8300 NE Quatama St #104 · Hillsboro, OR
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $498 – $926
Heat risk 3/10 · Minor
- Hot days now (above 92°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 8/10 · Major
- Unhealthy air days now
- 11 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.6/15.0
- Livability +4.4/5.0
- Schools +3.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$145,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Priced over $10,000 less than the appraised value for a quick sale with inspection report available!! Don't miss this rare opportunity to build instant equity in a bright doublewide manufactured home on a desirable corner lot! Creekside of Hillsboro is a well-maintained, all-ages Hillsboro community with lot rent of only $970/month (one of the lowest in the area)!Fresh new flooring in the kitchen and bathroom in this move-in ready home. The thoughtful split-bedroom layout offers two bedrooms and a full bath on one end, and a spacious primary suite with its own bathroom and laundry room on the other, perfect for privacy and flexibility. Vaulted ceilings, skylights, and an open living area ke
Key facts
- Covered deck
- Split-bedroom layout
- Desirable corner lot
Tags
Property features AI
Finance
- Other: Land lease expires December 31, 2026
- Financial info: Monthly lot rent applies
- HOA & community: Park rent covers common areas, management, road maintenance, and a children’s play structure; Park name: Creekside of Hillsboro; Pets subject to park rules and regulations; Land lease in place (lot rent paid monthly)
Exterior
- Parking: Carport (tandem configuration); RV parking and RV/boat storage available; Two parking spaces total
- Utilities: Public water; Public sewer; Electric service
- Home design: Manufactured home located in a park; Single-story living (main level primary living area); No notable view
- Construction: Built in 1992; Composition roof; Trio building area description
- Exterior features: Covered deck; Tool shed; Workshop; Yard; T-111 siding
Interior
- Kitchen: Dishwasher; Microwave; Free-standing range; Free-standing refrigerator; Stainless steel appliances; Vinyl floor; Skylight in kitchen
- Bedrooms: Primary bedroom with ensuite and walk-in closet (main level); Second bedroom with closet (main level); Third bedroom with closet (main level)
- Flooring: Wall-to-wall carpet; Vinyl flooring
- Bathrooms: Two full bathrooms (both on main level)
- Heating & cooling: Forced air heating; Central air conditioning; Electric hot water
- Interior features: Ceiling fans; Skylights; Vaulted ceilings; Laundry area (washer/dryer included); Wall-to-wall carpet; Vinyl flooring
- Laundry & utility: Main-level utility/laundry room with vinyl floor and washer/dryer; Workshop area (lower level)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $145k.
Deal economics
- At list price, monthly cash flow is $925 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $145k).
- Cap rate 13.9% vs local median 2.9% in Hillsboro — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 87/100 on livability (#13 in OR, #282 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: crime D+, cost of living F.
- Hillsboro SD 1J (urban): math 35% / reading 46% proficiency, ranked #13 of 58 in OR (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Orenco Elementary School (math 42% / reading 52%, grade D-, #132 of 412 statewide, top 34%, 476 students, 37% FRL); J W Poynter Middle School (math 42% / reading 62%, grade C+, #25 of 128 statewide, top 19%, 654 students, 62% FRL); Liberty High School (math 50% / reading 70%, grade C+, #23 of 143 statewide, top 19%, 1,454 students, 46% FRL).
