945 SW 24th StTroutdaleOR97060
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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
Investment property for sale in Troutdale at 945 SW 24th St, Troutdale, OR, 97060 uses $144,203 cash to close to unlock $3,052/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $2,129/mo payment keeps the spread at $254/mo. Purchase price stands at $435,000, and rental yield measures 7.94% with $2,880/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash records $164,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1998
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97060, Troutdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,051 (100%) |
| Owner Occupied HU | 5,223 (64.9%) |
| Renter Occupied HU | 2,547 (31.6%) |
| Vacant Housing Units | 281 ( 3.5%) |
| Median Home Value | $461,456 |
| Average Home Value | $491,208 |
Housing Distribution
Address Breakdown
Residential
7,871
Single Family
6,780
Multi-Family
1,091
Businesses
638
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