314 2nd StLake 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 314 2nd St, Lake Oswego, OR, 97034 generates $3,354/mo in rent, after a $5,619/mo payment. Total monthly income is $3,354/mo. Return on cash invested sits at 8.83% in year one, and rental yield is 3.51% on a $1,148,000 entry. Equity gained on principal adds $7,408/yr, while 5% annual appreciation builds toward $317,171 over five years. Five-year ROI reaches 43.16% and total cumulative return in cash sums $160,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,354/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
N/A 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: Justin Harnish • Harnish Company Realtors
Mls Name: RMLS (OR)
Mls ID: #519715307