11643 E Burnside StPortlandOR97216
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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 11643 E Burnside St, Portland, OR, 97216 offers a 8.15% rental yield on a $329,500 purchase with $2,237/mo rent. Total monthly income registers $2,237/mo, and a $1,613/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,974/yr on $109,229 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $2,126/yr while 5% annual appreciation supports $91,035 over five years. Portfolio math shows five-year ROI at 117.23% and total cumulative return in cash at $128,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,237/mo property income against a $1,613/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97216, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,003 (100%) |
| Owner Occupied HU | 3,405 (48.6%) |
| Renter Occupied HU | 3,225 (46.1%) |
| Vacant Housing Units | 373 ( 5.3%) |
| Median Home Value | $487,734 |
| Average Home Value | $579,752 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
5,892
Multi-Family
996
Businesses
534
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