8296 SW Mohawk StTualatinOR97062
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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 Tualatin at 8296 SW Mohawk St, Tualatin, OR, 97062 priced at $239,900 converts $2,190/mo rent into $46/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,190/mo, and annual cash flow totals $553/yr on $79,527 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 10.95% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 110.24% and total cumulative return in cash sums $87,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,190/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$696 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97062, Tualatin, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,540 (56.4%) |
| Renter Occupied HU | 4,728 (40.8%) |
| Vacant Housing Units | 322 ( 2.8%) |
| Median Home Value | $644,144 |
| Average Home Value | $695,864 |
Housing Distribution
Address Breakdown
Residential
11,483
Single Family
9,113
Multi-Family
2,370
Businesses
1,476
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $239,900 |
| 2024-08-29 | Listing removed | $239,900 |
| 2024-08-26 | Pending sale | $239,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1913.05 | 4.52% | $108,870 | 3.00% |
| 2022-10-14 | $1830.31 | 2.49% | $105,700 | N/A |
| 2021-10-14 | $1785.76 | 3.05% | N/A | N/A |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1980
- Architectural Style: N/A
- Building Area: 904
- Living Area: 904 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Baseboard
- Cooling: N/A
- Flooring: Laminate, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Condo Garage (Attached), Detached
HOA & Fees
- HOA Fee: $696 monthly
- Association Fee: $419 monthly
- 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: Tualatin
- Middle School: Hazelbrook
- High School: Tualatin
Listed by: Cassandra Skelley • PDX Dwellings LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24460825
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-14 09:54:08 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.