1414 SW 3rd Ave APT 2902PortlandOR97201
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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
Total monthly income runs $5,100/mo, and a $5,139/mo payment. Purchase price stands at $1,050,000, and rental yield measures 5.83% with $5,100/mo rent. Return on cash invested shows 16% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 81.6% and total cumulative return in cash records $277,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,100/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97201, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,508 (100%) |
| Owner Occupied HU | 2,911 (23.3%) |
| Renter Occupied HU | 8,009 (64.0%) |
| Vacant Housing Units | 1,588 (12.7%) |
| Median Home Value | $828,638 |
| Average Home Value | $952,897 |
Housing Distribution
Address Breakdown
Residential
12,544
Single Family
2,391
Multi-Family
10,153
Businesses
666
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