5488 SW Alger Ave #I7, Beaverton, OR, 97005 | $437/mo Cash Flow

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5488 SW Alger Ave #I7, Beaverton, OR, 97005 | $437/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 Beaverton at 5488 SW Alger Ave #I7, Beaverton, OR, 97005 offers a 9.93% rental yield on a $195,000 purchase with $1,614/mo rent. Total monthly income registers $1,614/mo, and a $954/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,248/yr on $64,643 to close, and return on cash invested stands at 28.03% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 146.2% and total cumulative return in cash at $94,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,614/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

Thoughtfully updated, this main-level condo offers a bright and functional layout with new interior paint and flooring. The home includes a dedicated dining room, a large living room with a sliding glass door to the private covered paved patio, and a spacious bedroom. The walk-in shower, in-unit laundry with washer and dryer included, and a brand-new dishwasher make everyday living simple and low-maintenance. A dedicated parking space adds convenience. The location is a standoutright in the heart of vibrant downtown Beaverton. Walk to the farmers market or the library, enjoy an easy stroll to public transportation, and check out all the nearby restaurants and cafs. HOA dues cover building and common area maintenance, common insurance, water, sewer, trash service, landscaping, pool and clubhouse maintenance, and management. Quick access to 217 and Hwy 26 adds to the overall convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97005, Beaverton, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,493 (100%)
Owner Occupied HU	4,281 (37.2%)
Renter Occupied HU	6,621 (57.6%)
Vacant Housing Units	591 ( 5.1%)
Median Home Value	$601,713
Average Home Value	$610,627