59 Oswego Smt, Lake Oswego, OR, 97035 | $471/mo Cash Flow

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59 Oswego Smt, Lake Oswego, OR, 97035 | $471/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 Lake Oswego at 59 Oswego Smt, Lake Oswego, OR, 97035 uses $99,119 cash to close to unlock $5,648/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $2,275/mo, and a $1,463/mo payment keeps the spread at $471/mo. Purchase price stands at $299,000, and rental yield measures 9.13% with $2,275/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 133.21% and total cumulative return in cash records $132,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,275/mo property income covering a $1,463/mo payment rather than investor’s personal income.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Enjoy the feeling of living among the trees in this updated Oswego Summit townhome. Vaulted ceilings and large windows fill the living room with light, while bamboo floors, a pellet stove, and a covered deck create a warm and inviting space to relax. The kitchen was recently renovated and stands out with deep blue cabinets, quartz counters, and a patterned tile backsplash, paired with newer stainless Whirlpool appliances. Upstairs, both bedrooms feature walk-in closets. The primary offers a walk-in closet and ensuite, while the secondary bedroom connects directly to the full bath through its walk-through closet, giving the home a true dual-primary layout. Both bathrooms have been recently updated with new vanities and flooring, giving them a fresh look. A single-car detached garage adds convenience, and the location is just minutes to Whole Foods, New Seasons, and Lake Oswegos shopping and dining. Residents enjoy Mountain Parks miles of trails, fitness center, indoor pool, spa, and sport courts, plus Oswego Summits own outdoor pool and clubhouse. Move-in ready with modern updates and a lifestyle youll love.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,111 (100%)
Owner Occupied HU	7,509 (62.0%)
Renter Occupied HU	3,854 (31.8%)
Vacant Housing Units	748 ( 6.2%)
Median Home Value	$849,759
Average Home Value	$912,658