






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 Hillsboro at 240 SE 26th Ave APT A, Hillsboro, OR, 97123 uses $177,660 cash to close to unlock $9,774/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $4,074/mo, and a $2,643/mo payment keeps the spread at $815/mo. Purchase price stands at $540,000, and rental yield measures 9.05% with $4,074/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 132.93% and total cumulative return in cash records $236,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,074/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,051 (100%) |
| Owner Occupied HU | 12,755 (67.0%) |
| Renter Occupied HU | 5,073 (26.6%) |
| Vacant Housing Units | 1,223 ( 6.4%) |
| Median Home Value | $620,631 |
| Average Home Value | $660,108 |
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $540,000 |
| 2015-02-09 | Sold | $198,000 |
| 2015-01-16 | Pending sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $3320.70 | 2.93% | $197,240 | 3.00% |
| 2023-04-15 | $3226.31 | 2.79% | $191,500 | 3.00% |
| 2022-04-15 | $3138.88 | 2.05% | $185,930 | N/A |



Listed by: Margaret Boehmer • MORE Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #409276067
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-15 12:15:56 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.