7940 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 | $222/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7940 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 | $222/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

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

More details about the property

Tucked into the serene, park-like setting of Bonita Firs Village, this end-unit townhome style condo offers a peaceful retreat in the heart of Tigard-with no neighbors above or below! Surrounded by lush greenery, this home features a two-story layout and an unbeatable location near Fanno Creek Trail, Downtown Tigard, Bridgeport Village, Washington Square and and major highways including 99W, Hwy 217, and I-5. Step inside to find an inviting main level with Luxury Vinyl Plank flooring and a bright, open layout. The living room flows seamlessly into the dining area and kitchen, where youll find a built-in microwave, dishwasher, range, refrigerator and tile accent. A convenient half bath with an in-unit washer and dryer adds function, while the sliding glass door off the dining area opens to a private patioideal for quiet mornings or evening gatherings. Upstairs are two bedrooms and a full bath with a shower/tub combo. A detached 1-car garage adds extra parking and storage space. Whether you're looking for your next home or a strong investment opportunity, this condo checks the boxes. With no rental cap, its investor-friendly, and the HOA dues include water, sewer, trash, Comcast cable TV and landscaping for easy living.

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