1075 NW Northrup St UNIT 204PortlandOR97219
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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 1075 NW Northrup St UNIT 204, Portland, OR, 97219 listed at $390,000 pairs $1,651/mo rent with a $1,909/mo payment. Total monthly income runs $1,651/mo. Return on cash invested measures 13.38% in year one, and rental yield registers 5.08% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 67.64% and total cumulative return in cash totals $87,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,651/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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