47 Eagle Crest Dr UNIT 53, Lake Oswego, OR, 97035 | $1,005/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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47 Eagle Crest Dr UNIT 53, Lake Oswego, OR, 97035 | $1,005/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 53, Lake Oswego, OR, 97035 uses $96,102 cash to close to unlock $12,060/yr annual cash flow and $1,005/mo monthly cash flow. Total monthly income runs $2,755/mo, and a $1,419/mo payment keeps the spread at $1,005/mo. Purchase price stands at $289,900, and rental yield measures 11.4% with $2,755/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 169.98% and total cumulative return in cash records $163,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,755/mo property income covering a $1,419/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

This beautifully updated 3-bedroom ground-level condo in Lake Oswego's coveted Mountain Park neighborhood boasts modern features including a sleek kitchen, renovated bathroom, in-unit washer and dryer, and clever built-in storage throughout. The community features exceptional amenities like a year-round indoor and seasonal outdoor pool, a state-of-the-art fitness center offering regular classes, tennis/pickleball courts, and serene wooded walking trails. Enjoy the convenience of a deeded parking spot right outside the door, all just minutes from downtown's charming shops, fine dining, and top-rated schools. Perfect for those seeking low-maintenance affordable luxury living in one of Lake Oswego's most sought-after locations, this move-in ready home offers both comfort and an enviable lifestyle.

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