12615 NE Morris StPortlandOR97230
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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 12615 NE Morris St, Portland, OR, 97230 earns $159/mo cash flow from $3,114/mo rent with a $2,396/mo payment. Total monthly income totals $3,114/mo, and annual cash flow totals $1,910/yr on $162,269 capital. ROI tracks 21.09% on current figures, and rental yield reads 7.63% at a $489,500 purchase. Equity gained on principal adds $3,159/yr, and 5% annual appreciation supports $135,240 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash sums $176,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,114/mo property income instead of your personal income.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97230, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 8,699 (54.0%) |
| Renter Occupied HU | 6,495 (40.3%) |
| Vacant Housing Units | 909 ( 5.6%) |
| Median Home Value | $473,969 |
| Average Home Value | $499,367 |
Housing Distribution
Address Breakdown
Residential
15,969
Single Family
14,523
Multi-Family
1,446
Businesses
1,086
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