1022 NE Lija 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 1022 NE Lija Loop, Portland, OR, 97211 uses $177,035 cash to close to unlock $4,772/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $3,646/mo, and a $2,634/mo payment keeps the spread at $398/mo. Purchase price stands at $538,100, and rental yield measures 8.13% with $3,646/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $148,667 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash records $208,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,646/mo property income covering a $2,634/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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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