310 NE Edgeway DrHillsboroOR97006
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 310 NE Edgeway Dr, Hillsboro, OR, 97006 in Hillsboro. At $332,800 it earns $2,496/mo in rent and distributes $221/mo to the owner after the $1,496/mo payment, a consistent 9% yield. DSCR 1.67 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $91,947 in value; $3,065/yr in principal paydown compounds ownership stake. Total projected return: $141,431.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 4.8% |
| Monthly Cash Flow | $221 | $420 |
City averages based on Hillsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,496 |
| Total Monthly Debt Service | $2,142 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
2,614 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97006, Beaverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,915 (100%) |
| Owner Occupied HU | 8,934 (42.7%) |
| Renter Occupied HU | 10,966 (52.4%) |
| Vacant Housing Units | 1,015 ( 4.9%) |
| Median Home Value | $590,813 |
| Average Home Value | $585,912 |
Housing Distribution
Address Breakdown
Residential
19,387
Single Family
14,600
Multi-Family
4,787
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2010
2,614 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97006, Beaverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,915 (100%) |
| Owner Occupied HU | 8,934 (42.7%) |
| Renter Occupied HU | 10,966 (52.4%) |
| Vacant Housing Units | 1,015 ( 4.9%) |
| Median Home Value | $590,813 |
| Average Home Value | $585,912 |
Housing Distribution
Address Breakdown
Residential
19,387
Single Family
14,600
Multi-Family
4,787
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices