1006 NE Mariners LoopPortlandOR97211
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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 1006 NE Mariners Loop, Portland, OR, 97211 offers a 10.57% rental yield on a $408,000 purchase with $3,594/mo rent. Total monthly income registers $3,594/mo, and a $1,997/mo payment leaves $1,131/mo available for distribution. Annual cash flow reaches $13,574/yr on $135,252 to close, and return on cash invested stands at 29.95% in year one. Equity gained on principal adds $2,633/yr while 5% annual appreciation supports $112,723 over five years. Portfolio math shows five-year ROI at 156.49% and total cumulative return in cash at $211,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,594/mo property income against a $1,997/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97211, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,922 (100%) |
| Owner Occupied HU | 8,665 (58.1%) |
| Renter Occupied HU | 5,347 (35.8%) |
| Vacant Housing Units | 910 ( 6.1%) |
| Median Home Value | $657,029 |
| Average Home Value | $686,430 |
Housing Distribution
Address Breakdown
Residential
13,977
Single Family
12,999
Multi-Family
978
Businesses
1,099
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