13620 SW Beef Bend Rd UNIT 38, Portland, OR, 97224 | $310/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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13620 SW Beef Bend Rd UNIT 38, Portland, OR, 97224 | $310/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 13620 SW Beef Bend Rd UNIT 38, Portland, OR, 97224 listed at $189,500 pairs $1,454/mo rent with a $928/mo payment to leave $310/mo cash flow. Total monthly income runs $1,454/mo, and annual cash flow reaches $3,716/yr on $62,819 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.21% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 134.38% and total cumulative return in cash totals $84,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,454/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

This one has been re-done, top to bottom, inside and out. New roof, new gutters, new siding and tasteful paint colors. Inside find new flooring, all new cabinetry in kitchen and bathrooms. New plumbing fixtures, new vanities, new lighting, new interior doors and moldings. New paint throughout. New furnace and AC unit. This one has single car carport, plus a shop area! Private fenced backyard with plenty of shade. Commute time to Portland, Tualatin, Beaverton, Hillsboro, or even Salem is a breeze. Just minutes! Check it out!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97224, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,474 (100%)
Owner Occupied HU	11,629 (66.6%)
Renter Occupied HU	5,149 (29.5%)
Vacant Housing Units	696 ( 4.0%)
Median Home Value	$648,654
Average Home Value	$667,976