1005 SW Park Ave UNIT 707PortlandOR97205
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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 Portland at 1005 SW Park Ave UNIT 707, Portland, OR, 97205 earns $130/mo cash flow from $1,615/mo rent with a $1,204/mo payment. Total monthly income totals $1,615/mo, and annual cash flow totals $1,563/yr on $81,516 capital. ROI tracks 21.83% on current figures, and rental yield reads 7.88% at a $245,900 purchase. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,938 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash sums $92,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,615/mo property income instead of your personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97205, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,632 (100%) |
| Owner Occupied HU | 1,213 (15.9%) |
| Renter Occupied HU | 5,607 (73.5%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $822,425 |
| Average Home Value | $979,827 |
Housing Distribution
Address Breakdown
Residential
6,535
Single Family
598
Multi-Family
5,937
Businesses
1,038
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