461 NE 16th AveHillsboroOR97124
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
Investment Highlights
Rental property for sale in Hillsboro at 461 NE 16th Ave, Hillsboro, OR, 97124 generates $4,043/mo in rent, after a $3,279/mo payment. Total monthly income is $4,043/mo. Return on cash invested sits at 20.06% in year one, and rental yield is 7.24% on a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 103.41% and total cumulative return in cash sums $227,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,043/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
7,840 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices