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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 1400 NW Irving St APT 324, Portland, OR, 97209 generates $1,988/mo in rent and, after a $1,463/mo payment, leaves $184/mo in cash flow. Total monthly income is $1,988/mo, and annual cash flow is $2,204/yr on $99,119 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 7.98% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash sums $113,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,988/mo property income rather than buyer’s personal income.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stacy Stokes • Like Kind Realty
Mls Name: RMLS (OR)
Mls ID: #575928499
