








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Portland at 10204 NW Alder Grove Ln, Portland, OR, 97229 earns $57/mo cash flow from $3,300/mo rent with a $1,958/mo payment. Total monthly income totals $3,300/mo, and annual cash flow totals $688/yr on $132,600 capital. ROI tracks 20.43% on current figures, and rental yield reads 9.9% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash sums $143,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Townhouse
Built in 1998
871.20 sqft lot
$N/A/sqft
$511 monthly HOA
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $400,000 |
| 2022-06-15 | Sold | $395,000 |
| 2022-05-10 | Pending sale | $389,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $7684.48 | 2.27% | $300,160 | 3.00% |
| 2022-10-17 | $7513.55 | 12.42% | $291,420 | 3.00% |
| 2021-10-17 | $6683.64 | 11.22% | $282,940 | 3.00% |



Listed by: Tara Jo Hayes • Windermere RE Lane County
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24349184
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-17 12:44:14 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.