








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 Lake Oswego at 6401 SW McEwan Rd, Lake Oswego, OR, 97035 priced at $599,400 pairs $3,768/mo rent with $150/mo cash flow after a $2,934/mo payment. Total monthly income equals $3,768/mo, and annual cash flow comes to $1,796/yr on $197,203 invested. Return on cash invested is 20.97% in year one, and rental yield stands at 7.54% on a $599,400 basis. Equity gained on principal adds $3,868/yr, and 5% annual appreciation accumulates to $165,603 by year five. Five-year ROI measures 108.3% and total cumulative return in cash reaches $213,579. For financing, Ziffy Mortgage’s DSCR program evaluates $3,768/mo property income against a $2,934/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.
| 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 |
Residential
11,496
Single Family
9,114
Multi-Family
2,382
Businesses
1,451
Date | Event | Price |
|---|---|---|
| 2024-09-16 | Listed for sale | $599,400 |
| 2023-08-11 | Sold | $495,000 |
| 2023-07-23 | Pending sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $3724.88 | 2.91% | $213,889 | 3.00% |
| 2022-10-14 | $3619.53 | 9.11% | $207,660 | 3.00% |
| 2021-10-14 | $3317.45 | 2.60% | $201,612 | 3.00% |



Listed by: Gina Bany • Better Homes & Gardens Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24294763
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-14 07:04:01 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.