1234 SW 18th Ave APT 301PortlandOR97205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1234 SW 18th Ave APT 301, Portland, OR, 97205 uses $72,764 cash to close to unlock $2,885/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $1,074/mo payment keeps the spread at $240/mo. Purchase price stands at $219,500, and rental yield measures 8.56% with $1,565/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 123.93% and total cumulative return in cash records $90,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $1,074/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97205, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,632 (100%) |
| Owner Occupied HU | 1,213 (15.9%) |
| Renter Occupied HU | 5,607 (73.5%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $822,425 |
| Average Home Value | $979,827 |
Housing Distribution
Address Breakdown
Residential
6,535
Single Family
598
Multi-Family
5,937
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices