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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Beaverton at 5566 SW Erickson Ave, Beaverton, OR, 97005 priced at $299,000 converts $1,916/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,916/mo. Return on cash invested prints 15.21% in year one, and rental yield reads 7.69% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 79.62% and total cumulative return in cash sums $78,922. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,916/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 97005, Beaverton, OR area.
| 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 |
Residential
12,102
Single Family
10,150
Multi-Family
1,952
Businesses
1,829
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $299,000 |
| 2023-10-06 | Listing removed | N/A |
| 2023-09-23 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $2249.19 | 5.91% | $103,500 | 3.00% |
| 2023-04-13 | $2123.63 | 4.48% | $100,490 | 2.99% |
| 2022-04-13 | $2032.63 | 3.63% | $97,570 | N/A |
Listed by: Ellie Gartland • Stellar Realty Northwest
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #629194321
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 2025-04-13 12:18:31 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.
