10400 SE Cook Ct UNIT 15MilwaukieOR97222
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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 Milwaukie at 10400 SE Cook Ct UNIT 15, Milwaukie, OR, 97222 uses $65,969 cash to close to unlock $9,142/yr annual cash flow and $762/mo monthly cash flow. Total monthly income runs $2,963/mo, and a $974/mo payment keeps the spread at $762/mo. Purchase price stands at $199,000, and rental yield measures 17.87% with $2,963/mo rent. Return on cash invested shows 33.77% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 183.55% and total cumulative return in cash records $121,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,963/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
$1,000 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97222, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,111 (100%) |
| Owner Occupied HU | 8,989 (52.5%) |
| Renter Occupied HU | 7,133 (41.7%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $536,023 |
| Average Home Value | $602,686 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
13,579
Multi-Family
2,394
Businesses
929
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