1224 SE Malden StPortlandOR97202
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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 1224 SE Malden St, Portland, OR, 97202 priced at $625,000 pairs $3,816/mo rent with $43/mo cash flow after a $3,059/mo payment. Total monthly income equals $3,816/mo, and annual cash flow comes to $522/yr on $205,625 invested. Return on cash invested is 20.31% in year one, and rental yield stands at 7.33% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 104.79% and total cumulative return in cash reaches $215,473. For financing, Ziffy Mortgage’s DSCR program evaluates $3,816/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97202, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,943 (100%) |
| Owner Occupied HU | 9,458 (45.2%) |
| Renter Occupied HU | 9,812 (46.9%) |
| Vacant Housing Units | 1,673 ( 8.0%) |
| Median Home Value | $708,778 |
| Average Home Value | $749,176 |
Housing Distribution
Address Breakdown
Residential
20,150
Single Family
16,343
Multi-Family
3,807
Businesses
1,425
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