








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lake Oswego at 4698 Black Forest Ct, Lake Oswego, OR, 97035 generates $4,546/mo in rent, after a $4,159/mo payment. Total monthly income is $4,546/mo. Return on cash invested sits at 17.43% in year one, and rental yield is 6.42% on a $849,700 entry. Equity gained on principal adds $5,483/yr, while 5% annual appreciation builds toward $234,756 over five years. Five-year ROI reaches 89.37% and total cumulative return in cash sums $249,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,546/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
N/A lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 7,509 (62.0%) |
| Renter Occupied HU | 3,854 (31.8%) |
| Vacant Housing Units | 748 ( 6.2%) |
| Median Home Value | $849,759 |
| Average Home Value | $912,658 |
Residential
11,496
Single Family
9,114
Multi-Family
2,382
Businesses
1,451
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $849,700 |
| 2022-05-27 | Listing removed | N/A |
| 2022-05-25 | Listed for rent | $3,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | $7885.16 | 3.03% | $409,559 | 3.00% |
| 2023-06-24 | $7653.56 | 3.06% | $397,631 | 3.00% |
| 2022-06-24 | $7426.44 | 8.27% | $386,050 | 3.00% |



Listed by: Susanne Watzig • Integrity Home Realty LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #769411140
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-06-24 11:44:32 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.