








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 50 Cervantes Cir, Lake Oswego, OR, 97035 priced at $319,000 converts $2,902/mo rent into $417/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,902/mo, and annual cash flow totals $5,002/yr on $105,749 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 10.92% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 130.31% and total cumulative return in cash sums $137,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,902/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$560 monthly 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 |
|---|---|---|
| 2024-05-01 | Sold | $319,000 |
| 2024-04-01 | Pending sale | $319,000 |
| 2024-03-31 | Listed for sale | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lynn Murray Lee • Lynn Murray Lee
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24465792
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 2025-11-01 21:04:10 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.