6160 SW Alice Ln APT 203B, Beaverton, OR, 97008 | $711/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6160 SW Alice Ln APT 203B, Beaverton, OR, 97008 | $711/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 6160 SW Alice Ln APT 203B, Beaverton, OR, 97008 listed at $215,000 pairs $2,008/mo rent with a $1,052/mo payment to leave $711/mo cash flow. Total monthly income runs $2,008/mo, and annual cash flow reaches $8,526/yr on $71,273 cash to close. Return on cash invested measures 31.87% in year one, and rental yield registers 11.21% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 166.8% and total cumulative return in cash totals $118,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,008/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming second floor condominium in a serene tree grove in Beaverton. The unit features cozy carpet and vinyl flooring that mimics wood in the kitchen and tile in the bathroooms. Great room with dining and living spaces plus a wood-burning fireplace. Efficient galley kitchen is equipped with a dishwasher, electric range, built-in microwave, and a pantry or storage closet. North-facing covered balcony allows for year-round enjoyment and includes a closet for extra storage. Primary bedroom comes with an attached bathroom featuring a walk-in shower with glass door. Second bedroom is located near the hall bathroom, which includes a bathtub and an in-unit stackable washer and dryer, new in 2024. Both bedrooms have a privacy brick wall giving them a rustic feel. All appliances are included with the unit, along with a designated parking spot. Conveniently located with easy access to SW Allen Boulevard, Highway 217, and downtown Beaverton. Bike score: 75, Walk score: 55, Transit score: 37

Neighborhood Data

Neighborhood data shown for ZIP Code: 97008, Beaverton, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,819 (100%)
Owner Occupied HU	6,885 (53.7%)
Renter Occupied HU	5,220 (40.7%)
Vacant Housing Units	714 ( 5.6%)
Median Home Value	$601,358
Average Home Value	$600,892