14826 NW Deejay LnPortlandOR97229
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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
Rental property for sale in Portland at 14826 NW Deejay Ln, Portland, OR, 97229 generates $3,299/mo in rent, after a $2,447/mo payment. Total monthly income is $3,299/mo. Return on cash invested sits at 19.37% in year one, and rental yield is 7.92% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 100.69% and total cumulative return in cash sums $166,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2,613 sqft lot
$N/A/sqft
$344 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Price change | $500,000 |
| 2024-06-13 | Price change | $525,000 |
| 2024-06-03 | Listed for sale | $550,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $4985.92 | 3.46% | $301,390 | 3.00% |
| 2022-10-17 | $4819.18 | 3.90% | $292,620 | N/A |
| 2021-10-17 | $4638.36 | 3.15% | N/A | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1999
- Architectural Style: N/A
- Building Area: 1,834
- Living Area: 1,834 sqft
- Property Condition: Approximately
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Hardwood, Vinyl, Wall to Wall Carpet
- Interior Features: High Ceilings, Closet, Eat-in Kitchen, Kitchen Island, Bathroom, Ceiling Fan(s), Walk-In Closet(s), Tile
- Exterior Features: Garden, Yard
- Parking Features: On Street, Garage Door Opener, Attached
Location
HOA & Fees
- HOA Fee: $344 monthly
- Association Fee: $344 monthly
- Fees & Dues: N/A
- Association Amenities: Exterior Maintenance, Front Yard Landscaping, Maintenance Grounds, Management
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Jacob Wismer
- Middle School: Stoller
- High School: Sunset
Listed by: Rick Christensen • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24217982
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-17 00:59:32 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.