7397 SE Langwood StHillsboroOR97123
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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
Rental property for sale in Hillsboro at 7397 SE Langwood St, Hillsboro, OR, 97123 generates $2,994/mo in rent and, after a $2,247/mo payment, leaves $223/mo in cash flow. Total monthly income is $2,994/mo, and annual cash flow is $2,676/yr on $152,159 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 7.83% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash sums $170,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
6,969 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97123, Hillsboro, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,051 (100%) |
| Owner Occupied HU | 12,755 (67.0%) |
| Renter Occupied HU | 5,073 (26.6%) |
| Vacant Housing Units | 1,223 ( 6.4%) |
| Median Home Value | $620,631 |
| Average Home Value | $660,108 |
Housing Distribution
Address Breakdown
Residential
18,793
Single Family
17,607
Multi-Family
1,186
Businesses
1,736
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Listed for sale | $459,000 |
| 2005-04-27 | Sold | $205,000 |
| 2001-10-17 | Sold | $158,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-07 | $3900.03 | 2.92% | $231,650 | 3.00% |
| 2023-09-07 | $3789.21 | 2.79% | $224,910 | 3.00% |
| 2022-09-07 | $3686.40 | 2.05% | $218,360 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1994
- Architectural Style: Ranch
- Building Area: 1,296
- Living Area: 1,296 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Laminate, Wall to Wall Carpet
- Interior Features: Ceiling Fan(s), Soaking Tub, Vaulted Ceiling(s), Bookcases, Closet, Eat Bar, Pantry, Bathroom, Walk-In Closet(s)
- Exterior Features: Garden, Yard
- Parking Features: Driveway, On Street, Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Ladd Acres
- Middle School: Brown
- High School: Century
Listed by: Cinnamin Webb • Redfin
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #444277754
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-09-07 11:43:19 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.