10223 NW Wilshire Ln #37PortlandOR97229
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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 10223 NW Wilshire Ln #37, Portland, OR, 97229 uses $132,269 cash to close to unlock $8,034/yr annual cash flow and $669/mo monthly cash flow. Total monthly income runs $3,078/mo, and a $1,953/mo payment keeps the spread at $669/mo. Purchase price stands at $399,000, and rental yield measures 9.26% with $3,078/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 135.23% and total cumulative return in cash records $178,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,078/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
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