE Poplar Ct, Wood Village, OR, 97060 generates $1,980/mo in rent and, after a $1,077/mo payment, leaves $652/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $7,822/yr on $72,930 invested. Return on cash invested sits at 30.63% in year one, and rental yield is 10.8% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 160.15% and total cumulative return in cash sums $116,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97060, Troutdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,051 (100%) |
| Owner Occupied HU | 5,223 (64.9%) |
| Renter Occupied HU | 2,547 (31.6%) |
| Vacant Housing Units | 281 ( 3.5%) |
| Median Home Value | $461,456 |
| Average Home Value | $491,208 |
Housing Distribution
Address Breakdown
Residential
7,871
Single Family
6,780
Multi-Family
1,091
Businesses
638
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Listed by: Timothy Saeland • RE/MAX Equity Group
Mls Name: RMLS (OR)
Mls ID: #554043620