12840 SE Mill StPortlandOR97233
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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 12840 SE Mill St, Portland, OR, 97233 earns $407/mo cash flow from $2,820/mo rent with a $1,957/mo payment. Total monthly income totals $2,820/mo, and annual cash flow totals $4,879/yr on $132,534 capital. ROI tracks 23.59% on current figures, and rental yield reads 8.46% at a $399,800 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,457 over five years. Five-year ROI reaches 122.4% and total cumulative return in cash sums $162,217. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,820/mo property income instead of your personal income.
Single Family
Built in 1971
6,098 sqft 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
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