642 Iron Mountain BlvdLake OswegoOR97034
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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
Total monthly income runs $4,955/mo, and a $8,316/mo payment. Purchase price stands at $1,699,000, and rental yield measures 3.5% with $4,955/mo rent. Return on cash invested shows 8.81% in year one, and 5% annual appreciation builds toward $469,402 over five years. Five-year ROI reaches 43.05% and total cumulative return in cash records $236,969. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,955/mo property income covering a $8,316/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97034, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,516 (100%) |
| Owner Occupied HU | 6,719 (70.6%) |
| Renter Occupied HU | 2,063 (21.7%) |
| Vacant Housing Units | 734 ( 7.7%) |
| Median Home Value | $1,023,696 |
| Average Home Value | $1,197,323 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,782
Multi-Family
1,032
Businesses
688
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Listed by: Kevin Hall • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #117989032