88 Oswego SmtLake OswegoOR97035
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
Rental property for sale in Lake Oswego at 88 Oswego Smt, Lake Oswego, OR, 97035 priced at $205,000 converts $1,968/mo rent into $731/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,968/mo, and annual cash flow totals $8,772/yr on $67,958 invested. Return on cash invested prints 32.82% in year one, and rental yield reads 11.52% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 171.84% and total cumulative return in cash sums $116,778. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,968/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97035, Lake Oswego, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 7,509 (62.0%) |
| Renter Occupied HU | 3,854 (31.8%) |
| Vacant Housing Units | 748 ( 6.2%) |
| Median Home Value | $849,759 |
| Average Home Value | $912,658 |
Housing Distribution
Address Breakdown
Residential
11,496
Single Family
9,114
Multi-Family
2,382
Businesses
1,451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brigitte Robinson • Urban Nest Realty
Mls Name: RMLS (OR)
Mls ID: #597585952