1223 N Terry StPortlandOR97217
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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 1223 N Terry St, Portland, OR, 97217 listed at $299,800 pairs $3,444/mo rent with a $1,467/mo payment to leave $1,621/mo cash flow. Total monthly income runs $3,444/mo, and annual cash flow reaches $19,455/yr on $99,384 cash to close. Return on cash invested measures 39.48% in year one, and rental yield registers 13.79% at a $299,800 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,829 by year five. Five-year ROI tracks 207.7% and total cumulative return in cash totals $206,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,444/mo property income relative to a $1,467/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
5,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Price History
Date | Event | Price |
|---|---|---|
| 1997-04-08 | Sold | $23,600 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3069.09 | 4.00% | $114,710 | 3.00% |
| 2023-10-22 | $2951.16 | 2.21% | $111,370 | 3.00% |
| 2022-10-22 | $2887.34 | 1.71% | $108,130 | 2.99% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,072 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced air
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: Metal
- Parking Features: Garage - Detached
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A