1209 SW 6th Ave UNIT 701PortlandOR97204
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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
Rental property for sale in Portland at 1209 SW 6th Ave UNIT 701, Portland, OR, 97204 generates $1,789/mo in rent, after a $3,181/mo payment. Total monthly income is $1,789/mo. Return on cash invested sits at 8.09% in year one, and rental yield is 3.3% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 39.19% and total cumulative return in cash sums $83,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,789/mo property income rather than buyer’s personal income.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97204, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 6 ( 1.1%) |
| Renter Occupied HU | 475 (88.5%) |
| Vacant Housing Units | 56 (10.4%) |
| Median Home Value | $583,333 |
| Average Home Value | $754,167 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
1
Multi-Family
691
Businesses
1,042
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