Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hillsboro at 537 NE 38th Ct, Hillsboro, OR, 97124 uses $143,772 cash to close to unlock $2,614/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $2,836/mo, and a $2,123/mo payment keeps the spread at $218/mo. Purchase price stands at $433,700, and rental yield measures 7.85% with $2,836/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $119,823 over five years. Five-year ROI reaches 112.38% and total cumulative return in cash records $161,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,836/mo property income covering a $2,123/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 10,578 (46.2%) |
| Renter Occupied HU | 11,396 (49.7%) |
| Vacant Housing Units | 937 ( 4.1%) |
| Median Home Value | $617,581 |
| Average Home Value | $657,267 |
Residential
21,791
Single Family
15,091
Multi-Family
6,700
Businesses
1,491
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Sold | $433,700 |
| 2025-07-24 | Pending sale | $425,000 |
| 2025-07-15 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $3472.87 | 2.92% | $206,280 | 3.00% |
| 2023-10-19 | $3374.23 | 2.79% | $200,280 | 3.00% |
| 2022-10-19 | $3282.75 | 2.05% | $194,450 | N/A |
Listed by: Julie Craig • MORE Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #654284864
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 2025-10-18 22:09:12 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.
