6244 Frost Ln, Lake Oswego, OR, 97035 | 6.99% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6244 Frost Ln, Lake Oswego, OR, 97035 | 6.99% Rental Yield | 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 6244 Frost Ln, Lake Oswego, OR, 97035 listed at $869,900 pairs $5,068/mo rent with a $4,258/mo payment. Total monthly income runs $5,068/mo. Return on cash invested measures 19.29% in year one, and rental yield registers 6.99% at a $869,900 basis. Equity gained on principal adds $5,613/yr, and annual property appreciation at 5% supports $240,337 by year five. Five-year ROI tracks 99.29% and total cumulative return in cash totals $284,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,068/mo property income relative to a $4,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

6244 Frost Lane. "Large, bright, and functional" describes homes of this era and this home perfectly. Located in the Lake Grove neighborhood of Lake Oswego, in a little nook known as Summer Woods, this upgraded traditional sits on a nice sized lot that includes a covered front porch, two decks, and an attached 2 car garage. The best floor plan, fresh modern improvements, and loads of natural light - it just feels good when you walk in. Bike score of 72 -farmer's market, boutiques, grocery stores, several coffee shops and restaurants, parks, post office and schools are all just a pedal away. Highlights: new- roof, high-efficiency furnace, garage door, flooring, cabinets, surfaces, tile, paint, and lighting. This is the home, your place to settle in and stay.

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