555 NW Hertel St, Hillsboro, OR, 97124 | 5.95% Rental Yield

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

Rental property for sale in Hillsboro at 555 NW Hertel St, Hillsboro, OR, 97124 generates $2,874/mo in rent, after a $2,839/mo payment. Total monthly income is $2,874/mo. Return on cash invested sits at 16.12% in year one, and rental yield is 5.95% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 82.27% and total cumulative return in cash sums $156,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.

Single Family

Built in 2002

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

You'll find space for everyone in this well-cared for home just down the street from the neighborhood park! New roof in 2021! Beautiful vinyl plank floors in entry and kitchen. Open entry with high ceilings leads you into the Living/Dining area which has wall-to wall carpet. Just past the living/dining room is the family and kitchen. Family room has gas fireplace with tile surround and mantel and is open to the eating area and kitchen. Nice size Kitchen has plenty of oak cabinets, all appliances, pantry & slider to the patio and fenced backyard. The vaulted primary suite has two generous walk-in closets & large bathroom with dual sink vanity and tub/shower combo. 2nd & 3rd bedrooms have walk in closets as well. Bonus room has built in shelves and could be used as 4th bedroom with no closet. Private fenced back yard has flower bed and patio prefect for relaxing and enjoying the summer evenings. Apple, pear, & cherry trees in front! Located in a quiet, walkable community which offers two neighborhood parks, and a peaceful atmosphere ideal for evening strolls or bike rides, close to downtown Hillsboro and easy access to Hwy 26! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10195332]

Neighborhood Data

Neighborhood data shown for ZIP Code: 97124, Hillsboro, OR area.

Housing Distribution

Housing Statistics

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