12437 SE 24th AveMilwaukieOR97222
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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 Milwaukie at 12437 SE 24th Ave, Milwaukie, OR, 97222 earns from $2,945/mo rent with a $3,083/mo payment. Total monthly income totals $2,945/mo. ROI tracks 15.1% on current figures, and rental yield reads 5.61% at a $629,950 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,044 over five years. Five-year ROI reaches 76.8% and total cumulative return in cash sums $159,163. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,945/mo property income instead of your personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97222, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,111 (100%) |
| Owner Occupied HU | 8,989 (52.5%) |
| Renter Occupied HU | 7,133 (41.7%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $536,023 |
| Average Home Value | $602,686 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
13,579
Multi-Family
2,394
Businesses
929
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