289 G AveLake OswegoOR97034
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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 Lake Oswego at 289 G Ave, Lake Oswego, OR, 97034 priced at $1,980,000 pairs $4,955/mo rent with after a $9,691/mo payment. Total monthly income equals $4,955/mo. Return on cash invested is 7.28% in year one, and rental yield stands at 3% on a $1,980,000 basis. Equity gained on principal adds $12,777/yr, and 5% annual appreciation accumulates to $547,037 by year five. Five-year ROI measures 34.83% and total cumulative return in cash reaches $223,432. For financing, Ziffy Mortgage’s DSCR program evaluates $4,955/mo property income against a $9,691/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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Listed by: Beth Bonita • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls ID: #323940916