








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 1420 NW Lovejoy St APT 320, Portland, OR, 97209 generates $1,988/mo in rent, after a $1,835/mo payment. Total monthly income is $1,988/mo. Return on cash invested sits at 17.25% in year one, and rental yield is 6.36% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 88.4% and total cumulative return in cash sums $109,887. 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 1910
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: Michelle Herrman • Rose City Realty Group
Mls Name: RMLS (OR)
Mls ID: #552480994