12653 NE Hassalo 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 12653 NE Hassalo St, Portland, OR, 97230 uses $152,490 cash to close to unlock $1,510/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $2,902/mo, and a $2,251/mo payment keeps the spread at $126/mo. Purchase price stands at $460,000, and rental yield measures 7.57% with $2,902/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 107.95% and total cumulative return in cash records $164,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,902/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,405 sqft 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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