47 Eagle Crest Dr UNIT 15, Lake Oswego, OR, 97035 | $262/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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47 Eagle Crest Dr UNIT 15, Lake Oswego, OR, 97035 | $262/mo Cash Flow | Ziffy

For Sale

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 Lake Oswego at 47 Eagle Crest Dr UNIT 15, Lake Oswego, OR, 97035 uses $74,588 cash to close to unlock $3,145/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $1,101/mo payment keeps the spread at $262/mo. Purchase price stands at $225,000, and rental yield measures 8.64% with $1,620/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash records $93,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience easy, low-maintenance living in this inviting 2-bedroom condo in the heart of Mountain Park. Surrounded by lush trees and scenic trails, this home features a bright, open layout with a sunlit living room, dining nook, and a well-equipped kitchen with all appliances included. Enjoy the convenience of an in-unit washer and dryer, plus your own, up front, assigned parking space and ample guest parking nearby. Take advantage of the outdoor pool, community garden areas, wooded walking paths, and full access to Mountain Parks recreation center with an indoor pool, fitness center, tennis/pickleball courts, and group classes. Commuting is a breeze with quick access to I-5 and 217. Youll be moments from New Seasons, Starbucks, OHSU, PCC, Lewis and Clark, Tryon Creek State Park, and only minutes from downtown Lake Oswegos shops, dining, events, and farmers market. A perfect chance to stop renting and start building equity in a vibrant community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.

Housing Distribution

Housing Statistics

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