11990 SW Corby Dr APT 6PortlandOR97225
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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 11990 SW Corby Dr APT 6, Portland, OR, 97225 uses $97,793 cash to close to unlock $6,543/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $2,326/mo, and a $1,444/mo payment keeps the spread at $545/mo. Purchase price stands at $295,000, and rental yield measures 9.46% with $2,326/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 138.55% and total cumulative return in cash records $135,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,326/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97225, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,760 (100%) |
| Owner Occupied HU | 7,142 (56.0%) |
| Renter Occupied HU | 5,005 (39.2%) |
| Vacant Housing Units | 613 ( 4.8%) |
| Median Home Value | $808,289 |
| Average Home Value | $851,429 |
Housing Distribution
Address Breakdown
Residential
12,234
Single Family
8,960
Multi-Family
3,274
Businesses
833
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