- Zoned-school proficiency averages 53% at this address vs 40% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Hillsboro SD 1J average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents soft (-1.6%/yr); 245 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,224 units permitted in Washington County in 2024 (242 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Washington County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $41k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
- Current owner paid $42k; list at $145k implies a 249% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.59% ✓
- Cap rate
- 13.94%
- Cash-on-cash
- 27.33%
- DSCR
- 2.22
- GRM
- 5.2
CMA / ARV
- ARV (median comp)
- $145,232
- List price
- $145,000
- Delta
- -0.16%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8300 NE Quatama St #171 | 0.00mi | 3/2.0 | 1,296 (-1%) | 14mo | $185,500 | $143 | 86 |
| 8300 NE Quatama St #102 | 0.00mi | 3/2.0 | 1,236 (-6%) | 10mo | $140,000 | $113 | 83 |
| 8300 NE Quatama St #48 | 0.15mi | 3/2.0 | 1,232 (-6%) | 14mo | $169,000 | $137 | 72 |
| 100 SW 195th Ave #104 | 0.41mi | 3/2.0 | 1,296 (-1%) | 12mo | $130,000 | $100 | 69 |
| 8300 NE Quatama St #76 | 0.14mi | 2/2.0 (-1) | 1,114 (-15%) | 1mo | $107,000 | $96 | 62 |
| 100 SW 195th Ave #4 | 0.41mi | 2/2.0 (-1) | 1,440 (+10%) | 0mo | $139,000 | $97 | 59 |
| 100 SW 195th Ave #9 | 0.41mi | 3/2.0 | 1,440 (+10%) | 10mo | $145,000 | $101 | 56 |
| 100 SW 195th Ave #71 | 0.53mi | 2/2.0 (-1) | 1,248 (-5%) | 8mo | $126,000 | $101 | 55 |
| 100 SW 195th Ave #199 | 0.53mi | 2/2.0 (-1) | 1,248 (-5%) | 11mo | $107,000 | $86 | 53 |
| 100 SW 195th Ave #90 | 0.53mi | 3/2.0 | 1,488 (+14%) | 1mo | $46,000 | $31 | 52 |
| 100 SW 195th Ave #177 | 0.41mi | 3/2.0 | 1,450 (+11%) | 14mo | $133,000 | $92 | 51 |
| 100 SW 195th Ave #45 | 0.53mi | 2/2.0 (-1) | 1,248 (-5%) | 14mo | $148,000 | $119 | 50 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 18.1%
- Equity multiple
- 1.70×
- Total profit
- $28,599
- Equity at exit
- $21,620
- IRR
- 24.4%
- Equity multiple
- 2.83×
- Total profit
- $74,486
- Equity at exit
- $12,537
Cash invested: $40,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Oregon
- 28 Tenant-Leaning · D+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 97006
- Rents YoY
- -1.6%
- Active inventory
- 245
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $2,306 high interval (Pro) →
- Mortgage (P&I)
- −$760
- Tax from tax record
- −$77 /mo · $920/yr
- Insurance
- −$60
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$484
- Net cashflow
- $925
Break-even live
Sensitivity live
| Price | -10% $1,007 | -5% $966 | +0% $925 | +5% $883 | +10% $842 |
|---|---|---|---|---|---|
| Rent | -10% $742 | -5% $833 | +0% $925 | +5% $1,016 | +10% $1,107 |
| Rate | -1.0pp $998 | -0.5pp $961 | base $925 | +0.5pp $887 | +1.0pp $849 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $36,250
- Closing costs
- $4,350
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 177 NW 208th Ave Beaverton, OR | 4.0 | 2.5 | 1824 | $2,700 | $1.48 | 24d | 1 | 0.11mi |
| 283 NW 208th Ave Beaverton, OR | 3.0 | 2.5 | 1776 | $2,300 | $1.30 | 44d | 1 | 0.12mi |
| 20789 NW Painted Mountain Dr Beaverton, OR | 3.0 | 2.5 | 1753 | $2,375 | $1.35 | 44d | 1 | 0.19mi |
| 472 NE Patricia Ann Pl Beaverton, OR | 2.0 | 2.5 | 1422 | $2,350 | $1.65 | 20d | 1 | 0.23mi |
