1500 SW Skyline Blvd APT 13, Portland, OR, 97221 | $329/mo Cash Flow

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1500 SW Skyline Blvd APT 13, Portland, OR, 97221 | $329/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 1500 SW Skyline Blvd APT 13, Portland, OR, 97221 earns $329/mo cash flow from $1,820/mo rent with a $1,209/mo payment. Total monthly income totals $1,820/mo, and annual cash flow totals $3,948/yr on $81,881 capital. ROI tracks 24.73% on current figures, and rental yield reads 8.84% at a $247,000 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash sums $105,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,820/mo property income instead of your personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Wonderful middle floor, single level mid-century modern home located in Portland's West Hills. Very conveniently located only minutes from Hwy 26 & 217, downtown Portland and Beaverton in a secluded wooded area. Home features 2 bedrooms, large living room, dining room, galley kitchen, private covered patio, stainless steel appliances, stacked washer & dryer, 2 deeded parking spaces - one with carport and a separate storage room directly across from unit.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97221, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,608 (100%)
Owner Occupied HU	3,763 (67.1%)
Renter Occupied HU	1,575 (28.1%)
Vacant Housing Units	270 ( 4.8%)
Median Home Value	$797,563
Average Home Value	$906,915