7945 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 | $783/mo Cash Flow

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7945 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 | $783/mo Cash Flow | Ziffy

For Sale

Motivated Seller

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 7945 SW Fanno Creek Dr APT 3, Tigard, OR, 97224 listed at $249,000 pairs $2,286/mo rent with a $1,219/mo payment to leave $783/mo cash flow. Total monthly income runs $2,286/mo, and annual cash flow reaches $9,393/yr on $82,544 cash to close. Return on cash invested measures 31.29% in year one, and rental yield registers 11.02% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 163.68% and total cumulative return in cash totals $135,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Freshly updated and ready for its next chapter, this 2-bedroom condo offers more than just a comfortable home, it connects you to Tigards best outdoor escapes. Inside youll find new flooring, a new water heater, and fresh paint, along with an efficient layout that balances open living spaces with private upstairs bedrooms. Just beyond the private patio, just the right size for a place to grill and chill, youll find your own garage which provides secure parking or additional storage. Step outside and the Fanno Creek Trail is close by, linking you to a chain of green spaces - Bonita Park, Fanno Creek Park, Woodard Park, and Dirksen Nature Park - for over two miles of paved paths, play areas, and scenic spots to unwind. Shops, dining, and commuter routes are nearby, while the HOA takes care of exterior maintenance and common areas so you can spend more time enjoying the community and less time worrying about upkeep. Clean, comfortable, and priced to move, this home is a smart choice for anyone seeking low-maintenance living in a location that offers both convenience and connection to the outdoors. Unit 3.

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