3478 NE Lincoln St, Hillsboro, OR, 97124 | $248/mo Cash Flow

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3478 NE Lincoln St, Hillsboro, OR, 97124 | $248/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hillsboro at 3478 NE Lincoln St, Hillsboro, OR, 97124 offers a 7.93% rental yield on a $435,000 purchase with $2,874/mo rent. Total monthly income registers $2,874/mo, and a $2,129/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,980/yr on $144,203 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 113.74% and total cumulative return in cash at $164,016. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,874/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new haven in Hillsboro! This charming 3BR/2BA home spans 1,040 sq ft and showcases meticulous updates including a new 40-year roof, high-capacity gutters, and a fresh exterior paint job. Experience year-round comfort with a 95% efficient Trane furnace and 17 SEER A/C, along with the peace of mind from a full PEX repipe. Enjoy the convenience of single-level living with ample RV parking, large 25x25' garage on a large, private lot. Situated in a quiet, established neighborhood, this property offers easy access to light rail, Intel, and Hwy 26. Explore the newly revamped Downtown Hillsboro with its vibrant markets, events, and delightful cafes and boutiques. This home combines modern amenities with prime location for an ideal lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,911 (100%)
Owner Occupied HU	10,578 (46.2%)
Renter Occupied HU	11,396 (49.7%)
Vacant Housing Units	937 ( 4.1%)
Median Home Value	$617,581
Average Home Value	$657,267