527 2nd StLake OswegoOR97034
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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 527 2nd St, Lake Oswego, OR, 97034 offers a 2.6% rental yield on a $1,199,900 purchase with $2,598/mo rent. 03% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,510 over five years. Portfolio math shows five-year ROI at 28.13% and total cumulative return in cash at $109,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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Listed by: Tonya Bunick • Avery Bunick Properties
Mls Name: RMLS (OR)
Mls ID: #729159413