8720 SW Tualatin Rd APT 120TualatinOR97062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tualatin at 8720 SW Tualatin Rd APT 120, Tualatin, OR, 97062 earns $103/mo cash flow from $2,190/mo rent with a $1,321/mo payment. Total monthly income totals $2,190/mo, and annual cash flow totals $1,234/yr on $89,472 capital. ROI tracks 21.29% on current figures, and rental yield reads 9.74% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 112.27% and total cumulative return in cash sums $100,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,190/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$458 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $269,900 |
| 2022-08-25 | Sold | $260,000 |
| 2022-08-12 | Pending sale | $265,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2479.91 | 4.52% | $141,130 | 3.00% |
| 2022-10-14 | $2372.66 | 2.50% | $137,020 | N/A |
| 2021-10-14 | $2314.75 | 3.06% | N/A | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 1987
- Architectural Style: N/A
- Building Area: 1,022
- Living Area: 1,022 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Baseboard, Fireplace(s)
- Cooling: N/A
- Flooring: Laminate, Wall to Wall Carpet
- Interior Features: Closet, Pantry, Updated Remodeled, Bathroom, Suite, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Deeded, Secured, Garage Door Opener, Condo Garage (Deeded), Tuck Under
HOA & Fees
- HOA Fee: $458 monthly
- Association Fee: $458 monthly
- Fees & Dues: N/A
- Association Amenities: All Landscaping, Exterior Maintenance, Gym, Management, Pool, Sewer, Trash, Water
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Tualatin
- Middle School: Hazelbrook
- High School: Tualatin
Listed by: Jason Graham • HomeSmart Realty Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24476736
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.