| 331 NE 79th Ave Unit 337/204 Hillsboro, OR | 2.0 | 2.0 | 1056 | $1,799 | $1.70 | 3d | 1 | 0.26mi |
| 20642 SW Bingo Ln Beaverton, OR | 3.0 | 2.5 | 1364 | $2,325 | $1.70 | 44d | 1 | 0.27mi |
| 43 SW 206th Ave Beaverton, OR | 3.0 | 2.5 | 1240 | $2,350 | $1.90 | 5d | 1 | 0.27mi |
| 399 NE 79th Ave Beaverton, OR | 2.0 | 2.0 | 1000 | $1,799 | $1.80 | 8d | 1 | 0.28mi |
| 57 SW 206th Ave Beaverton, OR | 3.0 | 3.0 | 1200 | $2,450 | $2.04 | 15d | 1 | 0.28mi |
| 8712 NE Delamere Way Beaverton, OR | 3.0 | 2.5 | 1556 | $2,400 | $1.54 | 11d | 1 | 0.28mi |
| 248 NW Prescott Pl Beaverton, OR | 3.0 | 3.0 | 1238 | $2,149 | $1.74 | 24d | 1 | 0.28mi |
| 421 NE 80th Ave Hillsboro, OR | 1.0–2.0 | 1.0–2.0 | 842 | $1,899 | $2.25 | 2d | 19 | 0.28mi |
| 610 NE Garswood Ln Beaverton, OR | 3.0 | 2.5 | 1528 | $2,349 | $1.54 | 44d | 1 | 0.33mi |
| 630 NE Garswood Ln Beaverton, OR | 2.0 | 2.5 | 1249 | $1,999 | $1.60 | 22d | 1 | 0.33mi |
| 131 NE 79th Ave Beaverton, OR | 2.0 | 3.0 | 1488 | $2,300 | $1.55 | 44d | 1 | 0.34mi |
| 380 NW Gina Way Beaverton, OR | 1.0–3.0 | 1.0–2.0 | 927 | $2,195 | $2.37 | 4d | 17 | 0.34mi |
| 8650 NE Trailwalk Dr Hillsboro, OR | 1.0–3.0 | 1.0–2.0 | 963 | $2,090 | $2.17 | 2d | 29 | 0.35mi |
| 303 NE Natalie St Hillsboro, OR | 3.0 | 2.5 | 1632 | $2,400 | $1.47 | 44d | 1 | 0.40mi |
| 20674 SW Nantucket Ln Beaverton, OR | 3.0 | 2.5 | 1184 | $2,299 | $1.94 | 17d | 1 | 0.40mi |
| 965 NE Wheelock Pl Beaverton, OR | 2.0 | 2.5 | 1227 | $2,395 | $1.95 | 44d | 1 | 0.40mi |
| 279 NE Natalie St Hillsboro, OR | 3.0 | 3.0 | 1632 | $2,490 | $1.53 | 24d | 1 | 0.40mi |
| 577 SW 207th Ave Beaverton, OR | 3.0 | 2.5 | 1196 | $2,389 | $2.00 | 3d | 1 | 0.41mi |
| 8041 NE Miriam Way Beaverton, OR | 2.0 | 2.5 | 1715 | $2,300 | $1.34 | 24d | 1 | 0.41mi |
| 7894 NE Miriam Way Beaverton, OR | 2.0 | 2.5 | 1715 | $2,495 | $1.45 | 24d | 1 | 0.42mi |
| 8113 NE Rockne Way Beaverton, OR | 3.0 | 2.5 | 1719 | $2,550 | $1.48 | 44d | 1 | 0.42mi |
| 123 NE 75th Ave Hillsboro, OR | 3.0 | 3.0 | 1781 | $2,295 | $1.29 | 24d | 1 | 0.43mi |
| 7414 NE Shaleen St Hillsboro, OR | 3.0 | 2.5 | 1419 | $2,400 | $1.69 | 11d | 1 | 0.45mi |
| 1107 NE Station Ct Beaverton, OR | 3.0 | 2.5 | 1400 | $2,200 | $1.57 | 44d | 1 | 0.49mi |
| 456 SW 203rd Ter Beaverton, OR | 4.0 | 2.5 | 1727 | $2,925 | $1.69 | 44d | 1 | 0.51mi |
| 762 SW 206th Pl Beaverton, OR | 2.0 | 1.5 | 1018 | $1,690 | $1.66 | 44d | 1 | 0.53mi |
| 8646 NE Trafalgar Ln Beaverton, OR | 3.0 | 2.0 | 1200 | $2,145 | $1.79 | 44d | 1 | 0.53mi |
| 8641 NE Trafalgar Ln Beaverton, OR | 3.0 | 2.0 | 1156 | $1,945 | $1.68 | 44d | 1 | 0.55mi |
| 1101 NE 89th Ave Hillsboro, OR | 1.0–3.0 | 1.0–2.0 | 1020 | $2,581 | $2.53 | 3d | 19 | 0.56mi |
| 410 SW Basilone Ter Beaverton, OR | 4.0 | 2.5 | 1642 | $2,675 | $1.63 | 17d | 1 | 0.57mi |
| 410 SW Basilone Ter Beaverton, OR | 4.0 | 2.5 | 1642 | $2,675 | $1.63 | 20d | 1 | 0.57mi |
| 1090 NE 91st Ave Hillsboro, OR | 1.0–2.0 | 1.0–2.0 | 823 | $2,270 | $2.76 | 4d | 16 | 0.60mi |
| 719 SW Backcourt Pl Aloha, OR | 3.0 | 2.0 | 1384 | $2,325 | $1.68 | 44d | 1 | 0.61mi |
| 650 201st Ave Aloha, OR | 2.0 | 2.0 | 985 | $1,688 | $1.71 | 4d | 5 | 0.63mi |
| 545 SW 201st Ave Beaverton, OR | 1.0–3.0 | 1.0–2.0 | 898 | $2,300 | $2.56 | 2d | 19 | 0.64mi |
| 20849 SW Longacre St Beaverton, OR | 3.0 | 2.0 | 1160 | $2,399 | $2.07 | 44d | 1 | 0.69mi |
Listing history 17 events
-
2026-06-13statusdays on market $145,000 Pending 9 DOM
