47 Eagle Crest Dr UNIT 53Lake OswegoOR97035
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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 47 Eagle Crest Dr UNIT 53, Lake Oswego, OR, 97035 uses $95,273 cash to close to unlock $10,763/yr annual cash flow and $897/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,407/mo payment keeps the spread at $897/mo. Purchase price stands at $287,400, and rental yield measures 10.99% with $2,632/mo rent. Return on cash invested shows 31.21% in year one, and 5% annual appreciation builds toward $79,403 over five years. Five-year ROI reaches 163.2% and total cumulative return in cash records $155,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,407/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,496
Single Family
9,114
Multi-Family
2,382
Businesses
1,451
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Listed by: Brooke Wert • Move Real Estate Inc
Mls Name: RMLS (OR)
Mls ID: #220774833