2824 SE 13th CtHillsboroOR97123
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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
Investment property for sale in Hillsboro at 2824 SE 13th Ct, Hillsboro, OR, 97123 offers a 6.5% rental yield on a $575,000 purchase with $3,114/mo rent. 8% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 91.3% and total cumulative return in cash at $172,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
8,276 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Sold | $575,000 |
| 2025-06-09 | Pending sale | $570,000 |
| 2025-06-02 | Listed for sale | $570,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $4948.89 | 2.93% | $293,950 | 3.00% |
| 2023-10-09 | $4808.14 | 2.79% | $285,390 | 3.00% |
| 2022-10-09 | $4677.72 | 2.05% | $277,080 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1980
- Architectural Style: Ranch
- Building Area: 1,685
- Living Area: 1,685 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Laminate, Tile, Wall to Wall Carpet
- Interior Features: Ceiling Fan(s), High Ceilings, Quartz, Soaking Tub, Vaulted Ceiling(s), Wainscoting, Closet, Formal, Pantry, Walk-In Closet(s), Cook Island, Kitchen Island, Tile
- Exterior Features: Fire Pit, Garden, Raised Beds, Yard
- Parking Features: Driveway, RV Access/Parking, Garage Door Opener, Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Minter Bridge
- Middle School: South Meadows
- High School: Hillsboro
Listed by: Andrea Guest • Keller Williams Realty Professionals
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #206633627
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 2025-10-09 04:02:25 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.