-
2026-06-09days on market $145,000 Active 7 DOM
-
2026-06-08days on market $145,000 Active 6 DOM
-
2026-06-07days on market $145,000 Active 5 DOM
-
2026-06-05days on market $145,000 Active 2 DOM
-
2026-06-03remarks 699-char remark
-
2026-06-03days on market $145,000 Active 1 DOM
-
2026-04-14status Active 1255-char remark
-
2026-03-07status Pending 1255-char remark
-
2026-02-28price $145,000 1255-char remark
-
2026-01-31price $155,000 1255-char remark
-
2026-01-26status Active 1255-char remark
-
2026-01-17status Pending 1255-char remark
-
2025-12-30price $160,000 1255-char remark
-
2025-11-10price $170,000 1255-char remark
-
2025-10-10$180,000 Active 1255-char remark
-
1992-12-05soldstatus $41,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast OR · Resets to sale price
- Current annual tax
- $920 · $77/mo
- Projected year-2 tax
- $1,406 · $117/mo
- Expected delta
- +$487/yr (+$41/mo · 52.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥92°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 8/10 Severe 11 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,676
- − Mortgage interest
- −$8,122
- − Property taxes
- −$920
- − Insurance
- −$725
- − Repairs & maintenance
- −$2,214
- − Management
- −$2,214
- − Depreciation
- −$4,218
- Taxable income
- $9,262
- Est. tax owed @ 24.0%
- −$2,223
- After-tax cash flow
- $8,871/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Hillsboro SD 1J
- NCES district ID
- 4100023
- Math proficiency
- 35% ▼ -4.00%
- Reading proficiency
- 46% ▼ -7.00%
- Median HH income
- $68,587
- Composite
- 36.64/100
- National rank
- #4617
- State rank
- #13 of 58 in OR
Livability — Hillsboro
- Score
- 87/100
- State rank
- #13
- US rank
- #282
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Washington County · 583,254 people
- City population
- 102,767
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Population (ZIP)
- 46,463
- Household income
- $104,790
- Rent vs Own
- Severe rent burden
- 2200.0
Population outlook (Washington County) Hauer SSP2
- Today (2025)
- 674,042 people
- By 2030
- 721,804 · +7.1%
- By 2040
- 812,732 · +20.6%
- By 2050
- 895,143 · +32.8%
- By 2075
- 1,058,806 · +57.1%
- By 2100
- 1,131,692 · +67.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.66)
- Race & ethnicity
- White 52% Asian 21% Hispanic / Latino 16% Two or more races 12% Black 3%
- Hispanic origin (detail)
- Mexican 12%
- Common ancestry
- Italian 4% Portuguese 3% Lithuanian 3%
- Foreign-born
- 22% · Canada, China, Vietnam
- Languages at home
- 71% English-only · Spanish 8% Other Asian/Pacific 6% Other Indo-European 5%
Political lean MEDSL · Washington
- 2024 margin
- Solid D (+34.0) · D 65.3% · R 31.3% · Other 3.4%
- 2008→2024 swing
- +11.8pp toward D · 2008: 22.1pp · 2024: 34.0pp
- All cycles
- 2024: D+34.0 2020: D+34.6 2016: D+26.7 2012: D+17.5 2008: D+22.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -344.27%
- Current HPI
- 304.041
- Rent YoY
- ▼ -1.58%
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in OR)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 1 | $51B |
|
||
Price history
+249.4% since first listed3 events — show timeline
- 2026-06-11 Pending — RMLS
- 2026-06-02 Listed $145,000 RMLS
- 1992-12-05 Sold (Public Records) $41,500 Public Records
Property tax history
+4.6%/yrLatest (2025): $920 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…