844 SE Cedar 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 844 SE Cedar St, Hillsboro, OR, 97123 offers $2,323/mo rent that, after a $1,708/mo payment, leaves $217/mo cash flow. Total monthly income is $2,323/mo, and annual cash flow is $2,599/yr on $115,694 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 7.99% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 114.7% and total cumulative return in cash reaches $132,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,323/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
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
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