650 SW Meadow Dr APT 212, Beaverton, OR, 97006 | $905/mo Cash Flow

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650 SW Meadow Dr APT 212, Beaverton, OR, 97006 | $905/mo Cash Flow | Ziffy

For Sale

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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

Rental property for sale in Beaverton at 650 SW Meadow Dr APT 212, Beaverton, OR, 97006 generates $2,788/mo in rent and, after a $1,527/mo payment, leaves $905/mo in cash flow. Total monthly income is $2,788/mo, and annual cash flow is $10,858/yr on $103,428 invested. Return on cash invested sits at 30.41% in year one, and rental yield is 10.72% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 158.94% and total cumulative return in cash sums $164,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,788/mo property income rather than buyer’s personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Located directly across from Nike World Headquarters, this upper-floor condo combines convenience with comfortable living. The unit features 3 bedrooms and 2 full bathrooms, with an open layout that connects the kitchen, dining, and living areas.The primary bedroom has its own bathroom and closet, while two additional bedrooms offer options for guests, a home office, or other uses. Private balcony, in-unit laundry, and assigned parking space. Deeded garage space (K). Newer roof (2024) and Dishwasher (2025). Community amenities include a pool and a shared garden, providing opportunities for both relaxation and outdoor activities. Located right off both Hwy 217 and Hwy 26 and near Commonwealth Lake park and Cedar Hills shopping. HOA pays water, sewer, garbage.

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