12506 SE Stark St APT DPortlandOR97233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 12506 SE Stark St APT D, Portland, OR, 97233 in Portland at $217,000 earns $1,776/mo in rent and nets $176/mo after the $976/mo payment, a 9.82% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,953 over five years. Ziffy Mortgage underwrites this on a 1.82 DSCR without U.S. credit history. With $1,999/yr in principal paydown, total projected return reaches $112,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 5.5% |
| Monthly Cash Flow | $176 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,776 |
| Total Monthly Debt Service | $1,224 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices