614 NE Garswood LnHillsboroOR97006
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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
Investment Highlights
Rental property for sale in Hillsboro at 614 NE Garswood Ln, Hillsboro, OR, 97006 priced at $324,000 pairs $2,518/mo rent with $562/mo cash flow after a $1,586/mo payment. Total monthly income equals $2,518/mo, and annual cash flow comes to $6,745/yr on $107,406 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 9.33% on a $324,000 basis. Equity gained on principal adds $2,091/yr, and 5% annual appreciation accumulates to $89,515 by year five. Five-year ROI measures 136.35% and total cumulative return in cash reaches $146,447. For financing, Ziffy Mortgage’s DSCR program evaluates $2,518/mo property income against a $1,586/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97006, Beaverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,915 (100%) |
| Owner Occupied HU | 8,934 (42.7%) |
| Renter Occupied HU | 10,966 (52.4%) |
| Vacant Housing Units | 1,015 ( 4.9%) |
| Median Home Value | $590,813 |
| Average Home Value | $585,912 |
Housing Distribution
Address Breakdown
Residential
19,387
Single Family
14,600
Multi-Family
4,787
Businesses
855
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