420 S State 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
Investment property for sale in Lake Oswego at 420 S State St, Lake Oswego, OR, 97034 uses $136,578 cash to close to unlock $10,400/yr annual cash flow and $867/mo monthly cash flow. Total monthly income runs $3,354/mo, and a $2,017/mo payment keeps the spread at $867/mo. Purchase price stands at $412,000, and rental yield measures 9.77% with $3,354/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 143.48% and total cumulative return in cash records $195,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,354/mo property income covering a $2,017/mo payment rather than investor’s personal income.
Townhouse
Built in 1948
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: Gretchen McClaughry • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls ID: #231911088