7940 SW Fanno Creek Dr APT 3TigardOR97224
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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
Investment property for sale in Tigard at 7940 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 earns $222/mo cash flow from $1,792/mo rent with a $1,273/mo payment. Total monthly income totals $1,792/mo, and annual cash flow totals $2,666/yr on $86,190 capital. ROI tracks 23% on current figures, and rental yield reads 8.27% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 119.28% and total cumulative return in cash sums $102,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97224, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,474 (100%) |
| Owner Occupied HU | 11,629 (66.6%) |
| Renter Occupied HU | 5,149 (29.5%) |
| Vacant Housing Units | 696 ( 4.0%) |
| Median Home Value | $648,654 |
| Average Home Value | $667,976 |
Housing Distribution
Address Breakdown
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
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